Ecovyst Inc. $ECVT Stock Holdings Lessened by William Blair Investment Management LLC

William Blair Investment Management LLC trimmed its stake in Ecovyst Inc. (NYSE:ECVT) by 9.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,728,749 shares of the company’s stock after selling 285,411 shares during the quarter. William Blair Investment Management LLC’s holdings in Ecovyst were worth $26,551,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in ECVT. Russell Investments Group Ltd. purchased a new stake in shares of Ecovyst in the third quarter worth approximately $87,000. Landscape Capital Management L.L.C. purchased a new stake in shares of Ecovyst in the third quarter worth approximately $89,000. PharVision Advisers LLC purchased a new stake in shares of Ecovyst in the third quarter worth approximately $101,000. CIBC Bancorp USA Inc. purchased a new stake in shares of Ecovyst in the third quarter worth approximately $109,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Ecovyst in the second quarter worth approximately $129,000. 86.69% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently issued reports 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. BWS Financial raised 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 raised 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. Finally, Citigroup raised 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 investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $14.20.

Ecovyst Price Performance

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

Ecovyst (NYSE:ECVT) last issued its quarterly earnings data 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. The firm had revenue of $214.95 million for the quarter, compared to analyst estimates of $191.07 million. Ecovyst had a negative net margin of 7.71% and a positive return on equity of 11.58%. The company’s revenue for the quarter was up 50.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.01 earnings per share. Ecovyst has set its FY 2026 guidance at 0.500-0.650 EPS. As a group, research analysts expect that Ecovyst Inc. will post 0.51 EPS for the current fiscal year.

About Ecovyst

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.