17 Capital Partners LLC Sells 641 Shares of Ecolab Inc. $ECL

17 Capital Partners LLC cut its position in Ecolab Inc. (NYSE:ECL) by 9.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,965 shares of the basic materials company’s stock after selling 641 shares during the quarter. Ecolab comprises about 0.9% of 17 Capital Partners LLC’s holdings, making the stock its 22nd largest position. 17 Capital Partners LLC’s holdings in Ecolab were worth $1,607,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in ECL. Empirical Finance LLC increased its stake in shares of Ecolab by 0.7% in the second quarter. Empirical Finance LLC now owns 8,790 shares of the basic materials company’s stock worth $2,368,000 after purchasing an additional 61 shares in the last quarter. Highview Capital Management LLC DE lifted its stake in shares of Ecolab by 2.2% during the 2nd quarter. Highview Capital Management LLC DE now owns 6,097 shares of the basic materials company’s stock valued at $1,643,000 after buying an additional 134 shares in the last quarter. Perennial Investment Advisors LLC boosted its holdings in Ecolab by 4.7% in the 2nd quarter. Perennial Investment Advisors LLC now owns 916 shares of the basic materials company’s stock worth $247,000 after buying an additional 41 shares during the period. Portside Wealth Group LLC grew its stake in Ecolab by 12.4% in the 2nd quarter. Portside Wealth Group LLC now owns 935 shares of the basic materials company’s stock valued at $252,000 after buying an additional 103 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in Ecolab by 1.0% during the 2nd quarter. Vanguard Group Inc. now owns 24,662,213 shares of the basic materials company’s stock valued at $6,644,987,000 after acquiring an additional 250,980 shares during the period. Institutional investors own 74.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Erste Group Bank started coverage on Ecolab in a report on Tuesday, October 14th. They issued a “buy” rating for the company. Wells Fargo & Company increased their price objective on Ecolab from $260.00 to $270.00 and gave the stock an “equal weight” rating in a report on Monday, October 27th. Mizuho set a $315.00 target price on Ecolab in a report on Wednesday, October 29th. BMO Capital Markets set a $307.00 price target on Ecolab and gave the company an “outperform” rating in a research report on Thursday, October 30th. Finally, UBS Group cut their price objective on shares of Ecolab from $299.00 to $291.00 and set a “neutral” rating for the company in a research report on Friday, October 31st. Three research 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 MarketBeat, Ecolab currently has a consensus rating of “Moderate Buy” and a consensus price target of $295.14.

Ecolab Trading Up 2.3%

Shares of ECL opened at $261.49 on Thursday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.70 and a quick ratio of 1.12. Ecolab Inc. has a 1-year low of $221.62 and a 1-year high of $286.04. The company has a market capitalization of $74.06 billion, a P/E ratio of 37.57, a P/E/G ratio of 2.65 and a beta of 1.07. The firm’s 50 day simple moving average is $267.91 and its 200 day simple moving average is $267.91.

Ecolab (NYSE:ECL) last posted its quarterly earnings data on Tuesday, October 28th. The basic materials company reported $2.07 earnings per share for the quarter, meeting the consensus estimate of $2.07. The firm had revenue of $4.17 billion for the quarter, compared to analysts’ expectations of $4.12 billion. Ecolab had a net margin of 12.49% and a return on equity of 22.55%. The business’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the company posted $2.57 EPS. Ecolab has set its Q4 2025 guidance at 2.020-2.120 EPS. FY 2025 guidance at 7.480-7.580 EPS. Sell-side analysts forecast that Ecolab Inc. will post 7.54 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Christophe Beck sold 21,714 shares of the stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $261.41, for a total transaction of $5,676,256.74. Following the transaction, the chief executive officer directly owned 72,644 shares in the company, valued at approximately $18,989,868.04. This represents a 23.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.50% of the company’s stock.

Ecolab Company 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.