ASH Ashland Global Holdings Inc

Harbor Capital Advisors significantly reduced its stake in Ashland Inc. (NYSE:ASH) by 72.6% in the third quarter, selling 127,603 shares and now owning 48,233 shares valued at approximately $2.31 million. Other institutional investors showed mixed activity, with some increasing their positions while Harbor Capital Advisors notably decreased its holding. Ashland's stock has a market cap of $2.71B, a negative P/E of -3.23, and pays a quarterly dividend of $0.415.

BMO Capital Markets upgraded Ashland (ASH) to Outperform, citing operational improvements and potential activist investor involvement to sharpen management execution. Despite a recent net loss and goodwill impairment, the upgrade suggests that Ashland's reshaped specialty chemicals portfolio and cost savings could overcome earnings volatility. The article highlights investor focus on whether these initiatives can offset slower revenue growth and rebuild confidence, given ongoing demand softness in key markets.

Wells Fargo & Company increased its price target for Ashland (NYSE:ASH) from $51.00 to $60.00, maintaining an "equal weight" rating, which suggests a potential upside of 1.21% from its current price. Despite mixed analyst coverage, Ashland holds a consensus "Hold" rating with an average price target of $63.75, however, the company faces profitability challenges with a negative P/E ratio and net margin. Institutional investors appear to be active, with several hedge funds increasing their stakes in the basic materials company.

New options contracts for Ashland Inc (ASH) for the February 2026 expiration have started trading. BNK Invest's YieldBoost formula has identified a put contract at a $55.00 strike and a call contract at a $65.00 strike, offering potential strategies for investors looking to buy or sell ASH shares. These options provide opportunities for premium collection and specific return profiles depending on the stock's future performance.

Mizuho has increased its price target for Ashland (NYSE:ASH) to $70.00 from $60.00, maintaining an "outperform" rating, which suggests a potential 17.37% upside. Analyst opinions vary, with BMO also upgrading Ashland to "outperform" with a $71 target, while other firms have cut ratings or targets, leading to a MarketBeat consensus of "Hold" with an average target of $62.63. Ashland's stock currently trades at $59.64, with institutional ownership nearing 93.95%.

Standard Investments has disclosed a 9.9% stake in Ashland Inc., a specialty chemicals company. This announcement led to a gain in Ashland's stock.