Ecolab Inc. $ECL Stake Boosted by High Note Wealth LLC

High Note Wealth LLC grew its holdings in shares of Ecolab Inc. (NYSE:ECLFree Report) by 11.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,130 shares of the basic materials company’s stock after buying an additional 312 shares during the period. High Note Wealth LLC’s holdings in Ecolab were worth $843,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of ECL. Shell Asset Management Co. raised its stake in shares of Ecolab by 20.3% during the second quarter. Shell Asset Management Co. now owns 9,900 shares of the basic materials company’s stock valued at $2,667,000 after purchasing an additional 1,670 shares in the last quarter. KLP Kapitalforvaltning AS grew its position in Ecolab by 2.5% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 115,780 shares of the basic materials company’s stock valued at $31,260,000 after buying an additional 2,800 shares in the last quarter. Country Club Bank increased its stake in Ecolab by 3.6% during the 2nd quarter. Country Club Bank now owns 2,073 shares of the basic materials company’s stock valued at $554,000 after buying an additional 72 shares during the period. Capital Advisors Inc. OK increased its stake in Ecolab by 3.2% during the 2nd quarter. Capital Advisors Inc. OK now owns 153,291 shares of the basic materials company’s stock valued at $41,303,000 after buying an additional 4,701 shares during the period. Finally, Valley National Advisers Inc. raised its position in shares of Ecolab by 83.5% during the 2nd quarter. Valley National Advisers Inc. now owns 378 shares of the basic materials company’s stock worth $101,000 after buying an additional 172 shares in the last quarter. Institutional investors own 74.91% of the company’s stock.

Ecolab Price Performance

Shares of NYSE:ECL opened at $279.60 on Tuesday. The firm has a market capitalization of $79.30 billion, a PE ratio of 37.33, a PEG ratio of 2.84 and a beta of 1.09. 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 business’s 50 day moving average is $272.87 and its 200-day moving average is $262.45. Ecolab Inc. has a 1-year low of $221.62 and a 1-year high of $286.04.

Ecolab (NYSE:ECLGet Free Report) last released its quarterly earnings data on Tuesday, July 29th. The basic materials company reported $1.89 earnings per share for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.01). The company had revenue of $4.03 billion for the quarter, compared to analyst estimates of $4.03 billion. Ecolab had a net margin of 13.59% and a return on equity of 22.52%. Ecolab has set its Q3 2025 guidance at 2.020-2.120 EPS. FY 2025 guidance at 7.420-7.620 EPS. Sell-side analysts predict that Ecolab Inc. will post 7.54 earnings per share for the current year.

Ecolab Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 16th will be given a dividend of $0.65 per share. The ex-dividend date is Tuesday, September 16th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.9%. Ecolab’s dividend payout ratio (DPR) is 34.71%.

Analyst Ratings Changes

A number of research analysts recently commented on ECL shares. Oppenheimer upgraded shares of Ecolab to an “outperform” rating in a research note on Wednesday, July 30th. Raymond James Financial initiated coverage on Ecolab in a research report on Tuesday, August 26th. They set a “market perform” rating on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ecolab in a research note on Saturday, September 27th. Citigroup reissued a “buy” rating on shares of Ecolab in a research note on Monday. Finally, Mizuho lifted their price target on Ecolab from $285.00 to $305.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 15th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $292.29.

Read Our Latest Stock Report on ECL

Insider Activity at Ecolab

In other Ecolab news, Director Suzanne M. Vautrinot sold 1,354 shares of the business’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $283.16, for a total value of $383,398.64. Following the transaction, the director directly owned 11,199 shares in the company, valued at $3,171,108.84. The trade was a 10.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director David Maclennan bought 600 shares of Ecolab stock in a transaction dated Wednesday, August 13th. The stock was acquired at an average cost of $278.51 per share, for a total transaction of $167,106.00. Following the completion of the acquisition, the director directly owned 20,253 shares in the company, valued at $5,640,663.03. This represents a 3.05% increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.50% of the stock is currently owned by insiders.

Ecolab Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Ecolab (NYSE:ECL)

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