Dockside LLC Invests $1.80 Million in Ecolab Inc. $ECL

Dockside LLC bought a new stake in Ecolab Inc. (NYSE:ECL) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 6,472 shares of the basic materials company’s stock, valued at approximately $1,803,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Wexford Capital LP purchased a new stake in shares of Ecolab during the 3rd quarter valued at $25,000. JPL Wealth Management LLC purchased a new stake in Ecolab during the third quarter valued at about $26,000. Costello Asset Management INC acquired a new stake in Ecolab during the first quarter worth about $27,000. Kemnay Advisory Services Inc. purchased a new position in shares of Ecolab in the 4th quarter worth about $27,000. Finally, Meeder Asset Management Inc. purchased a new position in shares of Ecolab in the 4th quarter worth about $29,000. Institutional investors and hedge funds own 74.91% of the company’s stock.

Ecolab Stock Up 0.0%

Shares of NYSE ECL opened at $276.28 on Friday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.57 and a current ratio of 1.84. Ecolab Inc. has a 1 year low of $243.15 and a 1 year high of $309.27. The stock’s 50-day simple moving average is $274.64 and its 200-day simple moving average is $273.80. The firm has a market cap of $77.45 billion, a price-to-earnings ratio of 37.09, a PEG ratio of 2.38 and a beta of 0.88.

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

Ecolab Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Tuesday, September 15th. Ecolab’s dividend payout ratio is 39.19%.

Insider Activity at Ecolab

In related news, EVP Benjamin M. Clark purchased 1,000 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The stock was acquired at an average price of $263.83 per share, for a total transaction of $263,830.00. Following the completion of the purchase, the executive vice president owned 1,083 shares in the company, valued at approximately $285,727.89. This represents a 1,204.82% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michel D. Doukeris bought 7,750 shares of the business’s stock in a transaction dated Wednesday, June 10th. The stock was bought at an average price of $258.00 per share, for a total transaction of $1,999,500.00. Following the purchase, the director owned 8,326 shares in the company, valued at approximately $2,148,108. This represents a 1,345.49% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.50% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on ECL shares. UBS Group reiterated a “buy” rating and set a $342.00 target price on shares of Ecolab in a report on Wednesday, July 29th. Jefferies Financial Group reduced their price target on shares of Ecolab from $352.00 to $345.00 and set a “buy” rating on the stock in a research report on Wednesday, May 20th. Royal Bank Of Canada reiterated an “outperform” rating and set a $337.00 price objective on shares of Ecolab in a research note on Tuesday, July 7th. Robert W. Baird set a $305.00 target price on shares of Ecolab in a research note on Wednesday, July 29th. Finally, Bank of America lifted their target price on shares of Ecolab from $337.00 to $345.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $327.56.

Ecolab Profile

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.