Elevation Point Wealth Partners LLC lifted its stake in shares of Ecolab Inc. (NYSE:ECL – Free Report) by 180.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,850 shares of the basic materials company’s stock after acquiring an additional 3,120 shares during the period. Elevation Point Wealth Partners LLC’s holdings in Ecolab were worth $1,293,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in ECL. Turtle Creek Wealth Advisors LLC raised its holdings in Ecolab by 3.6% in the 4th quarter. Turtle Creek Wealth Advisors LLC now owns 1,028 shares of the basic materials company’s stock valued at $270,000 after acquiring an additional 36 shares during the last quarter. HBK Sorce Advisory LLC raised its holdings in Ecolab by 2.7% in the fourth quarter. HBK Sorce Advisory LLC now owns 1,362 shares of the basic materials company’s stock valued at $395,000 after buying an additional 36 shares during the period. Steigerwald Gordon & Koch Inc. lifted its position in Ecolab by 22.0% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 211 shares of the basic materials company’s stock valued at $55,000 after buying an additional 38 shares in the last quarter. Addison Advisors LLC grew its stake in Ecolab by 5.2% during the fourth quarter. Addison Advisors LLC now owns 764 shares of the basic materials company’s stock worth $201,000 after buying an additional 38 shares during the period. Finally, CYBER HORNET ETFs LLC grew its stake in Ecolab by 5.5% during the fourth quarter. CYBER HORNET ETFs LLC now owns 730 shares of the basic materials company’s stock worth $192,000 after buying an additional 38 shares during the period. Institutional investors and hedge funds own 74.91% of the company’s stock.
Insider Buying and Selling at Ecolab
In related news, Director Suzanne M. Vautrinot sold 1,004 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $264.98, for a total value of $266,039.92. Following the sale, the director owned 11,651 shares of the company’s stock, valued at $3,087,281.98. This trade represents a 7.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michel D. Doukeris acquired 7,750 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was purchased at an average price of $258.00 per share, for a total transaction of $1,999,500.00. Following the completion of the transaction, the director owned 8,326 shares in the company, valued at $2,148,108. The trade was a 1,345.49% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have purchased 10,550 shares of company stock valued at $2,719,508. Corporate insiders own 0.50% of the company’s stock.
Ecolab Stock Up 0.1%
Ecolab (NYSE:ECL – Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The basic materials company reported $1.70 EPS for the quarter, hitting analysts’ consensus estimates of $1.70. Ecolab had a return on equity of 22.64% and a net margin of 12.80%.The firm had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $4.03 billion. During the same period in the prior year, the business earned $1.50 EPS. The firm’s revenue was up 10.0% on a year-over-year basis. Ecolab has set its FY 2026 guidance at 8.430-8.630 EPS and its Q2 2026 guidance at 2.020-2.120 EPS. Equities research analysts forecast that Ecolab Inc. will post 8.45 earnings per share for the current year.
Ecolab Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th will be given a dividend of $0.73 per share. The ex-dividend date is Tuesday, June 16th. This represents a $2.92 annualized dividend and a dividend yield of 1.0%. Ecolab’s dividend payout ratio is currently 39.51%.
Analyst Upgrades and Downgrades
A number of research analysts have commented on ECL shares. Citigroup boosted their price objective on Ecolab from $325.00 to $330.00 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft upgraded Ecolab from a “hold” rating to a “buy” rating and set a $325.00 target price on the stock in a report on Monday, April 20th. Wells Fargo & Company upped their target price on shares of Ecolab from $260.00 to $275.00 and gave the company an “equal weight” rating in a research note on Wednesday, June 10th. Weiss Ratings lowered shares of Ecolab from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 20th. Finally, Berenberg Bank raised shares of Ecolab from a “hold” rating to a “buy” rating and set a $326.00 price target on the stock in a research note on Monday, March 16th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $323.71.
About Ecolab
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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