Ecolab Inc. (NYSE:ECL) VP Larry L. Berger sold 5,197 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $137.37, for a total value of $713,911.89. Following the transaction, the vice president now directly owns 33,110 shares in the company, valued at approximately $4,548,320.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Ecolab Inc. (NYSE ECL) traded up $0.16 during trading hours on Wednesday, hitting $137.42. The stock had a trading volume of 1,154,500 shares, compared to its average volume of 943,221. Ecolab Inc. has a 12 month low of $116.42 and a 12 month high of $137.96. The company has a market capitalization of $39,656.38, a PE ratio of 30.17, a PEG ratio of 2.29 and a beta of 1.05. The company has a current ratio of 1.23, a quick ratio of 0.83 and a debt-to-equity ratio of 0.89.

Ecolab (NYSE:ECL) last issued its quarterly earnings results on Tuesday, October 31st. The basic materials company reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.01. The business had revenue of $3.56 billion during the quarter, compared to analysts’ expectations of $3.55 billion. Ecolab had a return on equity of 19.05% and a net margin of 9.67%. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.28 earnings per share. analysts forecast that Ecolab Inc. will post 4.7 earnings per share for the current year.

ECL has been the topic of a number of recent analyst reports. UBS reissued a “buy” rating and set a $147.00 price target (up previously from $144.00) on shares of Ecolab in a research report on Tuesday, August 8th. BidaskClub downgraded Ecolab from a “sell” rating to a “strong sell” rating in a research report on Monday, August 14th. Morgan Stanley initiated coverage on Ecolab in a research report on Tuesday, August 15th. They set an “equal weight” rating and a $140.00 price target on the stock. Jefferies Group reissued a “hold” rating and set a $130.00 price target on shares of Ecolab in a research report on Wednesday, August 16th. Finally, Credit Suisse Group reissued a “hold” rating on shares of Ecolab in a research report on Wednesday, September 6th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the stock. Ecolab has a consensus rating of “Hold” and a consensus price target of $136.86.

Several hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in shares of Ecolab by 1.9% in the second quarter. Vanguard Group Inc. now owns 20,842,027 shares of the basic materials company’s stock valued at $2,766,780,000 after buying an additional 387,804 shares during the period. BlackRock Inc. boosted its stake in shares of Ecolab by 2.0% in the second quarter. BlackRock Inc. now owns 15,325,707 shares of the basic materials company’s stock valued at $2,034,488,000 after buying an additional 293,303 shares during the period. C WorldWide Group Holding A S boosted its stake in shares of Ecolab by 1.8% in the third quarter. C WorldWide Group Holding A S now owns 3,769,066 shares of the basic materials company’s stock valued at $484,739,000 after buying an additional 64,833 shares during the period. Edgewood Management LLC boosted its stake in shares of Ecolab by 0.9% in the third quarter. Edgewood Management LLC now owns 3,503,447 shares of the basic materials company’s stock valued at $450,578,000 after buying an additional 30,773 shares during the period. Finally, UBS Asset Management Americas Inc. boosted its stake in shares of Ecolab by 2.3% in the second quarter. UBS Asset Management Americas Inc. now owns 2,285,128 shares of the basic materials company’s stock valued at $303,351,000 after buying an additional 51,316 shares during the period. Institutional investors and hedge funds own 76.98% of the company’s stock.

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About Ecolab

Ecolab Inc provides water, hygiene and energy technologies and services. The Company’s cleaning and sanitizing programs and products, pest elimination services and equipment maintenance and repair services support customers in the foodservice, food and beverage processing, hospitality, healthcare, government and education, retail, textile care and commercial facilities management sectors in over 170 countries.

Insider Buying and Selling by Quarter for Ecolab (NYSE:ECL)

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