Element Solutions Falls as Solstice Merger Termination Removes Takeover Premium

Element Solutions Inc. (ESI) is down 6.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is the mutual termination of Element Solutions’ planned sale to Solstice Advanced Materials, which appears to have removed the takeover premium that had been supporting the stock since the deal was announced in July. The decline also suggests investors are resetting the shares toward a standalone valuation, even though Element Solutions had recently posted strong operating results.

Details:

Element Solutions and Solstice disclosed on August 27, 2026 that they agreed to terminate their merger agreement, ending the previously announced cash-and-stock acquisition.

The original July 6 transaction valued Element Solutions at about $14.5 billion and offered holders 0.5 shares of Solstice stock plus $10.00 in cash for each Element Solutions share.

Solstice said the decision followed shareholder feedback and added that no termination fees are payable by either side, removing the near-term deal path for Element Solutions investors.

Before the deal collapse, Element Solutions had reported record second-quarter 2026 results, including net sales of $978 million and adjusted EBITDA of $184 million, with higher full-year adjusted EBITDA guidance.

Sources:

SEC, Element Solutions, Solstice Advanced Materials

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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$ESI Hedge Fund Activity

We have seen 275 institutional investors add shares of $ESI stock to their portfolio, and 237 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 5,873,809 shares (+235.2%) to their portfolio in Q2 2026, for an estimated $280,474,379
INVESCO LTD. added 3,641,668 shares (+40.5%) to their portfolio in Q2 2026, for an estimated $173,889,647
FMR LLC removed 3,200,796 shares (-15.5%) from their portfolio in Q2 2026, for an estimated $152,838,009
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 2,525,054 shares (+inf%) to their portfolio in Q2 2026, for an estimated $120,571,328
JPMORGAN CHASE & CO added 2,316,494 shares (+inf%) to their portfolio in Q2 2026, for an estimated $110,612,588
NEUBERGER BERMAN GROUP LLC removed 2,189,476 shares (-27.5%) from their portfolio in Q2 2026, for an estimated $104,547,479
FRANKLIN RESOURCES INC added 1,894,447 shares (+5529.5%) to their portfolio in Q2 2026, for an estimated $90,459,844

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.

$ESI Price Targets

Multiple analysts have issued price targets for $ESI recently. We have seen 6 analysts offer price targets for $ESI in the last 6 months, with a median target of $49.0.

Here are some recent targets:

Peter Osterland from Truist Securities set a target price of $48.0 on 07/09/2026
Bhavesh Lodaya from BMO Capital set a target price of $50.0 on 07/06/2026
John Roberts from Mizuho set a target price of $54.0 on 07/01/2026
Keith Mackey from RBC Capital set a target price of $4.25 on 05/11/2026
Joshua Spector from UBS set a target price of $52.0 on 04/30/2026
David Silver from Freedom Capital Markets set a target price of $41.0 on 03/27/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.