Paladin Wealth LLC raised its position in Ecolab Inc. (NYSE:ECL – Free Report) by 5.8% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 3,032 shares of the basic materials company’s stock after acquiring an additional 166 shares during the period. Paladin Wealth LLC’s holdings in Ecolab were worth $817,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in Ecolab by 1.1% in the first 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 period. Pictet Asset Management Holding SA grew its stake in Ecolab by 2.3% in the first 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 acquiring an additional 93,409 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Ecolab by 4.0% in the first 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 acquiring an additional 145,902 shares during the period. Royal Bank of Canada grew its stake in Ecolab by 0.8% in the first quarter. Royal Bank of Canada now owns 3,577,229 shares of the basic materials company’s stock valued at $906,900,000 after acquiring an additional 27,619 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in Ecolab by 6.8% in the first quarter. Goldman Sachs Group Inc. now owns 2,718,340 shares of the basic materials company’s stock valued at $689,154,000 after acquiring an additional 173,298 shares during the period. Institutional investors and hedge funds own 74.91% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on the company. BMO Capital Markets raised their price objective on Ecolab from $307.00 to $310.00 and gave the company an “outperform” rating in a research note on Monday, September 8th. Robert W. Baird lifted their target price on Ecolab from $300.00 to $306.00 and gave the company an “outperform” rating in a research report on Friday, September 5th. Baird R W raised Ecolab from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 30th. Mizuho lifted their target price on Ecolab from $285.00 to $305.00 and gave the company an “outperform” rating in a research report on Tuesday, July 15th. Finally, UBS Group lifted their target price on Ecolab from $293.00 to $295.00 and gave the company a “neutral” rating in a research report on Thursday, August 14th. Three analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $292.00.
Insider Buying and Selling at Ecolab
In other Ecolab news, SVP Jennifer J. Bradway sold 807 shares of the business’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $279.28, for a total value of $225,378.96. Following the sale, the senior vice president directly owned 4,326 shares in the company, valued at $1,208,165.28. The trade was a 15.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director David Maclennan purchased 600 shares of Ecolab stock in a transaction dated Wednesday, August 13th. The stock was bought at an average price of $278.51 per share, with a total value of $167,106.00. Following the completion of the transaction, the director owned 20,253 shares of the company’s stock, valued at $5,640,663.03. This represents a 3.05% increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 0.50% of the company’s stock.
Ecolab Stock Performance
Shares of Ecolab stock opened at $272.74 on Monday. The business’s fifty day simple moving average is $272.57 and its 200 day simple moving average is $261.33. The firm has a market capitalization of $77.35 billion, a P/E ratio of 36.41, a price-to-earnings-growth ratio of 2.80 and a beta of 1.07. Ecolab Inc. has a 12 month low of $221.62 and a 12 month high of $286.04. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 0.80.
Ecolab (NYSE:ECL – Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The basic materials company reported $1.89 EPS for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.01). The business had revenue of $4.03 billion for the quarter, compared to the consensus estimate of $4.03 billion. Ecolab had a return on equity of 22.52% and a net margin of 13.59%. Ecolab has set its Q3 2025 guidance at 2.020-2.120 EPS. FY 2025 guidance at 7.420-7.620 EPS. As a group, analysts anticipate that Ecolab Inc. will post 7.54 EPS for the current year.
Ecolab Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 16th will be paid a $0.65 dividend. The ex-dividend date is Tuesday, September 16th. This represents a $2.60 annualized dividend and a dividend yield of 1.0%. Ecolab’s payout ratio is presently 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.
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