Notis McConarty Edward Makes New $677,000 Investment in Ecolab Inc. $ECL

Notis McConarty Edward bought a new stake in Ecolab Inc. (NYSE:ECL) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 2,430 shares of the basic materials company’s stock, valued at approximately $677,000.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its position in shares of Ecolab by 164.7% during the 4th quarter. Brighton Jones LLC now owns 3,700 shares of the basic materials company’s stock worth $867,000 after purchasing an additional 2,302 shares during the last quarter. Sivia Capital Partners LLC lifted its position in Ecolab by 39.8% in the second quarter. Sivia Capital Partners LLC now owns 1,384 shares of the basic materials company’s stock valued at $373,000 after buying an additional 394 shares during the last quarter. Schnieders Capital Management LLC. lifted its position in Ecolab by 22.9% in the second quarter. Schnieders Capital Management LLC. now owns 1,166 shares of the basic materials company’s stock valued at $314,000 after buying an additional 217 shares during the last quarter. NewEdge Advisors LLC boosted its stake in Ecolab by 0.8% during the second quarter. NewEdge Advisors LLC now owns 21,096 shares of the basic materials company’s stock worth $5,684,000 after buying an additional 171 shares during the period. Finally, CIBC Asset Management Inc increased its position in shares of Ecolab by 49.4% during the second quarter. CIBC Asset Management Inc now owns 58,421 shares of the basic materials company’s stock valued at $15,741,000 after acquiring an additional 19,324 shares during the last quarter. 74.91% of the stock is currently owned by hedge funds and other institutional investors.

Ecolab Stock Up 1.9%

Shares of NYSE:ECL opened at $285.28 on Thursday. The firm has a market capitalization of $79.97 billion, a PE ratio of 38.29, a price-to-earnings-growth ratio of 2.42 and a beta of 0.88. Ecolab Inc. has a 1 year low of $243.15 and a 1 year high of $309.27. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.84 and a quick ratio of 1.57. The firm’s 50-day moving average is $275.91 and its two-hundred day moving average is $273.68.

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

Ecolab Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.73 per share. The ex-dividend date is Tuesday, September 15th. This represents a $2.92 dividend on an annualized basis and a yield of 1.0%. Ecolab’s dividend payout ratio is 39.19%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Ecolab from $325.00 to $335.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Mizuho increased their price objective on shares of Ecolab from $325.00 to $327.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Robert W. Baird set a $305.00 target price on shares of Ecolab in a report on Wednesday, July 29th. Wells Fargo & Company boosted their target price on Ecolab from $275.00 to $295.00 and gave the company an “equal weight” rating in a research report on Thursday, July 30th. Finally, UBS Group restated a “buy” rating and set a $342.00 price target on shares of Ecolab in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $327.56.

Insider Buying and Selling at Ecolab

In related news, EVP Benjamin M. Clark acquired 1,000 shares of Ecolab stock in a transaction dated Thursday, June 11th. The shares were acquired at an average cost of $263.83 per share, for a total transaction of $263,830.00. Following the completion of the purchase, the executive vice president owned 1,083 shares in the company, valued at approximately $285,727.89. The trade was a 1,204.82% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michel D. Doukeris bought 7,750 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The stock was bought at an average price of $258.00 per share, with a total value of $1,999,500.00. Following the completion of the acquisition, the director owned 8,326 shares of the company’s stock, valued at $2,148,108. This trade represents a 1,345.49% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.50% of the company’s stock.

Ecolab Profile

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.