Notable Reporting: Is Buying Dow Chemical Co Here a Winning Strategy?

Notable Reporting: Is Buying Dow Chemical Co Here a Winning Strategy?

The stock of Dow Chemical Co (NYSE:DOW) is a huge mover today! About 3.84 million shares traded hands. Dow Chemical Co (NYSE:DOW) has risen 6.62% since February 29, 2016 and is uptrending. It has underperformed by 5.59% the S&P500.
The move comes after 5 months positive chart setup for the $59.61B company. It was reported on Oct, 3 by We have $67.06 PT which if reached, will make NYSE:DOW worth $16.09B more.

Analysts await Dow Chemical Co (NYSE:DOW) to report earnings on October, 27 before the open. They expect $0.77 earnings per share, down 6.10% or $0.05 from last year’s $0.82 per share. DOW’s profit will be $869.31 million for 17.14 P/E if the $0.77 EPS becomes a reality. After $0.95 actual earnings per share reported by Dow Chemical Co for the previous quarter, Wall Street now forecasts -18.95% negative EPS growth.

Dow Chemical Co (NYSE:DOW) Ratings Coverage

Out of 13 analysts covering The Dow Chemical Company (NYSE:DOW), 6 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 46% are positive. The Dow Chemical Company has been the topic of 31 analyst reports since August 20, 2015 according to StockzIntelligence Inc. The firm earned “Positive” rating on Monday, February 8 by Susquehanna. Barclays Capital initiated Dow Chemical Co (NYSE:DOW) on Wednesday, November 4 with “Equal-Weight” rating. The firm earned “Underperform” rating on Wednesday, July 6 by CLSA. The firm earned “Outperform” rating on Friday, April 29 by RBC Capital Markets. The company was maintained on Monday, December 14 by Jefferies. The firm earned “Hold” rating on Friday, September 4 by Piper Jaffray. The stock has “Hold” rating given by Jefferies on Monday, May 2. The stock of Dow Chemical Co (NYSE:DOW) earned “Buy” rating by Zacks on Friday, August 14. Deutsche Bank maintained Dow Chemical Co (NYSE:DOW) on Friday, October 23 with “Buy” rating. S&P Research downgraded the shares of DOW in a report on Friday, October 23 to “Hold” rating.

According to Zacks Investment Research, “Dow Chemical Company is a science and technology company that provides innovative chemical, plastic and agricultural products and services to many essential consumer markets. Dow serves customers in countries across the globe and a wide range of markets that are vital to human progress, including food, transportation, health and medicine, personal and home care, and building and construction, among others. Committed to the principles of sustainable development, Dow seeks to balance economic, environmental and social responsibilities. (Company Press Release)”

Insitutional Activity: The institutional sentiment decreased to 1.16 in Q2 2016. Its down 0.09, from 1.25 in 2016Q1. The ratio worsened, as 60 funds sold all Dow Chemical Co shares owned while 354 reduced positions. 70 funds bought stakes while 410 increased positions. They now own 734.11 million shares or 6.94% less from 788.82 million shares in 2016Q1.
First Quadrant Limited Partnership Ca accumulated 4,400 shares or 0% of the stock. Fukoku Mutual Life Ins Co holds 0.07% of its portfolio in Dow Chemical Co (NYSE:DOW) for 6,820 shares. Duff And Phelps Investment Management holds 14,520 shares or 0.01% of its portfolio. Oz Ltd Partnership has 962,127 shares for 0.28% of their US portfolio. Harvey Ltd Liability Com holds 0.05% or 4,865 shares in its portfolio. Gateway Inv Advisers Limited Liability Company holds 0.39% or 915,135 shares in its portfolio. Ubs Asset Americas accumulated 0.27% or 4.80M shares. Janney Montgomery Scott Lc has 553,527 shares for 0.44% of their US portfolio. Moreover, Pittenger And Anderson Inc has 0.43% invested in Dow Chemical Co (NYSE:DOW) for 78,857 shares. Crestpoint Ltd Liability Corporation reported 21,100 shares or 0.56% of all its holdings. Loudon Invest Mgmt Limited Liability has 107,380 shares for 4.26% of their US portfolio. First Comml Bank Sioux Falls has 0.05% invested in the company for 314 shares. Blb&B Advsr Ltd Liability Corp has invested 0.09% of its portfolio in Dow Chemical Co (NYSE:DOW). Green Square Capital Lc reported 78,457 shares or 0.96% of all its holdings. Fulton Comml Bank Na holds 0.05% or 9,452 shares in its portfolio.

More recent Dow Chemical Co (NYSE:DOW) news were published by: which released: “EU Restarts Anti-Competition Probe of Dow Chemical-DuPont Merger” on October 03, 2016. Also published the news titled: “Ex-Dividend Reminder: Dow Chemical, Agrium and Yamana Gold” on September 26, 2016.‘s news article titled: “A Peek Into The Markets: U.S. Stock Futures Flat Ahead Of Economic Data” with publication date: October 03, 2016 was also an interesting one.

DOW Company Profile

The Dow Chemical Company (Dow), incorporated June 11, 1947, is a maker and supplier of products used primarily as raw materials in the manufacture of customer services and products across the world. The Firm operates in five divisions: Agricultural Sciences, Consumer Solutions, Infrastructure Solutions, Performance Materials & Chemicals, and Performance Plastics. The Firm serves various industries, such as appliance, automotive, agricultural, building and construction, chemical processing, electronics, furniture, housewares, gas and oil, packaging, paints, coatings and adhesives, personal care, pharmaceutical, processed foods, pulp and paper, textile and carpet, utilities and water treatment.

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