Dow stock is trading -14.98% below its average target price of $56.53 after dropping -1.9% during today's morning session. Analysts are giving the Large-Cap Chemicals company an average rating of hold and target prices ranging from $51.0 to $65.0 per share.
The stock has an average amount of shares sold short at 2.4%, and a short ratio of 3.76. The company's insiders own 0.19% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 70.8% of Dow's shares being owned by this investor type.
Institutions Invested in Dow
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-06-30 | Vanguard Group Inc | 12% | 81,856,347 | $3,934,016,149 |
| 2024-06-30 | Blackrock Inc. | 7% | 51,058,523 | $2,453,872,685 |
| 2024-06-30 | State Street Corporation | 5% | 34,503,463 | $1,658,236,479 |
| 2024-06-30 | JP Morgan Chase & Company | 3% | 20,133,734 | $967,627,283 |
| 2024-06-30 | Pzena Investment Management Llc | 3% | 18,865,864 | $906,693,449 |
| 2024-06-30 | Geode Capital Management, LLC | 2% | 16,706,618 | $802,920,084 |
| 2024-06-30 | Morgan Stanley | 2% | 14,470,387 | $695,446,819 |
| 2024-06-30 | Dimensional Fund Advisors LP | 1% | 8,551,274 | $410,974,240 |
| 2024-06-30 | Norges Bank Investment Management | 1% | 8,178,935 | $393,079,627 |
| 2024-06-30 | Capital World Investors | 1% | 7,725,530 | $371,288,982 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Dow.
