Sagespring Wealth Partners LLC Has $570,000 Holdings in Ecolab Inc. $ECL

Sagespring Wealth Partners LLC raised its position in shares of Ecolab Inc. (NYSE:ECL) by 11.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 2,116 shares of the basic materials company’s stock after purchasing an additional 210 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in Ecolab were worth $570,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Ecolab by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 24,411,233 shares of the basic materials company’s stock valued at $6,188,736,000 after purchasing an additional 261,489 shares during the period. Pictet Asset Management Holding SA increased its position in Ecolab by 2.3% during the 1st quarter. Pictet Asset Management Holding SA now owns 4,089,226 shares of the basic materials company’s stock valued at $1,036,485,000 after purchasing an additional 93,409 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Ecolab by 4.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,805,952 shares of the basic materials company’s stock valued at $964,885,000 after purchasing an additional 145,902 shares during the period. Royal Bank of Canada increased its position in Ecolab by 0.8% during the 1st quarter. Royal Bank of Canada now owns 3,577,229 shares of the basic materials company’s stock valued at $906,900,000 after purchasing an additional 27,619 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Ecolab by 6.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,718,340 shares of the basic materials company’s stock worth $689,154,000 after buying an additional 173,298 shares in the last quarter. Institutional investors and hedge funds own 74.91% of the company’s stock.

Insider Buying and Selling at Ecolab

In other Ecolab news, SVP Jennifer J. Bradway sold 807 shares of the firm’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $279.28, for a total transaction of $225,378.96. Following the transaction, the senior vice president directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David Maclennan acquired 600 shares of the company’s stock in a transaction on Wednesday, August 13th. The shares were bought at an average price of $278.51 per share, for a total transaction of $167,106.00. Following the completion of the purchase, the director owned 20,253 shares in the company, valued at approximately $5,640,663.03. This represents a 3.05% increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.04% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. UBS Group increased their price target on Ecolab from $295.00 to $299.00 and gave the stock a “neutral” rating in a report on Monday, October 6th. Citigroup restated a “buy” rating on shares of Ecolab in a report on Monday, October 6th. Erste Group Bank assumed coverage on Ecolab in a report on Tuesday. They set a “buy” rating on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Ecolab in a report on Wednesday, October 8th. Finally, Mizuho increased their price target on Ecolab from $285.00 to $305.00 and gave the stock an “outperform” rating in a report on Tuesday, July 15th. Three analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $292.29.

Ecolab Price Performance

Shares of ECL opened at $270.54 on Friday. Ecolab Inc. has a 12-month low of $221.62 and a 12-month high of $286.04. The business’s fifty day moving average is $274.42 and its 200 day moving average is $263.51. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 0.80. The stock has a market cap of $76.73 billion, a P/E ratio of 36.12, a P/E/G ratio of 2.82 and a beta of 1.09.

Ecolab (NYSE:ECL) last issued its earnings results on Tuesday, July 29th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.01). Ecolab had a return on equity of 22.52% and a net margin of 13.59%.The firm had revenue of $4.03 billion during the quarter, compared to the consensus estimate of $4.03 billion. 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 anticipate that Ecolab Inc. will post 7.54 earnings per share for the current fiscal year.

Ecolab Dividend Announcement

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

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.