Peak Asset Management LLC Acquires New Stake in Ecolab Inc. $ECL

Peak Asset Management LLC bought a new position in shares of Ecolab Inc. (NYSE:ECL) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 10,575 shares of the basic materials company’s stock, valued at approximately $2,946,000.

Other large investors have also recently modified their holdings of the company. Fiduciary Financial Advisors bought a new position in shares of Ecolab in the second quarter worth approximately $54,000. L2 Asset Management LLC bought a new stake in Ecolab in the 2nd quarter worth approximately $403,000. Vega Investment Solutions purchased a new stake in Ecolab in the second quarter worth approximately $79,000. Cetera Trust Company N.A bought a new position in Ecolab during the second quarter valued at approximately $1,098,000. Finally, Aberdeen Wealth Management LLC purchased a new position in shares of Ecolab during the second quarter worth approximately $55,000. Institutional investors own 74.91% of the company’s stock.

Ecolab Stock Performance

Ecolab stock opened at $287.03 on Tuesday. Ecolab Inc. has a fifty-two week low of $243.15 and a fifty-two week high of $309.27. The stock’s 50 day simple moving average is $276.92 and its two-hundred day simple moving average is $273.69. 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 stock has a market cap of $80.46 billion, a price-to-earnings ratio of 38.53, a PEG ratio of 2.43 and a beta of 0.88.

Ecolab (NYSE:ECL) last announced 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 return on equity of 22.72% and a net margin of 12.57%.The company’s revenue for the quarter was up 9.7% on a year-over-year basis. 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. As a group, analysts expect that Ecolab Inc. will post 8.17 earnings per share for the current fiscal year.

Ecolab Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 15th will be given a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, September 15th. Ecolab’s payout ratio is currently 39.19%.

Insider Buying and Selling

In other news, COO Darrell R. Brown sold 10,000 shares of Ecolab stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $260.89, for a total value of $2,608,900.00. Following the completion of the transaction, the chief operating officer owned 32,733 shares of the company’s stock, valued at $8,539,712.37. The trade was a 23.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Benjamin M. Clark acquired 1,000 shares of Ecolab stock in a transaction on Thursday, June 11th. The shares were purchased at an average price of $263.83 per share, with a total value of $263,830.00. Following the completion of the purchase, the executive vice president owned 1,083 shares in the company, valued at $285,727.89. This represents a 1,204.82% increase in their position. The SEC filing for this purchase provides additional information. Insiders have sold a total of 28,866 shares of company stock worth $7,878,801 over the last three months. Corporate insiders own 0.50% of the company’s stock.

Wall Street Analyst Weigh In

ECL has been the subject of a number of research reports. Robert W. Baird set a $305.00 price objective on shares of Ecolab in a research note on Wednesday, July 29th. Weiss Ratings reissued a “buy (b-)” rating on shares of Ecolab in a research note on Monday, August 17th. Deutsche Bank Aktiengesellschaft raised their price target on Ecolab from $325.00 to $335.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Jefferies Financial Group cut their target price on shares of Ecolab from $352.00 to $345.00 and set a “buy” rating on the stock in a report on Wednesday, May 20th. Finally, JPMorgan Chase & Co. upped their price target on shares of Ecolab from $295.00 to $305.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $327.56.

Ecolab Company 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.