Zevenbergen Capital Investments LLC boosted its stake in Ecolab Inc. (NYSE:ECL – Free Report) by 3.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,690 shares of the basic materials company’s stock after acquiring an additional 190 shares during the period. Zevenbergen Capital Investments LLC’s holdings in Ecolab were worth $1,533,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Nemes Rush Group LLC lifted its position in Ecolab by 6.6% during the first quarter. Nemes Rush Group LLC now owns 42,899 shares of the basic materials company’s stock valued at $10,876,000 after buying an additional 2,651 shares during the period. University of Texas Texas AM Investment Management Co. lifted its position in Ecolab by 32.4% during the first quarter. University of Texas Texas AM Investment Management Co. now owns 14,005 shares of the basic materials company’s stock valued at $3,551,000 after buying an additional 3,428 shares during the period. Miracle Mile Advisors LLC lifted its position in Ecolab by 15.6% during the first quarter. Miracle Mile Advisors LLC now owns 5,576 shares of the basic materials company’s stock valued at $1,414,000 after buying an additional 754 shares during the period. Mirabaud & Cie SA lifted its position in Ecolab by 1.1% during the first quarter. Mirabaud & Cie SA now owns 5,092 shares of the basic materials company’s stock valued at $1,291,000 after buying an additional 55 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its position in Ecolab by 19.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 120,176 shares of the basic materials company’s stock valued at $30,467,000 after buying an additional 19,431 shares during the period. Hedge funds and other institutional investors own 74.91% of the company’s stock.
Insiders Place Their Bets
In other Ecolab news, Director Suzanne M. Vautrinot sold 1,354 shares of the business’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $283.16, for a total value of $383,398.64. Following the completion of the transaction, the director owned 11,199 shares of the company’s stock, valued at approximately $3,171,108.84. The trade was a 10.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director David Maclennan bought 600 shares of the firm’s stock in a transaction on Wednesday, August 13th. The stock was acquired at an average cost of $278.51 per share, with a total value of $167,106.00. Following the transaction, the director 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 can be found here. 0.04% of the stock is owned by insiders.
Analyst Ratings Changes
Check Out Our Latest Stock Analysis on Ecolab
Ecolab Price Performance
Shares of NYSE:ECL opened at $272.74 on Friday. Ecolab Inc. has a fifty-two week low of $221.62 and a fifty-two week high of $286.04. The business has a 50-day simple moving average of $272.57 and a two-hundred day simple moving average of $261.37. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.12 and a current ratio of 1.44. The firm has a market cap of $77.36 billion, a price-to-earnings ratio of 36.41, a price-to-earnings-growth ratio of 2.83 and a beta of 1.07.
Ecolab (NYSE:ECL – Get Free Report) last issued its earnings results on Tuesday, July 29th. The basic materials company reported $1.89 earnings per share for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.01). Ecolab had a return on equity of 22.52% and a net margin of 13.59%.The business had revenue of $4.03 billion during the quarter, compared to analysts’ expectations of $4.03 billion. Ecolab has set its Q3 2025 guidance at 2.020-2.120 EPS. FY 2025 guidance at 7.420-7.620 EPS. On average, analysts expect that Ecolab Inc. will post 7.54 earnings per share for the current year.
Ecolab Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 16th will be given a $0.65 dividend. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $2.60 dividend on an annualized basis and a yield of 1.0%. Ecolab’s payout ratio is 34.71%.
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.
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