Ecovyst Inc. (NYSE:ECVT) Stock Holdings Lifted by Boston Partners

Boston Partners raised its stake in Ecovyst Inc. (NYSE:ECVT) by 30.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,401,811 shares of the company’s stock after acquiring an additional 557,249 shares during the period. Boston Partners’ holdings in Ecovyst were worth $18,405,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Barclays PLC boosted its position in Ecovyst by 198.1% during the 3rd quarter. Barclays PLC now owns 178,032 shares of the company’s stock valued at $1,220,000 after purchasing an additional 118,303 shares during the period. Empowered Funds LLC bought a new position in shares of Ecovyst during the third quarter worth about $2,087,000. Harbor Capital Advisors Inc. increased its holdings in shares of Ecovyst by 13.9% in the 4th quarter. Harbor Capital Advisors Inc. now owns 2,000,444 shares of the company’s stock worth $15,283,000 after acquiring an additional 244,081 shares during the period. Proficio Capital Partners LLC bought a new stake in Ecovyst in the 4th quarter valued at about $139,000. Finally, State Street Corp boosted its stake in Ecovyst by 1.4% during the 3rd quarter. State Street Corp now owns 2,426,509 shares of the company’s stock valued at $16,622,000 after purchasing an additional 33,292 shares during the period. 86.69% of the stock is owned by institutional investors.

Ecovyst Stock Down 5.0 %

ECVT opened at $6.59 on Friday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.06 and a current ratio of 2.54. The company has a market capitalization of $772.86 million, a PE ratio of 14.32, a P/E/G ratio of 1.04 and a beta of 1.04. The stock’s fifty day moving average is $7.56 and its 200-day moving average is $7.36. Ecovyst Inc. has a one year low of $6.02 and a one year high of $11.35.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on ECVT shares. BMO Capital Markets dropped their price target on shares of Ecovyst from $11.00 to $9.00 and set an “outperform” rating on the stock in a research note on Monday, March 3rd. BWS Financial restated a “buy” rating and issued a $12.00 target price on shares of Ecovyst in a research report on Friday, February 28th. Finally, Citigroup boosted their price target on Ecovyst from $8.00 to $9.00 and gave the stock a “buy” rating in a research report on Wednesday, December 18th.

Ecovyst Company Profile

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.