Charles Schwab Investment Management Inc. Raises Holdings in Element Solutions Inc (NYSE:ESI)

Charles Schwab Investment Management Inc. boosted its position in shares of Element Solutions Inc (NYSE:ESI - Free Report) by 3.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,168,978 shares of the company's stock after purchasing an additional 65,894 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.90% of Element Solutions worth $50,190,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of ESI. EverSource Wealth Advisors LLC lifted its stake in Element Solutions by 85.6% in the third quarter. EverSource Wealth Advisors LLC now owns 1,318 shares of the company's stock valued at $26,000 after buying an additional 608 shares in the last quarter. SRS Capital Advisors Inc. lifted its stake in Element Solutions by 370.4% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,623 shares of the company's stock valued at $38,000 after buying an additional 1,278 shares in the last quarter. CWM LLC lifted its stake in Element Solutions by 95.9% in the fourth quarter. CWM LLC now owns 1,810 shares of the company's stock valued at $42,000 after buying an additional 886 shares in the last quarter. Signaturefd LLC lifted its stake in Element Solutions by 63.8% in the fourth quarter. Signaturefd LLC now owns 2,849 shares of the company's stock valued at $66,000 after buying an additional 1,110 shares in the last quarter. Finally, Arlington Trust Co LLC bought a new position in Element Solutions in the fourth quarter valued at approximately $141,000. Institutional investors and hedge funds own 92.32% of the company's stock.

Element Solutions Stock Up 0.3 %

ESI traded up $0.08 during trading on Friday, reaching $23.80. 1,270,220 shares of the stock were exchanged, compared to its average volume of 1,364,100. Element Solutions Inc has a twelve month low of $17.57 and a twelve month high of $25.81. The stock has a market cap of $5.76 billion, a P/E ratio of 44.07, a price-to-earnings-growth ratio of 1.85 and a beta of 1.32. The stock's 50 day moving average price is $24.25 and its two-hundred day moving average price is $22.77. The company has a debt-to-equity ratio of 0.82, a quick ratio of 2.69 and a current ratio of 3.63.

Element Solutions (NYSE:ESI - Get Free Report) last released its quarterly earnings data on Monday, April 29th. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.32 by $0.02. Element Solutions had a net margin of 5.62% and a return on equity of 13.96%. The firm had revenue of $575.00 million for the quarter, compared to the consensus estimate of $588.17 million. During the same period in the previous year, the company earned $0.30 earnings per share. The company's quarterly revenue was up .1% on a year-over-year basis. Equities analysts expect that Element Solutions Inc will post 1.39 EPS for the current year.

Analyst Ratings Changes

ESI has been the topic of a number of research reports. Barclays lifted their price target on shares of Element Solutions from $25.00 to $26.00 and gave the company an "overweight" rating in a research note on Monday, February 26th. Mizuho boosted their price objective on shares of Element Solutions from $26.00 to $28.00 and gave the stock a "buy" rating in a research report on Tuesday, April 30th. TheStreet raised shares of Element Solutions from a "c+" rating to a "b" rating in a research report on Tuesday, February 20th. StockNews.com lowered shares of Element Solutions from a "buy" rating to a "hold" rating in a research report on Saturday. Finally, Wolfe Research began coverage on shares of Element Solutions in a research report on Friday, March 1st. They issued a "peer perform" rating on the stock. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $26.00.

Element Solutions Profile

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.