Wisconsin Wealth Advisors LLC bought a new position in Ecolab Inc. (NYSE:ECL – Free Report) in the 2nd quarter, according to its most recent disclosure with the SEC. The firm bought 750 shares of the basic materials company’s stock, valued at approximately $202,000.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Saudi Central Bank bought a new position in shares of Ecolab in the 1st quarter worth about $25,000. Financial Connections Group Inc. bought a new stake in Ecolab in the second quarter worth $26,000. J.Safra Asset Management Corp raised its position in shares of Ecolab by 202.6% in the 2nd quarter. J.Safra Asset Management Corp now owns 115 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 77 shares during the last quarter. Ridgewood Investments LLC boosted its stake in Ecolab by 70.6% in the 1st quarter. Ridgewood Investments LLC now owns 145 shares of the basic materials company’s stock worth $37,000 after purchasing an additional 60 shares in the last quarter. Finally, Capital Analysts LLC purchased a new stake in Ecolab during the 1st quarter valued at about $40,000. Hedge funds and other institutional investors own 74.91% of the company’s stock.
Wall Street Analysts Forecast Growth
ECL has been the topic of several analyst reports. Baird R W upgraded shares of Ecolab from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 30th. BMO Capital Markets set a $307.00 price objective on Ecolab and gave the company an “outperform” rating in a research report on Thursday, October 30th. Wells Fargo & Company lifted their target price on Ecolab from $260.00 to $270.00 and gave the stock an “equal weight” rating in a report on Monday, October 27th. UBS Group dropped their price target on shares of Ecolab from $299.00 to $291.00 and set a “neutral” rating for the company in a research report on Friday, October 31st. Finally, Barclays boosted their price target on shares of Ecolab from $275.00 to $300.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 29th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Ecolab has an average rating of “Moderate Buy” and an average target price of $295.14.
Ecolab Stock Performance
Ecolab stock opened at $261.35 on Thursday. Ecolab Inc. has a 1-year low of $221.62 and a 1-year high of $286.04. The company’s 50-day moving average is $267.91 and its 200 day moving average is $267.91. The firm has a market capitalization of $74.02 billion, a P/E ratio of 37.53, a price-to-earnings-growth ratio of 2.65 and a beta of 1.07. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.70 and a quick ratio of 1.12.
Ecolab (NYSE:ECL – Get Free Report) last posted its quarterly earnings results on Tuesday, October 28th. The basic materials company reported $2.07 EPS for the quarter, hitting analysts’ consensus estimates of $2.07. The firm had revenue of $4.17 billion for the quarter, compared to analysts’ expectations of $4.12 billion. Ecolab had a net margin of 12.49% and a return on equity of 22.55%. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the prior year, the business posted $2.57 earnings per share. Ecolab has set its Q4 2025 guidance at 2.020-2.120 EPS. FY 2025 guidance at 7.480-7.580 EPS. Research analysts forecast that Ecolab Inc. will post 7.54 EPS for the current year.
Insider Transactions at Ecolab
In other Ecolab news, CEO Christophe Beck sold 21,714 shares of the business’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $261.41, for a total value of $5,676,256.74. Following the completion of the transaction, the chief executive officer directly owned 72,644 shares in the company, valued at approximately $18,989,868.04. The trade was a 23.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.50% of the stock is owned by company insiders.
About Ecolab
Ecolab Inc provides water, hygiene, and infection prevention solutions and services in the United States and internationally. The company operates through three segments: Global Industrial; Global Institutional & Specialty; and Global Healthcare & Life Sciences. The Global Industrial segment offers water treatment and process applications, and cleaning and sanitizing solutions to manufacturing, food and beverage processing, transportation, chemical, metals and mining, power generation, pulp and paper, commercial laundry, petroleum, refining, and petrochemical industries.
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