LSV Asset Management Decreases Stock Holdings in Ecovyst Inc. $ECVT

LSV Asset Management decreased its position in Ecovyst Inc. (NYSE:ECVT) by 55.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 146,300 shares of the company’s stock after selling 181,800 shares during the quarter. LSV Asset Management owned approximately 0.13% of Ecovyst worth $1,423,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of ECVT. Russell Investments Group Ltd. purchased a new position in shares of Ecovyst during the third quarter valued at about $87,000. Landscape Capital Management L.L.C. purchased a new position in shares of Ecovyst during the third quarter valued at about $89,000. PharVision Advisers LLC purchased a new position in shares of Ecovyst during the third quarter valued at about $101,000. CIBC Bancorp USA Inc. purchased a new position in shares of Ecovyst during the third quarter valued at about $109,000. Finally, Arrowstreet Capital Limited Partnership purchased a new position in shares of Ecovyst during the second quarter valued at about $129,000. Hedge funds and other institutional investors own 86.69% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. KeyCorp boosted their price target 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 boosted their price target on shares of Ecovyst from $15.00 to $16.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. Wall Street Zen upgraded shares of Ecovyst from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 18th. Finally, BWS Financial boosted their price target on shares of Ecovyst from $12.00 to $16.00 and gave the company a “buy” 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $14.20.

Ecovyst Price Performance

Shares of ECVT opened at $13.93 on Thursday. The stock has a market cap of $1.52 billion, a PE ratio of -25.32, a price-to-earnings-growth ratio of 1.86 and a beta of 1.12. 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 Inc. has a fifty-two week low of $7.35 and a fifty-two week high of $15.09. The firm’s 50-day simple moving average is $13.60 and its two-hundred day simple moving average is $11.39.

Ecovyst (NYSE:ECVT) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.04. The business had revenue of $214.95 million for the quarter, compared to analysts’ expectations of $191.07 million. Ecovyst had a negative net margin of 7.71% and a positive return on equity of 11.58%. The business’s revenue was up 50.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.01 earnings per share. Ecovyst has set its FY 2026 guidance at 0.500-0.650 EPS. Analysts anticipate that Ecovyst Inc. will post 0.51 earnings per share for the current fiscal year.

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.