Vermillion Wealth Management Inc. reduced its stake in shares of Ecolab Inc. (NYSE:ECL – Free Report) by 5.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,658 shares of the basic materials company’s stock after selling 95 shares during the quarter. Vermillion Wealth Management Inc.’s holdings in Ecolab were worth $447,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Wedmont Private Capital increased its stake in Ecolab by 1.3% in the 2nd quarter. Wedmont Private Capital now owns 3,000 shares of the basic materials company’s stock worth $805,000 after purchasing an additional 39 shares during the period. Forum Financial Management LP grew its holdings in shares of Ecolab by 2.8% in the first quarter. Forum Financial Management LP now owns 1,449 shares of the basic materials company’s stock worth $367,000 after purchasing an additional 40 shares during the last quarter. Palumbo Wealth Management LLC increased its stake in shares of Ecolab by 5.0% in the first quarter. Palumbo Wealth Management LLC now owns 902 shares of the basic materials company’s stock worth $229,000 after buying an additional 43 shares during the period. Kirtland Hills Capital Management LLC raised its holdings in Ecolab by 2.0% during the 1st quarter. Kirtland Hills Capital Management LLC now owns 2,199 shares of the basic materials company’s stock valued at $525,000 after buying an additional 43 shares during the last quarter. Finally, Legacy Financial Advisors Inc. grew its holdings in Ecolab by 3.8% in the 1st quarter. Legacy Financial Advisors Inc. now owns 1,170 shares of the basic materials company’s stock worth $297,000 after acquiring an additional 43 shares during the last quarter. Institutional investors own 74.91% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have recently commented on ECL shares. Raymond James Financial began coverage on shares of Ecolab in a research note on Tuesday, August 26th. They set a “market perform” rating for the company. BMO Capital Markets upped their price target on Ecolab from $307.00 to $310.00 and gave the company an “outperform” rating in a research report on Monday, September 8th. Mizuho lifted their price objective on Ecolab from $285.00 to $305.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 15th. Oppenheimer raised Ecolab to an “outperform” rating in a research note on Wednesday, July 30th. Finally, Robert W. Baird raised their price target on Ecolab from $300.00 to $306.00 and gave the stock an “outperform” rating in a research note on Friday, September 5th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $292.00.
Ecolab Stock Performance
Shares of ECL stock opened at $271.04 on Monday. The company’s fifty day moving average price is $272.33 and its 200-day moving average price is $261.52. The stock has a market cap of $76.87 billion, a PE ratio of 36.19, a price-to-earnings-growth ratio of 2.79 and a beta of 1.07. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 0.80. Ecolab Inc. has a 12 month low of $221.62 and a 12 month high of $286.04.
Ecolab (NYSE:ECL – Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.01). Ecolab had a net margin of 13.59% and a return on equity of 22.52%. The business had revenue of $4.03 billion for 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, equities analysts expect that Ecolab Inc. will post 7.54 EPS for the current fiscal year.
Ecolab Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 16th will be given a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, September 16th. Ecolab’s payout ratio is currently 34.71%.
Insider Buying and Selling
In related news, SVP Jennifer J. Bradway sold 807 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $279.28, for a total transaction of $225,378.96. Following the completion of the transaction, the senior vice president owned 4,326 shares of the company’s stock, valued at $1,208,165.28. This trade represents a 15.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director David Maclennan bought 600 shares of the company’s stock in a transaction on Wednesday, August 13th. The stock was bought at an average cost of $278.51 per share, for a total transaction of $167,106.00. Following the completion of the acquisition, the director directly owned 20,253 shares of the company’s stock, valued at approximately $5,640,663.03. This represents a 3.05% increase in their position. The disclosure for this purchase can be found here. 0.50% of the stock is currently owned by company insiders.
Ecolab 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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