Seaport Res Ptn Issues Optimistic Estimate for ESI Earnings

Element Solutions Inc. (NYSE:ESI - Free Report) - Seaport Res Ptn lifted their Q2 2025 earnings estimates for Element Solutions in a report issued on Monday, July 7th. Seaport Res Ptn analyst M. Harrison now anticipates that the company will post earnings per share of $0.37 for the quarter, up from their prior forecast of $0.33. The consensus estimate for Element Solutions' current full-year earnings is $1.45 per share. Seaport Res Ptn also issued estimates for Element Solutions' FY2025 earnings at $1.48 EPS, Q2 2026 earnings at $0.42 EPS and FY2026 earnings at $1.68 EPS.

Element Solutions (NYSE:ESI - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.33 by $0.01. The business had revenue of $593.70 million for the quarter, compared to analyst estimates of $576.73 million. Element Solutions had a net margin of 11.56% and a return on equity of 14.42%. The company's revenue for the quarter was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.34 earnings per share.

Several other brokerages have also commented on ESI. Bank of America raised shares of Element Solutions from a "neutral" rating to a "buy" rating and lowered their price objective for the stock from $29.00 to $24.00 in a research report on Tuesday, April 15th. BMO Capital Markets lowered their price objective on shares of Element Solutions from $34.00 to $30.00 and set an "outperform" rating on the stock in a research report on Friday, April 25th. Truist Financial upgraded shares of Element Solutions from a "hold" rating to a "buy" rating and reduced their target price for the stock from $28.00 to $24.00 in a research note on Monday, April 14th. Mizuho lifted their target price on shares of Element Solutions from $23.00 to $24.00 and gave the stock an "outperform" rating in a research note on Friday, June 13th. Finally, KeyCorp reduced their target price 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, April 14th. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Element Solutions presently has an average rating of "Moderate Buy" and an average price target of $26.25.

Element Solutions Stock Performance

ESI stock traded down $0.40 during mid-day trading on Wednesday, hitting $24.70. The company had a trading volume of 2,254,052 shares, compared to its average volume of 2,039,404. The firm has a market cap of $5.99 billion, a PE ratio of 20.76, a price-to-earnings-growth ratio of 1.99 and a beta of 1.23. The company has a debt-to-equity ratio of 0.64, a quick ratio of 3.16 and a current ratio of 3.95. Element Solutions has a 12 month low of $16.77 and a 12 month high of $29.78. The stock's fifty day moving average price is $22.23 and its two-hundred day moving average price is $23.30.

Hedge Funds Weigh In On Element Solutions

Several hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in Element Solutions by 12.1% during the first quarter. Vanguard Group Inc. now owns 24,932,851 shares of the company's stock valued at $563,732,000 after acquiring an additional 2,688,056 shares in the last quarter. Gates Capital Management Inc. grew its stake in Element Solutions by 101.9% during the first quarter. Gates Capital Management Inc. now owns 5,424,745 shares of the company's stock valued at $122,653,000 after acquiring an additional 2,738,250 shares in the last quarter. Silvercrest Asset Management Group LLC grew its stake in Element Solutions by 3.0% during the fourth quarter. Silvercrest Asset Management Group LLC now owns 5,026,543 shares of the company's stock valued at $127,825,000 after acquiring an additional 146,570 shares in the last quarter. Locust Wood Capital Advisers LLC grew its stake in Element Solutions by 15.9% during the first quarter. Locust Wood Capital Advisers LLC now owns 3,680,449 shares of the company's stock valued at $83,215,000 after acquiring an additional 505,983 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in Element Solutions by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 3,555,852 shares of the company's stock valued at $90,456,000 after acquiring an additional 14,339 shares in the last quarter. Hedge funds and other institutional investors own 92.32% of the company's stock.

Element Solutions Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Monday, June 2nd were paid a dividend of $0.08 per share. The ex-dividend date was Monday, June 2nd. This represents a $0.32 annualized dividend and a yield of 1.30%. Element Solutions's dividend payout ratio is currently 26.89%.

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.