Ecovyst Inc. $ECVT Position Lowered by Medina Value Partners LLC

Medina Value Partners LLC lessened its stake in Ecovyst Inc. (NYSE:ECVT) by 31.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,160,140 shares of the company’s stock after selling 1,007,350 shares during the quarter. Ecovyst comprises approximately 4.4% of Medina Value Partners LLC’s investment portfolio, making the stock its 11th biggest holding. Medina Value Partners LLC owned approximately 1.89% of Ecovyst worth $18,923,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Invesco Ltd. boosted its holdings in Ecovyst by 50.5% in the third quarter. Invesco Ltd. now owns 351,697 shares of the company’s stock worth $3,081,000 after acquiring an additional 118,061 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Ecovyst by 4,298.3% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 688,517 shares of the company’s stock worth $6,031,000 after buying an additional 672,863 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Ecovyst by 122.1% during the third quarter. BNP Paribas Financial Markets now owns 23,300 shares of the company’s stock worth $204,000 after buying an additional 12,807 shares in the last quarter. Swiss National Bank raised its stake in Ecovyst by 6.2% during the third quarter. Swiss National Bank now owns 227,600 shares of the company’s stock worth $1,994,000 after purchasing an additional 13,200 shares during the period. Finally, Russell Investments Group Ltd. bought a new position in Ecovyst during the third quarter worth $87,000. 86.69% of the stock is owned by hedge funds and other institutional investors.

Ecovyst Price Performance

NYSE ECVT opened at $11.52 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.64 and a quick ratio of 2.42. Ecovyst Inc. has a 52-week low of $5.24 and a 52-week high of $12.33. The company has a 50 day simple moving average of $11.03 and a 200-day simple moving average of $9.60. The firm has a market capitalization of $1.27 billion, a price-to-earnings ratio of -18.57, a price-to-earnings-growth ratio of 1.56 and a beta of 1.17.

Ecovyst (NYSE:ECVT) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.07. Ecovyst had a negative net margin of 9.27% and a positive return on equity of 9.39%. The company had revenue of $199.43 million during the quarter, compared to the consensus estimate of $184.85 million. During the same quarter in the prior year, the firm earned $0.28 earnings per share. The firm’s revenue was up 33.9% compared to the same quarter last year. Ecovyst has set its FY 2026 guidance at 0.450-0.650 EPS. Equities research analysts predict that Ecovyst Inc. will post 0.44 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on ECVT shares. Wall Street Zen upgraded shares of Ecovyst from a “buy” rating to a “strong-buy” rating in a report on Tuesday. Weiss Ratings restated a “sell (d)” rating on shares of Ecovyst in a report on Wednesday, January 21st. BWS Financial lifted their price objective on Ecovyst from $12.00 to $16.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft reduced their price target on Ecovyst from $14.00 to $11.00 and set a “buy” rating on the stock in a report on Friday, November 28th. Finally, Citigroup upped their price target on shares of Ecovyst from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Monday, March 2nd. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $13.60.

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.