LSV Asset Management Sells 181,800 Shares of Ecovyst Inc. $ECVT

LSV Asset Management lessened its position in Ecovyst Inc. (NYSE:ECVT) by 55.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 146,300 shares of the company’s stock after selling 181,800 shares during the period. LSV Asset Management’s holdings in Ecovyst were worth $1,423,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Allianz Asset Management GmbH lifted its stake in shares of Ecovyst by 242.5% in the third quarter. Allianz Asset Management GmbH now owns 319,726 shares of the company’s stock worth $2,801,000 after buying an additional 226,386 shares in the last quarter. Kestrel Investment Management Corp bought a new position in shares of Ecovyst in the fourth quarter worth approximately $3,965,000. Clearline Capital LP bought a new position in shares of Ecovyst in the third quarter worth approximately $1,473,000. Mangrove Partners IM LLC lifted its stake in shares of Ecovyst by 20.6% in the third quarter. Mangrove Partners IM LLC now owns 5,474,057 shares of the company’s stock worth $47,953,000 after buying an additional 935,647 shares in the last quarter. Finally, Simcoe Capital Management LLC bought a new position in shares of Ecovyst in the third quarter worth approximately $6,725,000. Institutional investors own 86.69% of the company’s stock.

Ecovyst Stock Down 1.0%

ECVT opened at $13.93 on Thursday. The company has a current ratio of 2.38, a quick ratio of 2.13 and a debt-to-equity ratio of 0.68. Ecovyst Inc. has a 1-year low of $7.35 and a 1-year high of $15.09. The company has a market capitalization of $1.52 billion, a PE ratio of -25.32, a PEG ratio of 1.86 and a beta of 1.12. The firm’s 50 day simple moving average is $13.60 and its two-hundred day simple moving average is $11.39.

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

Analyst Upgrades and Downgrades

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

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.