CenterBook Partners LP Has $1.36 Million Stake in AdvanSix $ASIX

CenterBook Partners LP lessened its position in AdvanSix (NYSE:ASIXFree Report) by 44.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 69,923 shares of the company’s stock after selling 54,992 shares during the period. CenterBook Partners LP owned 0.26% of AdvanSix worth $1,355,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of AdvanSix by 0.5% during the third quarter. Vanguard Group Inc. now owns 1,990,011 shares of the company’s stock worth $38,566,000 after purchasing an additional 10,642 shares during the last quarter. American Century Companies Inc. boosted its position in AdvanSix by 7.5% during the 2nd quarter. American Century Companies Inc. now owns 885,644 shares of the company’s stock worth $21,034,000 after buying an additional 61,938 shares during the period. Geode Capital Management LLC grew its holdings in AdvanSix by 1.9% during the 2nd quarter. Geode Capital Management LLC now owns 632,512 shares of the company’s stock worth $15,023,000 after acquiring an additional 11,880 shares during the last quarter. LSV Asset Management grew its holdings in AdvanSix by 4.7% during the 2nd quarter. LSV Asset Management now owns 629,706 shares of the company’s stock worth $14,956,000 after acquiring an additional 28,459 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in AdvanSix by 165.2% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 413,813 shares of the company’s stock valued at $9,828,000 after acquiring an additional 257,789 shares during the period. 86.39% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ASIX has been the topic of a number of recent research reports. Weiss Ratings reiterated a “sell (d+)” rating on shares of AdvanSix in a report on Monday, December 29th. Truist Financial began coverage on AdvanSix in a research report on Thursday, January 15th. They set a “hold” rating and a $19.00 target price for the company. Finally, Wall Street Zen upgraded AdvanSix from a “sell” rating to a “hold” rating in a research report on Saturday. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, AdvanSix presently has an average rating of “Hold” and a consensus price target of $28.67.

View Our Latest Stock Report on ASIX

Key Headlines Impacting AdvanSix

Here are the key news stories impacting AdvanSix this week:

  • Positive Sentiment: Q4 revenue outperformance — AdvanSix reported strong fourth‑quarter sales, with revenue above Street estimates, signaling demand resilience in the businesses. Press Release / Slide Deck
  • Positive Sentiment: $30M annual cost‑savings plan and 2026 FCF target — Management announced a program to shave roughly $30 million of annual costs and is targeting improved free cash flow in 2026, which supports margin recovery and longer‑term cash generation. AdvanSix plans $30M annual cost savings
  • Positive Sentiment: Dividend declared — Company announced a quarterly dividend of $0.16/share (about a 3.4% yield), which may attract income‑oriented investors and support the share base. (Record/ex‑dividend timing disclosed in the release.)
  • Neutral Sentiment: Earnings call materials and transcript available — Management provided slides and a full earnings‑call transcript that give detail on segment performance and actions; useful for investors assessing execution risk and timing of the cost cuts. Earnings Presentation Earnings Call Transcript
  • Negative Sentiment: Mixed/soft profit metrics — Some outlets reported that Q4 profits trailed forecasts or were weaker than hoped even as revenue grew; margins and EPS remain under pressure, which tempers the positive revenue story. MSN: Revenue up, profits trail forecasts
  • Negative Sentiment: Input‑cost headwinds persist — Management cites raw‑material and energy cost pressures that continue to compress near‑term margins; the benefits of cost actions are targeted for 2026 rather than immediate relief. Article on cost headwinds

AdvanSix Trading Up 4.5%

NYSE:ASIX opened at $18.80 on Friday. AdvanSix has a 52 week low of $14.10 and a 52 week high of $31.03. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.74 and a current ratio of 1.36. The firm’s fifty day moving average is $17.43 and its 200-day moving average is $18.27. The firm has a market cap of $505.08 million, a P/E ratio of 9.79 and a beta of 1.72.

AdvanSix Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 23rd. Stockholders of record on Monday, March 9th will be given a $0.16 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.64 annualized dividend and a dividend yield of 3.4%. AdvanSix’s dividend payout ratio (DPR) is 33.33%.

About AdvanSix

(Free Report)

AdvanSix, Inc (NYSE: ASIX) is an integrated chemical manufacturer specializing in the production of nylon 6 intermediates and related co‐products. Established as a publicly traded spin‐off from Honeywell Specialty Chemicals in June 2016, the company is headquartered in Parsippany, New Jersey.

The company’s principal product is caprolactam, the key building block for nylon 6 resin, used in fibers and engineering plastics across industries. In addition to caprolactam and nylon 6 resin, AdvanSix produces ammonium sulfate fertilizer and industrial chemicals such as phenol and acetone.

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Institutional Ownership by Quarter for AdvanSix (NYSE:ASIX)

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