Bailard Inc. Sells 200 Shares of Ecolab Inc. $ECL

Bailard Inc. lessened its holdings in Ecolab Inc. (NYSE:ECL) by 1.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,131 shares of the basic materials company’s stock after selling 200 shares during the quarter. Bailard Inc.’s holdings in Ecolab were worth $2,730,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Nemes Rush Group LLC grew its holdings in shares of Ecolab by 6.6% during the first quarter. Nemes Rush Group LLC now owns 42,899 shares of the basic materials company’s stock worth $10,876,000 after purchasing an additional 2,651 shares during the last quarter. University of Texas Texas AM Investment Management Co. boosted its position in Ecolab by 32.4% during the 1st quarter. University of Texas Texas AM Investment Management Co. now owns 14,005 shares of the basic materials company’s stock worth $3,551,000 after buying an additional 3,428 shares during the period. Mirabaud & Cie SA grew its holdings in Ecolab by 1.1% during the 1st quarter. Mirabaud & Cie SA now owns 5,092 shares of the basic materials company’s stock worth $1,291,000 after acquiring an additional 55 shares during the last quarter. Modern Wealth Management LLC acquired a new position in Ecolab in the 1st quarter valued at approximately $284,000. Finally, Zurich Insurance Group Ltd FI raised its stake in shares of Ecolab by 1,189.2% during the first quarter. Zurich Insurance Group Ltd FI now owns 144,392 shares of the basic materials company’s stock valued at $36,606,000 after acquiring an additional 133,192 shares during the last quarter. Institutional investors own 74.91% of the company’s stock.

Insiders Place Their Bets

In other Ecolab news, Director Suzanne M. Vautrinot sold 1,354 shares of Ecolab stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $283.16, for a total value of $383,398.64. Following the completion of the sale, the director directly owned 11,199 shares of the company’s stock, valued at approximately $3,171,108.84. The trade was a 10.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.04% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ECL. Raymond James Financial started coverage on shares of Ecolab in a research note on Tuesday, August 26th. They issued a “market perform” rating on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Ecolab in a research report on Wednesday, October 8th. Robert W. Baird set a $307.00 price objective on Ecolab in a research report on Wednesday, October 29th. Erste Group Bank initiated coverage on Ecolab in a report on Tuesday, October 14th. They issued a “buy” rating on the stock. Finally, Stifel Nicolaus decreased their target price on shares of Ecolab from $303.00 to $300.00 and set a “buy” rating for the company in a research report on Wednesday, October 29th. Three analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $295.14.

Ecolab Trading Down 0.4%

Shares of ECL stock opened at $261.04 on Thursday. Ecolab Inc. has a fifty-two week low of $221.62 and a fifty-two week high of $286.04. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.12 and a current ratio of 1.70. The stock has a 50 day simple moving average of $269.33 and a two-hundred day simple moving average of $267.57. The company has a market cap of $73.94 billion, a P/E ratio of 37.51, a PEG ratio of 2.65 and a beta of 1.07.

Ecolab (NYSE:ECL) last posted its quarterly earnings results on Tuesday, October 28th. The basic materials company reported $2.07 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.07. The firm had revenue of $4.17 billion for the quarter, compared to analysts’ expectations of $4.12 billion. Ecolab had a return on equity of 22.55% and a net margin of 12.49%.The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the prior year, the business earned $2.57 EPS. Ecolab has set its Q4 2025 guidance at 2.020-2.120 EPS. FY 2025 guidance at 7.480-7.580 EPS. Research analysts forecast that Ecolab Inc. will post 7.54 earnings per share for the current year.

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.