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: 1,600
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
23% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 75
6% more capital invested
Capital invested by funds: $1.4B [Q3] → $1.49B (+$87.3M) [Q4]
1.58% more ownership
Funds ownership: 99.07% [Q3] → 100.66% (+1.58%) [Q4]
3% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 33
2% less funds holding
Funds holding: 260 [Q3] → 255 (-5) [Q4]
32% less call options, than puts
Call options by funds: $77K | Put options by funds: $114K
33% less funds holding in top 10
Funds holding in top 10: 3 [Q3] → 2 (-1) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Wells Fargo Michael Sison 21% 1-year accuracy 11 / 53 met price target | 3%upside $32 | Equal-Weight Maintained | 9 Apr 2025 |
BMO Capital John McNulty 20% 1-year accuracy 9 / 46 met price target | 109%upside $65 | Outperform Upgraded | 26 Feb 2025 |
Financial journalist opinion
