Lbp Am Sa Sells 702 Shares of Ecolab Inc. $ECL

Lbp Am Sa cut its holdings in Ecolab Inc. (NYSE:ECLFree Report) by 0.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 116,183 shares of the basic materials company’s stock after selling 702 shares during the period. Lbp Am Sa’s holdings in Ecolab were worth $31,304,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Saudi Central Bank bought a new position in Ecolab in the first quarter worth approximately $25,000. Dunhill Financial LLC increased its stake in shares of Ecolab by 176.7% in the first quarter. Dunhill Financial LLC now owns 119 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 76 shares in the last quarter. Ridgewood Investments LLC increased its stake in shares of Ecolab by 70.6% in the first quarter. Ridgewood Investments LLC now owns 145 shares of the basic materials company’s stock worth $37,000 after purchasing an additional 60 shares in the last quarter. City Holding Co. purchased a new stake in shares of Ecolab in the first quarter worth $39,000. Finally, Olde Wealth Management LLC purchased a new stake in shares of Ecolab in the first quarter worth $38,000. 74.91% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ECL. Oppenheimer raised shares of Ecolab to an “outperform” rating in a research note on Wednesday, July 30th. BMO Capital Markets raised their target price on shares of Ecolab from $307.00 to $310.00 and gave the company an “outperform” rating in a research note on Monday, September 8th. Raymond James Financial initiated coverage on shares of Ecolab in a research note on Tuesday, August 26th. They set a “market perform” rating for the company. Citigroup cut their target price on shares of Ecolab from $320.00 to $315.00 and set a “buy” rating for the company in a research note on Wednesday, July 30th. Finally, Mizuho raised their target price on shares of Ecolab from $285.00 to $305.00 and gave the company an “outperform” rating in a research note on Tuesday, July 15th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $292.00.

Check Out Our Latest Stock Report on Ecolab

Ecolab Price Performance

ECL stock opened at $273.80 on Wednesday. Ecolab Inc. has a 52 week low of $221.62 and a 52 week high of $286.04. The company has a quick ratio of 1.12, a current ratio of 1.44 and a debt-to-equity ratio of 0.80. The company has a fifty day simple moving average of $272.48 and a two-hundred day simple moving average of $261.75. The firm has a market capitalization of $77.66 billion, a P/E ratio of 36.56, a price-to-earnings-growth ratio of 2.81 and a beta of 1.07.

Ecolab (NYSE:ECLGet Free Report) last released 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). The firm had revenue of $4.03 billion during the quarter, compared to the consensus estimate of $4.03 billion. Ecolab had a return on equity of 22.52% and a net margin of 13.59%. Ecolab has set its Q3 2025 guidance at 2.020-2.120 EPS. FY 2025 guidance at 7.420-7.620 EPS. Analysts anticipate that Ecolab Inc. will post 7.54 earnings per share for the current fiscal year.

Ecolab Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 16th will be issued a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Tuesday, September 16th. Ecolab’s dividend payout ratio (DPR) is 34.71%.

Insider Transactions at Ecolab

In other news, SVP Jennifer J. Bradway sold 807 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $279.28, for a total value of $225,378.96. Following the completion of the sale, the senior vice president owned 4,326 shares in the company, valued at approximately $1,208,165.28. This trade represents a 15.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David Maclennan bought 600 shares of the stock in a transaction dated Wednesday, August 13th. The stock was purchased at an average price of $278.51 per share, with a total value of $167,106.00. Following the acquisition, the director directly owned 20,253 shares in the company, valued at approximately $5,640,663.03. The trade was a 3.05% increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.50% of the company’s stock.

About Ecolab

(Free Report)

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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Institutional Ownership by Quarter for Ecolab (NYSE:ECL)

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