Kestrel Investment Management Corp Makes New Investment in Ecovyst Inc. $ECVT

Kestrel Investment Management Corp acquired a new position in Ecovyst Inc. (NYSE:ECVT) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 407,600 shares of the company’s stock, valued at approximately $3,965,000. Ecovyst accounts for 2.2% of Kestrel Investment Management Corp’s holdings, making the stock its 22nd biggest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. Allianz Asset Management GmbH lifted its holdings in Ecovyst by 242.5% in the 3rd quarter. Allianz Asset Management GmbH now owns 319,726 shares of the company’s stock worth $2,801,000 after buying an additional 226,386 shares during the period. Clearline Capital LP purchased a new position in shares of Ecovyst in the 3rd quarter valued at approximately $1,473,000. Mangrove Partners IM LLC lifted its stake in shares of Ecovyst by 20.6% in the 3rd quarter. Mangrove Partners IM LLC now owns 5,474,057 shares of the company’s stock valued at $47,953,000 after purchasing an additional 935,647 shares during the period. Simcoe Capital Management LLC purchased a new position in shares of Ecovyst in the 3rd quarter valued at approximately $6,725,000. Finally, Invenomic Capital Management LP purchased a new position in shares of Ecovyst in the 3rd quarter valued at approximately $16,729,000. Hedge funds and other institutional investors own 86.69% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on ECVT shares. BWS Financial raised their target price on Ecovyst from $12.00 to $16.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Weiss Ratings restated a “sell (d)” rating on shares of Ecovyst in a research note on Wednesday, January 21st. Wall Street Zen upgraded Ecovyst from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 18th. Citigroup raised their target price on Ecovyst from $15.00 to $16.00 and gave the company a “neutral” rating in a research note on Wednesday. Finally, KeyCorp raised their target price on Ecovyst from $11.00 to $14.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Four equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $14.20.

Ecovyst Stock Up 1.3%

Shares of NYSE:ECVT opened at $14.15 on Friday. The stock has a fifty day simple moving average of $12.81 and a two-hundred day simple moving average of $10.81. The stock has a market capitalization of $1.55 billion, a price-to-earnings ratio of -25.72, a PEG ratio of 1.96 and a beta of 1.12. Ecovyst Inc. has a 12-month low of $7.03 and a 12-month high of $14.94. The company has a current ratio of 2.38, a quick ratio of 2.42 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.04. The business had revenue of $214.95 million during the quarter, compared to analysts’ expectations 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 quarterly revenue was up 50.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.01 earnings per share. Ecovyst has set its FY 2026 guidance at 0.500-0.650 EPS. On average, research analysts anticipate that Ecovyst Inc. will post 0.49 earnings per share for the current fiscal 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.