Nykredit A S Purchases Shares of 127,578 Ecolab Inc. $ECL

Nykredit A S bought a new position in shares of Ecolab Inc. (NYSE:ECLFree Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 127,578 shares of the basic materials company’s stock, valued at approximately $35,545,000.

Other institutional investors have also added to or reduced their stakes in the company. HBK Sorce Advisory LLC lifted its holdings in shares of Ecolab by 2.7% during the fourth quarter. HBK Sorce Advisory LLC now owns 1,362 shares of the basic materials company’s stock worth $395,000 after buying an additional 36 shares in the last quarter. Addison Advisors LLC grew its stake in shares of Ecolab by 5.2% in the fourth quarter. Addison Advisors LLC now owns 764 shares of the basic materials company’s stock valued at $201,000 after acquiring an additional 38 shares in the last quarter. CYBER HORNET ETFs LLC grew its stake in shares of Ecolab by 5.5% in the fourth quarter. CYBER HORNET ETFs LLC now owns 730 shares of the basic materials company’s stock valued at $192,000 after acquiring an additional 38 shares in the last quarter. Rothschild Investment LLC increased its position in Ecolab by 9.0% during the fourth quarter. Rothschild Investment LLC now owns 486 shares of the basic materials company’s stock worth $128,000 after acquiring an additional 40 shares during the period. Finally, Golden State Wealth Management LLC raised its stake in Ecolab by 23.7% in the 4th quarter. Golden State Wealth Management LLC now owns 209 shares of the basic materials company’s stock worth $55,000 after purchasing an additional 40 shares in the last quarter. 74.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Ecolab

In other news, COO Darrell R. Brown sold 10,000 shares of Ecolab 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 transaction, the chief operating officer owned 32,733 shares in the company, valued at approximately $8,539,712.37. The trade was a 23.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Christophe Beck sold 17,862 shares of the business’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $280.14, for a total transaction of $5,003,860.68. Following the completion of the sale, the chief executive officer directly owned 72,932 shares in the company, valued at approximately $20,431,170.48. This represents a 19.67% decrease in their position. The SEC filing for this sale provides additional information. 0.50% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on ECL shares. Citigroup lifted 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. Deutsche Bank Aktiengesellschaft raised their price objective on Ecolab from $325.00 to $335.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Wells Fargo & Company upped their target price on Ecolab from $275.00 to $295.00 and gave the company an “equal weight” rating in a research report on Thursday, July 30th. Mizuho increased their target price on Ecolab from $325.00 to $327.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Finally, UBS Group restated a “buy” rating and issued a $342.00 price target on shares of Ecolab in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $327.56.

Get Our Latest Stock Report on ECL

Ecolab Stock Down 0.4%

Shares of NYSE:ECL opened at $278.83 on Friday. Ecolab Inc. has a 52-week low of $243.15 and a 52-week high of $309.27. The company has a market capitalization of $78.16 billion, a PE ratio of 37.43, a price-to-earnings-growth ratio of 2.71 and a beta of 0.88. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.57 and a current ratio of 1.84. The company has a fifty day moving average of $278.89 and a 200-day moving average of $273.13.

Ecolab (NYSE:ECLGet Free Report) last released its quarterly earnings data 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. Ecolab had a return on equity of 22.72% and a net margin of 12.57%.The company had revenue of $4.42 billion for the quarter, compared to the consensus estimate of $4.38 billion. During the same quarter last year, the business posted $1.89 EPS. Ecolab’s revenue for the quarter was up 9.7% on a year-over-year basis. Ecolab has set its Q3 2026 guidance at 2.130-2.230 EPS. On average, equities analysts predict that Ecolab Inc. will post 8.17 EPS for the current fiscal year.

Ecolab Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 15th will be given a dividend of $0.73 per share. The ex-dividend date is Tuesday, September 15th. This represents a $2.92 annualized dividend and a yield of 1.0%. Ecolab’s dividend payout ratio (DPR) 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.

Featured Stories

Want to see what other hedge funds are holding ECL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ecolab Inc. (NYSE:ECLFree Report).

Institutional Ownership by Quarter for Ecolab (NYSE:ECL)

Receive News & Ratings for Ecolab Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ecolab and related companies with MarketBeat.com's FREE daily email newsletter.