NEOS Investment Management LLC Has $11.64 Million Stock Position in Ecolab Inc. $ECL

NEOS Investment Management LLC increased its position in Ecolab Inc. (NYSE:ECL) by 14.6% during the second quarter, Holdings Channel.com reports. The firm owned 41,791 shares of the basic materials company’s stock after buying an additional 5,309 shares during the quarter. NEOS Investment Management LLC’s holdings in Ecolab were worth $11,643,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of ECL. Wexford Capital LP purchased a new stake in shares of Ecolab in the third quarter valued at about $25,000. JPL Wealth Management LLC bought a new stake in shares of Ecolab during the 3rd quarter worth $26,000. Costello Asset Management INC purchased a new position in shares of Ecolab in the 1st quarter worth about $27,000. Kemnay Advisory Services Inc. purchased a new position in shares of Ecolab in the 4th quarter worth about $27,000. Finally, J.Safra Asset Management Corp bought a new position in shares of Ecolab during the 2nd quarter valued at approximately $28,000. 74.91% of the stock is owned by hedge funds and other institutional investors.

Ecolab Price Performance

NYSE ECL opened at $279.91 on Friday. The company has a market capitalization of $78.47 billion, a price-to-earnings ratio of 37.57, a PEG ratio of 2.71 and a beta of 0.88. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.57 and a current ratio of 1.84. The stock has a 50-day moving average of $278.82 and a 200 day moving average of $273.17. Ecolab Inc. has a one year low of $243.15 and a one year high of $309.27.

Ecolab (NYSE:ECL) last released its quarterly earnings results on Tuesday, July 28th. The basic materials company reported $2.09 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.01. The firm had revenue of $4.42 billion for the quarter, compared to analysts’ expectations of $4.38 billion. Ecolab had a return on equity of 22.72% and a net margin of 12.57%.The company’s revenue was up 9.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.89 EPS. Ecolab has set its Q3 2026 guidance at 2.130-2.230 EPS. On average, sell-side analysts forecast that Ecolab Inc. will post 8.17 EPS for the current year.

Ecolab Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 15th will be paid a $0.73 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.0%. Ecolab’s dividend payout ratio is 39.19%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Royal Bank Of Canada reiterated an “outperform” rating and issued a $337.00 price target on shares of Ecolab in a research report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft raised their price target on Ecolab from $325.00 to $335.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Robert W. Baird set a $305.00 price objective on shares of Ecolab in a research note on Wednesday, July 29th. Wells Fargo & Company boosted their price objective on shares of Ecolab from $275.00 to $295.00 and gave the company an “equal weight” rating in a research report on Thursday, July 30th. Finally, Zacks Research downgraded shares of Ecolab from a “hold” rating to a “strong sell” rating in a research note on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $327.56.

Insiders Place Their Bets

In related news, Director Michel D. Doukeris purchased 7,750 shares of the firm’s stock in a transaction on Wednesday, June 10th. The shares were acquired at an average price of $258.00 per share, for a total transaction of $1,999,500.00. Following the purchase, the director directly owned 8,326 shares in the company, valued at $2,148,108. This trade represents a 1,345.49% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Benjamin M. Clark bought 1,000 shares of Ecolab stock in a transaction dated Thursday, June 11th. The stock was purchased at an average cost of $263.83 per share, for a total transaction of $263,830.00. Following the completion of the acquisition, the executive vice president directly owned 1,083 shares of the company’s stock, valued at approximately $285,727.89. The trade was a 1,204.82% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.50% of the stock is currently owned by company insiders.

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.