AshlandASH
Market Cap: $4.15B
About: Ashland Inc is a world-wide specialty materials company that serves a wide range of industrial markets. The company has a business-centric operating model and is organized into four distinct segments: life sciences, personal care, specialty additives, and intermediates. Key customers for the firm include pharmaceutical companies and manufacturers of personal care products, food and beverages, and nutraceuticals and supplements. The life sciences segment derives maximum revenue. Ashland includes only U.S. and Canada in its North America designation and includes Europe, the Middle East and Africa in its Europe designation.
Employees: 3,800
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
33% more funds holding in top 10
Funds holding in top 10: 6 [Q1] → 8 (+2) [Q2]
30% more call options, than puts
Call options by funds: $5.14M | Put options by funds: $3.94M
14% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 42
11% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 118
2% more funds holding
Funds holding: 369 [Q1] → 375 (+6) [Q2]
2.11% less ownership
Funds ownership: 93.41% [Q1] → 91.29% (-2.11%) [Q2]
5% less capital invested
Capital invested by funds: $4.56B [Q1] → $4.31B (-$246M) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
UBS Joshua Spector 46% 1-year accuracy 17 / 37 met price target | 26%upside $107 | Buy Maintained | 15 Aug 2024 |
BMO Capital John McNulty 63% 1-year accuracy 24 / 38 met price target | 8%upside $92 | Market Perform Maintained | 9 Aug 2024 |
Wells Fargo Michael Sison 44% 1-year accuracy 14 / 32 met price target | 18%upside $100 | Overweight Maintained | 8 Aug 2024 |
JP Morgan Jeffrey Zekauskas 76% 1-year accuracy 25 / 33 met price target | 5%upside $89 | Neutral Upgraded | 8 Aug 2024 |
Financial journalist opinion
Based on 6 articles about ASH published over the past 30 days