Klingman & Associates 13F: New $564K Stake in DOW

Klingman & Associates acquired a new position in Dow Inc. (NYSE:DOW), purchasing 20,493 shares valued at approximately $564,378. The investment was revealed in a Form 13F regulatory filing with the Securities and Exchange Commission on October 20, 2026.

DOW Dow Inc.

$30.69 ▲ +30.76% year to date

1M 3M YTD

Daily close · Oct 20, 2026

What Changed in Klingman & Associates's Dow Inc. Position

The firm opened a brand-new stake in the basic materials company during the period, entering the quarter with zero shares and closing it with 20,493 shares. The newly established holding carried a total reported value of $564,378 based on the filing details.

Other Institutional Activity in Dow Inc.

Other large institutional investors adjusted their holdings in the chemical producer around the same reporting periods. Two Sigma Investments, LP grew its holdings by 13,367,968 shares, ending with 17,873,366 shares worth about $548,533,612. AQR Capital Management, LLC grew its holdings by 5,381,310 shares, ending with 15,698,239 shares worth about $481,778,963. Pzena Investment Management LLC reduced its holdings by 6,440,135 shares, ending with 12,507,011 shares worth about $383,840,174. Euro Pacific Asset Management sold out of its entire position, cutting 4,876 shares to end with zero shares valued at $0.

Dow Inc. Stock Up 2.0%

Shares of Dow Inc. recently traded around $30.69 as of October 21, 2026, remaining about equal to the closing price of $30.69 recorded on the filing date of October 20, 2026. The stock sits below its 200-day moving average of $32.34 while trading above its 50-day moving average of $29.60. The chemical maker has traded between a 52-week low of $20.93 and a 52-week high of $42.74.

Recent Earnings

Dow Inc. reported trailing twelve-month revenue of $41,318,998,016 with a negative earnings per share of $1.84. The company generated a net profit margin of -3.1% and a return on equity of -5.5% over the same trailing period. The next quarterly earnings report is scheduled for release on October 22, 2026.

Dividend

Dow Inc. pays an annual dividend rate of $1.40 per share, delivering a dividend yield of 4.56%. The firm's dividend payout ratio currently stands at 700.0%.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. On September 30, 2026, RBC Capital maintained a Sector Perform rating with a target of $29.00. On September 30, 2026, Citigroup downgraded the stock to a Neutral rating and lowered its target to $30.00. On October 1, 2026, Mizuho maintained a Neutral rating with a target of $32.00. On October 13, 2026, Barclays initiated coverage with an Underweight rating and a $30.00 target. On October 19, 2026, B of A Securities upgraded the stock to a Neutral rating and raised its target to $31.00. Analysts overall maintain a consensus hold rating on the stock with a mean price target of $33.41.

About Dow Inc.

Dow Inc. provides materials science solutions for packaging, infrastructure, mobility, and consumer applications across global markets. Operating through segments such as packaging, industrial intermediates, and performance coatings, the company delivers specialized chemical products to manufacturers worldwide.

Bottom Line

Investors will look to the upcoming earnings release on October 22, 2026 for fresh updates on company performance. Institutional filing records offer a look at past portfolio adjustments made by large money managers.