Wall Street Zen upgraded shares of AdvanSix (NYSE:ASIX – Free Report) from a sell rating to a hold rating in a report released on Saturday.
Several other equities analysts have also issued reports on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of AdvanSix in a report on Monday, December 29th. Truist Financial started coverage on AdvanSix in a research note on Thursday, January 15th. They set a “hold” rating and a $19.00 target price on the stock. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $28.67.
Check Out Our Latest Stock Analysis on ASIX
AdvanSix Stock Performance
AdvanSix (NYSE:ASIX – Get Free Report) last released its quarterly earnings results on Friday, February 20th. The company reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.09. The business had revenue of $359.95 million for the quarter, compared to analysts’ expectations of $340.85 million. AdvanSix had a net margin of 3.52% and a return on equity of 7.14%. Research analysts expect that AdvanSix will post 4 EPS for the current fiscal year.
AdvanSix Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, March 23rd. Shareholders of record on Monday, March 9th will be given a dividend of $0.16 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.64 dividend on an annualized basis and a yield of 3.4%. AdvanSix’s payout ratio is currently 33.33%.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of ASIX. Aegis Financial Corp acquired a new position in AdvanSix in the 4th quarter worth approximately $20,927,000. Millennium Management LLC purchased a new stake in shares of AdvanSix in the 4th quarter valued at $11,479,000. Alliancebernstein L.P. boosted its holdings in shares of AdvanSix by 55.3% in the 3rd quarter. Alliancebernstein L.P. now owns 948,491 shares of the company’s stock valued at $18,382,000 after acquiring an additional 337,908 shares during the last quarter. Invenomic Capital Management LP acquired a new stake in shares of AdvanSix in the third quarter worth $6,054,000. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of AdvanSix by 165.2% during the second quarter. Arrowstreet Capital Limited Partnership now owns 413,813 shares of the company’s stock worth $9,828,000 after purchasing an additional 257,789 shares during the last quarter. 86.39% of the stock is currently owned by hedge funds and other institutional investors.
AdvanSix News Summary
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 Company Profile
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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