Perfromance Wealth Partners LLC Sells 65 Shares of Ecolab Inc. $ECL

Perfromance Wealth Partners LLC reduced its stake in shares of Ecolab Inc. (NYSE:ECL) by 2.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,035 shares of the basic materials company’s stock after selling 65 shares during the quarter. Perfromance Wealth Partners LLC’s holdings in Ecolab were worth $818,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Ecolab by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 24,411,233 shares of the basic materials company’s stock valued at $6,188,736,000 after purchasing an additional 261,489 shares during the last quarter. Pictet Asset Management Holding SA increased its holdings in shares of Ecolab by 2.3% during the first quarter. Pictet Asset Management Holding SA now owns 4,089,226 shares of the basic materials company’s stock worth $1,036,485,000 after buying an additional 93,409 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Ecolab by 4.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,805,952 shares of the basic materials company’s stock worth $964,885,000 after buying an additional 145,902 shares in the last quarter. Royal Bank of Canada raised its stake in shares of Ecolab by 0.8% in the first quarter. Royal Bank of Canada now owns 3,577,229 shares of the basic materials company’s stock valued at $906,900,000 after acquiring an additional 27,619 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its position in Ecolab by 6.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,718,340 shares of the basic materials company’s stock worth $689,154,000 after acquiring an additional 173,298 shares during the last quarter. Institutional investors and hedge funds own 74.91% of the company’s stock.

Ecolab Stock Performance

Ecolab stock opened at $270.16 on Tuesday. Ecolab Inc. has a 1 year low of $221.62 and a 1 year high of $286.04. The company’s 50-day moving average is $274.17 and its two-hundred day moving average is $263.26. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 0.80. The company has a market cap of $76.62 billion, a PE ratio of 36.07, a PEG ratio of 2.80 and a beta of 1.09.

Ecolab (NYSE:ECL) last announced its quarterly earnings data on Tuesday, July 29th. The basic materials company reported $1.89 earnings per share for the quarter, missing the consensus estimate of $1.90 by ($0.01). Ecolab had a net margin of 13.59% and a return on equity of 22.52%. The business had revenue of $4.03 billion during the quarter, compared to analyst estimates of $4.03 billion. Ecolab has set its Q3 2025 guidance at 2.020-2.120 EPS. FY 2025 guidance at 7.420-7.620 EPS. Equities analysts anticipate that Ecolab Inc. will post 7.54 earnings per share for the current year.

Ecolab Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 16th will be paid a dividend of $0.65 per share. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.0%. Ecolab’s payout ratio is 34.71%.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Baird R W raised Ecolab from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 30th. UBS Group lifted their price target on Ecolab from $295.00 to $299.00 and gave the company a “neutral” rating in a report on Monday, October 6th. Raymond James Financial started coverage on shares of Ecolab in a report on Tuesday, August 26th. They set a “market perform” rating on the stock. Mizuho boosted their target price on shares of Ecolab from $285.00 to $305.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 15th. Finally, Robert W. Baird upped their target price on shares of Ecolab from $300.00 to $306.00 and gave the stock an “outperform” rating in a research report on Friday, September 5th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $292.29.

Insider Activity at Ecolab

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

About Ecolab

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.