Global Financial Private Capital LLC Takes $211,000 Position in Ecolab Inc. (ECL)

Global Financial Private Capital LLC bought a new position in Ecolab Inc. (NYSE:ECL) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,574 shares of the basic materials company’s stock, valued at approximately $211,000.

Several other institutional investors have also recently added to or reduced their stakes in ECL. SeaCrest Wealth Management LLC purchased a new position in shares of Ecolab in the fourth quarter worth approximately $125,000. Community Bank N.A. purchased a new position in shares of Ecolab in the fourth quarter worth approximately $140,000. Cerebellum GP LLC acquired a new stake in shares of Ecolab during the fourth quarter worth approximately $174,000. Chelsea Counsel Co. acquired a new stake in shares of Ecolab during the fourth quarter worth approximately $201,000. Finally, Wesbanco Bank Inc. acquired a new stake in shares of Ecolab during the fourth quarter worth approximately $201,000. 76.59% of the stock is currently owned by institutional investors and hedge funds.

Shares of Ecolab Inc. (NYSE:ECL) opened at $131.72 on Wednesday. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.23 and a quick ratio of 0.83. The stock has a market cap of $37,989.34, a P/E ratio of 28.90, a price-to-earnings-growth ratio of 1.92 and a beta of 1.06. Ecolab Inc. has a one year low of $121.50 and a one year high of $140.50.

Ecolab (NYSE:ECL) last posted its earnings results on Tuesday, February 20th. The basic materials company reported $1.39 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.40 by ($0.01). The business had revenue of $3.65 billion during the quarter, compared to analyst estimates of $3.60 billion. Ecolab had a net margin of 9.67% and a return on equity of 19.05%. Ecolab’s revenue was up 8.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.25 earnings per share. equities research analysts predict that Ecolab Inc. will post 4.7 EPS for the current fiscal year.

Several research firms recently commented on ECL. Credit Suisse Group raised their price target on shares of Ecolab from $129.00 to $137.00 and gave the stock a “neutral” rating in a report on Wednesday, January 24th. Robert W. Baird decreased their price target on shares of Ecolab from $144.00 to $143.00 and set a “neutral” rating for the company in a report on Tuesday, January 23rd. Barclays raised their price target on shares of Ecolab from $135.00 to $145.00 and gave the stock an “overweight” rating in a report on Wednesday, November 1st. Stifel Nicolaus raised their price target on shares of Ecolab from $140.00 to $153.00 and gave the stock a “hold” rating in a report on Wednesday, January 24th. Finally, UBS Group raised their price target on shares of Ecolab from $147.00 to $148.00 and gave the stock a “buy” rating in a report on Wednesday, November 1st. One analyst has rated the stock with a sell rating, ten have issued a hold rating and nine have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $140.07.

In other Ecolab news, CFO Daniel J. Schmechel sold 1,708 shares of Ecolab stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $136.30, for a total value of $232,800.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Bruno Lavandier sold 1,250 shares of Ecolab stock in a transaction that occurred on Friday, December 8th. The shares were sold at an average price of $135.71, for a total transaction of $169,637.50. Following the completion of the sale, the senior vice president now owns 7,725 shares of the company’s stock, valued at $1,048,359.75. The disclosure for this sale can be found here. Insiders sold 57,446 shares of company stock valued at $7,886,307 over the last quarter. Corporate insiders own 1.49% of the company’s stock.

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About Ecolab

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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Institutional Ownership by Quarter for Ecolab (NYSE:ECL)

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