Tiptree Advisors LLC Purchases New Holdings in Ecovyst Inc. $ECVT

Tiptree Advisors LLC acquired a new stake in shares of Ecovyst Inc. (NYSE:ECVT) in the second quarter, HoldingsChannel reports. The fund acquired 400,000 shares of the company’s stock, valued at approximately $4,980,000. Ecovyst accounts for approximately 3.1% of Tiptree Advisors LLC’s holdings, making the stock its 14th largest position.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. OP Asset Management Ltd acquired a new position in shares of Ecovyst in the 1st quarter valued at approximately $77,000. State of Wyoming acquired a new stake in shares of Ecovyst during the first quarter worth approximately $80,000. Russell Investments Group Ltd. bought a new stake in shares of Ecovyst in the third quarter worth $87,000. Landscape Capital Management L.L.C. bought a new stake in shares of Ecovyst in the third quarter worth $89,000. Finally, PharVision Advisers LLC acquired a new stake in Ecovyst in the third quarter valued at $101,000. 86.69% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Ecovyst Price Performance

Shares of NYSE ECVT opened at $10.18 on Thursday. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of -19.21, a PEG ratio of 0.44 and a beta of 1.10. Ecovyst Inc. has a twelve month low of $7.41 and a twelve month high of $15.09. 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 firm has a 50-day moving average of $11.68 and a two-hundred day moving average of $12.44.

Ecovyst (NYSE:ECVT) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.02. The firm had revenue of $249.96 million for the quarter, compared to analyst estimates of $237.54 million. Ecovyst had a negative net margin of 7.05% and a positive return on equity of 13.83%. The firm’s quarterly revenue was up 24.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.12 earnings per share. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. As a group, analysts expect that Ecovyst Inc. will post 0.6 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.