Notis McConarty Edward Buys New Holdings in Ecolab Inc. $ECL

Notis McConarty Edward purchased a new position in Ecolab Inc. (NYSE:ECL) in the second quarter, Holdings Channel reports. The fund purchased 2,430 shares of the basic materials company’s stock, valued at approximately $677,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ECL. Wexford Capital LP purchased a new stake in shares of Ecolab in the 3rd quarter valued at approximately $25,000. JPL Wealth Management LLC purchased a new stake in shares of Ecolab during the 3rd quarter worth $26,000. Costello Asset Management INC acquired a new position in shares of Ecolab during the first quarter worth $27,000. Kemnay Advisory Services Inc. acquired a new position in shares of Ecolab during the fourth quarter worth $27,000. Finally, J.Safra Asset Management Corp purchased a new position in Ecolab in the second quarter valued at $28,000. Institutional investors and hedge funds own 74.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. JPMorgan Chase & Co. raised their price target on Ecolab from $295.00 to $305.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. BMO Capital Markets upped their price objective on Ecolab from $345.00 to $360.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Robert W. Baird set a $305.00 price objective on Ecolab in a report on Wednesday, July 29th. Wells Fargo & Company raised their target price on Ecolab from $275.00 to $295.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 30th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on Ecolab from $325.00 to $335.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $327.56.

Ecolab Price Performance

Shares of NYSE:ECL opened at $285.28 on Thursday. The company’s fifty day moving average price is $275.91 and its 200 day moving average price is $273.68. Ecolab Inc. has a 12 month low of $243.15 and a 12 month high of $309.27. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.84 and a quick ratio of 1.57. The firm has a market capitalization of $79.97 billion, a P/E ratio of 38.29, a P/E/G ratio of 2.42 and a beta of 0.88.

Ecolab (NYSE:ECL) last released its quarterly earnings data on Tuesday, July 28th. The basic materials company reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.08 by $0.01. The company had revenue of $4.42 billion during the quarter, compared to the consensus estimate of $4.38 billion. Ecolab had a net margin of 12.57% and a return on equity of 22.72%. Ecolab’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.89 earnings per share. Ecolab has set its Q3 2026 guidance at 2.130-2.230 EPS. As a group, sell-side analysts predict that Ecolab Inc. will post 8.17 earnings per share for the current fiscal year.

Ecolab Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 15th will be given a $0.73 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.0%. Ecolab’s dividend payout ratio is 39.19%.

Insider Transactions at Ecolab

In related news, Director Suzanne M. Vautrinot sold 1,004 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $264.98, for a total transaction of $266,039.92. Following the transaction, the director owned 11,651 shares in the company, valued at $3,087,281.98. This trade represents a 7.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Benjamin M. Clark purchased 1,000 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were purchased at an average cost of $263.83 per share, for a total transaction of $263,830.00. Following the transaction, the executive vice president owned 1,083 shares of the company’s stock, valued at $285,727.89. This trade represents a 1,204.82% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.50% of the stock is owned by insiders.

About Ecolab

Ecolab, Inc is a global provider of water, hygiene and infection prevention solutions and services. The company develops and supplies cleaning and sanitizing chemicals, dispensing equipment, water-treatment systems, pest elimination services and related technologies designed to help businesses maintain clean, safe and efficient operations. Its offerings span both products and onsite services, often paired with technical support and training.

Ecolab serves a broad range of end markets including hospitality and foodservice, food and beverage processing, healthcare, manufacturing and industrial operations, and energy and utilities.