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

Brown Advisory Inc. lowered its position in Ecovyst Inc. (NYSE:ECVT) by 8.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 5,024,810 shares of the company’s stock after selling 450,057 shares during the quarter. Brown Advisory Inc.’s holdings in Ecovyst were worth $48,891,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Russell Investments Group Ltd. purchased a new position in Ecovyst during the third quarter valued at $87,000. Landscape Capital Management L.L.C. purchased a new position in Ecovyst during the third quarter valued at $89,000. PharVision Advisers LLC purchased a new position in Ecovyst during the third quarter valued at $101,000. CIBC Bancorp USA Inc. purchased a new position in Ecovyst during the third quarter valued at $109,000. Finally, Arrowstreet Capital Limited Partnership purchased a new position in Ecovyst during the second quarter valued at $129,000. 86.69% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ECVT has been the topic of several analyst reports. Wall Street Zen upgraded Ecovyst from a “buy” rating to a “strong-buy” rating in a research report on Saturday, April 18th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Ecovyst in a research report on Monday, June 1st. BWS Financial lifted their target price on Ecovyst from $12.00 to $16.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. KeyCorp lifted their target price on Ecovyst from $11.00 to $14.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Finally, Citigroup lifted their target price on Ecovyst from $15.00 to $16.00 and gave the company a “neutral” rating in a research report on Wednesday, May 6th. 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. Based on data from MarketBeat, Ecovyst has a consensus rating of “Moderate Buy” and a consensus target price of $14.20.

Ecovyst Price Performance

Shares of Ecovyst stock opened at $13.12 on Monday. The stock’s 50-day simple moving average is $13.73 and its 200-day simple moving average is $11.78. Ecovyst Inc. has a 52 week low of $7.39 and a 52 week high of $15.09. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of -23.85, a PEG ratio of 0.61 and a beta of 1.08. 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 (NYSE:ECVT) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.11 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 business had revenue of $214.95 million for the quarter, compared to the consensus estimate of $191.07 million. During the same period in the previous year, the business earned $0.01 earnings per share. The business’s 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, analysts expect that Ecovyst Inc. will post 0.56 earnings per share for the current fiscal year.

Ecovyst Company 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.