Ecolab Inc. $ECL Shares Acquired by Angeles Wealth Management LLC

Angeles Wealth Management LLC grew its stake in Ecolab Inc. (NYSE:ECL) by 49.0% during the 2nd quarter, Holdings Channel reports. The firm owned 2,139 shares of the basic materials company’s stock after purchasing an additional 703 shares during the quarter. Angeles Wealth Management LLC’s holdings in Ecolab were worth $576,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Saudi Central Bank purchased a new stake in shares of Ecolab during the first quarter worth $25,000. Financial Connections Group Inc. purchased a new stake in shares of Ecolab during the second quarter worth $26,000. J.Safra Asset Management Corp grew its holdings in shares of Ecolab by 202.6% during the second quarter. J.Safra Asset Management Corp now owns 115 shares of the basic materials company’s stock worth $31,000 after buying an additional 77 shares in the last quarter. Ridgewood Investments LLC grew its holdings in shares of Ecolab by 70.6% during the first quarter. Ridgewood Investments LLC now owns 145 shares of the basic materials company’s stock worth $37,000 after buying an additional 60 shares in the last quarter. Finally, Olde Wealth Management LLC purchased a new stake in shares of Ecolab during the first quarter worth $38,000. Hedge funds and other institutional investors own 74.91% of the company’s stock.

Analyst Upgrades and Downgrades

ECL has been the subject of a number of research reports. Mizuho upped their target price on shares of Ecolab from $285.00 to $305.00 and gave the stock an “outperform” rating in a report on Tuesday, July 15th. Weiss Ratings reissued a “buy (b)” rating on shares of Ecolab in a report on Wednesday, October 8th. Erste Group Bank assumed coverage on shares of Ecolab in a report on Tuesday. They issued a “buy” rating for the company. Oppenheimer raised shares of Ecolab to an “outperform” rating in a report on Wednesday, July 30th. Finally, Citigroup reissued a “buy” rating on shares of Ecolab in a report on Monday, October 6th. Three analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $290.92.

Insider Buying and Selling at Ecolab

In other Ecolab news, Director Suzanne M. Vautrinot sold 1,354 shares of the company’s stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $283.16, for a total value of $383,398.64. Following the transaction, the director owned 11,199 shares of the company’s stock, valued at $3,171,108.84. This represents a 10.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director David Maclennan purchased 600 shares of Ecolab 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 transaction, the director directly owned 20,253 shares of the company’s stock, valued at approximately $5,640,663.03. This represents a 3.05% increase in their position. The disclosure for this purchase can be found here. 0.04% of the stock is currently owned by corporate insiders.

Ecolab Trading Up 2.1%

NYSE ECL opened at $276.37 on Friday. The firm’s 50-day moving average is $274.49 and its two-hundred day moving average is $263.66. Ecolab Inc. has a 12 month low of $221.62 and a 12 month high of $286.04. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.44 and a quick ratio of 1.12. The stock has a market capitalization of $78.38 billion, a P/E ratio of 36.90, a PEG ratio of 2.78 and a beta of 1.09.

Ecolab (NYSE:ECL) last posted its 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). 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 analyst estimates 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, sell-side analysts anticipate that Ecolab Inc. will post 7.54 earnings per share for the current year.

Ecolab Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 16th were given a $0.65 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $2.60 dividend on an annualized basis and a yield of 0.9%. Ecolab’s dividend payout ratio is presently 34.71%.

About Ecolab

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.