Evercore Wealth Management LLC lowered its position in Dow Chemical Co (NYSE:DOW) by 6.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 32,469 shares of the basic materials company’s stock after selling 2,069 shares during the period. Evercore Wealth Management LLC’s holdings in Dow Chemical were worth $2,048,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Prudential Financial Inc. increased its position in Dow Chemical by 0.4% during the 2nd quarter. Prudential Financial Inc. now owns 1,697,090 shares of the basic materials company’s stock valued at $107,036,000 after buying an additional 6,590 shares in the last quarter. Essex Financial Services Inc. increased its position in Dow Chemical by 6.9% during the 2nd quarter. Essex Financial Services Inc. now owns 7,301 shares of the basic materials company’s stock valued at $460,000 after buying an additional 470 shares in the last quarter. Wexford Capital LP increased its position in Dow Chemical by 23.9% during the 1st quarter. Wexford Capital LP now owns 176,445 shares of the basic materials company’s stock valued at $11,211,000 after buying an additional 34,058 shares in the last quarter. Personal Capital Advisors Corp increased its position in Dow Chemical by 511.5% during the 2nd quarter. Personal Capital Advisors Corp now owns 65,488 shares of the basic materials company’s stock valued at $4,130,000 after buying an additional 54,779 shares in the last quarter. Finally, Primecap Management Co. CA increased its position in Dow Chemical by 12.2% during the 1st quarter. Primecap Management Co. CA now owns 2,157,075 shares of the basic materials company’s stock valued at $137,061,000 after buying an additional 234,375 shares in the last quarter. 67.77% of the stock is owned by hedge funds and other institutional investors.

DOW has been the subject of a number of analyst reports. 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 target price on Dow Chemical and gave the company a “buy” rating in a research note on Thursday, July 27th. BidaskClub upgraded Dow Chemical from a “sell” rating to a “hold” rating in a research note on Wednesday, August 23rd. Jefferies Group LLC reiterated a “buy” rating on shares of Dow Chemical in a research note on Tuesday, August 29th. Finally, Royal Bank Of Canada reiterated a “buy” rating and set a $78.00 target price on shares of Dow Chemical in a research note on Wednesday, September 6th. One analyst has rated the stock with a sell rating, four have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $72.02.

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

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Dow Chemical Profile

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

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