Thompson Siegel & Walmsley LLC Purchases 462,317 Shares of Ecovyst Inc. (NYSE:ECVT)

Thompson Siegel & Walmsley LLC increased its holdings in Ecovyst Inc. (NYSE:ECVT - Free Report) by 26.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,192,113 shares of the company's stock after acquiring an additional 462,317 shares during the quarter. Thompson Siegel & Walmsley LLC owned about 1.88% of Ecovyst worth $15,016,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in ECVT. ProShare Advisors LLC boosted its stake in shares of Ecovyst by 8.5% during the 1st quarter. ProShare Advisors LLC now owns 16,635 shares of the company's stock valued at $185,000 after purchasing an additional 1,308 shares in the last quarter. Quarry LP lifted its holdings in Ecovyst by 61.2% in the second quarter. Quarry LP now owns 4,533 shares of the company's stock worth $41,000 after buying an additional 1,721 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in Ecovyst by 6.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 52,598 shares of the company's stock worth $587,000 after buying an additional 3,353 shares during the period. Innealta Capital LLC bought a new stake in Ecovyst during the 2nd quarter valued at approximately $35,000. Finally, CWM LLC grew its holdings in shares of Ecovyst by 6,920.7% during the 2nd quarter. CWM LLC now owns 4,072 shares of the company's stock worth $37,000 after acquiring an additional 4,014 shares during the period. 86.69% of the stock is owned by hedge funds and other institutional investors.

Ecovyst Stock Up 0.7 %

ECVT stock traded up $0.05 on Thursday, reaching $8.05. 888,867 shares of the company traded hands, compared to its average volume of 879,543. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.54 and a quick ratio of 2.06. The firm has a fifty day simple moving average of $6.97 and a 200-day simple moving average of $7.96. Ecovyst Inc. has a one year low of $6.02 and a one year high of $11.35. The company has a market cap of $938.41 million, a P/E ratio of 17.39, a price-to-earnings-growth ratio of 1.81 and a beta of 1.01.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ECVT. BWS Financial restated a "buy" rating and set a $12.00 price target on shares of Ecovyst in a research report on Friday, November 1st. BMO Capital Markets reduced their target price on shares of Ecovyst from $11.00 to $9.00 and set an "outperform" rating on the stock in a research report on Friday, November 1st. Finally, KeyCorp decreased their price target on shares of Ecovyst from $13.00 to $10.00 and set an "overweight" rating for the company in a research note on Monday, August 5th.

Ecovyst 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.