Osborn Williams & Donohoe LLC boosted its stake in Dow Chemical Company (The) (NYSE:DOW) by 0.3% during the second quarter, Holdings Channel reports. The fund owned 10,698 shares of the basic materials company’s stock after buying an additional 34 shares during the period. Osborn Williams & Donohoe LLC’s holdings in Dow Chemical Company (The) were worth $675,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of DOW. Pinnacle Bank purchased a new stake in Dow Chemical Company (The) during the first quarter valued at $103,000. First Command Bank raised its stake in Dow Chemical Company (The) by 36.9% in the second quarter. First Command Bank now owns 1,617 shares of the basic materials company’s stock valued at $102,000 after buying an additional 436 shares during the last quarter. First Financial Corp IN raised its stake 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 valued at $107,000 after buying an additional 750 shares during the last quarter. Perkins Coie Trust Co raised its stake in Dow Chemical Company (The) by 33.7% in the second quarter. Perkins Coie Trust Co now owns 1,906 shares of the basic materials company’s stock valued at $120,000 after buying an additional 480 shares during the last quarter. Finally, Ruggie Capital Group raised its stake in Dow Chemical Company (The) by 262.7% in the first quarter. Ruggie Capital Group now owns 2,637 shares of the basic materials company’s stock valued at $168,000 after buying an additional 1,910 shares during the last quarter. 68.79% of the stock is currently owned by institutional investors and hedge funds.

Dow Chemical Company (DOW) traded down 0.21% on Wednesday, reaching $63.28. 1,374,361 shares of the company’s stock were exchanged. The company has a market cap of $77.42 billion, a price-to-earnings ratio of 27.10 and a beta of 1.13. Dow Chemical Company has a 52 week low of $51.57 and a 52 week high of $67.50. The stock’s 50 day moving average is $64.76 and its 200 day moving average is $62.84.

Dow Chemical Company (The) (NYSE:DOW) last issued its quarterly earnings results on Thursday, July 27th. The basic materials company reported $1.08 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.01 by $0.07. Dow Chemical Company (The) had a return on equity of 17.08% and a net margin of 5.83%. The firm had revenue of $13.83 billion for the quarter, compared to analyst estimates of $13.60 billion. During the same period in the previous year, the firm earned $0.95 earnings per share. The company’s revenue was up 15.7% compared to the same quarter last year. On average, equities analysts anticipate that Dow Chemical Company will post $4.08 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Monday, July 31st will be paid a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 2.90%. The ex-dividend date of this dividend is Thursday, July 27th. Dow Chemical Company (The)’s dividend payout ratio (DPR) is presently 76.99%.

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Several research firms have recently weighed in on DOW. UBS AG reaffirmed a “buy” rating and issued a $72.00 target price on shares of Dow Chemical Company (The) in a report on Monday, May 15th. Credit Suisse Group set a $66.00 target price on shares of Dow Chemical Company (The) and gave the stock a “buy” rating in a report on Sunday, April 30th. Alembic Global Advisors set a $85.00 target price on shares of Dow Chemical Company (The) and gave the stock a “buy” rating in a report on Thursday, July 27th. BidaskClub lowered shares of Dow Chemical Company (The) from a “hold” rating to a “sell” rating in a report on Monday, July 24th. Finally, Cowen and Company increased their price objective on shares of Dow Chemical Company (The) from $47.00 to $60.00 and gave the stock a “market perform” rating in a report on Wednesday, May 31st. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Dow Chemical Company (The) has an average rating of “Buy” and a consensus price target of $71.42.

Dow Chemical Company (The) Company Profile

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

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