Beaumont Financial Advisors LLC cut its stake in shares of Ecolab Inc. (NYSE:ECL – Free Report) by 28.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,297 shares of the basic materials company’s stock after selling 508 shares during the period. Beaumont Financial Advisors LLC’s holdings in Ecolab were worth $349,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in ECL. Saudi Central Bank acquired a new position in shares of Ecolab in the first quarter valued at approximately $25,000. Dunhill Financial LLC grew its holdings in shares of Ecolab by 176.7% in the first quarter. Dunhill Financial LLC now owns 119 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 76 shares in the last quarter. Ridgewood Investments LLC grew its holdings in shares of Ecolab by 70.6% in the first quarter. Ridgewood Investments LLC now owns 145 shares of the basic materials company’s stock valued at $37,000 after purchasing an additional 60 shares in the last quarter. Olde Wealth Management LLC acquired a new position in shares of Ecolab in the first quarter valued at approximately $38,000. Finally, City Holding Co. purchased a new stake in shares of Ecolab during the 1st quarter worth $39,000. 74.91% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on ECL. Robert W. Baird lifted their price objective on shares of Ecolab from $300.00 to $306.00 and gave the stock an “outperform” rating in a research report on Friday, September 5th. Baird R W upgraded shares of Ecolab from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 30th. Oppenheimer upgraded shares of Ecolab to an “outperform” rating in a research report on Wednesday, July 30th. UBS Group boosted their price objective on shares of Ecolab from $293.00 to $295.00 and gave the stock a “neutral” rating in a research report on Thursday, August 14th. Finally, BMO Capital Markets boosted their price objective on shares of Ecolab from $307.00 to $310.00 and gave the stock an “outperform” rating in a research report on Monday, September 8th. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $292.00.
Insiders Place Their Bets
In related news, Director David Maclennan acquired 600 shares of the business’s stock in a transaction dated Wednesday, August 13th. The shares were acquired at an average cost of $278.51 per share, for a total transaction of $167,106.00. Following the acquisition, the director directly owned 20,253 shares in the company, valued at approximately $5,640,663.03. The trade was a 3.05% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Suzanne M. Vautrinot sold 1,354 shares of the stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $283.16, for a total transaction of $383,398.64. Following the transaction, the director owned 11,199 shares in the company, valued at approximately $3,171,108.84. The trade was a 10.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.04% of the stock is owned by corporate insiders.
Ecolab Price Performance
Shares of NYSE ECL opened at $271.04 on Friday. The stock has a market cap of $76.87 billion, a price-to-earnings ratio of 36.19, a PEG ratio of 2.75 and a beta of 1.07. Ecolab Inc. has a 52 week low of $221.62 and a 52 week high of $286.04. The company’s 50-day moving average price is $272.33 and its 200 day moving average price is $261.40. 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 data 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 during the quarter, compared to analyst estimates of $4.03 billion. Ecolab had a net margin of 13.59% and a return on equity of 22.52%. 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, research analysts forecast that Ecolab Inc. will post 7.54 earnings per share for the current fiscal year.
Ecolab Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 16th will be paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, September 16th. Ecolab’s dividend payout ratio (DPR) is currently 34.71%.
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.
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