Keybank National Association OH raised its holdings in shares of Ecolab Inc. (NYSE:ECL – Free Report) by 7.6% during the first quarter, HoldingsChannel.com reports. The firm owned 25,558 shares of the basic materials company’s stock after acquiring an additional 1,805 shares during the quarter. Keybank National Association OH’s holdings in Ecolab were worth $6,799,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of the business. Eagle Bluffs Wealth Management LLC boosted its stake in Ecolab by 3.2% in the first quarter. Eagle Bluffs Wealth Management LLC now owns 5,068 shares of the basic materials company’s stock valued at $1,352,000 after acquiring an additional 156 shares during the last quarter. Stock Yards Bank & Trust Co. raised its position in shares of Ecolab by 1.9% during the 1st quarter. Stock Yards Bank & Trust Co. now owns 2,695 shares of the basic materials company’s stock valued at $717,000 after acquiring an additional 50 shares during the last quarter. Twin City Private Wealth LLC lifted its stake in shares of Ecolab by 3.3% in the 1st quarter. Twin City Private Wealth LLC now owns 2,020 shares of the basic materials company’s stock valued at $539,000 after purchasing an additional 65 shares during the period. Capital Asset Advisory Services LLC bought a new position in shares of Ecolab in the 1st quarter worth $216,000. Finally, Essex Financial Services Inc. grew its stake in shares of Ecolab by 8.1% during the first quarter. Essex Financial Services Inc. now owns 1,544 shares of the basic materials company’s stock worth $411,000 after purchasing an additional 116 shares during the period. Institutional investors and hedge funds own 74.91% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on the company. Royal Bank Of Canada reissued an “outperform” rating and issued a $337.00 target price on shares of Ecolab in a research note on Wednesday, May 27th. Weiss Ratings lowered Ecolab from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, May 20th. Citigroup increased their price target on shares of Ecolab from $325.00 to $330.00 and gave the company a “buy” rating in a research report on Wednesday, June 24th. JPMorgan Chase & Co. raised shares of Ecolab from a “neutral” rating to an “overweight” rating and set a $295.00 price objective on the stock in a research note on Tuesday, March 24th. Finally, UBS Group upgraded shares of Ecolab from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $293.00 to $325.00 in a report on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $323.71.
Insider Transactions at Ecolab
In related news, COO Darrell R. Brown sold 10,000 shares of the firm’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $260.89, for a total transaction of $2,608,900.00. Following the sale, the chief operating officer directly owned 32,733 shares in the company, valued at $8,539,712.37. This trade represents a 23.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Michel D. Doukeris acquired 7,750 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was bought at an average cost of $258.00 per share, for a total transaction of $1,999,500.00. Following the completion of the transaction, the director directly owned 8,326 shares in the company, valued at $2,148,108. This represents a 1,345.49% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have purchased 10,550 shares of company stock valued at $2,719,508. 0.50% of the stock is currently owned by insiders.
Ecolab Stock Down 0.1%
NYSE:ECL opened at $283.17 on Friday. Ecolab Inc. has a 1 year low of $243.15 and a 1 year high of $309.27. The company has a current ratio of 0.99, a quick ratio of 0.73 and a debt-to-equity ratio of 0.69. The stock has a market cap of $79.70 billion, a price-to-earnings ratio of 38.32, a PEG ratio of 2.35 and a beta of 0.89. The stock has a 50-day moving average price of $262.51 and a two-hundred day moving average price of $272.25.
Ecolab (NYSE:ECL – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The basic materials company reported $1.70 EPS for the quarter, hitting analysts’ consensus estimates of $1.70. Ecolab had a return on equity of 22.64% and a net margin of 12.80%.The company had revenue of $4.07 billion for the quarter, compared to analyst estimates of $4.03 billion. During the same quarter last year, the firm posted $1.50 earnings per share. Ecolab’s revenue was up 10.0% compared to the same quarter last year. 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, equities analysts expect that Ecolab Inc. will post 8.45 earnings per share for the current year.
Ecolab Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th will be issued a dividend of $0.73 per share. This represents a $2.92 annualized dividend and a yield of 1.0%. The ex-dividend date is Tuesday, June 16th. Ecolab’s dividend payout ratio (DPR) is 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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