MAR 16·MarketBeat▲
Invenomic Capital Management LP Buys New Stake in AdvanSix $ASIX
Invenomic Capital Management LP has acquired a new stake in AdvanSix ($ASIX), purchasing 312,371 shares valued at approximately $6.05 million. This adds to the existing 86.39% institutional ownership of the company. AdvanSix recently surpassed earnings expectations, reporting EPS of $0.03 against an anticipated -$0.06, and declared a quarterly dividend of $0.16.
FEB 23·Investing.com India→
Truist raises AdvanSix stock price target to $20 on cost cuts
Truist Securities has increased its price target for AdvanSix (NYSE:ASIX) shares to $20 from $19, while maintaining a Hold rating. The firm notes that while input cost inflation, particularly for sulfur, is a near-term challenge affecting gross profit margins, AdvanSix's efforts to rationalize costs and capital spending are expected to support positive free cash flow in 2026. This adjustment follows the company's Q4 2025 earnings report, which missed analyst expectations for EPS and revenue, though the stock still saw an increase in pre-market trading.