Ecolab Inc. (NYSE:ECL) – Equities research analysts at Seaport Global Securities lifted their Q1 2018 earnings per share (EPS) estimates for Ecolab in a note issued to investors on Monday. Seaport Global Securities analyst M. Harrison now anticipates that the basic materials company will post earnings of $0.96 per share for the quarter, up from their previous forecast of $0.93. Seaport Global Securities also issued estimates for Ecolab’s Q2 2018 earnings at $1.33 EPS, Q3 2018 earnings at $1.54 EPS, Q4 2018 earnings at $1.55 EPS, FY2018 earnings at $5.38 EPS, Q1 2019 earnings at $1.12 EPS, Q2 2019 earnings at $1.51 EPS, Q3 2019 earnings at $1.72 EPS, Q4 2019 earnings at $1.73 EPS and FY2019 earnings at $6.07 EPS.

A number of other brokerages have also issued reports on ECL. UBS Group raised their target price on Ecolab from $147.00 to $148.00 and gave the stock a “buy” rating in a research note on Wednesday, November 1st. Royal Bank of Canada increased their price target on Ecolab from $137.00 to $143.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 7th. Zacks Investment Research raised 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. Stifel Nicolaus increased their price target on Ecolab from $140.00 to $153.00 and gave the stock a “hold” rating in a research report on Wednesday, January 24th. Finally, Robert W. Baird cut their price target on Ecolab from $144.00 to $143.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 23rd. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and nine have given a buy rating to the company. Ecolab has a consensus rating of “Hold” and a consensus target price of $140.07.

Ecolab (ECL) opened at $131.74 on Tuesday. The stock has a market capitalization of $38,060.00, a price-to-earnings ratio of 29.67, a P/E/G ratio of 2.00 and a beta of 1.06. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.23 and a quick ratio of 0.83. Ecolab has a 52 week low of $119.42 and a 52 week high of $140.50.

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 16th. Shareholders of record on Tuesday, December 19th were given a dividend of $0.41 per share. This is an increase from Ecolab’s previous quarterly dividend of $0.37. This represents a $1.64 annualized dividend and a yield of 1.24%. The ex-dividend date was Monday, December 18th. Ecolab’s dividend payout ratio (DPR) is currently 33.33%.

In other news, SVP Bruno Lavandier sold 347 shares of the firm’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $134.77, for a total transaction of $46,765.19. Following the sale, the senior vice president now directly owns 7,615 shares in the company, valued at approximately $1,026,273.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Douglas M. Baker, Jr. sold 18,000 shares of the firm’s stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $137.09, for a total value of $2,467,620.00. Following the sale, the chief executive officer now owns 427,548 shares in the company, valued at $58,612,555.32. The disclosure for this sale can be found here. Insiders have sold a total of 57,446 shares of company stock worth $7,886,307 over the last ninety days. 1.49% of the stock is owned by insiders.

Several large investors have recently bought and sold shares of ECL. Atlantic Trust LLC acquired a new stake in shares of Ecolab during the 2nd quarter valued at about $106,000. IHT Wealth Management LLC grew its position in shares of Ecolab by 4.9% during the 2nd quarter. IHT Wealth Management LLC now owns 811 shares of the basic materials company’s stock valued at $116,000 after acquiring an additional 38 shares during the period. SeaCrest Wealth Management LLC acquired a new stake in shares of Ecolab during the 4th quarter valued at about $125,000. Archford Capital Strategies LLC grew its position in shares of Ecolab by 169.8% during the 2nd quarter. Archford Capital Strategies LLC now owns 12,925 shares of the basic materials company’s stock valued at $164,000 after acquiring an additional 8,135 shares during the period. Finally, Cerebellum GP LLC acquired a new stake in shares of Ecolab during the 4th quarter valued at about $174,000. Hedge funds and other institutional investors own 76.63% 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.

Earnings History and Estimates for Ecolab (NYSE:ECL)

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