Stock events for Advansix, Inc. (ASIX)
In the past six months, Advansix's stock was impacted by its financial performance and strategic announcements. The company reported a wider-than-expected loss in Q1 2026, attributed to compressed gross margins and increased costs, leading to a share decline. Despite the loss, Advansix is evaluating the expansion of its ammonia platform and declared a quarterly dividend. BlackRock, Inc. disclosed a 7.1% passive stake in Advansix. The stock has traded between $14.10 and $26.73 over the past year and has not experienced significant price volatility in the past three months.
Demand Seasonality affecting Advansix, Inc.’s stock price
Demand seasonality for Advansix's products primarily affects its ammonium sulfate fertilizer. Sales fluctuate quarterly based on growing seasons in North and South America. Demand and pricing are typically strongest during the second-quarter fertilizer application season and decline seasonally in the third quarter. Sales of most of Advansix's other products generally experience minimal or no seasonality.
Overview of Advansix, Inc.’s business
Advansix, Inc. is an American chemical company in the Basic Materials sector, specializing in specialty chemicals. Spun off from Honeywell International in 2016, it is headquartered in Parsippany, New Jersey. Advansix innovates and delivers essential products for various end markets, including automotive, building and construction, packaging, agriculture, paints and coatings, adhesives, electronics, and fertilizers. Its major products include Nylon 6 Resins (Aegis brand), Caprolactam, Ammonium Sulfate Fertilizers (Sulf-N brand), and Chemical Intermediates.
ASIX’s Geographic footprint
Advansix operates five U.S.-based manufacturing facilities. It serves approximately 400 customers across roughly 50 countries globally, with the majority of its revenue generated from the United States.
ASIX Corporate Image Assessment
Advansix is a "Responsible Care® company" focused on safety and sustainable solutions. The company's SUSTAIN program supports sustainability objectives. Advansix is evaluating an expansion of its ammonia platform to produce Diesel Exhaust Fluid (DEF). In the past, the company's Hopewell plant was investigated by federal agents due to air emissions, and Advansix ceased production of biaxially-oriented nylon film in Pottsville, Pennsylvania, resulting in layoffs.
Ownership
The ownership structure of Advansix stock includes institutional, retail, and individual investors. Approximately 42.63% of the company's stock is owned by Institutional Investors, 4.20% by Insiders, and 53.16% by Public Companies and Individual Investors. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, and Dimensional Fund Advisors Lp. In the past 12 months, there have been insider sell transactions totaling approximately $74,966, with no insider buying reported.
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