Palladium Partners LLC lowered its position in Dow Chemical Company (The) (NYSE:DOW) by 6.7% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 18,010 shares of the basic materials company’s stock after selling 1,298 shares during the period. Palladium Partners LLC’s holdings in Dow Chemical Company (The) were worth $1,145,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of DOW. Pinnacle Bank bought a new position in Dow Chemical Company (The) during the first quarter worth $103,000. West Oak Capital LLC boosted its position in Dow Chemical Company (The) by 29.2% in the first quarter. West Oak Capital LLC now owns 1,679 shares of the basic materials company’s stock worth $107,000 after buying an additional 379 shares in the last quarter. First Financial Corp IN boosted its position in Dow Chemical Company (The) by 79.8% in the first quarter. First Financial Corp IN now owns 1,690 shares of the basic materials company’s stock worth $107,000 after buying an additional 750 shares in the last quarter. Cable Hill Partners LLC boosted its position in Dow Chemical Company (The) by 7.6% in the first quarter. Cable Hill Partners LLC now owns 1,764 shares of the basic materials company’s stock worth $112,000 after buying an additional 124 shares in the last quarter. Finally, Lyell Wealth Management LP bought a new position in Dow Chemical Company (The) during the first quarter worth $200,000. Institutional investors own 69.00% of the company’s stock.

Shares of Dow Chemical Company (NYSE DOW) opened at 66.12 on Tuesday. Dow Chemical Company has a 52-week low of $51.57 and a 52-week high of $66.48. The company’s 50-day moving average is $62.86 and its 200 day moving average is $61.64. The firm has a market capitalization of $80.78 billion, a PE ratio of 16.29 and a beta of 1.13.

Dow Chemical Company (The) (NYSE:DOW) last posted its quarterly earnings data on Thursday, April 27th. The basic materials company reported $1.04 EPS for the quarter, beating the Zacks’ consensus estimate of $0.99 by $0.05. Dow Chemical Company (The) had a net margin of 9.77% and a return on equity of 16.65%. The company had revenue of $13.23 billion during the quarter, compared to the consensus estimate of $12.46 billion. During the same quarter in the prior year, the company posted $0.89 EPS. The company’s quarterly revenue was up 23.6% compared to the same quarter last year. Equities analysts expect that Dow Chemical Company will post $4.05 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 2nd. Stockholders of record on Monday, July 31st will be paid a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date is Thursday, July 27th. Dow Chemical Company (The)’s dividend payout ratio is currently 46.82%.

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A number of research firms have weighed in on DOW. UBS AG restated a “buy” rating and set a $72.00 price objective on shares of Dow Chemical Company (The) in a research report on Monday, May 15th. Credit Suisse Group set a $66.00 price objective on shares of Dow Chemical Company (The) and gave the stock a “buy” rating in a research report on Sunday, April 30th. BidaskClub upgraded shares of Dow Chemical Company (The) from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Zacks Investment Research cut shares of Dow Chemical Company (The) from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $76.00 target price on shares of Dow Chemical Company (The) in a research report on Thursday, July 6th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $69.69.

About Dow Chemical Company (The)

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Institutional Ownership by Quarter for Dow Chemical Company (The) (NYSE:DOW)

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