Y Intercept Hong Kong Ltd Makes New Investment in Ecovyst Inc. $ECVT

Y Intercept Hong Kong Ltd acquired a new stake in shares of Ecovyst Inc. (NYSE:ECVT) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 49,936 shares of the company’s stock, valued at approximately $642,000.

A number of other large investors have also added to or reduced their stakes in ECVT. OP Asset Management Ltd acquired a new position in Ecovyst in the 1st quarter worth $77,000. Russell Investments Group Ltd. acquired a new stake in shares of Ecovyst during the third quarter valued at about $87,000. Landscape Capital Management L.L.C. acquired a new stake in shares of Ecovyst during the third quarter valued at about $89,000. PharVision Advisers LLC purchased a new stake in shares of Ecovyst during the third quarter worth about $101,000. Finally, CIBC Bancorp USA Inc. purchased a new stake in shares of Ecovyst during the third quarter worth about $109,000. 86.69% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ECVT has been the subject of a number of analyst reports. Citigroup started coverage on Ecovyst in a report on Wednesday, June 24th. They issued an “overweight” rating for the company. Wall Street Zen raised 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 note on Monday, June 1st. Finally, Freedom Capital raised shares of Ecovyst to a “strong-buy” rating in a research report on Monday, June 29th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.90.

Ecovyst Stock Up 0.2%

NYSE:ECVT opened at $11.92 on Tuesday. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of -21.68, a price-to-earnings-growth ratio of 0.55 and a beta of 1.10. Ecovyst Inc. has a one year low of $7.41 and a one year high of $15.09. The stock has a 50-day simple moving average of $13.13 and a 200 day simple moving average of $12.24. The company has a debt-to-equity ratio of 0.68, a quick ratio of 2.13 and a current ratio of 2.38.

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 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 firm had revenue of $214.95 million for the quarter, compared to analysts’ expectations of $191.07 million. During the same quarter in the prior year, the firm posted $0.01 earnings per share. Ecovyst’s revenue for the quarter was up 50.2% compared to the same quarter last year. Ecovyst has set its FY 2026 guidance at 0.500-0.650 EPS. Sell-side analysts predict that Ecovyst Inc. will post 0.56 EPS 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.