Empowered Funds LLC Has $7.29 Million Holdings in Ecovyst Inc. $ECVT

Empowered Funds LLC grew its position in Ecovyst Inc. (NYSE:ECVT) by 8.6% in the first quarter, according to its most recent filing with the SEC. The fund owned 566,680 shares of the company’s stock after acquiring an additional 45,008 shares during the period. Empowered Funds LLC’s holdings in Ecovyst were worth $7,288,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Creative Planning grew its position in Ecovyst by 4.8% during the 3rd quarter. Creative Planning now owns 28,622 shares of the company’s stock worth $251,000 after acquiring an additional 1,311 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Ecovyst by 4.3% in 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 during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Ecovyst by 4.3% in 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 during the last quarter. Royal Bank of Canada boosted its stake in shares of Ecovyst by 8.6% during the first quarter. Royal Bank of Canada now owns 45,069 shares of the company’s stock valued at $279,000 after purchasing an additional 3,571 shares in the last quarter. Finally, Deutsche Bank AG boosted its stake in shares of Ecovyst by 4.6% during the fourth quarter. Deutsche Bank AG now owns 84,462 shares of the company’s stock valued at $822,000 after purchasing an additional 3,729 shares in the last quarter. Institutional investors and hedge funds own 86.69% of the company’s stock.

Wall Street Analyst Weigh In

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

Ecovyst Stock Down 0.1%

Shares of NYSE:ECVT opened at $12.08 on Friday. The firm has a market cap of $1.32 billion, a P/E ratio of -21.96, a P/E/G ratio of 0.56 and a beta of 1.10. Ecovyst Inc. has a 12-month low of $7.41 and a 12-month high of $15.09. The business has a fifty day simple moving average of $12.61 and a 200 day simple moving average of $12.46. 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 released its quarterly earnings results on Tuesday, May 5th. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.04. The firm 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 business’s revenue was up 50.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.01 EPS. Ecovyst has set its FY 2026 guidance at 0.500-0.650 EPS. Analysts predict that Ecovyst Inc. will post 0.56 earnings per share for the current year.

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.