Oppenheimer Asset Management Inc. grew its position in Dow Chemical Co (NYSE:DOW) by 1.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,360 shares of the basic materials company’s stock after buying an additional 310 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Dow Chemical were worth $1,474,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Financial Architects Inc grew its stake in shares of Dow Chemical by 0.4% in the 2nd 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. Mascoma Wealth Management LLC boosted its position in shares of Dow Chemical by 0.4% during the 2nd quarter. Mascoma Wealth Management LLC now owns 3,513 shares of the basic materials company’s stock worth $222,000 after purchasing an additional 14 shares during the period. Capital Management Corp VA boosted its position in shares of Dow Chemical by 0.3% during the 2nd quarter. Capital Management Corp VA now owns 4,505 shares of the basic materials company’s stock worth $284,000 after purchasing an additional 14 shares during the period. Guardian Life Insurance Co. of America boosted its position in shares of Dow Chemical by 0.3% during the 1st quarter. Guardian Life Insurance Co. of America now owns 4,312 shares of the basic materials company’s stock worth $274,000 after purchasing an additional 15 shares during the period. Finally, Mark Sheptoff Financial Planning LLC boosted its position in shares of Dow Chemical by 0.3% during the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 5,033 shares of the basic materials company’s stock worth $317,000 after purchasing an additional 16 shares during the period. 67.77% of the stock is owned by institutional investors and hedge funds.

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Shares of Dow Chemical Co (DOW) opened at 66.65 on Tuesday. The firm has a market capitalization of $81.54 billion, a price-to-earnings ratio of 28.54 and a beta of 1.13. Dow Chemical Co has a one year low of $51.57 and a one year high of $67.50. The stock has a 50 day moving average of $64.79 and a 200-day moving average of $63.46.

A number of equities analysts recently weighed in on DOW shares. Cowen and Company reaffirmed a “hold” rating and set a $60.00 price objective on shares of Dow Chemical in a research report on Monday, August 28th. Alembic Global Advisors set a $85.00 price objective on shares of Dow Chemical and gave the stock a “buy” rating in a research report on Thursday, July 27th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $76.00 price objective on shares of Dow Chemical in a research report on Thursday, July 6th. BidaskClub raised shares of Dow Chemical from a “sell” rating to a “hold” rating in a research report on Wednesday, August 23rd. Finally, Jefferies Group LLC reaffirmed a “buy” rating on shares of Dow Chemical in a research report on Tuesday, August 29th. One research analyst has rated the stock with a sell rating, four have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Dow Chemical has a consensus rating of “Buy” and a consensus target price of $72.02.

About Dow Chemical

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

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