Deutsche Bank AG Acquires Shares of 821,022 Ecolab Inc. $ECL

Deutsche Bank AG bought a new stake in Ecolab Inc. (NYSE:ECLFree Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 821,022 shares of the basic materials company’s stock, valued at approximately $228,745,000. Deutsche Bank AG owned 0.29% of Ecolab as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Wexford Capital LP acquired a new stake in Ecolab in the 3rd quarter worth about $25,000. JPL Wealth Management LLC acquired a new position in shares of Ecolab during the third quarter valued at approximately $26,000. Costello Asset Management INC acquired a new position in shares of Ecolab during the first quarter valued at approximately $27,000. J.Safra Asset Management Corp purchased a new position in shares of Ecolab in the second quarter valued at approximately $28,000. Finally, Kemnay Advisory Services Inc. acquired a new stake in shares of Ecolab in the fourth quarter worth approximately $27,000. Hedge funds and other institutional investors own 74.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Wells Fargo & Company increased their price objective on Ecolab from $275.00 to $295.00 and gave the company an “equal weight” rating in a research note on Thursday, July 30th. Zacks Research lowered shares of Ecolab from a “hold” rating to a “strong sell” rating in a report on Monday, July 20th. Bank of America raised their price target on shares of Ecolab from $337.00 to $345.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Jefferies Financial Group dropped their price objective on shares of Ecolab from $352.00 to $345.00 and set a “buy” rating for the company in a research note on Wednesday, May 20th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Ecolab from $325.00 to $335.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Ecolab presently has a consensus rating of “Moderate Buy” and an average price target of $327.56.

Check Out Our Latest Analysis on ECL

Insider Transactions at Ecolab

In related news, Director Suzanne M. Vautrinot sold 1,004 shares of the stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $264.98, for a total transaction of $266,039.92. Following the transaction, the director owned 11,651 shares of the company’s stock, valued at approximately $3,087,281.98. This represents a 7.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Darrell R. Brown sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $260.89, for a total value of $2,608,900.00. Following the transaction, the chief operating officer owned 32,733 shares of the company’s stock, valued at $8,539,712.37. This trade represents a 23.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.50% of the company’s stock.

Ecolab Stock Performance

Shares of ECL stock opened at $280.36 on Wednesday. The firm’s 50 day moving average price is $275.33 and its 200-day moving average price is $273.66. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.57 and a current ratio of 1.84. Ecolab Inc. has a one year low of $243.15 and a one year high of $309.27. The firm has a market cap of $78.59 billion, a P/E ratio of 37.63, a P/E/G ratio of 2.38 and a beta of 0.88.

Ecolab (NYSE:ECLGet Free Report) last posted its earnings results on Tuesday, July 28th. The basic materials company reported $2.09 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.01. The firm had revenue of $4.42 billion during the quarter, compared to the consensus estimate of $4.38 billion. Ecolab had a net margin of 12.57% and a return on equity of 22.72%. The firm’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.89 EPS. Ecolab has set its Q3 2026 guidance at 2.130-2.230 EPS. As a group, equities research analysts predict that Ecolab Inc. will post 8.17 EPS for the current year.

Ecolab Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 15th will be issued a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Tuesday, September 15th. Ecolab’s payout ratio is currently 39.19%.

About Ecolab

(Free Report)

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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Institutional Ownership by Quarter for Ecolab (NYSE:ECL)

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