Ardsley Advisory Partners purchased a new position in shares of Dow Chemical Co (NYSE:DOW) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 100,000 shares of the basic materials company’s stock, valued at approximately $6,308,000.

Other hedge funds have also made changes to their positions in the company. First Command Bank lifted its holdings in shares of 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 lifted its holdings 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 buying an additional 480 shares during the period. BDO Wealth Advisors LLC acquired a new stake in shares of Dow Chemical in the second quarter valued at $121,000. Financial Architects Inc lifted its holdings 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 buying an additional 10 shares during the period. Finally, MCF Advisors LLC lifted its holdings 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 buying an additional 770 shares during the period. Institutional investors own 67.77% of the company’s stock.

Several analysts have recently weighed in on DOW shares. Cowen restated a “hold” rating and issued a $60.00 price objective on shares of Dow Chemical in a report on Monday, August 28th. Jefferies Group restated a “buy” rating on shares of Dow Chemical in a report on Tuesday, August 29th. BidaskClub upgraded Dow Chemical from a “sell” rating to a “hold” rating in a report on Wednesday, August 23rd. Finally, Royal Bank Of Canada restated a “buy” rating and issued a $78.00 price objective on shares of Dow Chemical in a report on Wednesday, September 6th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. Dow Chemical presently has an average rating of “Buy” and a consensus target price of $72.02.

Shares of Dow Chemical Co (NYSE 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 52-week low of $51.57 and a 52-week high of $67.50.

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Dow Chemical Company Profile

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

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