Pacer Advisors Inc. increased its position in Ecolab Inc. (NYSE:ECL – Free Report) by 19.7% in the fourth quarter, HoldingsChannel reports. The firm owned 24,384 shares of the basic materials company’s stock after purchasing an additional 4,015 shares during the quarter. Pacer Advisors Inc.’s holdings in Ecolab were worth $6,401,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ECL. Wexford Capital LP bought a new position in Ecolab during the 3rd quarter valued at approximately $25,000. JPL Wealth Management LLC purchased a new position in shares of Ecolab in the third quarter worth $26,000. Kemnay Advisory Services Inc. purchased a new position in Ecolab during the fourth quarter valued at $27,000. Meeder Asset Management Inc. bought a new stake in Ecolab in the 4th quarter valued at $29,000. Finally, Tradewinds Capital Management LLC lifted its stake in Ecolab by 1,375.0% in the 4th quarter. Tradewinds Capital Management LLC now owns 118 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 110 shares in the last quarter. 74.91% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities research analysts recently commented on the company. Bank of America boosted their target price on Ecolab from $337.00 to $345.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Weiss Ratings downgraded Ecolab from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, May 20th. Robert W. Baird lowered their price target on Ecolab from $320.00 to $296.00 and set an “outperform” rating for the company in a research report on Tuesday, March 24th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $337.00 price target on shares of Ecolab in a research note on Wednesday, May 27th. Finally, JPMorgan Chase & Co. raised Ecolab from a “neutral” rating to an “overweight” rating and set a $295.00 price objective on the stock in a research report on Tuesday, March 24th. One investment 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 company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $323.41.
Insider Buying and Selling at Ecolab
In other news, Director Suzanne M. Vautrinot sold 1,004 shares of Ecolab stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $264.98, for a total transaction of $266,039.92. Following the completion of the transaction, the director directly owned 11,651 shares of the company’s stock, valued at $3,087,281.98. The trade was a 7.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Benjamin M. Clark bought 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was purchased at an average price of $263.83 per share, with a total value of $263,830.00. Following the completion of the purchase, the executive vice president owned 1,083 shares in the company, valued at approximately $285,727.89. This trade represents a 1,204.82% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have acquired 10,550 shares of company stock worth $2,719,508. 0.50% of the stock is currently owned by insiders.
Ecolab Price Performance
Shares of ECL opened at $269.71 on Monday. Ecolab Inc. has a twelve month low of $243.15 and a twelve month high of $309.27. The company has a 50 day moving average of $261.40 and a two-hundred day moving average of $271.15. The company has a quick ratio of 0.73, a current ratio of 0.99 and a debt-to-equity ratio of 0.69. The company has a market cap of $75.91 billion, a price-to-earnings ratio of 36.50, a price-to-earnings-growth ratio of 2.23 and a beta of 0.90.
Ecolab (NYSE:ECL – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The basic materials company reported $1.70 EPS for the quarter, hitting the consensus estimate of $1.70. The business had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $4.03 billion. Ecolab had a net margin of 12.80% and a return on equity of 22.64%. The business’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.50 earnings per share. Ecolab has set its FY 2026 guidance at 8.430-8.630 EPS and its Q2 2026 guidance at 2.020-2.120 EPS. As a group, analysts predict that Ecolab Inc. will post 8.47 earnings per share for the current fiscal year.
Ecolab Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $0.73 per share. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.1%. Ecolab’s dividend payout ratio (DPR) is presently 39.51%.
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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