William Blair Investment Management LLC Buys New Stake in Ecovyst Inc. $ECVT

William Blair Investment Management LLC purchased a new position in shares of Ecovyst Inc. (NYSE:ECVT) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 860,439 shares of the company’s stock, valued at approximately $10,712,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. OP Asset Management Ltd acquired a new stake in Ecovyst during the first quarter valued at $77,000. State of Wyoming purchased a new position in shares of Ecovyst in the 1st quarter valued at about $80,000. Russell Investments Group Ltd. acquired a new position in Ecovyst in the 3rd quarter worth about $87,000. Landscape Capital Management L.L.C. purchased a new position in Ecovyst during the third quarter worth approximately $89,000. Finally, PharVision Advisers LLC purchased a new position in Ecovyst during the third quarter worth approximately $101,000. Institutional investors and hedge funds own 86.69% of the company’s stock.

Ecovyst Trading Up 0.2%

ECVT stock opened at $10.46 on Monday. Ecovyst Inc. has a 12-month low of $7.41 and a 12-month high of $15.09. The business’s 50-day moving average is $11.84 and its 200 day moving average is $12.46. The company has a current ratio of 1.70, a quick ratio of 1.44 and a debt-to-equity ratio of 0.84. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of -19.74, a PEG ratio of 0.45 and a beta of 1.10.

Ecovyst (NYSE:ECVT) last announced its earnings results on Wednesday, August 5th. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.02. The business had revenue of $249.95 million during the quarter, compared to analysts’ expectations of $237.54 million. Ecovyst had a positive return on equity of 13.83% and a negative net margin of 7.05%.The business’s revenue was up 24.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.12 earnings per share. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. On average, sell-side analysts anticipate that Ecovyst Inc. will post 0.6 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have commented on ECVT shares. Citigroup started coverage on Ecovyst in a report on Wednesday, June 24th. They issued an “overweight” rating on the stock. Wall Street Zen upgraded Ecovyst from a “hold” rating to a “buy” rating in a research report on Sunday, August 16th. BWS Financial reissued a “buy” rating and issued a $16.00 price target on shares of Ecovyst in a research note on Thursday, August 6th. Freedom Capital raised shares of Ecovyst to a “strong-buy” rating in a report on Monday, June 29th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Ecovyst in a report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $13.90.

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.