SG Americas Securities LLC Purchases 185,385 Shares of Ecovyst Inc. $ECVT

SG Americas Securities LLC grew its position in Ecovyst Inc. (NYSE:ECVT) by 56.0% in the 1st quarter, Holdings Channel reports. The institutional investor owned 516,569 shares of the company’s stock after purchasing an additional 185,385 shares during the quarter. SG Americas Securities LLC’s holdings in Ecovyst were worth $6,643,000 as of its most recent SEC filing.

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

Ecovyst Stock Performance

NYSE ECVT opened at $12.11 on Monday. The company has a quick ratio of 2.13, a current ratio of 2.38 and a debt-to-equity ratio of 0.68. Ecovyst Inc. has a twelve month low of $7.39 and a twelve month high of $15.09. The business has a 50-day moving average price of $13.56 and a 200-day moving average price of $12.04. The firm has a market cap of $1.32 billion, a price-to-earnings ratio of -22.01, a price-to-earnings-growth ratio of 0.57 and a beta of 1.08.

Ecovyst (NYSE:ECVT) last issued its earnings results on Tuesday, May 5th. The company reported $0.11 earnings per share (EPS) for the quarter, beating 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 company had revenue of $214.95 million for the quarter, compared to the consensus estimate of $191.07 million. During the same quarter last year, the company earned $0.01 EPS. The firm’s quarterly revenue was up 50.2% on a year-over-year basis. Ecovyst has set its FY 2026 guidance at 0.500-0.650 EPS. As a group, equities research analysts predict that Ecovyst Inc. will post 0.56 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on ECVT shares. BWS Financial boosted their target price on shares of Ecovyst from $12.00 to $16.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Citigroup began coverage on Ecovyst in a report on Wednesday. They issued an “overweight” rating for the company. Wall Street Zen upgraded Ecovyst from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 18th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Ecovyst in a research report on Monday, June 1st. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $13.90.

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.