Boston Partners Has $35.47 Million Position in Ecovyst Inc. (NYSE:ECVT)

Boston Partners trimmed its holdings in shares of Ecovyst Inc. (NYSE:ECVT - Free Report) by 10.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,660,812 shares of the company's stock after selling 440,733 shares during the period. Boston Partners owned approximately 3.15% of Ecovyst worth $35,474,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its position in Ecovyst by 11.7% in the 3rd quarter. Vanguard Group Inc. now owns 10,795,380 shares of the company's stock worth $106,227,000 after purchasing an additional 1,128,473 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Ecovyst by 4.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,824,212 shares of the company's stock valued at $56,904,000 after buying an additional 266,615 shares in the last quarter. William Blair Investment Management LLC increased its holdings in Ecovyst by 4.0% in the third quarter. William Blair Investment Management LLC now owns 3,370,609 shares of the company's stock valued at $33,167,000 after buying an additional 130,210 shares in the last quarter. Victory Capital Management Inc. raised its position in shares of Ecovyst by 29.1% in the third quarter. Victory Capital Management Inc. now owns 3,293,164 shares of the company's stock worth $32,405,000 after acquiring an additional 742,496 shares during the period. Finally, Cove Street Capital LLC boosted its stake in shares of Ecovyst by 6.6% during the 3rd quarter. Cove Street Capital LLC now owns 1,971,344 shares of the company's stock worth $19,280,000 after acquiring an additional 122,409 shares in the last quarter. 86.69% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on ECVT shares. BWS Financial reiterated a "buy" rating and set a $18.00 price target on shares of Ecovyst in a research report on Friday, May 3rd. Citigroup boosted their price target on shares of Ecovyst from $11.50 to $13.00 and gave the stock a "buy" rating in a report on Wednesday, April 10th.

Insider Buying and Selling at Ecovyst

In other news, Director Susan F. Ward sold 24,436 shares of the stock in a transaction that occurred on Friday, March 22nd. The shares were sold at an average price of $10.28, for a total value of $251,202.08. Following the completion of the sale, the director now owns 67,587 shares of the company's stock, valued at approximately $694,794.36. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.59% of the stock is owned by company insiders.

Ecovyst Price Performance

NYSE ECVT traded up $0.02 during mid-day trading on Wednesday, hitting $9.59. The stock had a trading volume of 542,444 shares, compared to its average volume of 738,640. Ecovyst Inc. has a twelve month low of $8.26 and a twelve month high of $12.35. The company has a debt-to-equity ratio of 1.21, a current ratio of 2.50 and a quick ratio of 2.01. The firm's 50 day moving average is $10.00 and its 200 day moving average is $9.65. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of 15.22, a PEG ratio of 0.53 and a beta of 1.05.

Ecovyst (NYSE:ECVT - Get Free Report) last released its quarterly earnings data on Wednesday, February 28th. The company reported $0.22 EPS for the quarter, missing analysts' consensus estimates of $0.23 by ($0.01). The business had revenue of $172.80 million during the quarter, compared to analyst estimates of $168.31 million. Ecovyst had a net margin of 10.70% and a return on equity of 10.83%. The firm's revenue was down 5.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.23 EPS. Equities research analysts forecast that Ecovyst Inc. will post 0.76 earnings per share for the current fiscal year.

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.