Ingevity Corporation (NGVT)

In the past six months, Ingevity's stock price increased by 27%, reaching a new 52-week high. Ingevity completed the sale of its North Charleston Crude Tall Oil refinery assets and the majority of its Performance Chemicals Industrial Specialties product line to Mainstream Pine Products, LLC. Ingevity announced plans to explore strategic alternatives for its Advanced Polymer Technologies segment and the Road Markings business. Key leadership changes were announced, including Mary Dean Hall's transition from CFO to be succeeded by Phillip J. Platt. CHASM and Ingevity expanded their partnership through a license agreement. Ingevity reported its Q3 2025 earnings per share (EPS) of $1.31, exceeding analysts' expectations. BMO Capital raised its price target for Ingevity to $70, maintaining an Outperform rating.

Demand for Ingevity's products experiences some seasonality, particularly within its Performance Chemicals segment. The "Road Technologies" product line experienced decreased sales due to adverse weather conditions in Q4 2024. The automotive industry, a key market for Performance Materials, can also experience seasonal fluctuations in production and sales. Ingevity's Performance Materials segment saw increased demand for advanced solutions in fuel-efficient vehicles.

Ingevity Corporation is a global manufacturer of specialty chemicals and high-performance carbon materials, operating in the Industrials sector within the Major Chemicals industry. Founded in 1964 and spun off from WestRock Company in 2016, Ingevity is headquartered in North Charleston, South Carolina. The company operates through three segments: Performance Materials, focusing on carbon products for emission control and purification; Performance Chemicals, including pavement technologies and industrial specialties; and Advanced Polymer Technologies, featuring caprolactone polymers for bioplastics.

Ingevity has a significant global presence, operating in over 31 countries with manufacturing facilities in the United States, China, and the United Kingdom. The company has a global network of warehouse and distribution facilities. Its corporate headquarters and technical centers are located in North Charleston, South Carolina, USA. Ingevity also maintains offices and facilities across North America, the Asia Pacific, Europe, the Middle East, Africa, and South America.

Ingevity has maintained a positive brand reputation over the past year, particularly in its commitment to sustainability and corporate responsibility. Ingevity was named one of "America's Most Responsible Companies of 2025" by Newsweek magazine for the third consecutive year. The company published its 2024 Sustainability Report, emphasizing its transformative technologies and products designed for sustainable solutions. Ingevity reached the American Chemistry Council's (ACC) top-quartile safety performance rating. The company expanded its International Sustainability & Carbon Certification (ISCC+) to cover all Capa® product lines. Ingevity achieved a 700-hour increase in volunteer hours.

Ingevity Corporation has significant institutional ownership, with 587 institutional owners and shareholders holding a total of 47,310,172 shares. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., and iShares Core S&P Small-Cap ETF (IJR).