Element Solutions (ESI)

• Market cap: $6.12B
• 1 day: -0.12%
• 5 days: -6.85%
• 1 month: -8.73%
• 3 months: -1.25%
• 6 months: -7.40%
• Year to date: 10.87%
• 1 year: 11.56%
• 5 years: 117.64%
• 10 years: 10.48%
• Sector: Materials
• Industry: Miscellaneous Chemical Products

About: Element Solutions Inc is a specialty chemicals company whose businesses supply a broad range of solutions that enhance the performance of products people use every day. The company has two segments which are Electronics and Industrial & Specialty. The Industrial & Specialty segment which generates majority of the revenue, includes chemical systems that protect and decorate metal and plastic surfaces; consumable chemicals that enable printing image transfer on flexible packaging materials; and chemistries used in water-based hydraulic control fluids in offshore energy production. Electronics segment researches, formulates and sells specialty chemicals and process technologies for all types of electronics hardware, from complex printed circuit board designs to semiconductor packaging.

Employees: 5,300

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

48% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 31

38% more repeat investments, than reductions

Existing positions increased: 145 | Existing positions reduced: 105

5% more funds holding

Funds holding: 317 [Q2] → 332 (+15) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 5 [Q2] → 5 (+0) [Q3]

2% less capital invested

Capital invested by funds: $6.12B [Q2] → $6B (-$114M) [Q3]

1.89% less ownership

Funds ownership: 93.17% [Q2] → 91.28% (-1.89%) [Q3]

85% less call options, than puts

Call options by funds: $4.13M | Put options by funds: $26.8M

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $32 27% upside
• Avg. target: $33 30% upside
• High target: $34 34% upside

3 analyst ratings

• positive: 3 100%
• neutral: 0 0%
• negative: 0 0%

BMO Capital Bhavesh Lodaya 11% 1-year accuracy 1 / 9 met price target	34% upside $34	Outperform Maintained	16 Dec 2024
Barclays Michael Leithead 37% 1-year accuracy 7 / 19 met price target	27% upside $32	Overweight Maintained	30 Oct 2024
Seaport Global Michael Harrison 71% 1-year accuracy 5 / 7 met price target	30% upside $33	Buy Initiated	14 Oct 2024