Ashland (ASH) reported fiscal third-quarter 2026 sales of $497 million, up 7% from $463 million in the prior-year quarter. Net income was $16 million, or $0.35 per diluted share, compared with a net loss of $742 million a year earlier.
The company reaffirmed full-year fiscal 2026 sales guidance of $1.835 billion to $1.870 billion and adjusted EBITDA guidance of $385 million to $400 million.
- Income from continuing operations was $41 million, or $0.89 per diluted share.
- Sales volumes rose 6% from the prior-year quarter, with gains across all business units.
- Cash flows provided by operating activities were $121 million, up from $114 million a year earlier.
- Life Sciences sales rose 11% to $180 million, while Personal Care sales increased 5% to $155 million.
- Specialty Additives sales increased 4% to $136 million, and Intermediates sales rose 12% to $37 million.
$ASH Hedge Fund Activity
We have seen 149 institutional investors add shares of $ASH stock to their portfolio, and 140 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO removed 1,437,157 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $79,920,300
- FRONTIER CAPITAL MANAGEMENT CO LLC added 487,400 shares (+34.2%) to their portfolio in Q1 2026, for an estimated $27,104,314
- CITADEL ADVISORS LLC added 447,317 shares (+244.5%) to their portfolio in Q1 2026, for an estimated $24,875,298
- BOSTON PARTNERS added 349,457 shares (+621.4%) to their portfolio in Q1 2026, for an estimated $19,433,303
- TORONTO DOMINION BANK removed 268,775 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $14,946,577
- DIMENSIONAL FUND ADVISORS LP added 267,741 shares (+12.0%) to their portfolio in Q1 2026, for an estimated $14,889,077
- MILLENNIUM MANAGEMENT LLC removed 257,004 shares (-55.4%) from their portfolio in Q1 2026, for an estimated $14,291,992
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
