Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its position in Ecolab Inc. (NYSE:ECL – Free Report) by 4.3% during the third quarter, Holdings Channel.com reports. The fund owned 121,571 shares of the basic materials company’s stock after purchasing an additional 4,992 shares during the quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Ecolab were worth $33,381,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Leeward Financial Partners LLC increased its holdings in Ecolab by 0.7% during the 3rd quarter. Leeward Financial Partners LLC now owns 18,471 shares of the basic materials company’s stock valued at $5,072,000 after purchasing an additional 133 shares during the period. Valley National Advisers Inc. increased its stake in shares of Ecolab by 1,760.7% during the third quarter. Valley National Advisers Inc. now owns 8,950 shares of the basic materials company’s stock valued at $2,457,000 after buying an additional 8,469 shares during the period. Robeco Schweiz AG increased its stake in shares of Ecolab by 1.4% during the third quarter. Robeco Schweiz AG now owns 220,008 shares of the basic materials company’s stock valued at $60,410,000 after buying an additional 3,034 shares during the period. Norris Perne & French LLP MI increased its stake in shares of Ecolab by 186.1% during the third quarter. Norris Perne & French LLP MI now owns 98,158 shares of the basic materials company’s stock valued at $26,952,000 after buying an additional 63,845 shares during the period. Finally, Signaturefd LLC raised its holdings in shares of Ecolab by 7.3% during the third quarter. Signaturefd LLC now owns 4,886 shares of the basic materials company’s stock valued at $1,342,000 after acquiring an additional 331 shares in the last quarter. 74.91% of the stock is owned by institutional investors.
Ecolab Price Performance
Shares of NYSE ECL opened at $288.52 on Monday. Ecolab Inc. has a twelve month low of $243.15 and a twelve month high of $309.27. The firm has a market cap of $80.88 billion, a P/E ratio of 38.73, a PEG ratio of 2.80 and a beta of 0.87. The company has a 50 day moving average of $280.53 and a 200 day moving average of $272.57. The company has a quick ratio of 1.57, a current ratio of 1.84 and a debt-to-equity ratio of 1.18.
Ecolab (NYSE:ECL – Get Free Report) last issued its earnings results on Tuesday, July 28th. The basic materials company reported $2.09 EPS for the quarter, beating the consensus estimate of $2.08 by $0.01. The business had revenue of $4.42 billion for the quarter, compared to the consensus estimate of $4.38 billion. Ecolab had a return on equity of 22.72% and a net margin of 12.57%. The company’s revenue was up 9.7% compared to the same quarter last year. During the same period last year, the business posted $1.89 EPS. Ecolab has set its Q3 2026 guidance at 2.130-2.230 EPS. As a group, research analysts expect that Ecolab Inc. will post 8.16 EPS for the current fiscal year.
Ecolab Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Tuesday, September 15th were issued a dividend of $0.73 per share. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Tuesday, September 15th. Ecolab’s dividend payout ratio is presently 39.19%.
Analyst Ratings Changes
A number of analysts recently commented on the company. Weiss Ratings raised Ecolab from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, August 31st. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Ecolab from $325.00 to $335.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Wells Fargo & Company upped their price objective on shares of Ecolab from $275.00 to $295.00 and gave the stock an “equal weight” rating in a report on Thursday, July 30th. Royal Bank Of Canada reissued an “outperform” rating and issued a $337.00 price target on shares of Ecolab in a research note on Tuesday, July 7th. Finally, Oppenheimer upgraded shares of Ecolab from a “market perform” rating to an “outperform” rating and set a $320.00 price objective for the company in a report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $324.50.
Check Out Our Latest Stock Analysis on Ecolab
Insider Activity at Ecolab
In related news, CEO Christophe Beck sold 17,862 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $280.14, for a total transaction of $5,003,860.68. Following the sale, the chief executive officer directly owned 72,932 shares of the company’s stock, valued at $20,431,170.48. This trade represents a 19.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.50% of the stock is owned by company insiders.
Ecolab Company Profile
Ecolab Inc is a global provider of water, hygiene, infection prevention and cleaning solutions for businesses and institutions. The company helps customers manage water and energy use, maintain sanitary operations, protect food supplies and comply with health and safety standards.
Ecolab serves customers across industries including food and beverage processing, hospitality, healthcare, life sciences, manufacturing, institutional facilities and energy. Its offerings include cleaning and sanitizing chemicals, water-treatment and process-management systems, pest-control services, kitchen and housekeeping products, infection-prevention programs, and related equipment, training and consulting services.
Founded in 1923 as Economics Laboratory, the company has expanded from its original focus on cleaning products into a broad range of technology-enabled services and solutions.
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