138,801 Shares in Ecovyst Inc. $ECVT Acquired by Man Group plc

Man Group plc acquired a new stake in Ecovyst Inc. (NYSE:ECVT) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 138,801 shares of the company’s stock, valued at approximately $1,728,000. Man Group plc owned 0.13% of Ecovyst at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. raised its position in shares of Ecovyst by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 11,112,611 shares of the company’s stock valued at $108,126,000 after acquiring an additional 191,394 shares during the last quarter. BlackRock Inc. bought a new position in shares of Ecovyst in the 2nd quarter worth $132,792,000. Rubric Capital Management LP boosted its position in shares of Ecovyst by 1.0% in the 4th quarter. Rubric Capital Management LP now owns 10,500,000 shares of the company’s stock worth $102,165,000 after purchasing an additional 100,000 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Ecovyst by 1.7% during the first quarter. Dimensional Fund Advisors LP now owns 6,498,654 shares of the company’s stock worth $83,573,000 after purchasing an additional 111,376 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Ecovyst by 246.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 4,829,034 shares of the company’s stock worth $62,101,000 after purchasing an additional 3,435,942 shares during the period. 86.69% of the stock is owned by institutional investors.

Ecovyst Stock Down 0.5%

Ecovyst stock opened at $10.12 on Wednesday. The company has a 50 day moving average of $11.46 and a 200-day moving average of $12.41. The company has a quick ratio of 1.44, a current ratio of 1.70 and a debt-to-equity ratio of 0.84. Ecovyst Inc. has a twelve month low of $7.41 and a twelve month high of $15.09. The stock has a market capitalization of $1.11 billion, a PE ratio of -19.09, a price-to-earnings-growth ratio of 0.44 and a beta of 1.07.

Ecovyst (NYSE:ECVT) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.02. The business 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% on a year-over-year basis. During the same period last year, the business posted $0.12 earnings per share. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. On average, equities research analysts anticipate that Ecovyst Inc. will post 0.6 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Citigroup assumed coverage on Ecovyst in a research note on Wednesday, June 24th. They issued an “overweight” rating on the stock. BWS Financial restated a “buy” rating and set a $16.00 target price on shares of Ecovyst in a research report on Thursday, August 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ecovyst in a research note on Thursday, August 27th. Freedom Capital upgraded shares of Ecovyst to a “strong-buy” rating in a research report on Monday, June 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $14.00 price objective on shares of Ecovyst in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $14.50.

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.