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Standard Investments LLC increased its stake in Ashland Inc by 17.19% to 2,625,000 shares, representing 6.46% of its portfolio. Ashland Inc is a specialty materials company with a market capitalization of $2.66 billion and a modestly undervalued stock price of $58.28. Despite negative revenue growth over the past three years, the company serves a broad range of markets, leveraging its expertise in specialty materials. Other notable investors include Joel Greenblatt, Jefferies Group, and Mario Gabelli.

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