Man Group plc Makes New $1.73 Million Investment in Ecovyst Inc. $ECVT

Man Group plc purchased a new position in shares of Ecovyst Inc. (NYSE:ECVT) in the 2nd quarter, Holdings Channel reports. The firm purchased 138,801 shares of the company’s stock, valued at approximately $1,728,000.

Other institutional investors have also made changes to their positions in the company. OP Asset Management Ltd acquired a new position in Ecovyst during the first quarter worth $77,000. State of Wyoming acquired a new position in shares of Ecovyst during the 1st quarter worth about $80,000. Russell Investments Group Ltd. bought a new position in shares of Ecovyst in the 3rd quarter valued at about $87,000. Landscape Capital Management L.L.C. bought a new position in shares of Ecovyst in the 3rd 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.

Analyst Upgrades and Downgrades

ECVT has been the subject of several recent research reports. Citigroup started coverage on Ecovyst in a research report on Wednesday, June 24th. They set an “overweight” rating for the company. Freedom Capital upgraded Ecovyst to a “strong-buy” rating in a research note on Monday, June 29th. Wall Street Zen raised Ecovyst from a “hold” rating to a “buy” rating in a report on Sunday, August 16th. Weiss Ratings reissued a “sell (d-)” rating on shares of Ecovyst in a research note on Thursday, August 27th. Finally, BWS Financial restated a “buy” rating and set a $16.00 target price on shares of Ecovyst in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $14.50.

Ecovyst Stock Performance

Shares of NYSE ECVT opened at $10.12 on Wednesday. The company has a current ratio of 1.70, a quick ratio of 1.44 and a debt-to-equity ratio of 0.84. The company has a market capitalization of $1.11 billion, a P/E ratio of -19.09, a P/E/G ratio of 0.44 and a beta of 1.07. Ecovyst Inc. has a 12 month low of $7.41 and a 12 month high of $15.09. The stock has a 50 day moving average of $11.46 and a 200-day moving average of $12.41.

Ecovyst (NYSE:ECVT) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.02. The firm had revenue of $249.96 million for 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%. The business’s revenue was up 24.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.12 EPS. Ecovyst has set its FY 2026 guidance at 0.580-0.720 EPS. As a group, equities research analysts predict that Ecovyst Inc. will post 0.6 EPS for the current year.

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.