Ecovyst Inc. $ECVT Shares Sold by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC lessened its position in Ecovyst Inc. (NYSE:ECVT) by 10.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,366,711 shares of the company’s stock after selling 155,844 shares during the period. Thompson Siegel & Walmsley LLC owned approximately 1.20% of Ecovyst worth $13,298,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in ECVT. Rubric Capital Management LP lifted its stake in shares of Ecovyst by 120.9% in the 3rd quarter. Rubric Capital Management LP now owns 10,400,000 shares of the company’s stock worth $91,104,000 after acquiring an additional 5,692,653 shares during the period. Oaktree Capital Management LP acquired a new stake in shares of Ecovyst in the 3rd quarter worth $25,045,000. Invenomic Capital Management LP acquired a new stake in shares of Ecovyst in the 3rd quarter worth $16,729,000. Ameriprise Financial Inc. increased its holdings in shares of Ecovyst by 221.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,590,044 shares of the company’s stock valued at $13,086,000 after purchasing an additional 1,095,228 shares in the last quarter. Finally, Mangrove Partners IM LLC increased its holdings 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 purchasing an additional 935,647 shares in the last quarter. Institutional investors and hedge funds own 86.69% of the company’s stock.

Ecovyst Stock Performance

Shares of ECVT opened at $13.20 on Monday. The company has a 50-day simple moving average of $13.65 and a 200-day simple moving average of $11.46. The company has a quick ratio of 2.13, a current ratio of 2.38 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $1.44 billion, a PE ratio of -24.00, a P/E/G ratio of 1.75 and a beta of 1.08. Ecovyst Inc. has a 52-week low of $7.35 and a 52-week high of $15.09.

Ecovyst (NYSE:ECVT) last posted its earnings results on Tuesday, May 5th. The company reported $0.11 earnings per share for the quarter, beating 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 firm had revenue of $214.95 million during the quarter, compared to the consensus estimate of $191.07 million. During the same period last year, the firm posted $0.01 EPS. The firm’s revenue for the quarter was up 50.2% on a year-over-year basis. Ecovyst has set its FY 2026 guidance at 0.500-0.650 EPS. Equities research analysts predict that Ecovyst Inc. will post 0.51 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

Ecovyst 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.