Canopy Partners LLC Boosts Stock Holdings in Ecolab Inc. $ECL

Canopy Partners LLC grew its position in shares of Ecolab Inc. (NYSE:ECL) by 11.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,737 shares of the basic materials company’s stock after purchasing an additional 279 shares during the quarter. Canopy Partners LLC’s holdings in Ecolab were worth $737,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in ECL. Brighton Jones LLC increased 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 worth $867,000 after acquiring an additional 2,302 shares in the last quarter. Wedmont Private Capital increased its stake in shares of Ecolab by 8.0% during the first quarter. Wedmont Private Capital now owns 2,961 shares of the basic materials company’s stock worth $697,000 after purchasing an additional 219 shares in the last quarter. Patriot Financial Group Insurance Agency LLC raised its position in shares of Ecolab by 19.8% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 1,643 shares of the basic materials company’s stock worth $417,000 after purchasing an additional 272 shares during the last quarter. Miracle Mile Advisors LLC lifted its stake in Ecolab by 15.6% in the 1st quarter. Miracle Mile Advisors LLC now owns 5,576 shares of the basic materials company’s stock valued at $1,414,000 after buying an additional 754 shares in the last quarter. Finally, Park Avenue Securities LLC boosted its holdings in Ecolab by 11.2% in the 1st quarter. Park Avenue Securities LLC now owns 10,393 shares of the basic materials company’s stock worth $2,635,000 after buying an additional 1,048 shares during the last quarter. 74.91% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director David Maclennan bought 600 shares of the firm’s stock in a transaction on Wednesday, August 13th. The shares were bought at an average price of $278.51 per share, with a total value of $167,106.00. Following the completion of the transaction, the director directly owned 20,253 shares of the company’s stock, valued at $5,640,663.03. This represents a 3.05% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Jennifer J. Bradway sold 807 shares of the company’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $279.28, for a total transaction of $225,378.96. Following the completion of the transaction, the senior vice president directly owned 4,326 shares in the company, valued at $1,208,165.28. The trade was a 15.72% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.50% of the company’s stock.

Ecolab Trading Down 0.3%

Shares of ECL stock opened at $278.80 on Wednesday. The company’s 50-day moving average price is $273.25 and its 200-day moving average price is $262.56. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 0.80. The stock has a market cap of $79.07 billion, a price-to-earnings ratio of 37.22, a PEG ratio of 2.88 and a beta of 1.09. Ecolab Inc. has a twelve month low of $221.62 and a twelve month high of $286.04.

Ecolab (NYSE:ECL) last announced its quarterly earnings results on Tuesday, July 29th. The basic materials company reported $1.89 earnings per share for the quarter, missing the consensus estimate of $1.90 by ($0.01). The firm had revenue of $4.03 billion for the quarter, compared to analyst estimates of $4.03 billion. Ecolab had a net margin of 13.59% and a return on equity of 22.52%. Ecolab has set its Q3 2025 guidance at 2.020-2.120 EPS. FY 2025 guidance at 7.420-7.620 EPS. As a group, equities analysts predict that Ecolab Inc. will post 7.54 earnings per share for the current year.

Ecolab Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 16th will be given a dividend of $0.65 per share. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $2.60 annualized dividend and a dividend yield of 0.9%. Ecolab’s payout ratio is presently 34.71%.

Wall Street Analysts Forecast Growth

ECL has been the topic of several research reports. Baird R W upgraded Ecolab from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 30th. Robert W. Baird raised their price objective on Ecolab from $300.00 to $306.00 and gave the company an “outperform” rating in a report on Friday, September 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ecolab in a research note on Saturday, September 27th. Mizuho lifted their target price on shares of Ecolab from $285.00 to $305.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 15th. Finally, Oppenheimer raised shares of Ecolab to an “outperform” rating in a research note on Wednesday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Ecolab currently has a consensus rating of “Moderate Buy” and a consensus price target of $292.29.

About Ecolab

Ecolab Inc provides water, hygiene, and infection prevention solutions and services in the United States and internationally. The company operates through three segments: Global Industrial; Global Institutional & Specialty; and Global Healthcare & Life Sciences. The Global Industrial segment offers water treatment and process applications, and cleaning and sanitizing solutions to manufacturing, food and beverage processing, transportation, chemical, metals and mining, power generation, pulp and paper, commercial laundry, petroleum, refining, and petrochemical industries.