Vanguard Group Inc. Has $95.67 Million Stock Position in Ecovyst Inc. $ECVT

Vanguard Group Inc. raised its position in shares of Ecovyst Inc. (NYSE:ECVT) by 2.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 10,921,217 shares of the company’s stock after purchasing an additional 267,695 shares during the quarter. Vanguard Group Inc. owned approximately 0.10% of Ecovyst worth $95,670,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ECVT. State of Alaska Department of Revenue bought a new stake in shares of Ecovyst in the 3rd quarter valued at $48,000. Parkside Financial Bank & Trust raised its stake in Ecovyst by 1,769.9% during the second quarter. Parkside Financial Bank & Trust now owns 6,152 shares of the company’s stock worth $51,000 after buying an additional 5,823 shares during the last quarter. CWM LLC lifted its holdings in Ecovyst by 45.9% in the third quarter. CWM LLC now owns 8,678 shares of the company’s stock valued at $76,000 after buying an additional 2,732 shares during the period. Jefferies Financial Group Inc. bought a new stake in Ecovyst during the second quarter valued at $101,000. Finally, Praxis Investment Management Inc. bought a new stake in Ecovyst during the third quarter valued at $107,000. Institutional investors and hedge funds own 86.69% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft dropped their price objective on Ecovyst from $14.00 to $11.00 and set a “buy” rating on the stock in a research note on Friday, November 28th. BWS Financial lifted their target price on Ecovyst from $12.00 to $16.00 and gave the stock a “buy” rating in a report on Monday. Weiss Ratings restated a “sell (d)” rating on shares of Ecovyst in a report on Wednesday, January 21st. Wall Street Zen upgraded shares of Ecovyst from a “hold” rating to a “buy” rating in a research note on Monday. Finally, Citigroup increased their target price on shares of Ecovyst from $12.00 to $13.00 and gave the stock a “neutral” rating in a research note on Monday. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Ecovyst has a consensus rating of “Moderate Buy” and an average price target of $13.60.

Ecovyst Trading Down 1.6%

NYSE ECVT opened at $11.32 on Friday. Ecovyst Inc. has a 52 week low of $5.24 and a 52 week high of $12.33. The business has a 50 day moving average price of $10.90 and a 200-day moving average price of $9.52. The company has a quick ratio of 2.07, a current ratio of 2.64 and a debt-to-equity ratio of 0.65. The company has a market cap of $1.25 billion, a price-to-earnings ratio of -18.26, a P/E/G ratio of 1.48 and a beta of 1.17.

Ecovyst (NYSE:ECVT) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.07. Ecovyst had a negative net margin of 9.27% and a positive return on equity of 9.39%. The business had revenue of $199.43 million during the quarter, compared to analyst estimates of $184.85 million. During the same quarter in the previous year, the business posted $0.28 EPS. Ecovyst’s quarterly revenue was up 33.9% on a year-over-year basis. Ecovyst has set its FY 2026 guidance at 0.450-0.650 EPS. As a group, equities analysts expect that Ecovyst Inc. will post 0.44 earnings per share for the current fiscal year.

Ecovyst Company Profile

Ecovyst Inc is a global specialty chemicals company that develops, manufactures and markets performance-enhancing products for industrial applications. The company’s core offerings include catalysts, phosphorus-based additives and barium carbonate materials, all designed to improve process efficiency, product quality and environmental performance. Ecovyst serves a diverse customer base in the energy, refining, chemical, polymer, food and consumer goods industries.

The company’s Catalysts segment supplies fluid catalytic cracking (FCC) and hydroprocessing catalysts that help petroleum refiners maximize fuel yield, reduce sulfur emissions and meet increasingly stringent environmental standards.