Hantz Financial Services Inc. lessened its position in shares of Ashland Inc. (NYSE:ASH – Free Report) by 7.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 182,284 shares of the basic materials company’s stock after selling 13,796 shares during the period. Hantz Financial Services Inc. owned approximately 0.40% of Ashland worth $8,733,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also made changes to their positions in ASH. Callan Family Office LLC bought a new position in Ashland in the third quarter valued at approximately $202,000. State of Wyoming acquired a new stake in shares of Ashland in the 3rd quarter valued at $57,000. Oak Harbor Wealth Partners LLC increased its stake in shares of Ashland by 50.6% in the 3rd quarter. Oak Harbor Wealth Partners LLC now owns 15,569 shares of the basic materials company’s stock valued at $746,000 after purchasing an additional 5,229 shares during the last quarter. Transcend Capital Advisors LLC acquired a new position in shares of Ashland during the 3rd quarter worth $278,000. Finally, Thrivent Financial for Lutherans lifted its position in shares of Ashland by 250.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 53,638 shares of the basic materials company’s stock worth $2,570,000 after buying an additional 38,320 shares during the last quarter. Institutional investors and hedge funds own 93.95% of the company’s stock.
Ashland Price Performance
ASH stock opened at $64.54 on Thursday. The company has a market capitalization of $2.95 billion, a P/E ratio of -4.27, a PEG ratio of 1.03 and a beta of 0.43. The company has a fifty day moving average price of $60.28 and a 200-day moving average price of $54.41. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.51 and a current ratio of 3.15. Ashland Inc. has a 52-week low of $45.21 and a 52-week high of $67.39.
Ashland Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Sunday, March 15th. Investors of record on Sunday, March 1st will be paid a $0.415 dividend. This represents a $1.66 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, February 27th. Ashland’s payout ratio is currently -9.05%.
Ashland News Summary
Here are the key news stories impacting Ashland this week:
- Positive Sentiment: Q1 results: Ashland reported an EPS beat (Q1 EPS $0.26 vs. $0.23 est.), with a narrowed loss year-over-year — the earnings beat is helping sentiment. Zacks: ASH Q1 Earnings Beat
- Positive Sentiment: Analyst support: BMO (covered via TipRanks) reaffirmed a Buy rating, citing stabilizing fundamentals, portfolio streamlining and potential activist upside — this underpins investor confidence. TipRanks: BMO Maintains Buy
- Neutral Sentiment: Earnings call details: The Q1 2026 earnings call transcript is available for deeper color on guidance, demand trends and divestiture impacts — useful for active investors doing due diligence. Seeking Alpha: Q1 2026 Transcript
- Neutral Sentiment: Local unrelated headlines (unlikely to move ASH stock): community stories about a Walk for Peace visit, a family-owned coffee shop opening, a dinosaur exhibit, and local weather in towns named Ashland. These are regional items not tied to Ashland Inc.’s operations. WTVR: Walk for Peace Columbia Missourian: Coffee Shop 1011now: Dinosaur Exhibit Yahoo: Weather
- Negative Sentiment: Price target cut: JPMorgan lowered its price target on ASH from $77 to $70 (still “overweight”), which can temper upside expectations despite retains a positive rating. Benzinga: JPMorgan Lowers PT
- Negative Sentiment: Revenue weakness and divestiture impact: Quarterly sales missed estimates and fell roughly 4–5% year-over-year, partly due to the Avoca divestiture and softer end-market demand — a near-term headwind for top-line growth. Zacks: Sales Miss / Avoca Divestiture
Analysts Set New Price Targets
A number of research analysts have issued reports on the company. UBS Group reiterated a “buy” rating and issued a $73.00 target price on shares of Ashland in a research report on Wednesday. Wells Fargo & Company upped their price objective on shares of Ashland from $51.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Friday, December 19th. Argus raised their target price on shares of Ashland from $65.00 to $70.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Mizuho upped their price target on shares of Ashland from $60.00 to $70.00 and gave the stock an “outperform” rating in a report on Thursday, December 18th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $70.00 price target on shares of Ashland in a research note on Wednesday. Six investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $66.33.
Check Out Our Latest Analysis on ASH
Ashland Company Profile
Ashland Inc is a global specialty chemicals company that develops, manufactures and supplies a broad range of performance and process-critical additives, ingredients and technologies. Its portfolio spans performance additives for coatings, adhesives and sealants; specialty ingredients for personal care and pharmaceutical applications; and process aids used in water treatment and other industrial processes. Ashland aims to address customer challenges by delivering tailored solutions that improve product performance, processing efficiency and sustainability outcomes.
Founded in 1924 as the Ashland Oil & Refining Company, the firm gradually expanded into the specialty chemicals sector over the second half of the 20th century.
Further Reading
- Five stocks we like better than Ashland
- The day the gold market broke
- Buy this Gold Stock Before May 2026
- Forget AI, This Will Be the Next Big Tech Breakthrough
- Trump Planning to Use Public Law 63-43: Prepare Now
- What a Former CIA Agent Knows About the Coming Collapse
Want to see what other hedge funds are holding ASH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ashland Inc. (NYSE:ASH – Free Report).
Receive News & Ratings for Ashland Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ashland and related companies with MarketBeat.com's FREE daily email newsletter.
