470,000 Shares in Ecovyst Inc. $ECVT Purchased by Dayah Capital LLC

Dayah Capital LLC acquired a new position in shares of Ecovyst Inc. (NYSE:ECVT) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 470,000 shares of the company’s stock, valued at approximately $6,044,000. Ecovyst accounts for approximately 2.3% of Dayah Capital LLC’s portfolio, making the stock its 12th biggest holding.

Several other institutional investors and hedge funds also recently bought and sold shares of ECVT. Creative Planning lifted its position in shares of Ecovyst by 4.8% in the third quarter. Creative Planning now owns 28,622 shares of the company’s stock worth $251,000 after purchasing an additional 1,311 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Ecovyst by 4.3% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 51,292 shares of the company’s stock valued at $449,000 after purchasing an additional 2,124 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Ecovyst by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,105 shares of the company’s stock valued at $428,000 after purchasing an additional 2,874 shares in the last quarter. Royal Bank of Canada increased its stake in Ecovyst by 8.6% in the 1st quarter. Royal Bank of Canada now owns 45,069 shares of the company’s stock valued at $279,000 after buying an additional 3,571 shares during the period. Finally, Deutsche Bank AG increased its stake in Ecovyst by 4.6% in the 4th quarter. Deutsche Bank AG now owns 84,462 shares of the company’s stock valued at $822,000 after buying an additional 3,729 shares during the period. Hedge funds and other institutional investors own 86.69% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on ECVT shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Ecovyst in a research note on Monday, June 1st. Wall Street Zen raised shares of Ecovyst from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 18th. Freedom Capital upgraded Ecovyst to a “strong-buy” rating in a report on Monday, June 29th. Finally, Citigroup initiated coverage on Ecovyst in a research report on Wednesday, June 24th. They set an “overweight” rating for the company. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Ecovyst has an average rating of “Moderate Buy” and a consensus target price of $13.90.

Ecovyst Trading Up 0.8%

Shares of NYSE ECVT opened at $12.12 on Friday. The business has a 50 day simple moving average of $12.65 and a 200 day simple moving average of $12.47. Ecovyst Inc. has a 52 week low of $7.41 and a 52 week high of $15.09. The stock has a market cap of $1.33 billion, a price-to-earnings ratio of -22.05, a PEG ratio of 0.56 and a beta of 1.10. 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 released its quarterly earnings results on Tuesday, May 5th. The company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.04. Ecovyst had a negative net margin of 7.71% and a positive return on equity of 11.58%. The business 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 firm earned $0.01 EPS. Ecovyst’s revenue for the quarter was up 50.2% on a year-over-year basis. Ecovyst has set its FY 2026 guidance at 0.500-0.650 EPS. On average, research analysts predict that Ecovyst Inc. will post 0.56 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.