Envestnet Portfolio Solutions Inc. Has $3.19 Million Stake in Ecolab Inc. $ECL

Envestnet Portfolio Solutions Inc. decreased its position in Ecolab Inc. (NYSE:ECLFree Report) by 22.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,849 shares of the basic materials company’s stock after selling 3,475 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Ecolab were worth $3,193,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wedmont Private Capital boosted its holdings in Ecolab by 1.3% in the 2nd quarter. Wedmont Private Capital now owns 3,000 shares of the basic materials company’s stock worth $805,000 after buying an additional 39 shares during the period. Eads & Heald Wealth Management boosted its holdings in Ecolab by 0.5% in the 2nd quarter. Eads & Heald Wealth Management now owns 7,534 shares of the basic materials company’s stock worth $2,030,000 after buying an additional 39 shares during the period. Forum Financial Management LP boosted its holdings in Ecolab by 2.8% in the 1st quarter. Forum Financial Management LP now owns 1,449 shares of the basic materials company’s stock worth $367,000 after buying an additional 40 shares during the period. Palumbo Wealth Management LLC boosted its holdings in Ecolab by 5.0% in the 1st quarter. Palumbo Wealth Management LLC now owns 902 shares of the basic materials company’s stock worth $229,000 after buying an additional 43 shares during the period. Finally, Kirtland Hills Capital Management LLC boosted its holdings in Ecolab by 2.0% in the 1st quarter. Kirtland Hills Capital Management LLC now owns 2,199 shares of the basic materials company’s stock worth $525,000 after buying an additional 43 shares during the period. Institutional investors and hedge funds own 74.91% of the company’s stock.

Ecolab Stock Performance

Ecolab stock opened at $273.65 on Thursday. The firm’s fifty day moving average price is $274.41 and its 200-day moving average price is $263.40. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.12 and a current ratio of 1.44. The stock has a market cap of $77.61 billion, a P/E ratio of 36.53, a price-to-earnings-growth ratio of 2.81 and a beta of 1.09. Ecolab Inc. has a fifty-two week low of $221.62 and a fifty-two week high of $286.04.

Ecolab (NYSE:ECLGet Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The basic materials company reported $1.89 earnings per share for the quarter, missing the consensus estimate of $1.90 by ($0.01). The company had revenue of $4.03 billion for the quarter, compared to analysts’ expectations 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. On average, equities research analysts expect that Ecolab Inc. will post 7.54 earnings per share for the current fiscal year.

Ecolab Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 16th were given a dividend of $0.65 per share. The ex-dividend date was Tuesday, September 16th. This represents a $2.60 annualized dividend and a dividend yield of 1.0%. Ecolab’s dividend payout ratio (DPR) is 34.71%.

Insider Activity

In related news, Director David Maclennan acquired 600 shares of the stock in a transaction dated Wednesday, August 13th. The shares were purchased at an average price of $278.51 per share, for a total transaction of $167,106.00. Following the transaction, the director owned 20,253 shares in the company, valued at $5,640,663.03. This represents a 3.05% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Jennifer J. Bradway sold 807 shares of the firm’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $279.28, for a total transaction of $225,378.96. Following the sale, the senior vice president owned 4,326 shares in the company, valued at approximately $1,208,165.28. This trade represents a 15.72% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.04% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on ECL. Mizuho raised their price objective on shares of Ecolab from $285.00 to $305.00 and gave the stock an “outperform” rating in a report on Tuesday, July 15th. Baird R W raised shares of Ecolab from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ecolab in a research note on Wednesday, October 8th. Erste Group Bank started coverage on shares of Ecolab in a research note on Tuesday. They issued a “buy” rating on the stock. Finally, Oppenheimer upgraded shares of Ecolab to an “outperform” rating in a research note on Wednesday, July 30th. Three analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $292.29.

Read Our Latest Report on ECL

About Ecolab

(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.

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Institutional Ownership by Quarter for Ecolab (NYSE:ECL)

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