Frank Rimerman Advisors LLC Has $542,000 Stock Position in Ecolab Inc. $ECL

Frank Rimerman Advisors LLC lowered its position in Ecolab Inc. (NYSE:ECL) by 14.8% during the second quarter, HoldingsChannel.com reports. The firm owned 2,012 shares of the basic materials company’s stock after selling 350 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in Ecolab were worth $542,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Saudi Central Bank acquired a new stake in shares of Ecolab during the 1st quarter valued at about $25,000. Financial Connections Group Inc. bought a new position in Ecolab during the second quarter valued at approximately $26,000. J.Safra Asset Management Corp raised its position in Ecolab by 202.6% during the second quarter. J.Safra Asset Management Corp now owns 115 shares of the basic materials company’s stock valued at $31,000 after acquiring an additional 77 shares in the last quarter. Ridgewood Investments LLC lifted its stake in Ecolab by 70.6% in the first quarter. Ridgewood Investments LLC now owns 145 shares of the basic materials company’s stock valued at $37,000 after acquiring an additional 60 shares during the last quarter. Finally, Salomon & Ludwin LLC bought a new stake in Ecolab in the second quarter worth approximately $41,000. 74.91% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Ecolab

In other news, CEO Christophe Beck sold 21,714 shares of the company’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $261.41, for a total transaction of $5,676,256.74. Following the completion of the transaction, the chief executive officer directly owned 72,644 shares in the company, valued at $18,989,868.04. The trade was a 23.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.50% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

ECL has been the topic of a number of recent research reports. Baird R W upgraded shares of Ecolab from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 30th. JPMorgan Chase & Co. increased their target price on shares of Ecolab from $250.00 to $265.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. UBS Group reduced their price target on Ecolab from $299.00 to $291.00 and set a “neutral” rating for the company in a research report on Friday, October 31st. Robert W. Baird set a $307.00 price target on Ecolab in a research note on Wednesday, October 29th. Finally, Oppenheimer raised Ecolab to an “outperform” rating in a research note on Wednesday, July 30th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $295.14.

Ecolab Stock Up 2.3%

ECL stock opened at $261.49 on Thursday. The stock has a market capitalization of $74.06 billion, a price-to-earnings ratio of 37.57, a price-to-earnings-growth ratio of 2.65 and a beta of 1.07. The company has a 50-day moving average of $267.91 and a two-hundred day moving average of $267.91. Ecolab Inc. has a 52-week low of $221.62 and a 52-week high of $286.04. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.70 and a quick ratio of 1.12.

Ecolab (NYSE:ECL) last posted its quarterly earnings data on Tuesday, October 28th. The basic materials company reported $2.07 EPS for the quarter, hitting analysts’ consensus estimates of $2.07. Ecolab had a return on equity of 22.55% and a net margin of 12.49%.The business had revenue of $4.17 billion for the quarter, compared to analyst estimates of $4.12 billion. During the same period in the previous year, the company posted $2.57 earnings per share. The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. 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, equities research analysts anticipate that Ecolab Inc. will post 7.54 EPS for the current year.

Ecolab Company 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.