Y Intercept Hong Kong Ltd Invests $642,000 in Ecovyst Inc. $ECVT

Y Intercept Hong Kong Ltd purchased a new stake in Ecovyst Inc. (NYSE:ECVT) in the 1st quarter, according to its most recent disclosure with the SEC. The fund purchased 49,936 shares of the company’s stock, valued at approximately $642,000.

A number of other institutional investors have also modified their holdings of the business. OP Asset Management Ltd acquired a new stake in Ecovyst during the first quarter worth about $77,000. Russell Investments Group Ltd. acquired a new position in Ecovyst in the third quarter valued at approximately $87,000. Landscape Capital Management L.L.C. acquired a new position in Ecovyst in the third quarter valued at approximately $89,000. PharVision Advisers LLC bought a new position in shares of Ecovyst during the third quarter valued at approximately $101,000. Finally, CIBC Bancorp USA Inc. bought a new position in shares of Ecovyst during the third quarter valued at approximately $109,000. Institutional investors own 86.69% of the company’s stock.

Ecovyst Price Performance

NYSE ECVT opened at $11.92 on Tuesday. The company has a 50-day moving average price of $13.13 and a two-hundred day moving average price of $12.24. Ecovyst Inc. has a 52 week low of $7.41 and a 52 week high of $15.09. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of -21.68, a price-to-earnings-growth ratio of 0.55 and a beta of 1.10. The company has a current ratio of 2.38, a quick ratio of 2.13 and a debt-to-equity ratio of 0.68.

Ecovyst (NYSE:ECVT) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.04. The company had revenue of $214.95 million for the quarter, compared to analysts’ expectations of $191.07 million. Ecovyst had a positive return on equity of 11.58% and a negative net margin of 7.71%.The business’s revenue for the quarter was up 50.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.01 earnings per share. Ecovyst has set its FY 2026 guidance at 0.500-0.650 EPS. Analysts forecast that Ecovyst Inc. will post 0.56 EPS for the current year.

Analyst Ratings Changes

Several brokerages recently issued reports on ECVT. Wall Street Zen raised Ecovyst from a “buy” rating to a “strong-buy” rating in a report on Saturday, April 18th. Weiss Ratings restated a “sell (d-)” rating on shares of Ecovyst in a research note on Monday, June 1st. Citigroup started coverage on Ecovyst in a research report on Wednesday, June 24th. They issued an “overweight” rating on the stock. Finally, Freedom Capital upgraded Ecovyst to a “strong-buy” rating in a research note on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.90.

Ecovyst Company Profile

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.