Bruderman Asset Management LLC acquired a new stake in Dow Chemical Co (NYSE:DOW) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,815 shares of the basic materials company’s stock, valued at approximately $178,000.

A number of other large investors have also added to or reduced their stakes in DOW. First Command Bank raised its stake in Dow Chemical 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 period. Perkins Coie Trust Co grew its position in shares of Dow Chemical 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 purchasing an additional 480 shares during the last quarter. BDO Wealth Advisors LLC acquired a new position in shares of Dow Chemical in the second quarter valued at approximately $121,000. Financial Architects Inc grew its position in shares of Dow Chemical by 0.4% in the second quarter. Financial Architects Inc now owns 2,290 shares of the basic materials company’s stock valued at $144,000 after purchasing an additional 10 shares during the last quarter. Finally, MCF Advisors LLC grew its position in shares of Dow Chemical by 49.3% in the second quarter. MCF Advisors LLC now owns 2,331 shares of the basic materials company’s stock valued at $147,000 after purchasing an additional 770 shares during the last quarter. Hedge funds and other institutional investors own 67.77% of the company’s stock.

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A number of equities research analysts recently issued reports on the company. BidaskClub downgraded Dow Chemical from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 10th. Royal Bank Of Canada reissued a “buy” rating and set a $78.00 price target on shares of Dow Chemical in a research report on Wednesday, September 6th. Jefferies Group LLC reissued a “buy” rating on shares of Dow Chemical in a research report on Tuesday, August 29th. Alembic Global Advisors set a $85.00 price target on Dow Chemical and gave the stock a “buy” rating in a research report on Thursday, July 27th. Finally, Cowen and Company reissued a “hold” rating and set a $60.00 price target on shares of Dow Chemical in a research report on Monday, August 28th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $72.02.

Dow Chemical Co (NYSE:DOW) opened at $66.65 on Monday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.32 and a current ratio of 1.93. Dow Chemical Co has a 12 month low of $51.57 and a 12 month high of $67.50.

About Dow Chemical

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

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