Mission Wealth Management LP Has $1.78 Million Stock Position in Ecolab Inc. $ECL

Mission Wealth Management LP raised its holdings in Ecolab Inc. (NYSE:ECL) by 58.2% in the second quarter, Holdings Channel reports. The fund owned 6,599 shares of the basic materials company’s stock after acquiring an additional 2,427 shares during the period. Mission Wealth Management LP’s holdings in Ecolab were worth $1,778,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ECL. Brighton Jones LLC grew its position in shares of 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. Truist Financial Corp boosted its holdings in shares of Ecolab by 3.0% in the first quarter. Truist Financial Corp now owns 428,572 shares of the basic materials company’s stock valued at $108,652,000 after buying an additional 12,465 shares during the period. Olde Wealth Management LLC acquired a new position in shares of Ecolab in the first quarter valued at approximately $38,000. Wayfinding Financial LLC acquired a new position in shares of Ecolab in the first quarter valued at approximately $80,000. Finally, World Investment Advisors boosted its stake in Ecolab by 6.0% in the 1st quarter. World Investment Advisors now owns 18,404 shares of the basic materials company’s stock worth $4,666,000 after purchasing an additional 1,043 shares during the period. 74.91% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Ecolab

In other Ecolab news, SVP Jennifer J. Bradway sold 807 shares of the stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $279.28, for a total value of $225,378.96. Following the completion of the sale, the senior vice president owned 4,326 shares in the company, valued at $1,208,165.28. This trade represents a 15.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director David Maclennan bought 600 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The stock was purchased at an average price of $278.51 per share, with a total value of $167,106.00. Following the completion of the purchase, the director directly owned 20,253 shares in the company, valued at $5,640,663.03. The trade was a 3.05% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.04% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on ECL shares. Citigroup reduced their target price on shares of Ecolab from $325.00 to $323.00 and set a “buy” rating for the company in a research note on Wednesday. Wells Fargo & Company upped their price objective on Ecolab from $260.00 to $270.00 and gave the stock an “equal weight” rating in a research report on Monday, October 27th. Raymond James Financial started coverage on Ecolab in a research report on Tuesday, August 26th. They set a “market perform” rating for the company. Stifel Nicolaus reduced their price target on Ecolab from $303.00 to $300.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Erste Group Bank initiated coverage on Ecolab in a research report on Tuesday, October 14th. They set a “buy” rating for the company. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $294.77.

Ecolab Stock Performance

Shares of NYSE ECL opened at $256.51 on Monday. The stock has a 50 day moving average price of $272.43 and a 200 day moving average price of $266.62. Ecolab Inc. has a 52 week low of $221.62 and a 52 week high of $286.04. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.12 and a current ratio of 1.70. The stock has a market capitalization of $72.75 billion, a PE ratio of 36.85, a price-to-earnings-growth ratio of 2.65 and a beta of 1.09.

Ecolab (NYSE:ECL) last released its quarterly earnings data on Tuesday, October 28th. The basic materials company reported $2.07 EPS for the quarter, meeting the consensus estimate of $2.07. The company had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.12 billion. Ecolab had a return on equity of 22.55% and a net margin of 12.49%.The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.57 EPS. Ecolab has set its Q4 2025 guidance at 2.020-2.120 EPS. FY 2025 guidance at 7.480-7.580 EPS. Analysts predict that Ecolab Inc. will post 7.54 earnings per share for the current fiscal year.

Ecolab Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 16th were paid a $0.65 dividend. The ex-dividend date was Tuesday, September 16th. This represents a $2.60 dividend on an annualized basis and a yield of 1.0%. Ecolab’s dividend payout ratio (DPR) is currently 37.36%.

Ecolab Company Profile

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.