5 Best Small Cap Chemical Stocks to Buy

In this piece, we will take a look at the five best small cap chemical stocks to buy. If you want to find out why the chemical industry might soon become one of the most important in the world, then read 10 Best Small Cap Chemical Stocks to Buy.

5. Hawkins, Inc. (NASDAQ:HWKN)

Number of Hedge Fund Investors In Q3 2023: 18

Hawkins, Inc. (NASDAQ:HWKN) is a small Minnesota based company that sells food, water treatment, and other chemical products. The firm has beaten analyst ESP estimates in all four of its latest quarters, a fact also reflected in its share price which is up by 66% over the past 12 months.

By Q3 2023 end, 18 out of the 910 hedge funds covered by Insider Monkey’s research had bought Hawkins, Inc. (NASDAQ:HWKN)’s shares. Jim Simons’ Renaissance Technologies was the firm’s largest investor as it held a $5.6 million stake.

4. Ecovyst Inc. (NYSE:ECVT)

Number of Hedge Fund Investors In Q3 2023: 19

Ecovyst Inc. (NYSE:ECVT) is a diversified chemical company whose products deal with nitrogen emissions, sulfuric acid, and sulfur dioxide. It’s one of the strongest stocks on our list since the shares are rated Strong Buy on average and analysts have set an average share price target of $13.29.

During 2023’s September quarter, 19 out of the 910 hedge funds covered by Insider Monkey’s research had invested in Ecovyst Inc. (NYSE:ECVT).

3. Select Water Solutions, Inc. (NYSE:WTTR)

Number of Hedge Fund Investors In Q3 2023: 20

Select Water Solutions, Inc. (NYSE:WTTR) is a chemical company that caters to the needs of the oil and gas exploration and production industry. It sells chemicals used to produce oil and treat water. Amidst a slowdown that has seen Select Water Solutions, Inc. (NYSE:WTTR) miss analyst EPS estimates in all four of its latest quarters, the firm increased its dividend in November 2023 to satiate investors.

Insider Monkey’s third quarter of 2023 survey covering 910 hedge funds revealed that 20 were the firm’s shareholders. Select Water Solutions, Inc. (NYSE:WTTR)’s biggest stakeholder among these is Vadim Rubinchik’s Brightlight Capital courtesy of its $15.3 million investment.

2. Perimeter Solutions, SA (NYSE:PRM)

Number of Hedge Fund Investors In Q3 2023: 21

Perimeter Solutions, SA (NYSE:PRM) makes and sells fire fighting and lubrication chemicals. While fewer fires are typically good news all around, they did lead to the firm’s Fire Safety segment posting a 40% annual year to date revenue decline during the quarter ending in September 2023.

For the same time period, out of the 910 hedge funds part of Insider Monkey’s database, 21 had bought Perimeter Solutions, SA (NYSE:PRM)’s shares. Snehal Amin’s Windacre Partnership was the largest investor since it held $98 million worth of shares.

1. Orion S.A. (NYSE:OEC)

Number of Hedge Fund Investors In Q3 2023: 30

Orion S.A. (NYSE:OEC) is a specialized multinational company that sells carbon based chemicals used in applications such as printing. The firm has beaten analyst EPS estimates in all four of its latest quarters and the shares are rated Buy on average.

30 out of the 910 hedge funds covered by Insider Monkey’s research were the firm’s shareholders in Q3 2023. Orion S.A. (NYSE:OEC)’s biggest stakeholder among these is Richard S. Pzena’s Pzena Investment Management due to its $69 million stake.

Disclosure: None. You can also take a look at Farallon Capital: A Global and Diversified Hedge Fund and its Top Stock Picks and 30 Most Overweight and Obese Cities in the World.

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