BSW Wealth Partners purchased a new stake in Ecolab Inc. (NYSE:ECL – Free Report) during the 2nd quarter, Holdings Channel reports. The firm purchased 954 shares of the basic materials company’s stock, valued at approximately $257,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Nemes Rush Group LLC raised its holdings in shares of Ecolab by 6.6% in the first quarter. Nemes Rush Group LLC now owns 42,899 shares of the basic materials company’s stock worth $10,876,000 after acquiring an additional 2,651 shares during the last quarter. University of Texas Texas AM Investment Management Co. increased its position in Ecolab by 32.4% during the 1st quarter. University of Texas Texas AM Investment Management Co. now owns 14,005 shares of the basic materials company’s stock worth $3,551,000 after purchasing an additional 3,428 shares in the last quarter. Miracle Mile Advisors LLC raised its stake in Ecolab by 15.6% in the 1st quarter. Miracle Mile Advisors LLC now owns 5,576 shares of the basic materials company’s stock valued at $1,414,000 after purchasing an additional 754 shares during the last quarter. Mirabaud & Cie SA lifted its holdings in Ecolab by 1.1% in the 1st quarter. Mirabaud & Cie SA now owns 5,092 shares of the basic materials company’s stock valued at $1,291,000 after purchasing an additional 55 shares in the last quarter. Finally, Modern Wealth Management LLC acquired a new stake in shares of Ecolab during the 1st quarter worth about $284,000. Hedge funds and other institutional investors own 74.91% of the company’s stock.
Analysts Set New Price Targets
ECL has been the subject of a number of analyst reports. BMO Capital Markets boosted their price objective on shares of Ecolab from $307.00 to $310.00 and gave the company an “outperform” rating in a research report on Monday, September 8th. Raymond James Financial started coverage on Ecolab in a report on Tuesday, August 26th. They issued a “market perform” rating for the company. Oppenheimer raised Ecolab to an “outperform” rating in a research note on Wednesday, July 30th. Baird R W raised Ecolab from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 30th. Finally, Citigroup reduced their target price on Ecolab from $320.00 to $315.00 and set a “buy” rating on the stock in a research report on Wednesday, July 30th. Three analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $292.00.
Ecolab Price Performance
Shares of Ecolab stock opened at $273.81 on Friday. The business’s fifty day moving average price is $272.59 and its 200 day moving average price is $261.96. Ecolab Inc. has a twelve month low of $221.62 and a twelve month high of $286.04. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $77.66 billion, a P/E ratio of 36.56, a PEG ratio of 2.77 and a beta of 1.09.
Ecolab (NYSE:ECL – Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The basic materials company reported $1.89 EPS for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.01). The firm had revenue of $4.03 billion during the quarter, compared to analysts’ expectations of $4.03 billion. Ecolab had a return on equity of 22.52% and a net margin of 13.59%. Ecolab has set its Q3 2025 guidance at 2.020-2.120 EPS. FY 2025 guidance at 7.420-7.620 EPS. As a group, research analysts anticipate that Ecolab Inc. will post 7.54 earnings per share for the current year.
Ecolab Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 16th will be given a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, September 16th. Ecolab’s payout ratio is 34.71%.
Insiders Place Their Bets
In other news, SVP Jennifer J. Bradway sold 807 shares of the stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $279.28, for a total value of $225,378.96. Following the completion of the sale, the senior vice president owned 4,326 shares of the company’s stock, valued at $1,208,165.28. This represents a 15.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Suzanne M. Vautrinot sold 1,354 shares of Ecolab stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $283.16, for a total transaction of $383,398.64. Following the transaction, the director owned 11,199 shares in the company, valued at $3,171,108.84. The trade was a 10.79% decrease in their position. The disclosure for this sale can be found here. 0.04% of the stock is owned by insiders.
Ecolab Profile
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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