Ashland (ASH)

• Market cap: $2.34B
• 1 day: -0.31%
• 5 days: -3.68%
• 1 month: -4.54%
• 3 months: 4.07%
• 6 months: -10.79%
• Year to date: -26.73%
• 1 year: -41.39%
• 5 years: -29.49%
• 10 years: -2.37%
• Sector: Materials
• Industry: Specialty Chemicals

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. The company generates its sales from North America, Europe, Asia Pacific, and Latin America, and Others.

Employees: 2,960

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

32% more repeat investments, than reductions

Existing positions increased: 139 | Existing positions reduced: 105

5.31% more ownership

Funds ownership: 91.04% [Q1] → 96.34% (+5.31%) [Q2]

7% less funds holding

Funds holding: 366 [Q1] → 342 (-24) [Q2]

13% less capital invested

Capital invested by funds: $2.54B [Q1] → $2.22B (-$325M) [Q2]

22% less call options, than puts

Call options by funds: $6.4M | Put options by funds: $8.2M

28% less first-time investments, than exits

New positions opened: 52 | Existing positions closed: 72

50% less funds holding in top 10

Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]

Research analyst outlook

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

• Low target: $53
• Avg. target: $61
• High target: $65

5 analyst ratings

• positive: 2 40%
• neutral: 3 60%
• negative: 0 0%

Morgan Stanley	$60	Equal-Weight Initiated	8 Sep 2025
BMO Capital John McNulty	$61	Market Perform Maintained	2 Sep 2025
Argus Research Alexandra Yates	$65	Buy Maintained	26 Aug 2025
UBS Joshua Spector	$64	Buy Maintained	7 Aug 2025
Wells Fargo Michael Sison	$53	Equal-Weight Maintained	31 Jul 2025