IngevityNGVT
About: Ingevity Corp is a chemical manufacturer based in the United States. It conducts its operations through three segments, namely Performance Chemicals, Advanced Polymer Technologies, and Performance Materials. The bulk of its revenue is generated by the Performance Chemicals segment which deals with the manufacture and sale of specialty chemicals that find their use in a range of processes such as asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, and publication inks. The Performance Materials segment, on the other hand, focuses on automotive carbon products used in automobiles. The Advanced Polymer Technologies segment produces caprolactone and caprolactone-based specialty polymers. The Company generates the majority of its revenue from North America.
Employees: 1,700
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
200% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 3 (+2) [Q3]
74% more call options, than puts
Call options by funds: $82K | Put options by funds: $47K
13% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 77
2.58% more ownership
Funds ownership: 96.51% [Q2] → 99.09% (+2.58%) [Q3]
2% less funds holding
Funds holding: 265 [Q2] → 260 (-5) [Q3]
8% less capital invested
Capital invested by funds: $1.53B [Q2] → $1.4B (-$128M) [Q3]
11% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 44
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
BMO Capital John McNulty 42% 1-year accuracy 20 / 48 met price target | 15%upside $47 | Market Perform Maintained | 31 Oct 2024 |
Financial journalist opinion
Based on 6 articles about NGVT published over the past 30 days
