Ecovyst Inc. $ECVT Shares Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC boosted its stake in Ecovyst Inc. (NYSE:ECVT) by 33.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 306,700 shares of the company’s stock after buying an additional 76,600 shares during the period. Renaissance Technologies LLC owned approximately 0.28% of Ecovyst worth $3,944,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in shares of Ecovyst by 1.8% during the fourth 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. Rubric Capital Management LP lifted its holdings 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 acquiring an additional 100,000 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Ecovyst by 1.7% during the 1st 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. Arrowstreet Capital Limited Partnership boosted its position in shares of Ecovyst by 246.6% during the 1st 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. Finally, Oaktree Capital Management LP increased its holdings in Ecovyst by 48.8% in the 4th quarter. Oaktree Capital Management LP now owns 4,254,503 shares of the company’s stock valued at $41,396,000 after purchasing an additional 1,395,481 shares during the last quarter. Institutional investors and hedge funds own 86.69% of the company’s stock.

Ecovyst Price Performance

Shares of ECVT opened at $10.34 on Friday. The company has a market cap of $1.13 billion, a P/E ratio of -19.50, a PEG ratio of 0.51 and a beta of 1.10. Ecovyst Inc. has a fifty-two week low of $7.41 and a fifty-two week high of $15.09. The company has a quick ratio of 2.13, a current ratio of 2.38 and a debt-to-equity ratio of 0.68. The firm’s 50 day moving average price is $12.38 and its 200 day moving average price is $12.49.

Ecovyst (NYSE:ECVT) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.19 by $0.02. The company had revenue of $249.95 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 13.78%. The firm’s revenue was up 24.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.12 EPS. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. On average, research analysts forecast that Ecovyst Inc. will post 0.56 earnings per share for the current fiscal year.

Analyst Ratings Changes

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