Owls Nest Partners IA LLC Buys 175,060 Shares of Ecovyst Inc. $ECVT

Owls Nest Partners IA LLC raised its stake in shares of Ecovyst Inc. (NYSE:ECVT) by 10.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,826,120 shares of the company’s stock after acquiring an additional 175,060 shares during the quarter. Ecovyst makes up 4.9% of Owls Nest Partners IA LLC’s portfolio, making the stock its 9th biggest position. Owls Nest Partners IA LLC’s holdings in Ecovyst were worth $17,768,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of ECVT. Russell Investments Group Ltd. acquired a new stake in shares of Ecovyst in the 3rd quarter valued at about $87,000. Landscape Capital Management L.L.C. acquired a new position in Ecovyst during the 3rd quarter valued at approximately $89,000. PharVision Advisers LLC acquired a new position in shares of Ecovyst during the third quarter valued at $101,000. CIBC Bancorp USA Inc. bought a new position in shares of Ecovyst during the third quarter worth about $109,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of Ecovyst in the 2nd quarter worth about $129,000. Institutional investors own 86.69% of the company’s stock.

Ecovyst Stock Performance

Shares of ECVT opened at $13.12 on Monday. The firm has a market capitalization of $1.44 billion, a PE ratio of -23.85, a P/E/G ratio of 0.61 and a beta of 1.08. 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 firm has a 50-day moving average price of $13.73 and a 200 day moving average price of $11.78. Ecovyst Inc. has a 52-week low of $7.39 and a 52-week high of $15.09.

Ecovyst (NYSE:ECVT) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.04. The company had revenue of $214.95 million for the quarter, compared to the consensus estimate of $191.07 million. Ecovyst had a negative net margin of 7.71% and a positive return on equity of 11.58%. Ecovyst’s revenue was up 50.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.01 EPS. Ecovyst has set its FY 2026 guidance at 0.500-0.650 EPS. On average, sell-side analysts anticipate that Ecovyst Inc. will post 0.56 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

ECVT has been the topic of several recent research reports. KeyCorp lifted 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. Citigroup raised their price target on shares of Ecovyst from $15.00 to $16.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Wall Street Zen upgraded Ecovyst from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 18th. BWS Financial increased their price objective on Ecovyst from $12.00 to $16.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Ecovyst in a research report on Monday, June 1st. 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 company. Based on data from MarketBeat, Ecovyst presently has a consensus rating of “Moderate Buy” and an average target price of $14.20.

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.