State Street Corp. Amends DOW INC. Stake Filing
Ticker: DOW · Form: SC 13G/A · Filed: Jan 30, 2024 · CIK: 1751788
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**State Street Corp. updated its DOW INC. ownership, confirming its passive stake.**
AI Summary
State Street Corporation, a major financial institution, filed an amended SC 13G/A on January 30, 2024, indicating its ownership of DOW INC. common stock as of December 31, 2023. This filing is an update to their previous disclosures, confirming their continued passive investment in Dow Inc. For investors, this means a significant institutional holder maintains its position, which can signal stability but doesn't suggest any active changes in Dow's management or strategy.
Why It Matters
This filing confirms State Street Corporation's continued passive ownership in DOW INC., providing transparency on institutional holdings but not signaling any new strategic moves.
Risk Assessment
Risk Level: low — This filing is a routine update from a passive institutional investor and does not indicate any immediate risks or changes to DOW INC.'s operations.
Analyst Insight
An investor should note that State Street Corporation continues to hold a passive stake in DOW INC. This filing is routine and doesn't suggest any immediate need for action, but it's a data point for understanding institutional ownership structure.
Key Players & Entities
- STATE STREET CORPORATION (company) — the reporting person filing the SC 13G/A
- DOW INC. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 30, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'AMENDED FILING' in the document.
Who is the reporting person in this filing?
The reporting person is STATE STREET CORPORATION, as stated under 'NAME OF REPORTING PERSON: STATE STREET CORPORATION' and 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: STATE STREET CORP'.
What is the subject company whose securities are being reported?
The subject company is DOW INC., as indicated by 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DOW INC.' and 'DOW INC (NAME OF ISSUER)'.
What is the CUSIP number for the securities reported?
The CUSIP number for the common stock of DOW INC. is 260557103, as listed under 'CUSIP NUMBER: 260557103'.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as stated under '12/31/2023 (DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 30, 2024 regarding DOW INC. (DOW).