434,094 Shares in Ecovyst Inc. $ECVT Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC acquired a new stake in Ecovyst Inc. (NYSE:ECVT) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 434,094 shares of the company’s stock, valued at approximately $5,348,000.

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

Ecovyst Stock Down 0.5%

ECVT stock opened at $10.10 on Friday. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.70 and a quick ratio of 1.44. The company’s 50 day simple moving average is $11.57 and its 200-day simple moving average is $12.42. Ecovyst Inc. has a 12 month low of $7.41 and a 12 month high of $15.09. The firm has a market capitalization of $1.11 billion, a PE ratio of -19.06, a P/E/G ratio of 0.44 and a beta of 1.10.

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 firm had revenue of $249.96 million for the quarter, compared to analyst estimates of $237.54 million. Ecovyst had a positive return on equity of 13.83% and a negative net margin of 7.05%.Ecovyst’s revenue was up 24.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.12 EPS. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. Equities analysts expect that Ecovyst Inc. will post 0.6 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ECVT. Freedom Capital upgraded Ecovyst to a “strong-buy” rating in a report on Monday, June 29th. Citigroup initiated coverage on Ecovyst in a research report on Wednesday, June 24th. They set an “overweight” rating on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of Ecovyst in a research report on Monday, June 1st. BWS Financial restated a “buy” rating and issued a $16.00 price target on shares of Ecovyst in a research report on Thursday, August 6th. Finally, Wall Street Zen raised Ecovyst from a “hold” rating to a “buy” rating in a research note on Sunday, August 16th. One equities research 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 company. According to data from MarketBeat, Ecovyst 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.