Media coverage about Ecolab (NYSE:ECL) has been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ecolab earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news headlines about the basic materials company an impact score of 47.5101167906948 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- Ecolab Inc. (NYSE:ECL) – Here’s What to Focus on – Nasdaq Journal (nasdaqjournal.com)
- Bill Gates Buys 1.3 Million Shares of Ecolab Inc. – GuruFocus.com – GuruFocus.com (gurufocus.com)
- Ecolab Inc. (ECL) Director Buys $860,288.00 in Stock (americanbankingnews.com)
- Ecolab (ECL) & Bioamber (BIOA) Head to Head Analysis (americanbankingnews.com)
- [$$] Bill Gates Buys $177 Million in Ecolab Stock (finance.yahoo.com)
Ecolab (NYSE:ECL) traded down $0.52 during mid-day trading on Wednesday, hitting $136.31. The stock had a trading volume of 1,536,401 shares, compared to its average volume of 1,432,196. The firm has a market capitalization of $39,510.05, a P/E ratio of 26.52, a P/E/G ratio of 2.04 and a beta of 1.07. Ecolab has a 1-year low of $122.58 and a 1-year high of $140.50. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.34 and a quick ratio of 0.92.
The business also recently declared a quarterly dividend, which will be paid on Monday, April 16th. Stockholders of record on Tuesday, March 20th will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 1.20%. The ex-dividend date is Monday, March 19th. Ecolab’s dividend payout ratio (DPR) is presently 31.91%.
Several research firms have recently commented on ECL. Canaccord Genuity set a $145.00 price target on Ecolab and gave the stock a “buy” rating in a report on Monday. Royal Bank of Canada restated a “buy” rating on shares of Ecolab in a report on Friday, January 19th. Citigroup boosted their price objective on shares of Ecolab from $140.00 to $144.00 and gave the company a “neutral” rating in a report on Thursday, February 22nd. Credit Suisse Group boosted their price objective on shares of Ecolab from $129.00 to $137.00 and gave the company a “neutral” rating in a report on Wednesday, January 24th. Finally, Boenning Scattergood reiterated a “buy” rating on shares of Ecolab in a research note on Monday, January 22nd. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and nine have given a buy rating to the company’s stock. Ecolab has a consensus rating of “Hold” and a consensus price target of $140.88.
In other Ecolab news, major shareholder William H. Gates III acquired 694,343 shares of the business’s stock in a transaction on Wednesday, March 7th. The stock was purchased at an average price of $132.10 per share, for a total transaction of $91,722,710.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder William H. Gates III bought 442,519 shares of the stock in a transaction on Friday, March 9th. The stock was purchased at an average cost of $134.60 per share, for a total transaction of $59,563,057.40. The disclosure for this purchase can be found here. Insiders have bought 1,143,262 shares of company stock valued at $152,146,056 in the last 90 days. Company insiders own 1.49% of the company’s stock.
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Ecolab Company Profile
Ecolab Inc provides water, hygiene and energy technologies and services. The Company’s cleaning and sanitizing programs and products, pest elimination services and equipment maintenance and repair services support customers in the foodservice, food and beverage processing, hospitality, healthcare, government and education, retail, textile care and commercial facilities management sectors in over 170 countries.
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