Bristol Gate Capital Partners Inc. Has $29.40 Million Stake in Dow Chemical Co (DOW)

Bristol Gate Capital Partners Inc. lifted its stake in Dow Chemical Co (NYSE:DOW) by 1.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 466,088 shares of the basic materials company’s stock after buying an additional 4,409 shares during the period. Dow Chemical makes up 4.5% of Bristol Gate Capital Partners Inc.’s portfolio, making the stock its 16th biggest position. Bristol Gate Capital Partners Inc.’s holdings in Dow Chemical were worth $29,396,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Jennison Associates LLC boosted its position in shares of Dow Chemical by 2.4% in the second quarter. Jennison Associates LLC now owns 2,547,535 shares of the basic materials company’s stock worth $160,673,000 after buying an additional 60,092 shares during the period. BB&T Securities LLC boosted its position in shares of Dow Chemical by 7.2% in the second quarter. BB&T Securities LLC now owns 238,374 shares of the basic materials company’s stock worth $15,035,000 after buying an additional 16,112 shares during the period. Nippon Life Insurance Co. boosted its position in shares of Dow Chemical by 9.1% in the second quarter. Nippon Life Insurance Co. now owns 59,527 shares of the basic materials company’s stock worth $3,754,000 after buying an additional 4,945 shares during the period. Blair William & Co. IL boosted its position in shares of Dow Chemical by 1.8% in the second quarter. Blair William & Co. IL now owns 225,817 shares of the basic materials company’s stock worth $14,242,000 after buying an additional 3,920 shares during the period. Finally, Pegasus Partners Ltd. boosted its position in shares of Dow Chemical by 96.1% in the second quarter. Pegasus Partners Ltd. now owns 33,611 shares of the basic materials company’s stock worth $2,120,000 after buying an additional 16,473 shares during the period. 67.77% of the stock is owned by institutional investors.

TRADEMARK VIOLATION WARNING: This report was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this report on another site, it was stolen and reposted in violation of US and international trademark & copyright law. The legal version of this report can be accessed at https://ledgergazette.com/2017/10/17/bristol-gate-capital-partners-inc-has-29-40-million-stake-in-dow-chemical-co-dow.html.

Dow Chemical Co (NYSE DOW) opened at 66.65 on Tuesday. The company has a 50-day moving average price of $64.79 and a 200-day moving average price of $63.46. The stock has a market cap of $81.54 billion, a P/E 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.

Dow Chemical (NYSE:DOW) last issued its quarterly earnings results on Thursday, July 27th. The basic materials company reported $1.08 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.01 by $0.07. The company had revenue of $13.83 billion for the quarter, compared to the consensus estimate of $13.60 billion. Dow Chemical had a return on equity of 19.01% and a net margin of 9.82%. The firm’s revenue was up 15.7% compared to the same quarter last year. During the same period last year, the business posted $0.95 earnings per share. On average, analysts anticipate that Dow Chemical Co will post $4.11 earnings per share for the current year.

Several brokerages have recently weighed in on DOW. BidaskClub raised Dow Chemical from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Jefferies Group LLC reaffirmed a “buy” rating on shares of Dow Chemical in a research report on Tuesday, August 29th. Zacks Investment Research downgraded Dow Chemical from a “

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Jennison Associates LLC boosted its position in shares of Dow Chemical by 2.4% in the second quarter. Jennison Associates LLC now owns 2,547,535 shares of the basic materials company’s stock worth $160,673,000 after buying an additional 60,092 shares during the period. BB&T Securities LLC boosted its position in shares of Dow Chemical by 7.2% in the second quarter. BB&T Securities LLC now owns 238,374 shares of the basic materials company’s stock worth $15,035,000 after buying an additional 16,112 shares during the period. Nippon Life Insurance Co. boosted its position in shares of Dow Chemical by 9.1% in the second quarter. Nippon Life Insurance Co. now owns 59,527 shares of the basic materials company’s stock worth $3,754,000 after buying an additional 4,945 shares during the period. Blair William & Co. IL boosted its position in shares of Dow Chemical by 1.8% in the second quarter. Blair William & Co. IL now owns 225,817 shares of the basic materials company’s stock worth $14,242,000 after buying an additional 3,920 shares during the period. Finally, Pegasus Partners Ltd. boosted its position in shares of Dow Chemical by 96.1% in the second quarter. Pegasus Partners Ltd. now owns 33,611 shares of the basic materials company’s stock worth $2,120,000 after buying an additional 16,473 shares during the period. 67.77% of the stock is owned by institutional investors.

TRADEMARK VIOLATION WARNING: This report was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this report on another site, it was stolen and reposted in violation of US and international trademark & copyright law. The legal version of this report can be accessed at https://ledgergazette.com/2017/10/17/bristol-gate-capital-partners-inc-has-29-40-million-stake-in-dow-chemical-co-dow.html.

Dow Chemical Co (NYSE DOW) opened at 66.65 on Tuesday. The company has a 50-day moving average price of $64.79 and a 200-day moving average price of $63.46. The stock has a market cap of $81.54 billion, a P/E 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.

Dow Chemical (NYSE:DOW) last issued its quarterly earnings results on Thursday, July 27th. The basic materials company reported $1.08 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.01 by $0.07. The company had revenue of $13.83 billion for the quarter, compared to the consensus estimate of $13.60 billion. Dow Chemical had a return on equity of 19.01% and a net margin of 9.82%. The firm’s revenue was up 15.7% compared to the same quarter last year. During the same period last year, the business posted $0.95 earnings per share. On average, analysts anticipate that Dow Chemical Co will post $4.11 earnings per share for the current year.

Several brokerages have recently weighed in on DOW. BidaskClub raised Dow Chemical from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th. Jefferies Group LLC reaffirmed a “buy” rating on shares of Dow Chemical in a research report on Tuesday, August 29th. Zacks Investment Research downgraded Dow Chemical from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $78.00 target price on shares of Dow Chemical in a research report on Wednesday, September 6th. Finally, Cowen and Company reaffirmed a “hold” rating and issued a $60.00 target price on shares of Dow Chemical in a research report on Friday, July 14th. One investment 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’s stock. Dow Chemical currently has an average rating of “Buy” and an average target price of $72.02.

Dow Chemical Profile

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

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