Dow stock is trading -17.6% below its average target price of $56.42 after dropping -4.9% during today's afternoon 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 71.2% 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 | $3,805,501,709 |
| 2024-06-30 | Blackrock Inc. | 7% | 51,058,523 | $2,373,710,819 |
| 2024-06-30 | State Street Corporation | 5% | 34,503,463 | $1,604,066,052 |
| 2024-06-30 | JP Morgan Chase & Company | 3% | 20,133,734 | $936,017,327 |
| 2024-06-30 | Pzena Investment Management Llc | 3% | 18,865,864 | $877,074,049 |
| 2024-06-30 | Geode Capital Management, LLC | 2% | 16,706,618 | $776,690,698 |
| 2024-06-30 | Morgan Stanley | 2% | 14,470,387 | $672,728,315 |
| 2024-09-30 | Dimensional Fund Advisors LP | 1% | 8,328,680 | $387,200,347 |
| 2024-06-30 | Norges Bank Investment Management | 1% | 8,178,935 | $380,238,701 |
| 2024-06-30 | Capital World Investors | 1% | 7,725,530 | $359,159,902 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Dow.
