Ecovyst Inc. $ECVT Shares Bought by Sei Investments Co.

Sei Investments Co. grew its holdings in Ecovyst Inc. (NYSE:ECVT) by 80.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 938,031 shares of the company’s stock after acquiring an additional 417,862 shares during the period. Sei Investments Co.’s holdings in Ecovyst were worth $12,063,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Creative Planning increased its holdings in Ecovyst by 4.8% in the 3rd quarter. Creative Planning now owns 28,622 shares of the company’s stock valued at $251,000 after purchasing an additional 1,311 shares in 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 period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Ecovyst by 4.3% during the first 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. Royal Bank of Canada lifted 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 worth $279,000 after purchasing an additional 3,571 shares in the last quarter. Finally, Deutsche Bank AG boosted its position in shares of Ecovyst by 4.6% in the fourth quarter. Deutsche Bank AG now owns 84,462 shares of the company’s stock worth $822,000 after buying an additional 3,729 shares during the period. 86.69% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Ecovyst Stock Performance

Shares of ECVT stock opened at $12.08 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.38 and a quick ratio of 2.13. The company’s fifty day moving average price is $12.61 and its two-hundred day moving average price is $12.46. The firm has a market capitalization 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.

Ecovyst (NYSE:ECVT) last announced its 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. 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 the consensus estimate of $191.07 million. During the same period last year, the firm earned $0.01 earnings per share. The company’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. On average, research analysts anticipate 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.