Ashland Inc. (ASH) reported first-quarter 2026 revenue of $386 million, down 4.7% year‑over‑year. Gross profit was $105 million, a 5.4% decline. The company recorded an operating loss of -$6 million and a net loss attributable to common shareholders of -$12 million. Diluted earnings per share came in at -$0.26.
On the cash-flow and balance-sheet side, operating cash flow was $109 million, while purchases of property, plant and equipment totaled -$14 million. Cash and cash equivalents rose to $304 million, and total liabilities were about $2.64 billion.
Cost of sales for the quarter was $281 million. Shares of Ashland Inc. (ASH) traded down about 4.67% since market close.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Ashland Inc. Hedge Fund Activity
We have seen 153 institutional investors add shares of Ashland Inc. stock to their portfolio, and 198 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AMERICAN CENTURY COMPANIES INC added 1,000,006 shares (+807.8%) to their portfolio in Q3 2025, for an estimated $47,910,287
- CITADEL ADVISORS LLC added 424,724 shares (+2727.0%) to their portfolio in Q3 2025, for an estimated $20,348,526
- FRONTIER CAPITAL MANAGEMENT CO LLC added 423,297 shares (+inf%) to their portfolio in Q3 2025, for an estimated $20,280,159
- BLACKROCK, INC. removed 269,369 shares (-5.9%) from their portfolio in Q3 2025, for an estimated $12,905,468
- POINT72 EUROPE (LONDON) LLP removed 234,617 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $11,240,500
- JEFFERIES FINANCIAL GROUP INC. added 217,006 shares (+inf%) to their portfolio in Q3 2025, for an estimated $10,396,757
- AQR CAPITAL MANAGEMENT LLC removed 198,248 shares (-5.7%) from their portfolio in Q3 2025, for an estimated $9,498,061
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Ashland Inc. Analyst Ratings
Wall Street analysts have issued reports on $ASH in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- UBS issued a "Buy" rating on 01/12/2026
- Argus Research issued a "Buy" rating on 01/12/2026
- BMO Capital issued a "Outperform" rating on 12/15/2025
- Mizuho issued a "Outperform" rating on 11/17/2025
To track analyst ratings and price targets for Ashland Inc., check out Quiver Quantitative's $ASH forecast page.
Ashland Inc. Price Targets
Multiple analysts have issued price targets for $ASH recently. We have seen 7 analysts offer price targets for $ASH in the last 6 months, with a median target of $70.0.
Here are some recent targets:
- Alexandra Yates from Argus Research set a target price of $70.0 on 01/12/2026
- Joshua Spector from UBS set a target price of $70.0 on 01/12/2026
- Michael Sison from Wells Fargo set a target price of $60.0 on 12/19/2025
- John Roberts from Mizuho set a target price of $70.0 on 12/18/2025
- John McNulty from BMO Capital set a target price of $71.0 on 12/15/2025
- Stephen Richardson from Evercore ISI Group set a target price of $53.0 on 11/11/2025
- An analyst from Morgan Stanley set a target price of $60.0 on 09/08/2025
