Ecolab Inc. $ECL Shares Acquired by Mattern Capital Management LLC

Mattern Capital Management LLC increased its position in Ecolab Inc. (NYSE:ECL) by 0.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,311 shares of the basic materials company’s stock after buying an additional 190 shares during the quarter. Mattern Capital Management LLC’s holdings in Ecolab were worth $9,784,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Wedmont Private Capital lifted its holdings in shares of Ecolab by 1.3% in the second quarter. Wedmont Private Capital now owns 3,000 shares of the basic materials company’s stock valued at $805,000 after buying an additional 39 shares during the period. Forum Financial Management LP lifted its position in shares of Ecolab by 2.8% during the 1st quarter. Forum Financial Management LP now owns 1,449 shares of the basic materials company’s stock valued at $367,000 after acquiring an additional 40 shares during the last quarter. Palumbo Wealth Management LLC lifted its position in shares of Ecolab by 5.0% during the 1st quarter. Palumbo Wealth Management LLC now owns 902 shares of the basic materials company’s stock valued at $229,000 after acquiring an additional 43 shares during the last quarter. Kirtland Hills Capital Management LLC lifted its position in shares of 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 acquiring an additional 43 shares during the last quarter. Finally, Legacy Financial Advisors Inc. lifted its position in shares of Ecolab by 3.8% during the 1st quarter. Legacy Financial Advisors Inc. now owns 1,170 shares of the basic materials company’s stock valued at $297,000 after acquiring an additional 43 shares during the last quarter. Institutional investors and hedge funds own 74.91% of the company’s stock.

Ecolab Price Performance

Shares of NYSE:ECL opened at $273.81 on Friday. The company’s fifty day moving average is $272.59 and its two-hundred day moving average is $261.96. The company has a quick ratio of 1.12, a current ratio of 1.44 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. The company has a market cap of $77.66 billion, a P/E ratio of 36.56, a price-to-earnings-growth ratio of 2.77 and a beta of 1.09.

Ecolab (NYSE:ECL) last announced its earnings results on Tuesday, July 29th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.90 by ($0.01). Ecolab had a net margin of 13.59% and a return on equity of 22.52%. The firm had revenue of $4.03 billion for the quarter, compared to analyst estimates 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. Equities analysts expect that Ecolab Inc. will post 7.54 earnings per share 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 paid a $0.65 dividend. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.9%. Ecolab’s dividend payout ratio is 34.71%.

Analyst Upgrades and Downgrades

ECL has been the subject of a number of recent research reports. UBS Group increased their price objective on Ecolab from $293.00 to $295.00 and gave the company a “neutral” rating in a research report on Thursday, August 14th. BMO Capital Markets increased their price objective on Ecolab from $307.00 to $310.00 and gave the company an “outperform” rating in a research report on Monday, September 8th. Mizuho increased their price objective on Ecolab from $285.00 to $305.00 and gave the company an “outperform” rating in a research report on Tuesday, July 15th. Raymond James Financial initiated coverage on Ecolab in a research report on Tuesday, August 26th. They set a “market perform” rating for the company. Finally, Robert W. Baird increased their price objective on Ecolab from $300.00 to $306.00 and gave the company an “outperform” rating in a research report on Friday, September 5th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $292.00.

Insider Transactions at Ecolab

In other news, Director Suzanne M. Vautrinot sold 1,354 shares of the company’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $283.16, for a total value of $383,398.64. Following the transaction, the director directly owned 11,199 shares of the company’s stock, valued at approximately $3,171,108.84. This represents a 10.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Jennifer J. Bradway sold 807 shares of the company’s stock in a transaction 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 directly owned 4,326 shares in the company, valued at $1,208,165.28. This trade represents a 15.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.04% 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.