Campbell & CO Investment Adviser LLC Invests $465,000 in Ecovyst Inc. $ECVT

Campbell & CO Investment Adviser LLC purchased a new stake in shares of Ecovyst Inc. (NYSE:ECVT) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 56,524 shares of the company’s stock, valued at approximately $465,000.

A number of other large investors also recently bought and sold shares of the stock. CWM LLC boosted its position in Ecovyst by 63.0% in the 2nd quarter. CWM LLC now owns 5,946 shares of the company’s stock worth $49,000 after purchasing an additional 2,298 shares in the last quarter. Parkside Financial Bank & Trust lifted its stake in shares of Ecovyst by 1,769.9% in the 2nd quarter. Parkside Financial Bank & Trust now owns 6,152 shares of the company’s stock valued at $51,000 after purchasing an additional 5,823 shares during the period. AlphaQuest LLC boosted its holdings in Ecovyst by 60.1% during the first quarter. AlphaQuest LLC now owns 9,042 shares of the company’s stock worth $56,000 after buying an additional 3,396 shares in the last quarter. Royce & Associates LP acquired a new stake in Ecovyst during the first quarter valued at $73,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Ecovyst during the first quarter valued at $78,000. 86.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on ECVT. BMO Capital Markets lifted their price target on Ecovyst from $10.00 to $14.00 and gave the company an “outperform” rating in a research note on Friday, September 12th. KeyCorp dropped their price objective on Ecovyst from $12.00 to $11.00 and set an “overweight” rating on the stock in a report on Monday, November 10th. BWS Financial restated a “buy” rating and issued a $12.00 price objective on shares of Ecovyst in a research report on Monday, November 10th. Weiss Ratings reiterated a “sell (d)” rating on shares of Ecovyst in a research report on Wednesday, October 8th. Finally, Wall Street Zen cut shares of Ecovyst from a “buy” rating to a “hold” rating in a research note on Sunday, October 19th. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $11.50.

Ecovyst Stock Performance

Shares of NYSE:ECVT opened at $8.58 on Friday. The company has a debt-to-equity ratio of 1.39, a current ratio of 2.25 and a quick ratio of 2.07. Ecovyst Inc. has a 1 year low of $5.24 and a 1 year high of $9.69. The firm has a market capitalization of $977.71 million, a PE ratio of -9.22, a P/E/G ratio of 3.65 and a beta of 1.25. The business’s 50 day moving average price is $8.60 and its 200-day moving average price is $8.33.

Ecovyst (NYSE:ECVT) last issued its earnings results on Tuesday, November 4th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.02). The business had revenue of $204.91 million during the quarter, compared to analyst estimates of $204.74 million. Ecovyst had a negative net margin of 14.34% and a positive return on equity of 8.93%. Ecovyst has set its FY 2025 guidance at EPS. As a group, equities research analysts expect that Ecovyst Inc. will post 0.44 earnings per share for the current fiscal year.

About Ecovyst

Ecovyst Inc offers specialty catalysts and services in the United States and internationally. The company operates in two segments, Ecoservices and Advanced Materials & Catalysts. The Ecoservices segment provides sulfuric acid recycling services and end-to-end logistics for production of alkylate for refineries; and virgin sulfuric acid for mining, water treatment, and industrial applications.