Vanguard Group Inc. Boosts Position in Ecovyst Inc. $ECVT

Vanguard Group Inc. lifted its holdings in shares of Ecovyst Inc. (NYSE:ECVT) by 1.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,112,611 shares of the company’s stock after acquiring an additional 191,394 shares during the quarter. Vanguard Group Inc. owned approximately 9.75% of Ecovyst worth $108,126,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. State of Alaska Department of Revenue boosted its holdings in Ecovyst by 341.7% in the fourth quarter. State of Alaska Department of Revenue now owns 24,256 shares of the company’s stock valued at $235,000 after acquiring an additional 18,765 shares in the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of Ecovyst by 22.1% in the 4th quarter. Harbor Capital Advisors Inc. now owns 584,647 shares of the company’s stock worth $5,689,000 after purchasing an additional 105,696 shares during the period. SG Americas Securities LLC lifted its position in shares of Ecovyst by 938.0% in the 4th quarter. SG Americas Securities LLC now owns 331,184 shares of the company’s stock worth $3,222,000 after purchasing an additional 299,278 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Ecovyst by 21.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 361,359 shares of the company’s stock worth $3,166,000 after purchasing an additional 62,994 shares during the period. Finally, CIBC Bancorp USA Inc. purchased a new stake in shares of Ecovyst in the 3rd quarter worth about $109,000. Institutional investors own 86.69% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on ECVT. BWS Financial raised their target price on shares of Ecovyst from $12.00 to $16.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. KeyCorp increased their target price on Ecovyst from $11.00 to $14.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Wall Street Zen raised Ecovyst from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 18th. Citigroup increased their target price on Ecovyst from $15.00 to $16.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Ecovyst in a research report on Wednesday, January 21st. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $14.20.

Ecovyst Stock Up 1.1%

Shares of NYSE:ECVT opened at $14.58 on Wednesday. Ecovyst Inc. has a 52-week low of $7.03 and a 52-week high of $14.94. The firm has a market capitalization of $1.60 billion, a P/E ratio of -26.51, a P/E/G ratio of 2.03 and a beta of 1.12. The stock has a 50 day moving average price of $12.99 and a 200-day moving average price of $10.94. 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 (NYSE:ECVT) last announced its earnings results on Tuesday, May 5th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.04. Ecovyst had a positive return on equity of 11.58% and a negative net margin of 7.71%.The firm had revenue of $214.95 million during the quarter, compared to analyst estimates of $191.07 million. During the same quarter in the prior year, the company earned $0.01 EPS. The business’s revenue was up 50.2% compared to the same quarter last year. Ecovyst has set its FY 2026 guidance at 0.500-0.650 EPS. As a group, equities research analysts anticipate that Ecovyst Inc. will post 0.49 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.