Ecolab Inc. (NYSE:ECL) EVP Roberto Inchaustegui sold 4,800 shares of Ecolab stock in a transaction on Monday, March 12th. The stock was sold at an average price of $136.04, for a total transaction of $652,992.00. Following the transaction, the executive vice president now directly owns 27,402 shares in the company, valued at $3,727,768.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Ecolab Inc. (ECL) traded down $0.55 on Wednesday, reaching $136.31. 1,540,000 shares of the company traded hands, compared to its average volume of 1,570,000. The company has a market cap of $39,380.00, a PE ratio of 29.70, a P/E/G ratio of 2.04 and a beta of 1.07. Ecolab Inc. has a 1-year low of $122.58 and a 1-year high of $140.50. The company has a quick ratio of 0.92, a current ratio of 1.34 and a debt-to-equity ratio of 0.88.
Ecolab (NYSE:ECL) last posted its quarterly earnings data on Tuesday, February 20th. The basic materials company reported $1.39 EPS for the quarter, missing the consensus estimate of $1.40 by ($0.01). The company had revenue of $3.65 billion during the quarter, compared to the consensus estimate of $3.60 billion. Ecolab had a net margin of 10.90% and a return on equity of 19.10%. The company’s revenue was up 8.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.25 earnings per share. equities research analysts predict that Ecolab Inc. will post 5.35 EPS for the current fiscal year.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Wagner Wealth Management LLC bought a new stake in Ecolab in the 4th quarter valued at $112,000. SeaCrest Wealth Management LLC bought a new stake in Ecolab during the 4th quarter worth about $125,000. Captrust Financial Advisors bought a new stake in Ecolab during the 4th quarter worth about $129,000. Aevitas Wealth Management Inc. bought a new stake in Ecolab during the 4th quarter worth about $133,000. Finally, Community Bank N.A. bought a new stake in Ecolab during the 4th quarter worth about $140,000. 78.34% of the stock is currently owned by institutional investors and hedge funds.
A number of equities analysts have recently weighed in on the stock. Boenning Scattergood reissued a “buy” rating on shares of Ecolab in a research report on Monday, January 22nd. Royal Bank of Canada reissued a “buy” rating on shares of Ecolab in a research report on Friday, January 19th. Zacks Investment Research raised shares of Ecolab from a “hold” rating to a “buy” rating and set a $155.00 price target on the stock in a research report on Monday, January 29th. Credit Suisse Group lifted their price target on shares of Ecolab from $129.00 to $137.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 24th. Finally, Stifel Nicolaus lifted their price target on shares of Ecolab from $140.00 to $153.00 and gave the stock a “hold” rating in a research report on Wednesday, January 24th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $140.88.
Ecolab Company Profile
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.
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