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JPMorgan Chase & Co. Has $102.48 Million Stock Holdings in Element Solutions Inc. $ESI
JPMorgan Chase & Co. has significantly increased its stake in Element Solutions Inc. (NYSE:ESI) by 16.0% to 4,071,434 shares, valued at approximately $102.48 million. This comes as multiple analysts have raised price targets and ratings, with the company holding a consensus “Buy” rating and a target price of $34.50. Element Solutions also reported strong quarterly earnings, beating estimates with $0.37 EPS on $676.2 million revenue and declared a quarterly dividend of $0.08 per share.