IHT Wealth Management LLC reduced its stake in Dow Chemical Co (NYSE:DOW) by 2.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,488 shares of the basic materials company’s stock after selling 112 shares during the period. IHT Wealth Management LLC’s holdings in Dow Chemical were worth $189,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of DOW. Vanguard Group Inc. grew its holdings in shares of Dow Chemical by 3.4% during the second quarter. Vanguard Group Inc. now owns 83,932,612 shares of the basic materials company’s stock worth $5,293,630,000 after purchasing an additional 2,741,153 shares during the last quarter. BlackRock Inc. grew its holdings in shares of Dow Chemical by 3.8% during the second quarter. BlackRock Inc. now owns 83,423,778 shares of the basic materials company’s stock worth $5,261,538,000 after purchasing an additional 3,075,321 shares during the last quarter. Capital World Investors grew its holdings in shares of Dow Chemical by 1.2% during the second quarter. Capital World Investors now owns 22,742,382 shares of the basic materials company’s stock worth $1,434,362,000 after purchasing an additional 275,695 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Dow Chemical by 0.7% during the second quarter. Bank of New York Mellon Corp now owns 16,655,781 shares of the basic materials company’s stock worth $1,050,480,000 after buying an additional 114,858 shares during the period. Finally, Third Point LLC boosted its stake in shares of Dow Chemical by 1.9% during the second quarter. Third Point LLC now owns 16,000,000 shares of the basic materials company’s stock worth $1,009,120,000 after buying an additional 300,000 shares during the period. 67.77% of the stock is currently owned by hedge funds and other institutional investors.

Dow Chemical Co (DOW) opened at $66.65 on Friday. 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.

DOW has been the subject of several recent research reports. Cowen reiterated a “hold” rating and set a $60.00 target price on shares of Dow Chemical in a research note on Monday, August 28th. BidaskClub upgraded shares of Dow Chemical from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Jefferies Group restated a “buy” rating on shares of Dow Chemical in a research report on Tuesday, August 29th. Finally, Royal Bank Of Canada restated a “buy” rating and issued a $78.00 price objective on shares of Dow Chemical in a research report on Wednesday, September 6th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. Dow Chemical currently has a consensus rating of “Buy” and an average price target of $72.02.

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Dow Chemical Profile

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

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