Ecovyst Inc. (NYSE:ECVT) Stake Boosted by Boston Partners

Boston Partners grew its holdings in Ecovyst Inc. (NYSE:ECVT - Free Report) by 30.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,401,811 shares of the company's stock after buying an additional 557,249 shares during the quarter. Boston Partners owned 2.06% of Ecovyst worth $18,405,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hotchkis & Wiley Capital Management LLC grew its position in shares of Ecovyst by 27.3% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 12,852,925 shares of the company's stock valued at $88,043,000 after purchasing an additional 2,753,470 shares in the last quarter. William Blair Investment Management LLC grew its holdings in shares of Ecovyst by 1.9% in the fourth quarter. William Blair Investment Management LLC now owns 3,601,346 shares of the company's stock valued at $27,514,000 after purchasing an additional 67,338 shares in the last quarter. Geode Capital Management LLC increased its stake in Ecovyst by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 2,535,792 shares of the company's stock worth $17,374,000 after buying an additional 55,884 shares during the period. State Street Corp lifted its holdings in Ecovyst by 1.4% during the 3rd quarter. State Street Corp now owns 2,426,509 shares of the company's stock worth $16,622,000 after buying an additional 33,292 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC boosted its position in Ecovyst by 26.7% in the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 2,192,113 shares of the company's stock valued at $15,016,000 after buying an additional 462,317 shares during the period. Hedge funds and other institutional investors own 86.69% of the company's stock.

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Analyst Ratings Changes

ECVT has been the topic of a number of analyst reports. BWS Financial reaffirmed a "buy" rating and issued a $12.00 price target on shares of Ecovyst in a research report on Friday, February 28th. Citigroup boosted their target price on Ecovyst from $8.00 to $9.00 and gave the company a "buy" rating in a report on Wednesday, December 18th. Finally, BMO Capital Markets decreased their price target on shares of Ecovyst from $11.00 to $9.00 and set an "outperform" rating for the company in a research note on Monday, March 3rd.

Ecovyst Trading Down 0.6 %

Shares of ECVT traded down $0.04 on Tuesday, hitting $6.36. 1,414,278 shares of the stock traded hands, compared to its average volume of 876,193. The stock's 50 day moving average is $7.51 and its two-hundred day moving average is $7.36. The company has a quick ratio of 2.06, a current ratio of 2.54 and a debt-to-equity ratio of 1.17. Ecovyst Inc. has a 1 year low of $6.02 and a 1 year high of $11.35. The firm has a market capitalization of $746.45 million, a P/E ratio of 13.83, a P/E/G ratio of 1.04 and a beta of 1.04.

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.