Rep. Jefferson Shreve Purchases Shares of Ecolab Inc. (NYSE:ECL)

Posted by Tristan Rich on May 13th, 2025

Representative Jefferson Shreve (R-Indiana) recently bought shares of Ecolab Inc. (NYSE:ECL). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $100,001 and $250,000 in Ecolab stock on April 7th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

Purchased $50,001 – $100,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 4/17/2025.
Purchased $50,001 – $100,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of Caterpillar (NYSE:CAT) on 4/17/2025.
Sold $15,001 – $50,000 in shares of Lululemon Athletica (NASDAQ:LULU) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of Western Digital (NASDAQ:WDC) on 4/17/2025.
Sold $15,001 – $50,000 in shares of Zoetis (NYSE:ZTS) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/17/2025.
Purchased $15,001 – $50,000 in shares of Ross Stores (NASDAQ:ROST) on 4/17/2025.

Ecolab Price Performance

Shares of NYSE:ECL opened at $254.17 on Tuesday. The business has a 50 day moving average price of $247.07 and a 200 day moving average price of $247.55. Ecolab Inc. has a twelve month low of $220.96 and a twelve month high of $273.69. The company has a market cap of $72.09 billion, a price-to-earnings ratio of 34.44, a PEG ratio of 2.57 and a beta of 1.05. The company has a quick ratio of 0.95, a current ratio of 1.26 and a debt-to-equity ratio of 0.79.

Ecolab (NYSE:ECL – Get Free Report) last announced its earnings results on Tuesday, April 29th. The basic materials company reported $1.50 earnings per share for the quarter, meeting the consensus estimate of $1.50. Ecolab had a return on equity of 22.50% and a net margin of 13.42%. The firm had revenue of $3.70 billion during the quarter, compared to the consensus estimate of $3.71 billion. During the same quarter in the prior year, the company earned $1.34 EPS. The firm’s revenue for the quarter was down 1.5% compared to the same quarter last year. Research analysts predict that Ecolab Inc. will post 7.54 earnings per share for the current year.

Ecolab Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, June 17th will be paid a dividend of $0.65 per share. The ex-dividend date is Tuesday, June 17th. This represents a $2.60 annualized dividend and a yield of 1.02%. Ecolab’s payout ratio is 35.33%.

Insider Buying and Selling

In related news, Director David Maclennan acquired 400 shares of the firm’s stock in a transaction that occurred on Thursday, February 13th. The stock was acquired at an average cost of $264.51 per share, with a total value of $105,804.00. Following the completion of the purchase, the director now directly owns 18,767 shares in the company, valued at approximately $4,964,059.17. This trade represents a 2.18% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Jennifer J. Bradway sold 856 shares of Ecolab stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $267.37, for a total value of $228,868.72. Following the sale, the senior vice president now directly owns 4,140 shares of the company’s stock, valued at approximately $1,106,911.80. This trade represents a 17.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 17,435 shares of company stock valued at $4,637,985 over the last three months. Company insiders own 0.04% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on ECL shares. Stifel Nicolaus reduced their price objective on Ecolab from $307.00 to $303.00 and set a “buy” rating for the company in a research report on Wednesday, April 30th. Citigroup reduced their price objective on Ecolab from $305.00 to $275.00 and set a “buy” rating for the company in a research report on Tuesday, April 8th. Argus upgraded Ecolab to a “strong-buy” rating in a research report on Wednesday, February 12th. Redburn Atlantic downgraded Ecolab from a “buy” rating to a “neutral” rating and set a $270.00 target price for the company. in a research report on Monday, March 24th. Finally, Seaport Res Ptn upgraded Ecolab from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 21st. Five equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $282.47.

View Our Latest Research Report on ECL

Institutional Investors Weigh In On Ecolab

Hedge funds and other institutional investors have recently made changes to their positions in the company. Creative Financial Designs Inc. ADV increased its stake in shares of Ecolab by 134.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 108 shares of the basic materials company’s stock valued at $25,000 after buying an additional 62 shares during the period. Graney & King LLC acquired a new stake in shares of Ecolab during the fourth quarter worth $26,000. Midwest Capital Advisors LLC acquired a new stake in shares of Ecolab during the fourth quarter worth $28,000. Dunhill Financial LLC grew its stake in shares of Ecolab by 176.7% during the first quarter. Dunhill Financial LLC now owns 119 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 76 shares during the period. Finally, Navigoe LLC acquired a new stake in shares of Ecolab during the fourth quarter worth $31,000. 74.91% of the stock is owned by institutional investors and hedge funds.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email editor@ballotpedia.org to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About Ecolab

(Get 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.