Alecta Tjanstepension Omsesidigt lessened its holdings in shares of Ecolab Inc. (NYSE:ECL – Free Report) by 10.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 677,100 shares of the basic materials company’s stock after selling 78,300 shares during the period. Alecta Tjanstepension Omsesidigt owned about 0.24% of Ecolab worth $185,424,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Wexford Capital LP purchased a new stake in Ecolab in the 3rd quarter worth approximately $25,000. JPL Wealth Management LLC bought a new position in shares of Ecolab during the third quarter valued at approximately $26,000. Corundum Trust Company INC purchased a new stake in Ecolab in the third quarter worth $28,000. SJS Investment Consulting Inc. boosted its holdings in Ecolab by 1,177.8% in the third quarter. SJS Investment Consulting Inc. now owns 115 shares of the basic materials company’s stock valued at $31,000 after acquiring an additional 106 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC boosted its holdings in Ecolab by 81.5% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 118 shares of the basic materials company’s stock valued at $32,000 after acquiring an additional 53 shares in the last quarter. Institutional investors own 74.91% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages have commented on ECL. Royal Bank Of Canada upped their price objective on shares of Ecolab from $294.00 to $337.00 and gave the stock an “outperform” rating in a report on Wednesday, February 11th. Stifel Nicolaus lifted their target price on shares of Ecolab from $300.00 to $337.00 and gave the company a “buy” rating in a research note on Wednesday, February 11th. JPMorgan Chase & Co. increased their price target on shares of Ecolab from $265.00 to $295.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 11th. Erste Group Bank lowered shares of Ecolab from a “buy” rating to a “hold” rating in a report on Friday, January 23rd. Finally, Mizuho set a $335.00 target price on Ecolab in a report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $322.24.
Ecolab Trading Down 3.9%
Shares of NYSE ECL opened at $261.93 on Thursday. Ecolab Inc. has a 1 year low of $221.62 and a 1 year high of $309.27. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.08 and a quick ratio of 0.81. The firm has a 50-day moving average of $287.20 and a 200 day moving average of $274.29. The stock has a market cap of $73.86 billion, a P/E ratio of 35.98, a price-to-earnings-growth ratio of 2.25 and a beta of 0.97.
Ecolab (NYSE:ECL – Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The basic materials company reported $2.08 earnings per share for the quarter, topping analysts’ consensus estimates of $2.07 by $0.01. Ecolab had a net margin of 12.91% and a return on equity of 22.73%. The business had revenue of $4.20 billion for the quarter, compared to analysts’ expectations of $4.20 billion. During the same quarter in the prior year, the company earned $1.81 earnings per share. The business’s revenue was up 4.8% compared to the same quarter last year. Ecolab has set its FY 2026 guidance at 8.430-8.630 EPS and its Q1 2026 guidance at 1.670-1.730 EPS. As a group, sell-side analysts expect that Ecolab Inc. will post 7.54 EPS for the current fiscal year.
Ecolab Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 17th will be given a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, March 17th. Ecolab’s dividend payout ratio (DPR) is 40.11%.
Insider Buying and Selling
In other news, Director Tracy B. Mckibben sold 1,265 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $308.66, for a total value of $390,454.90. Following the sale, the director directly owned 11,358 shares of the company’s stock, valued at approximately $3,505,760.28. This represents a 10.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Christophe Beck sold 20,000 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $307.37, for a total value of $6,147,400.00. Following the transaction, the chief executive officer owned 90,794 shares of the company’s stock, valued at $27,907,351.78. The trade was a 18.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.04% of the stock is owned by company insiders.
Ecolab Company Profile
Ecolab, Inc is a global provider of water, hygiene and infection prevention solutions and services. The company develops and supplies cleaning and sanitizing chemicals, dispensing equipment, water-treatment systems, pest elimination services and related technologies designed to help businesses maintain clean, safe and efficient operations. Its offerings span both products and onsite services, often paired with technical support and training.
Ecolab serves a broad range of end markets including hospitality and foodservice, food and beverage processing, healthcare, manufacturing and industrial operations, and energy and utilities.
See Also
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