Connor Clark & Lunn Investment Management Ltd. Makes New $7.12 Million Investment in Ecovyst Inc. $ECVT

Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Ecovyst Inc. (NYSE:ECVT) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 571,901 shares of the company’s stock, valued at approximately $7,120,000. Connor Clark & Lunn Investment Management Ltd. owned about 0.52% of Ecovyst as of its most recent SEC filing.

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

Ecovyst Stock Up 0.5%

ECVT opened at $10.18 on Thursday. Ecovyst Inc. has a twelve month low of $7.41 and a twelve month high of $15.09. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of -19.21, a PEG ratio of 0.44 and a beta of 1.10. The firm’s 50-day simple moving average is $11.68 and its 200-day simple moving average is $12.44. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.44 and a current ratio of 1.70.

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

Analysts Set New Price Targets

A number of analysts have issued reports on the company. BWS Financial reaffirmed a “buy” rating and issued a $16.00 target price on shares of Ecovyst in a report on Thursday, August 6th. Citigroup assumed coverage on shares of Ecovyst in a research note on Wednesday, June 24th. They set an “overweight” rating for the company. Wall Street Zen raised shares of Ecovyst from a “hold” rating to a “buy” rating in a research report on Sunday, August 16th. Weiss Ratings restated a “sell (d-)” rating on shares of Ecovyst in a research note on Monday, June 1st. Finally, Freedom Capital upgraded Ecovyst to a “strong-buy” rating in a research report on Monday, June 29th. One equities research 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’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target 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.