Brown Advisory Inc. Sells 450,057 Shares of Ecovyst Inc. $ECVT

Brown Advisory Inc. lessened its stake in shares of Ecovyst Inc. (NYSE:ECVT) by 8.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,024,810 shares of the company’s stock after selling 450,057 shares during the period. Brown Advisory Inc. owned approximately 4.41% of Ecovyst worth $48,891,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ECVT. Royal Bank of Canada increased its holdings in shares of Ecovyst by 8.6% in the 1st quarter. Royal Bank of Canada now owns 45,069 shares of the company’s stock worth $279,000 after purchasing an additional 3,571 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Ecovyst by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,105 shares of the company’s stock worth $428,000 after purchasing an additional 2,874 shares in the last quarter. Empowered Funds LLC increased its holdings in shares of Ecovyst by 7.5% in the 1st quarter. Empowered Funds LLC now owns 344,030 shares of the company’s stock worth $2,133,000 after purchasing an additional 23,951 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of Ecovyst by 954.1% in the 1st quarter. Jane Street Group LLC now owns 141,532 shares of the company’s stock worth $877,000 after purchasing an additional 128,105 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of Ecovyst in the 2nd quarter worth $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 company has a debt-to-equity ratio of 0.68, a current ratio of 2.38 and a quick ratio of 2.13. Ecovyst Inc. has a one year low of $7.39 and a one year high of $15.09. The firm has a market capitalization of $1.44 billion, a P/E ratio of -23.85, a PEG ratio of 0.61 and a beta of 1.08. The business has a fifty day moving average of $13.73 and a 200 day moving average of $11.78.

Ecovyst (NYSE:ECVT) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.11 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 company had revenue of $214.95 million during the quarter, compared to analyst estimates of $191.07 million. During the same quarter in the previous year, the company posted $0.01 earnings per share. Ecovyst’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, sell-side analysts anticipate that Ecovyst Inc. will post 0.56 EPS for the current year.

Analyst Ratings Changes

A number of analysts have commented on ECVT shares. KeyCorp lifted their target price on Ecovyst from $11.00 to $14.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Weiss Ratings reissued a “sell (d-)” rating on shares of Ecovyst in a report on Monday, June 1st. Wall Street Zen raised Ecovyst from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. Citigroup lifted their target price on Ecovyst from $15.00 to $16.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Finally, BWS Financial lifted their target price on Ecovyst from $12.00 to $16.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Four equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target 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.