Ecovyst Inc. $ECVT Shares Bought by UBS Group AG

UBS Group AG boosted its holdings in shares of Ecovyst Inc. (NYSE:ECVT) by 222.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 282,370 shares of the company’s stock after buying an additional 194,915 shares during the period. UBS Group AG’s holdings in Ecovyst were worth $2,747,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in ECVT. Russell Investments Group Ltd. acquired a new stake in Ecovyst during the 3rd quarter worth approximately $87,000. Landscape Capital Management L.L.C. acquired a new stake in Ecovyst during the 3rd quarter worth approximately $89,000. PharVision Advisers LLC acquired a new stake in Ecovyst during the 3rd quarter worth approximately $101,000. CIBC Bancorp USA Inc. acquired a new stake in Ecovyst during the 3rd quarter worth approximately $109,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in Ecovyst during the 2nd quarter worth approximately $129,000. 86.69% of the stock is currently owned by institutional investors and hedge funds.

Ecovyst Price Performance

Shares of ECVT opened at $13.81 on Tuesday. Ecovyst Inc. has a twelve month low of $7.21 and a twelve month high of $15.09. The firm’s fifty day simple moving average is $13.51 and its 200-day simple moving average is $11.31. The firm has a market capitalization of $1.51 billion, a price-to-earnings ratio of -25.11, a PEG ratio of 1.83 and a beta of 1.12. The company has a current ratio of 2.38, a quick ratio of 2.13 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 for the quarter, beating analysts’ consensus estimates of $0.07 by $0.04. Ecovyst had a negative net margin of 7.71% and a positive return on equity of 11.58%. The business had revenue of $214.95 million for the quarter, compared to analyst estimates of $191.07 million. During the same period last year, the business earned $0.01 EPS. 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. Equities analysts forecast that Ecovyst Inc. will post 0.51 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on ECVT shares. KeyCorp increased their target price on shares of Ecovyst from $11.00 to $14.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. BWS Financial raised their price objective on shares of Ecovyst from $12.00 to $16.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Citigroup raised their price objective on shares of Ecovyst from $15.00 to $16.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Finally, Wall Street Zen upgraded shares of Ecovyst from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Ecovyst presently has a consensus rating of “Moderate Buy” and a consensus price target of $14.20.

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.