Perigon Wealth Management LLC purchased a new stake in shares of Ecolab Inc. (NYSE:ECL – Free Report) during the second quarter, HoldingsChannel.com reports. The institutional investor purchased 8,784 shares of the basic materials company’s stock, valued at approximately $2,447,000.
Other large investors also recently bought and sold shares of the company. Universal Beteiligungs und Servicegesellschaft mbH grew its stake in shares of Ecolab by 25.9% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 330,698 shares of the basic materials company’s stock valued at $86,670,000 after purchasing an additional 68,062 shares during the period. QRG Capital Management Inc. lifted its stake in shares of Ecolab by 38.7% in the 4th quarter. QRG Capital Management Inc. now owns 22,362 shares of the basic materials company’s stock worth $5,870,000 after purchasing an additional 6,238 shares during the period. Erste Asset Management GmbH boosted its holdings in shares of Ecolab by 2.2% in the fourth quarter. Erste Asset Management GmbH now owns 163,731 shares of the basic materials company’s stock worth $43,464,000 after buying an additional 3,500 shares during the last quarter. Farmers & Merchants Investments Inc. boosted its holdings in shares of Ecolab by 29.4% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 21,488 shares of the basic materials company’s stock worth $5,641,000 after buying an additional 4,886 shares during the last quarter. Finally, Danske Bank A S grew its position in Ecolab by 8.7% during the fourth quarter. Danske Bank A S now owns 251,977 shares of the basic materials company’s stock valued at $66,149,000 after buying an additional 20,247 shares during the period. 74.91% of the stock is currently owned by institutional investors.
Insider Activity at Ecolab
In other Ecolab news, Director Michel D. Doukeris purchased 7,750 shares of Ecolab stock in a transaction dated Wednesday, June 10th. The stock was acquired at an average price of $258.00 per share, for a total transaction of $1,999,500.00. Following the acquisition, the director owned 8,326 shares in the company, valued at $2,148,108. This trade represents a 1,345.49% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Suzanne M. Vautrinot sold 1,004 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $264.98, for a total transaction of $266,039.92. Following the transaction, the director owned 11,651 shares in the company, valued at approximately $3,087,281.98. This represents a 7.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.50% of the company’s stock.
Analyst Ratings Changes
Read Our Latest Research Report on Ecolab
Ecolab Stock Performance
NYSE:ECL opened at $275.87 on Tuesday. The firm has a market capitalization of $77.33 billion, a PE ratio of 37.03, a PEG ratio of 2.38 and a beta of 0.88. The stock’s fifty day moving average is $275.00 and its 200 day moving average is $273.67. Ecolab Inc. has a fifty-two week low of $243.15 and a fifty-two week high of $309.27. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.57 and a current ratio of 1.84.
Ecolab (NYSE:ECL – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The basic materials company reported $2.09 EPS for the quarter, topping the consensus estimate of $2.08 by $0.01. Ecolab had a net margin of 12.57% and a return on equity of 22.72%. The company had revenue of $4.42 billion during the quarter, compared to analyst estimates of $4.38 billion. During the same period in the previous year, the firm earned $1.89 earnings per share. Ecolab’s quarterly revenue was up 9.7% compared to the same quarter last year. Ecolab has set its Q3 2026 guidance at 2.130-2.230 EPS. On average, sell-side analysts anticipate that Ecolab Inc. will post 8.17 earnings per share for the current year.
Ecolab Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 15th will be issued a dividend of $0.73 per share. The ex-dividend date is Tuesday, September 15th. This represents a $2.92 dividend on an annualized basis and a yield of 1.1%. Ecolab’s dividend payout ratio (DPR) is presently 39.19%.
Ecolab Company Profile
Ecolab, Inc is a global provider of water, hygiene and infection prevention solutions and services. The company develops and supplies cleaning and sanitizing chemicals, dispensing equipment, water-treatment systems, pest elimination services and related technologies designed to help businesses maintain clean, safe and efficient operations. Its offerings span both products and onsite services, often paired with technical support and training.
Ecolab serves a broad range of end markets including hospitality and foodservice, food and beverage processing, healthcare, manufacturing and industrial operations, and energy and utilities.
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