Arcadia Investment Management Corp MI decreased its position in Ecolab Inc. (NYSE:ECL – Free Report) by 6.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,370 shares of the basic materials company’s stock after selling 1,400 shares during the period. Arcadia Investment Management Corp MI’s holdings in Ecolab were worth $5,758,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also added to or reduced their stakes in the company. Nuveen LLC acquired a new stake in shares of Ecolab during the first quarter worth about $337,563,000. Vontobel Holding Ltd. raised its position in Ecolab by 119.7% during the 2nd quarter. Vontobel Holding Ltd. now owns 2,036,339 shares of the basic materials company’s stock worth $548,671,000 after buying an additional 1,109,585 shares during the last quarter. Auto Owners Insurance Co lifted its stake in Ecolab by 27,677.8% during the 1st quarter. Auto Owners Insurance Co now owns 1,000,000 shares of the basic materials company’s stock valued at $253,520,000 after acquiring an additional 996,400 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Ecolab by 1.1% in 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 acquiring an additional 261,489 shares during the last quarter. Finally, Voya Investment Management LLC increased its stake in shares of Ecolab by 43.2% in the first quarter. Voya Investment Management LLC now owns 834,058 shares of the basic materials company’s stock worth $211,450,000 after acquiring an additional 251,730 shares during the period. Hedge funds and other institutional investors own 74.91% of the company’s stock.
Wall Street Analyst Weigh In
ECL has been the subject of a number of research reports. Raymond James Financial initiated coverage on shares of Ecolab in a research report on Tuesday, August 26th. They set a “market perform” rating for the company. Robert W. Baird set a $307.00 price objective on Ecolab in a research note on Wednesday, October 29th. Mizuho set a $315.00 target price on Ecolab in a research note on Wednesday, October 29th. Barclays lifted their price target on Ecolab from $275.00 to $300.00 and gave the company an “overweight” rating in a research report on Wednesday, October 29th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ecolab in a report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $295.14.
Insider Buying and Selling at Ecolab
In other news, Director Suzanne M. Vautrinot sold 1,354 shares of the company’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $283.16, for a total transaction of $383,398.64. Following the sale, the director owned 11,199 shares of the company’s stock, valued at approximately $3,171,108.84. This represents a 10.79% decrease 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, CEO Christophe Beck sold 21,714 shares of Ecolab stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $261.41, for a total value of $5,676,256.74. Following the completion of the transaction, the chief executive officer owned 72,644 shares of the company’s stock, valued at approximately $18,989,868.04. This trade represents a 23.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.04% of the company’s stock.
Ecolab Price Performance
ECL stock opened at $258.38 on Friday. The company has a quick ratio of 1.12, a current ratio of 1.70 and a debt-to-equity ratio of 0.83. The business has a fifty day moving average of $268.76 and a two-hundred day moving average of $267.67. Ecolab Inc. has a 52-week low of $221.62 and a 52-week high of $286.04. The stock has a market cap of $73.18 billion, a price-to-earnings ratio of 37.12, a price-to-earnings-growth ratio of 2.65 and a beta of 1.07.
Ecolab (NYSE:ECL – Get Free Report) last issued its quarterly earnings results on Tuesday, October 28th. The basic materials company reported $2.07 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.07. Ecolab had a net margin of 12.49% and a return on equity of 22.55%. The company had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.12 billion. During the same period in the prior year, the firm earned $2.57 earnings per share. The business’s revenue for the quarter was up 4.2% compared to the same quarter last year. Ecolab has set its Q4 2025 guidance at 2.020-2.120 EPS. FY 2025 guidance at 7.480-7.580 EPS. As a group, research analysts anticipate that Ecolab Inc. will post 7.54 earnings per share for the current year.
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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