Moran Wealth Management LLC cut its stake in Innospec Inc. (NASDAQ:IOSP – Free Report) by 35.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,031 shares of the specialty chemicals company’s stock after selling 15,004 shares during the period. Moran Wealth Management LLC’s holdings in Innospec were worth $1,974,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. SG Americas Securities LLC boosted its stake in Innospec by 291.0% during the fourth quarter. SG Americas Securities LLC now owns 75,814 shares of the specialty chemicals company’s stock worth $5,803,000 after buying an additional 56,425 shares in the last quarter. Medina Value Partners LLC acquired a new position in shares of Innospec in the 3rd quarter valued at $18,206,000. Numerai GP LLC raised its stake in shares of Innospec by 29.7% in the 3rd quarter. Numerai GP LLC now owns 81,541 shares of the specialty chemicals company’s stock valued at $6,292,000 after buying an additional 18,649 shares in the last quarter. CM Management LLC lifted its holdings in shares of Innospec by 66.7% during the 4th quarter. CM Management LLC now owns 20,000 shares of the specialty chemicals company’s stock worth $1,531,000 after acquiring an additional 8,000 shares during the period. Finally, Assenagon Asset Management S.A. lifted its holdings in shares of Innospec by 37.7% during the 4th quarter. Assenagon Asset Management S.A. now owns 178,204 shares of the specialty chemicals company’s stock worth $13,640,000 after acquiring an additional 48,807 shares during the period. 96.64% of the stock is currently owned by institutional investors and hedge funds.
Innospec Price Performance
Innospec stock opened at $83.10 on Monday. The firm has a market capitalization of $2.05 billion, a P/E ratio of 18.10, a P/E/G ratio of 2.31 and a beta of 0.93. The stock has a fifty day moving average price of $80.80 and a two-hundred day moving average price of $78.65. Innospec Inc. has a 52-week low of $65.51 and a 52-week high of $92.14.
Innospec Announces Dividend
The company also recently declared a dividend, which was paid on Friday, May 29th. Investors of record on Tuesday, May 19th were issued a dividend of $0.92 per share. This represents a yield of 239.0%. The ex-dividend date of this dividend was Tuesday, May 19th. Innospec’s dividend payout ratio (DPR) is currently 40.09%.
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on IOSP. Zacks Research upgraded shares of Innospec from a “strong sell” rating to a “hold” rating in a research report on Friday, April 24th. Wall Street Zen cut shares of Innospec from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Finally, Weiss Ratings raised Innospec from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Innospec currently has a consensus rating of “Hold”.
Get Our Latest Stock Analysis on Innospec
Innospec Profile
Innospec Incorporated (NASDAQ: IOSP) is a global specialty chemicals company headquartered in Cleveland, Ohio. The company operates through three principal business segments: Fuel Specialties, Oilfield Services, and Performance Chemicals. In the Fuel Specialties segment, Innospec develops and supplies additives designed to enhance octane levels, improve combustion efficiency, reduce emissions and prevent deposit formation in gasoline and diesel engines. Its Oilfield Services division provides chemical technologies—such as surfactants, corrosion inhibitors and demulsifiers—to support exploration, drilling, production optimization and enhanced oil recovery operations.
See Also
- Five stocks we like better than Innospec
- Visa’s Open USD Push Puts Circle’s Stablecoin Moat Under Pressure
- This Under-the-Radar Industrial Is Quietly Powering AI
- Why Microsoft Looks Like the Best Big Tech Trade for H2 2026
- Strategy’s Bitcoin Pivot Gives Investors a New Reason to Watch Preferred Shares
Want to see what other hedge funds are holding IOSP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Innospec Inc. (NASDAQ:IOSP – Free Report).
Receive News & Ratings for Innospec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Innospec and related companies with MarketBeat.com's FREE daily email newsletter.
