Renaissance Technologies LLC Decreases Stock Holdings in PureCycle Technologies, Inc. $PCT

Posted by Brenda Bartman on Aug 16th, 2026

Renaissance Technologies LLC trimmed its stake in shares of PureCycle Technologies, Inc. (NASDAQ:PCT – Free Report) by 63.6% in the 1st quarter, Holdings Channel reports. The firm owned 145,800 shares of the company’s stock after selling 254,800 shares during the period. Renaissance Technologies LLC’s holdings in PureCycle Technologies were worth $757,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PCT. Larson Financial Group LLC raised its stake in PureCycle Technologies by 6,571.8% during the 3rd quarter. Larson Financial Group LLC now owns 2,602 shares of the company’s stock valued at $34,000 after buying an additional 2,563 shares during the last quarter. Advisory Services Network LLC purchased a new position in shares of PureCycle Technologies in the 3rd quarter worth $35,000. SHP Wealth Management purchased a new position in shares of PureCycle Technologies in the 4th quarter worth $43,000. Cassaday & Co Wealth Management LLC bought a new stake in shares of PureCycle Technologies in the first quarter worth $33,000. Finally, Farther Finance Advisors LLC grew its holdings in shares of PureCycle Technologies by 3,047.8% in the fourth quarter. Farther Finance Advisors LLC now owns 9,160 shares of the company’s stock worth $79,000 after acquiring an additional 8,869 shares during the period. Institutional investors own 63.01% of the company’s stock.

PureCycle Technologies Stock Down 0.7%

PCT stock opened at $6.95 on Friday. PureCycle Technologies, Inc. has a twelve month low of $4.93 and a twelve month high of $15.49. The company has a quick ratio of 2.42, a current ratio of 2.60 and a debt-to-equity ratio of 27.37. The stock has a market cap of $1.40 billion, a P/E ratio of -4.76 and a beta of 2.57. The business’s 50-day moving average price is $7.50 and its 200-day moving average price is $8.04.

PureCycle Technologies (NASDAQ:PCT – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported ($0.80) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.29) by ($0.51). PureCycle Technologies had a negative return on equity of 612.39% and a negative net margin of 1,618.84%.The firm had revenue of $4.51 million during the quarter, compared to analysts’ expectations of $6.11 million. On average, equities research analysts forecast that PureCycle Technologies, Inc. will post -0.9 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Alembic Global Advisors set a $16.00 price objective on PureCycle Technologies in a research report on Tuesday, June 16th. Wall Street Zen cut PureCycle Technologies from a “sell” rating to a “strong sell” rating in a research report on Sunday, May 10th. TD Cowen reduced their price target on shares of PureCycle Technologies from $7.00 to $6.00 and set a “hold” rating for the company in a research report on Friday, May 8th. Cantor Fitzgerald lowered their price objective on shares of PureCycle Technologies from $14.00 to $12.00 and set an “overweight” rating on the stock in a research note on Friday, August 7th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of PureCycle Technologies in a research note on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $11.75.

Get Our Latest Analysis on PCT

PureCycle Technologies Company Profile

(Free Report)

PureCycle Technologies, Inc operates as a recycling technology company focused on restoring waste polypropylene to a “virgin-like” state through a proprietary purification process licensed from Procter & Gamble. The company develops, owns and operates recycling facilities that convert used polypropylene feedstock—such as packaging and industrial plastics—into ultra‐pure recycled resin. This resin, known as Qualified Recycled Polymer (QRP), is designed to meet stringent quality specifications for applications in packaging, consumer goods and industrial products.

Headquartered in Orlando, Florida, PureCycle was established with technology development efforts dating back to licensing agreements in the mid-2010s and later spun off as a publicly traded entity in 2021.