Ecovyst Inc. $ECVT Shares Sold by Wedge Capital Management L L P NC

Wedge Capital Management L L P NC trimmed its stake in shares of Ecovyst Inc. (NYSE:ECVT) by 27.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 187,022 shares of the company’s stock after selling 69,561 shares during the period. Wedge Capital Management L L P NC’s holdings in Ecovyst were worth $2,328,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Creative Planning increased its stake in Ecovyst by 4.8% in the 3rd quarter. Creative Planning now owns 28,622 shares of the company’s stock worth $251,000 after purchasing an additional 1,311 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Ecovyst by 4.3% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 51,292 shares of the company’s stock valued at $449,000 after buying an additional 2,124 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Ecovyst by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,105 shares of the company’s stock worth $428,000 after buying an additional 2,874 shares during the period. Royal Bank of Canada boosted its holdings in shares of Ecovyst by 8.6% in the first quarter. Royal Bank of Canada now owns 45,069 shares of the company’s stock worth $279,000 after buying an additional 3,571 shares during the period. Finally, Deutsche Bank AG increased its position in shares of Ecovyst by 4.6% in the fourth quarter. Deutsche Bank AG now owns 84,462 shares of the company’s stock worth $822,000 after acquiring an additional 3,729 shares in the last quarter. Institutional investors and hedge funds own 86.69% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ECVT. Wall Street Zen lowered shares of Ecovyst from a “strong-buy” rating to a “hold” rating in a research note on Saturday, August 8th. BWS Financial restated a “buy” rating and issued a $16.00 target price on shares of Ecovyst in a report on Thursday, August 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ecovyst in a report on Monday, June 1st. Citigroup initiated coverage on shares of Ecovyst in a report on Wednesday, June 24th. They set an “overweight” rating for the company. Finally, Freedom Capital raised Ecovyst to a “strong-buy” rating in a research report on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Ecovyst has an average rating of “Moderate Buy” and an average price target of $13.90.

Ecovyst Trading Up 1.5%

Shares of NYSE:ECVT opened at $10.08 on Friday. The company has a current ratio of 1.70, a quick ratio of 1.44 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $1.10 billion, a PE ratio of -19.01, a P/E/G ratio of 0.46 and a beta of 1.10. Ecovyst Inc. has a 1 year low of $7.41 and a 1 year high of $15.09. The firm has a fifty day moving average price of $12.14 and a 200 day moving average price of $12.48.

Ecovyst (NYSE:ECVT) last posted its earnings results on Wednesday, August 5th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.02. Ecovyst had a positive return on equity of 13.83% and a negative net margin of 7.05%.The company had revenue of $249.95 million for the quarter, compared to analyst estimates of $237.54 million. During the same period last year, the company earned $0.12 earnings per share. The business’s revenue was up 24.9% compared to the same quarter last year. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. Analysts expect that Ecovyst Inc. will post 0.56 EPS 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.