Vestmark Advisory Solutions Inc. lessened its stake in shares of Ecolab Inc. (NYSE:ECL – Free Report) by 42.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 15,265 shares of the basic materials company’s stock after selling 11,157 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Ecolab were worth $4,113,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the company. St. Johns Investment Management Company LLC increased its holdings in Ecolab by 1.3% in the 2nd quarter. St. Johns Investment Management Company LLC now owns 2,995 shares of the basic materials company’s stock worth $807,000 after purchasing an additional 38 shares in the last quarter. Wedmont Private Capital grew its holdings in shares of Ecolab by 1.3% during the second 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 last quarter. Eads & Heald Wealth Management increased its stake in shares of Ecolab by 0.5% in the second quarter. Eads & Heald Wealth Management now owns 7,534 shares of the basic materials company’s stock valued at $2,030,000 after buying an additional 39 shares during the period. Forum Financial Management LP raised its holdings in Ecolab by 2.8% in the 1st quarter. Forum Financial Management LP now owns 1,449 shares of the basic materials company’s stock valued at $367,000 after buying an additional 40 shares during the last quarter. Finally, Kirtland Hills Capital Management LLC boosted its position 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 worth $525,000 after buying an additional 43 shares during the period. 74.91% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In related news, Director David Maclennan bought 600 shares of the company’s stock in a transaction that occurred on Wednesday, August 13th. The shares were bought at an average price of $278.51 per share, for a total transaction of $167,106.00. Following the transaction, the director directly owned 20,253 shares of the company’s stock, valued at approximately $5,640,663.03. The trade was a 3.05% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Suzanne M. Vautrinot sold 1,354 shares of the firm’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $283.16, for a total transaction of $383,398.64. Following the completion of the sale, the director owned 11,199 shares of the company’s stock, valued at $3,171,108.84. The trade was a 10.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.04% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Analysis on Ecolab
Ecolab Stock Performance
Shares of Ecolab stock opened at $255.86 on Friday. The business has a 50-day moving average price of $270.19 and a two-hundred day moving average price of $267.11. Ecolab Inc. has a 1-year low of $221.62 and a 1-year high of $286.04. The company has a current ratio of 1.70, a quick ratio of 1.12 and a debt-to-equity ratio of 0.83. The company has a market cap of $72.47 billion, a P/E ratio of 36.76, a PEG ratio of 2.65 and a beta of 1.07.
Ecolab (NYSE:ECL – Get Free Report) last announced its earnings results on Tuesday, October 28th. The basic materials company reported $2.07 EPS for the quarter, meeting the consensus estimate of $2.07. Ecolab had a return on equity of 22.55% and a net margin of 12.49%.The company had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.12 billion. During the same quarter in the prior year, the company earned $2.57 EPS. The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. Ecolab has set its Q4 2025 guidance at 2.020-2.120 EPS. FY 2025 guidance at 7.480-7.580 EPS. As a group, analysts anticipate that Ecolab Inc. will post 7.54 EPS for the current year.
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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