UBS Group AG Boosts Holdings in Ecovyst Inc. $ECVT

UBS Group AG grew its position in Ecovyst Inc. (NYSE:ECVTFree Report) by 222.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 282,370 shares of the company’s stock after buying an additional 194,915 shares during the period. UBS Group AG owned 0.25% of Ecovyst worth $2,747,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Allianz Asset Management GmbH grew its stake in shares of Ecovyst by 242.5% in the 3rd quarter. Allianz Asset Management GmbH now owns 319,726 shares of the company’s stock valued at $2,801,000 after buying an additional 226,386 shares during the period. Clearline Capital LP purchased a new stake in shares of Ecovyst in the 3rd quarter valued at approximately $1,473,000. Mangrove Partners IM LLC grew its stake in shares of Ecovyst by 20.6% in the 3rd quarter. Mangrove Partners IM LLC now owns 5,474,057 shares of the company’s stock valued at $47,953,000 after buying an additional 935,647 shares during the period. Simcoe Capital Management LLC purchased a new stake in shares of Ecovyst in the 3rd quarter valued at approximately $6,725,000. Finally, Invenomic Capital Management LP purchased a new stake in shares of Ecovyst in the 3rd quarter valued at approximately $16,729,000. Hedge funds and other institutional investors own 86.69% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on ECVT shares. Wall Street Zen raised shares of Ecovyst from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 18th. Citigroup increased their price objective on shares of Ecovyst from $15.00 to $16.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. KeyCorp increased their price objective on shares of Ecovyst from $11.00 to $14.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Finally, BWS Financial raised their price target on Ecovyst from $12.00 to $16.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $14.20.

Check Out Our Latest Stock Analysis on Ecovyst

Ecovyst Price Performance

ECVT opened at $13.81 on Tuesday. The stock’s 50-day moving average price is $13.51 and its 200 day moving average price is $11.31. Ecovyst Inc. has a 12-month low of $7.21 and a 12-month high of $15.09. The company has a current ratio of 2.38, a quick ratio of 2.13 and a debt-to-equity ratio of 0.68. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of -25.11, a PEG ratio of 1.83 and a beta of 1.12.

Ecovyst (NYSE:ECVTGet Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.04. The firm had revenue of $214.95 million for the quarter, compared to analyst estimates of $191.07 million. Ecovyst had a positive return on equity of 11.58% and a negative net margin of 7.71%.Ecovyst’s revenue was up 50.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.01 EPS. Ecovyst has set its FY 2026 guidance at 0.500-0.650 EPS. As a group, sell-side analysts expect that Ecovyst Inc. will post 0.51 earnings per share for the current year.

About Ecovyst

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Ecovyst (NYSE:ECVT)

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