Mattern Capital Management LLC Has $9.78 Million Stake in Ecolab Inc. $ECL

Mattern Capital Management LLC boosted its holdings in shares of Ecolab Inc. (NYSE:ECL) by 0.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,311 shares of the basic materials company’s stock after buying an additional 190 shares during the quarter. Mattern Capital Management LLC’s holdings in Ecolab were worth $9,784,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Saudi Central Bank acquired a new position in Ecolab during the first quarter worth $25,000. Dunhill Financial LLC boosted its holdings in Ecolab by 176.7% during the first quarter. Dunhill Financial LLC now owns 119 shares of the basic materials company’s stock valued at $30,000 after acquiring an additional 76 shares during the period. Ridgewood Investments LLC boosted its holdings in Ecolab by 70.6% during the first quarter. Ridgewood Investments LLC now owns 145 shares of the basic materials company’s stock valued at $37,000 after acquiring an additional 60 shares during the period. City Holding Co. bought a new stake in Ecolab during the first quarter valued at about $39,000. Finally, Olde Wealth Management LLC bought a new stake in Ecolab during the first quarter valued at about $38,000. 74.91% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. BMO Capital Markets upped their price target on shares of Ecolab from $307.00 to $310.00 and gave the company an “outperform” rating in a report on Monday, September 8th. Citigroup decreased their price target on shares of Ecolab from $320.00 to $315.00 and set a “buy” rating for the company in a report on Wednesday, July 30th. Mizuho upped their price target on shares of Ecolab from $285.00 to $305.00 and gave the company an “outperform” rating in a report on Tuesday, July 15th. Raymond James Financial assumed coverage on shares of Ecolab in a report on Tuesday, August 26th. They set a “market perform” rating for the company. Finally, Oppenheimer upgraded shares of Ecolab to an “outperform” rating in a report on Wednesday, July 30th. Three investment 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’s stock. According to MarketBeat, Ecolab currently has an average rating of “Moderate Buy” and a consensus target price of $292.00.

Ecolab Stock Up 1.5%

NYSE ECL opened at $273.81 on Friday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.12 and a current ratio of 1.44. The firm has a 50-day simple moving average of $272.59 and a 200 day simple moving average of $261.96. Ecolab Inc. has a twelve month low of $221.62 and a twelve month high of $286.04. The stock has a market cap of $77.66 billion, a PE ratio of 36.56, a PEG ratio of 2.77 and a beta of 1.09.

Ecolab (NYSE:ECL) last released its earnings results on Tuesday, July 29th. The basic materials company reported $1.89 earnings per share for the quarter, missing the consensus estimate of $1.90 by ($0.01). Ecolab had a net margin of 13.59% and a return on equity of 22.52%. The company had revenue of $4.03 billion during the quarter, compared to the consensus estimate of $4.03 billion. Ecolab has set its Q3 2025 guidance at 2.020-2.120 EPS. FY 2025 guidance at 7.420-7.620 EPS. On average, research analysts forecast that Ecolab Inc. will post 7.54 EPS for the current year.

Ecolab Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 16th will be given a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, September 16th. Ecolab’s dividend payout ratio is 34.71%.

Insider Buying and Selling

In related news, SVP Jennifer J. Bradway sold 807 shares of the stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $279.28, for a total value of $225,378.96. Following the completion of the transaction, the senior vice president owned 4,326 shares of the company’s stock, valued at $1,208,165.28. This represents a 15.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 completion of the transaction, the director directly owned 11,199 shares of the company’s stock, valued at $3,171,108.84. This trade represents a 10.79% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.04% 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.