Erste Asset Management GmbH raised its stake in Ecolab Inc. (NYSE:ECL – Free Report) by 2.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 163,731 shares of the basic materials company’s stock after purchasing an additional 3,500 shares during the period. Erste Asset Management GmbH owned approximately 0.06% of Ecolab worth $43,464,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of ECL. Brighton Jones LLC boosted its holdings in Ecolab by 164.7% in the 4th quarter. Brighton Jones LLC now owns 3,700 shares of the basic materials company’s stock valued at $867,000 after purchasing an additional 2,302 shares during the period. Sivia Capital Partners LLC boosted its holdings in Ecolab by 39.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,384 shares of the basic materials company’s stock valued at $373,000 after purchasing an additional 394 shares during the period. Schnieders Capital Management LLC. boosted its holdings in Ecolab by 22.9% in the 2nd quarter. Schnieders Capital Management LLC. now owns 1,166 shares of the basic materials company’s stock valued at $314,000 after purchasing an additional 217 shares during the period. NewEdge Advisors LLC boosted its holdings in Ecolab by 0.8% in the 2nd quarter. NewEdge Advisors LLC now owns 21,096 shares of the basic materials company’s stock valued at $5,684,000 after purchasing an additional 171 shares during the period. Finally, CIBC Asset Management Inc boosted its holdings in Ecolab by 49.4% in the 2nd quarter. CIBC Asset Management Inc now owns 58,421 shares of the basic materials company’s stock valued at $15,741,000 after purchasing an additional 19,324 shares during the period. 74.91% of the stock is owned by institutional investors.
Insider Activity
In related news, Director David Maclennan acquired 1,000 shares of the stock in a transaction on Wednesday, May 13th. The stock was purchased at an average price of $250.65 per share, for a total transaction of $250,650.00. Following the transaction, the director owned 25,230 shares of the company’s stock, valued at $6,323,899.50. The trade was a 4.13% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Suzanne M. Vautrinot sold 1,004 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $264.98, for a total transaction of $266,039.92. Following the completion of the sale, the director owned 11,651 shares of the company’s stock, valued at $3,087,281.98. The trade was a 7.93% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.50% of the company’s stock.
Ecolab Trading Up 0.2%
Ecolab (NYSE:ECL – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The basic materials company reported $1.70 earnings per share for the quarter, meeting the consensus estimate of $1.70. The firm had revenue of $4.07 billion during the quarter, compared to analysts’ expectations of $4.03 billion. Ecolab had a net margin of 12.80% and a return on equity of 22.64%. The company’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.50 EPS. Ecolab has set its FY 2026 guidance at 8.430-8.630 EPS and its Q2 2026 guidance at 2.020-2.120 EPS. As a group, equities analysts anticipate that Ecolab Inc. will post 8.47 earnings per share for the current fiscal year.
Ecolab Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th will be given a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.1%. The ex-dividend date is Tuesday, June 16th. Ecolab’s dividend payout ratio (DPR) is presently 39.51%.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on ECL. Bank of America increased their price target on shares of Ecolab from $337.00 to $345.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Jefferies Financial Group decreased their target price on shares of Ecolab from $352.00 to $345.00 and set a “buy” rating on the stock in a research report on Wednesday, May 20th. Stifel Nicolaus lifted their target price on shares of Ecolab from $300.00 to $337.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. UBS Group upgraded shares of Ecolab from a “neutral” rating to a “buy” rating and lifted their target price for the company from $293.00 to $325.00 in a research report on Wednesday, May 27th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $337.00 target price on shares of Ecolab in a research report on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $322.53.
View Our Latest Research Report on Ecolab
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.
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