Dow, Inc. (DOW)

Dow Inc.'s stock price has declined by 50.49% over the past six months. The company reported a Q2 loss of $0.42 per share and a 7.3% decrease in net sales, leading to a 17.45% stock price decline. Despite missing revenue estimates in Q3, an earnings beat resulted in a positive stock reaction. The company also announced plans for $400 million in cost savings in 2025 and $1 billion by 2026.

Demand for Dow Inc.'s products exhibits seasonality, particularly impacting its Performance Materials & Coatings and Industrial Intermediates & Infrastructure segments. Normal seasonal patterns in building and construction end markets typically act as a headwind for these segments, leading to seasonally lower demand in the fourth quarter. Conversely, the fourth quarter can see sequential tailwinds from higher demand for deicing fluids. The company anticipates seasonal weakness in building and construction end markets for Industrial Intermediates & Infrastructure and higher planned maintenance activity in Performance Materials & Coatings in the fourth quarter.

Dow, Inc. is a global materials science company based in Midland, Michigan, operating in the chemicals sector. It focuses on sustainable solutions and is structured into three segments: Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials & Coatings. The company produces polyethylene, elastomers, and packaging resins, along with polyurethanes, glycol ethers, solvents, acrylics, silicones, and coatings additives for various industries.

Dow, Inc. has a significant global presence with operations in approximately 31 to 160 countries, including manufacturing sites, R&D facilities, and sales offices. Its global headquarters are in Midland, Michigan, with key hubs in Horgen, Switzerland; Shanghai, China; Freeport, Texas; and Terneuzen, Netherlands. This network supports manufacturing, R&D, sales, supply chain management, and customer service.

Dow Inc. has maintained a strong brand reputation, earning recognition as one of FORTUNE's World's Most Admired Companies for the third consecutive year in 2024. Dow achieved a top score in LGBTQ+ equality on the Human Rights Campaign Foundation's Corporate Equality Index in December 2023 and marked its 23rd year on the Dow Jones Sustainability World Index.

Dow Inc.'s ownership is a mix of institutional, retail, and individual investors. Institutional investors hold a significant portion of the stock, ranging from approximately 45.40% to 64% of shares. Insiders own about 0.24% of the stock, while public companies and individual investors hold approximately 38% to 54.36%.