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

SG Americas Securities LLC boosted its position in Ecovyst Inc. (NYSE:ECVT) by 56.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 516,569 shares of the company’s stock after buying an additional 185,385 shares during the quarter. SG Americas Securities LLC owned approximately 0.47% of Ecovyst worth $6,643,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its stake in Ecovyst by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 11,112,611 shares of the company’s stock worth $108,126,000 after purchasing an additional 191,394 shares during the period. Rubric Capital Management LP increased its stake in shares of Ecovyst by 1.0% in the fourth quarter. Rubric Capital Management LP now owns 10,500,000 shares of the company’s stock worth $102,165,000 after buying an additional 100,000 shares during the period. Dimensional Fund Advisors LP raised its holdings in Ecovyst by 2.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 6,387,278 shares of the company’s stock valued at $62,149,000 after buying an additional 130,206 shares during the last quarter. Mangrove Partners IM LLC raised its holdings in Ecovyst by 20.6% during the 3rd quarter. Mangrove Partners IM LLC now owns 5,474,057 shares of the company’s stock valued at $47,953,000 after buying an additional 935,647 shares during the last quarter. Finally, Oaktree Capital Management LP boosted its position in Ecovyst by 48.8% during the 4th quarter. Oaktree Capital Management LP now owns 4,254,503 shares of the company’s stock valued at $41,396,000 after buying an additional 1,395,481 shares during the period. 86.69% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on ECVT shares. BWS Financial boosted their price objective 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. Wall Street Zen upgraded shares of Ecovyst from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. Weiss Ratings restated a “sell (d-)” rating on shares of Ecovyst in a report on Monday, June 1st. Finally, Citigroup started coverage on Ecovyst in a report on Wednesday. They set an “overweight” rating on the stock. Four equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Ecovyst presently has a consensus rating of “Moderate Buy” and an average price target of $13.90.

Ecovyst Stock Down 0.7%

Shares of NYSE:ECVT opened at $12.11 on Monday. The firm has a market capitalization of $1.32 billion, a P/E ratio of -22.01, a P/E/G ratio of 0.57 and a beta of 1.08. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.13 and a current ratio of 2.38. The stock has a 50 day moving average price of $13.56 and a 200-day moving average price of $12.04. 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 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.04. The company had revenue of $214.95 million for the quarter, compared to analyst estimates of $191.07 million. Ecovyst had a positive return on equity of 11.58% and a negative net margin of 7.71%.The firm’s revenue was up 50.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.01 earnings per share. Ecovyst has set its FY 2026 guidance at 0.500-0.650 EPS. As a group, equities research analysts anticipate that Ecovyst Inc. will post 0.56 EPS 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.