Thompson Siegel & Walmsley LLC Reduces Holdings in Ecovyst Inc. $ECVT

Thompson Siegel & Walmsley LLC reduced its holdings in shares of Ecovyst Inc. (NYSE:ECVT) by 10.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,366,711 shares of the company’s stock after selling 155,844 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Ecovyst were worth $13,298,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Allianz Asset Management GmbH increased its holdings in Ecovyst by 242.5% during the 3rd quarter. Allianz Asset Management GmbH now owns 319,726 shares of the company’s stock valued at $2,801,000 after acquiring an additional 226,386 shares in the last quarter. Kestrel Investment Management Corp purchased a new position in Ecovyst during the 4th quarter valued at about $3,965,000. Clearline Capital LP purchased a new position in Ecovyst during the 3rd quarter valued at about $1,473,000. Mangrove Partners IM LLC grew its holdings in shares of Ecovyst by 20.6% during the third quarter. Mangrove Partners IM LLC now owns 5,474,057 shares of the company’s stock worth $47,953,000 after buying an additional 935,647 shares in the last quarter. Finally, Simcoe Capital Management LLC purchased a new stake in shares of Ecovyst during the third quarter worth about $6,725,000. 86.69% of the stock is currently owned by hedge funds and other institutional investors.

Ecovyst Stock Performance

Shares of NYSE ECVT opened at $13.20 on Monday. The company has a market cap of $1.44 billion, a PE ratio of -24.00, a price-to-earnings-growth ratio of 1.75 and a beta of 1.08. Ecovyst Inc. has a 12 month low of $7.35 and a 12 month high of $15.09. 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 has a 50-day simple moving average of $13.65 and a 200-day simple moving average of $11.46.

Ecovyst (NYSE:ECVT) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.04. The business had revenue of $214.95 million during the quarter, compared to the consensus estimate of $191.07 million. Ecovyst had a negative net margin of 7.71% and a positive return on equity of 11.58%. The company’s quarterly revenue was up 50.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.01 earnings per share. Ecovyst has set its FY 2026 guidance at 0.500-0.650 EPS. On average, equities analysts anticipate that Ecovyst Inc. will post 0.51 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. BWS Financial lifted their price target on shares of Ecovyst from $12.00 to $16.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Citigroup lifted their price target on shares of Ecovyst from $15.00 to $16.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. KeyCorp lifted their price target on shares of Ecovyst from $11.00 to $14.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. 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 investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average 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.