Commerce Bank Invests $8.66 Million in Ecolab Inc. $ECL

Commerce Bank purchased a new position in Ecolab Inc. (NYSE:ECLFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 31,085 shares of the basic materials company’s stock, valued at approximately $8,661,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its holdings in Ecolab by 164.7% in the fourth quarter. Brighton Jones LLC now owns 3,700 shares of the basic materials company’s stock worth $867,000 after acquiring an additional 2,302 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Ecolab by 39.8% during the second quarter. Sivia Capital Partners LLC now owns 1,384 shares of the basic materials company’s stock valued at $373,000 after acquiring an additional 394 shares in the last quarter. Schnieders Capital Management LLC. increased its holdings in shares of Ecolab by 22.9% during the second quarter. Schnieders Capital Management LLC. now owns 1,166 shares of the basic materials company’s stock valued at $314,000 after acquiring an additional 217 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of Ecolab by 0.8% in the 2nd quarter. NewEdge Advisors LLC now owns 21,096 shares of the basic materials company’s stock worth $5,684,000 after purchasing an additional 171 shares during the last quarter. Finally, CIBC Asset Management Inc boosted its stake in Ecolab by 49.4% in the 2nd quarter. CIBC Asset Management Inc now owns 58,421 shares of the basic materials company’s stock worth $15,741,000 after purchasing an additional 19,324 shares in the last quarter. Institutional investors own 74.91% of the company’s stock.

Analyst Upgrades and Downgrades

ECL has been the subject of a number of analyst reports. Mizuho raised their price objective on shares of Ecolab from $325.00 to $327.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Wells Fargo & Company upped their target price on shares of Ecolab from $275.00 to $295.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 30th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Ecolab from $325.00 to $335.00 and gave the company a “buy” rating in a report on Thursday, July 9th. Jefferies Financial Group decreased their price objective on shares of Ecolab from $352.00 to $345.00 and set a “buy” rating for the company in a report on Wednesday, May 20th. Finally, Zacks Research cut Ecolab from a “hold” rating to a “strong sell” rating in a research report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Ecolab has an average rating of “Moderate Buy” and a consensus price target of $327.56.

Check Out Our Latest Stock Analysis on Ecolab

Ecolab Price Performance

Shares of NYSE:ECL opened at $281.91 on Monday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.57 and a current ratio of 1.84. The firm has a market cap of $79.03 billion, a price-to-earnings ratio of 37.84, a price-to-earnings-growth ratio of 2.43 and a beta of 0.88. The business has a 50-day simple moving average of $276.56 and a two-hundred day simple moving average of $273.66. Ecolab Inc. has a fifty-two week low of $243.15 and a fifty-two week high of $309.27.

Ecolab (NYSE:ECLGet Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The basic materials company reported $2.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.01. Ecolab had a net margin of 12.57% and a return on equity of 22.72%. The firm had revenue of $4.42 billion for the quarter, compared to the consensus estimate of $4.38 billion. During the same quarter last year, the firm posted $1.89 EPS. The business’s quarterly revenue was up 9.7% compared to the same quarter last year. Ecolab has set its Q3 2026 guidance at 2.130-2.230 EPS. On average, analysts expect that Ecolab Inc. will post 8.17 earnings per share for the current year.

Ecolab Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 15th will be issued a $0.73 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.92 annualized dividend and a yield of 1.0%. Ecolab’s dividend payout ratio (DPR) is currently 39.19%.

Insider Buying and Selling

In other Ecolab news, CEO Christophe Beck sold 17,862 shares of Ecolab stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $280.14, for a total value of $5,003,860.68. Following the completion of the sale, the chief executive officer owned 72,932 shares of the company’s stock, valued at approximately $20,431,170.48. The trade was a 19.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Suzanne M. Vautrinot sold 1,004 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $264.98, for a total transaction of $266,039.92. Following the sale, the director owned 11,651 shares of the company’s stock, valued at approximately $3,087,281.98. This represents a 7.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 28,866 shares of company stock valued at $7,878,801 in the last ninety days. Corporate insiders own 0.50% of the company’s stock.

About Ecolab

(Free Report)

Ecolab, Inc is a global provider of water, hygiene and infection prevention solutions and services. The company develops and supplies cleaning and sanitizing chemicals, dispensing equipment, water-treatment systems, pest elimination services and related technologies designed to help businesses maintain clean, safe and efficient operations. Its offerings span both products and onsite services, often paired with technical support and training.

Ecolab serves a broad range of end markets including hospitality and foodservice, food and beverage processing, healthcare, manufacturing and industrial operations, and energy and utilities.

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Institutional Ownership by Quarter for Ecolab (NYSE:ECL)

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