Ascent IndustriesACNT
ACNT
About: Ascent Industries Co is engaged in the chemical and metal industry. The group operates into two reportable segments namely the Ascent Tubular Products and the Specialty Chemicals Segment. The Tubular Products segment serves markets through pipe and tube and customers in the appliance, architectural, automotive and commercial transportation, brewery, chemical, petrochemical and other industries. The Specialty Chemicals segment produces specialty products for the pulp and paper, coatings, adhesives, sealants and elastomers (CASE), textile, automotive, household and other industries. It manufactures welded pipe and tube, majorly from stainless steel, duplex, and nickel alloys. The company also produces specialty chemicals and dyes used in various end markets.
Employees: 517
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
133% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 6
75% more capital invested
Capital invested by funds: $21.1M [Q3] → $37M (+$15.9M) [Q4]
54% more call options, than puts
Call options by funds: $103K | Put options by funds: $67K
23% more funds holding
Funds holding: 30 [Q3] → 37 (+7) [Q4]
11.33% more ownership
Funds ownership: 21.49% [Q3] → 32.82% (+11.33%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for ACNT.
Financial journalist opinion
Based on 4 articles about ACNT published over the past 30 days
Neutral
Business Wire
2 days ago
Ascent Industries Sets Fourth Quarter and Full Year 2024 Earnings Conference Call for March 4, 2025, at 5:00 p.m. ET
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrial company focused on the production of specialty chemicals and industrial tubular products, will hold a conference call on Tuesday, March 4, 2025, at 5:00 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2024. The results will be reported in a press release prior to the conference call. Ascent management will host the conferen.
Neutral
Business Wire
3 days ago
Leading the Domestic Manufacturing Renaissance: Ascent Industries to Kick Off SOCMA 2025
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq:ACNT)(“Ascent” or the “Company”), an industrial company focused on the production of specialty chemicals and industrial tubular products, is set to sponsor and exhibit at the 2025 SOCMA (Society of Chemical Manufacturers and Affiliates) Show in Nashville, Tennessee, from February 19–21. As an active member of SOCMA, Ascent has the privilege of kicking off the event at Tuesday evening's Welcome Reception, setting the stage for the.
Neutral
Business Wire
3 days ago
Ascent Announces Board Authorization of Expanded Stock Purchase Program
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) today announced that its Board of Directors authorized an expanded and extended stock repurchase program under which up to 1,000,000 shares, approximately 10% of its outstanding common stock, may be acquired in the open market over the next 24 months at the discretion of management. Bryan Kitchen, President and CEO, said, “Share repurchases are a key part of our capital allocation strategy. The Board's expanded authorizatio.
Neutral
Business Wire
3 weeks ago
Innovating Clean, Simplifying Care: Ascent Industries Launches New HI&I Ingredients Portfolio
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrial company focused on the production of specialty chemicals and industrial tubular products, announced today the launch of its Household, Industrial, and Institutional (HI&I) Cleaning Ingredients Portfolio. The comprehensive range of engineered solutions delivers exceptional cleaning performance while prioritizing sustainability, reflecting Ascent's commitment to “Innovating Clean.
Neutral
Seeking Alpha
3 months ago
Ascent Industries Co. (ACNT) Q3 2024 Earnings Call Transcript
Ascent Industries Co. (NASDAQ:ACNT ) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Cody Cree - Outside IR Advisor Ben Rosenzweig - Executive Chairman of the Board Bryan Kitchen - Chief Executive Officer Ryan Kavalauskas - Chief Financial Officer Conference Call Participants Operator Good afternoon everyone and thank you for participating in today's conference call to discuss Ascent's financial results for the third quarter ended September 30th, 2024. Joining us today are Ascent's Executive Chairman of the Board, Ben Rosenzweig; CEO, Bryan Kitchen; CFO, Ryan Kavalauskas; and the company's outside Investor Relations Adviser, Cody Cree.
Neutral
Business Wire
3 months ago
Ascent Industries Reports Third Quarter 2024 Results
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production of specialty chemicals and industrial tubular products, is reporting its results for the third quarter ended September 30, 2024. Third Quarter 2024 Summary1 (in millions, except per share and margin) Q3 2024 Q3 2023 Change Net Sales $42.9 $46.7 (8.2)% Gross Profit $6.5 $3.0 116.5% Gross Profit Margin 15.1% 6.4% 870bps Net (Loss) $(7.0) $(14.7).
Neutral
Business Wire
3 months ago
Ascent Industries Sets Third Quarter 2024 Earnings Conference Call for November 12, 2024, at 5:00 p.m. ET
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production of specialty chemicals and industrial tubular products, will hold a conference call on Tuesday, November 12, 2024, at 5:00 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2024. The results will be reported in a press release prior to the conference call. Ascent management will host the conference call,.
Positive
Benzinga
5 months ago
Top 3 Materials Stocks That Are Preparing To Pump In Q3
The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies.
Neutral
Business Wire
5 months ago
Ascent Announces New Corporate Office
SCHAUMBURG, Ill.--(BUSINESS WIRE)--Ascent Industries Co. (Nasdaq: ACNT) (“Ascent” or the “Company”), an industrials company focused on the production and distribution of specialty chemicals and industrial tubular products, announced today it has opened its new corporate headquarters in Schaumburg, Illinois, a suburb of Chicago. “This recent investment underscores Ascent's commitment to support the growth of our customers, employees and company,” said J. Bryan Kitchen, Ascent's president & C.
Neutral
Business Wire
5 months ago
National Vision Releases 2023 Sustainability Report
DULUTH, Ga.--(BUSINESS WIRE)--National Vision, Inc., one of the largest optical retail companies in the U.S., released its 2023 Sustainability Report, “A World Worth Seeing.” The report reflects continued progress across its Social, Employees, Environment and Governance (SEE+G) framework. “In 2023, National Vision helped nearly 10 million people see better and live better. Our success as a business is deeply intertwined with our commitment to improving lives through accessible and affordable ey.
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