Element Solutions (NYSE:ESI) Price Target Lowered to $28.00 at KeyCorp

Element Solutions (NYSE:ESI - Free Report) had its price objective decreased by KeyCorp from $29.00 to $28.00 in a research report sent to investors on Monday morning,Benzinga reports. KeyCorp currently has an overweight rating on the stock. KeyCorp also issued estimates for Element Solutions' Q2 2025 earnings at $0.34 EPS, Q3 2025 earnings at $0.37 EPS, Q4 2025 earnings at $0.35 EPS, FY2025 earnings at $1.40 EPS and FY2026 earnings at $1.62 EPS.

A number of other analysts also recently weighed in on the stock. BMO Capital Markets raised their price target on shares of Element Solutions from $32.00 to $34.00 and gave the stock an "outperform" rating in a research report on Monday, December 16th. StockNews.com lowered shares of Element Solutions from a "buy" rating to a "hold" rating in a report on Tuesday, March 4th. Barclays cut their target price on shares of Element Solutions from $32.00 to $30.00 and set an "overweight" rating on the stock in a research note on Monday, January 27th. Truist Financial upgraded Element Solutions from a "hold" rating to a "buy" rating and decreased their price target for the stock from $28.00 to $24.00 in a research note on Monday, April 14th. Finally, Bank of America reaffirmed a "neutral" rating and set a $28.00 target price (down previously from $32.00) on shares of Element Solutions in a report on Tuesday, January 14th. Two analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $27.88.

Element Solutions Stock Up 1.8 %

Shares of ESI traded up $0.34 during mid-day trading on Monday, reaching $18.94. 2,563,301 shares of the stock traded hands, compared to its average volume of 1,842,303. The firm has a market cap of $4.59 billion, a price-to-earnings ratio of 18.56, a P/E/G ratio of 2.30 and a beta of 1.28. The stock has a fifty day simple moving average of $23.51 and a 200 day simple moving average of $25.52. The company has a quick ratio of 2.77, a current ratio of 3.34 and a debt-to-equity ratio of 0.76. Element Solutions has a 12-month low of $16.77 and a 12-month high of $29.78.

Element Solutions (NYSE:ESI - Get Free Report) last announced its earnings results on Tuesday, February 18th. The company reported $0.35 earnings per share for the quarter, meeting the consensus estimate of $0.35. Element Solutions had a return on equity of 14.68% and a net margin of 9.94%. The company had revenue of $624.20 million during the quarter, compared to the consensus estimate of $598.24 million. Sell-side analysts expect that Element Solutions will post 1.45 EPS for the current fiscal year.

Element Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.08 per share. The ex-dividend date was Monday, March 3rd. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.69%. Element Solutions's dividend payout ratio (DPR) is presently 31.37%.

Insider Buying and Selling

In other Element Solutions news, Director Martin E. Franklin sold 2,000,000 shares of the business's stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $26.10, for a total transaction of $52,200,000.00. Following the completion of the transaction, the director now owns 109,100 shares in the company, valued at approximately $2,847,510. The trade was a 94.83 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 7.90% of the company's stock.

Hedge Funds Weigh In On Element Solutions

Hedge funds have recently modified their holdings of the company. Integrated Wealth Concepts LLC lifted its holdings in Element Solutions by 1.8% in the 4th quarter. Integrated Wealth Concepts LLC now owns 23,979 shares of the company's stock valued at $610,000 after acquiring an additional 423 shares during the last quarter. Avantax Advisory Services Inc. increased its holdings in shares of Element Solutions by 4.0% in the fourth quarter. Avantax Advisory Services Inc. now owns 11,297 shares of the company's stock valued at $287,000 after buying an additional 430 shares in the last quarter. Arizona State Retirement System lifted its position in shares of Element Solutions by 0.8% during the 4th quarter. Arizona State Retirement System now owns 66,761 shares of the company's stock valued at $1,698,000 after acquiring an additional 545 shares during the last quarter. Equitable Trust Co. boosted its stake in shares of Element Solutions by 1.7% during the 4th quarter. Equitable Trust Co. now owns 34,103 shares of the company's stock worth $867,000 after acquiring an additional 576 shares in the last quarter. Finally, Treasurer of the State of North Carolina grew its holdings in shares of Element Solutions by 0.6% in the 4th quarter. Treasurer of the State of North Carolina now owns 98,398 shares of the company's stock worth $2,502,000 after acquiring an additional 610 shares during the last quarter. 92.32% of the stock is currently owned by institutional investors and hedge funds.

About Element Solutions

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.