Redmond Asset Management LLC Has $5.48 Million Position in Ecolab Inc. $ECL

Redmond Asset Management LLC lessened its holdings in Ecolab Inc. (NYSE:ECL) by 13.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,997 shares of the basic materials company’s stock after selling 3,076 shares during the quarter. Ecolab accounts for approximately 1.3% of Redmond Asset Management LLC’s holdings, making the stock its 16th biggest holding. Redmond Asset Management LLC’s holdings in Ecolab were worth $5,476,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ECL. Brighton Jones LLC raised its position in Ecolab by 164.7% in the fourth quarter. Brighton Jones LLC now owns 3,700 shares of the basic materials company’s stock worth $867,000 after purchasing an additional 2,302 shares in the last quarter. Sivia Capital Partners LLC grew its stake in shares of Ecolab by 39.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,384 shares of the basic materials company’s stock valued at $373,000 after purchasing an additional 394 shares during the period. Schnieders Capital Management LLC. raised its holdings in shares of Ecolab by 22.9% in the 2nd quarter. Schnieders Capital Management LLC. now owns 1,166 shares of the basic materials company’s stock worth $314,000 after buying an additional 217 shares in the last quarter. Brookstone Capital Management raised its holdings in shares of Ecolab by 7.5% in the 2nd quarter. Brookstone Capital Management now owns 1,693 shares of the basic materials company’s stock worth $456,000 after buying an additional 118 shares in the last quarter. Finally, Wealthfront Advisers LLC lifted its position in shares of Ecolab by 5.3% during the 2nd quarter. Wealthfront Advisers LLC now owns 25,007 shares of the basic materials company’s stock worth $6,738,000 after buying an additional 1,248 shares during the period. 74.91% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ECL has been the topic of a number of analyst reports. Citigroup upped their price target on Ecolab from $324.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Mizuho set a $335.00 target price on shares of Ecolab in a research note on Wednesday, February 11th. Jefferies Financial Group increased their target price on shares of Ecolab from $315.00 to $352.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. BNP Paribas Exane reissued an “outperform” rating and set a $345.00 price target (up from $330.00) on shares of Ecolab in a report on Thursday, February 12th. Finally, Erste Group Bank lowered shares of Ecolab from a “buy” rating to a “hold” rating in a research report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $323.56.

Insider Activity at Ecolab

In other news, Director David Maclennan bought 750 shares of the company’s stock in a transaction dated Monday, December 8th. The stock was bought at an average price of $257.60 per share, for a total transaction of $193,200.00. Following the completion of the transaction, the director directly owned 23,035 shares in the company, valued at $5,933,816. The trade was a 3.37% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.50% of the company’s stock.

Ecolab Stock Up 0.8%

Shares of NYSE ECL opened at $308.08 on Wednesday. Ecolab Inc. has a 12-month low of $221.62 and a 12-month high of $309.27. The firm’s 50-day simple moving average is $280.21 and its 200 day simple moving average is $273.52. The company has a quick ratio of 0.81, a current ratio of 1.08 and a debt-to-equity ratio of 0.75. The company has a market cap of $87.26 billion, a price-to-earnings ratio of 42.32, a price-to-earnings-growth ratio of 2.51 and a beta of 0.99.

Ecolab (NYSE:ECL) last announced its earnings results on Tuesday, February 10th. The basic materials company reported $2.08 earnings per share for the quarter, topping analysts’ consensus estimates of $2.07 by $0.01. Ecolab had a net margin of 12.91% and a return on equity of 22.73%. The company had revenue of $4.20 billion during the quarter, compared to the consensus estimate of $4.20 billion. During the same period in the previous year, the firm posted $1.81 earnings per share. The company’s revenue was up 4.8% on a year-over-year basis. Ecolab has set its FY 2026 guidance at 8.430-8.630 EPS and its Q1 2026 guidance at 1.670-1.730 EPS. On average, research analysts expect that Ecolab Inc. will post 7.54 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, April 15th. Shareholders of record on Tuesday, March 17th will be given a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Tuesday, March 17th. Ecolab’s dividend payout ratio (DPR) is presently 40.11%.

Ecolab Company Profile

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.