Element Solutions (NYSE:ESI) Price Target Lowered to $25.00 at UBS Group

Element Solutions ( NYSE:ESI – Get Free Report ) had its price target cut by analysts at UBS Group from $31.00 to $25.00 in a research report issued to clients and investors on Tuesday, Benzinga reports.

The firm presently has a “buy” rating on the stock. UBS Group’s price objective would suggest a potential upside of 34.26% from the stock’s current price.



A number of other equities analysts also recently weighed in on the company. BMO Capital Markets boosted their target price on Element Solutions from $32.00 to $34.

00 and gave the stock an “outperform” rating in a research note on Monday, December 16th. Barclays reduced their target price on shares of Element Solutions from $32.00 to $30.

00 and set an “overweight” rating for the company in a research report on Monday, January 27th. StockNews.com cut shares of Element Solutions from a “buy” rating to a “hold” rating in a research note on Tuesday, March 4th.

KeyCorp reduced their price objective on shares of Element Solutions from $29.00 to $28.00 and set an “overweight” rating for the company in a research note on Monday.

Finally, Truist Financial upgraded shares of Element Solutions from a “hold” rating to a “buy” rating and lowered their target price for the stock from $28.00 to $24.00 in a research note on Monday.

Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $27.88.

Check Out Our Latest Stock Report on ESI Element Solutions Trading Down 0.7 % Element Solutions ( NYSE:ESI – Get Free Report ) last posted its earnings results on Tuesday, February 18th. The company reported $0.

35 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.35. Element Solutions had a net margin of 9.

94% and a return on equity of 14.68%. The firm had revenue of $624.

20 million during the quarter, compared to analyst estimates of $598.24 million. On average, sell-side analysts anticipate that Element Solutions will post 1.

45 earnings per share for the current fiscal year. Insider Activity at Element Solutions In other Element Solutions news, Director Martin E. Franklin sold 2,000,000 shares of the stock in a transaction that occurred on Wednesday, March 19th.

The shares were sold at an average price of $26.10, for a total transaction of $52,200,000.00.

Following the transaction, the director now directly owns 109,100 shares in the company, valued at $2,847,510. This trade represents a 94.83 % decrease in their ownership of the stock.

The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink . 7.90% of the stock is owned by insiders.

Institutional Investors Weigh In On Element Solutions Institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its position in Element Solutions by 1.

1% during the 4th quarter. Vanguard Group Inc. now owns 22,244,795 shares of the company’s stock worth $565,685,000 after acquiring an additional 249,280 shares during the last quarter.

Vaughan Nelson Investment Management L.P. grew its holdings in shares of Element Solutions by 4.

2% in the fourth quarter. Vaughan Nelson Investment Management L.P.

now owns 5,209,130 shares of the company’s stock worth $132,468,000 after purchasing an additional 209,441 shares during the last quarter. Silvercrest Asset Management Group LLC increased its stake in shares of Element Solutions by 3.0% in the fourth quarter.

Silvercrest Asset Management Group LLC now owns 5,026,543 shares of the company’s stock worth $127,825,000 after buying an additional 146,570 shares during the period. Geode Capital Management LLC raised its holdings in Element Solutions by 0.4% during the 4th quarter.

Geode Capital Management LLC now owns 3,555,852 shares of the company’s stock valued at $90,456,000 after buying an additional 14,339 shares during the last quarter. Finally, Locust Wood Capital Advisers LLC boosted its position in Element Solutions by 11.4% during the 4th quarter.

Locust Wood Capital Advisers LLC now owns 3,174,466 shares of the company’s stock valued at $80,727,000 after buying an additional 325,297 shares during the period. Hedge funds and other institutional investors own 92.32% of the company’s stock.

About Element Solutions ( Get Free Report ) Element Solutions Inc operates as a specialty chemicals company in the United States, China, and internationally. The company operates in two segments, Electronics, and Industrial & Specialty. The Electronics segment researches, formulates, and sells specialty chemicals and materials for various types of electronics hardware products.

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