Allspring Global Investments Holdings LLC Buys 16,224 Shares of Ecolab Inc. $ECL

Allspring Global Investments Holdings LLC increased its stake in shares of Ecolab Inc. (NYSE:ECL) by 26.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 78,675 shares of the basic materials company’s stock after buying an additional 16,224 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Ecolab were worth $21,448,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Saudi Central Bank bought a new stake in Ecolab during the first quarter worth $25,000. Financial Connections Group Inc. bought a new stake in Ecolab during the second quarter worth $26,000. Dunhill Financial LLC grew its holdings in Ecolab by 176.7% during the first quarter. Dunhill Financial LLC now owns 119 shares of the basic materials company’s stock worth $30,000 after buying an additional 76 shares in the last quarter. Ridgewood Investments LLC grew its holdings in Ecolab by 70.6% during the first quarter. Ridgewood Investments LLC now owns 145 shares of the basic materials company’s stock worth $37,000 after buying an additional 60 shares in the last quarter. Finally, Olde Wealth Management LLC bought a new stake in Ecolab during the first quarter worth $38,000. Institutional investors own 74.91% of the company’s stock.

Ecolab Stock Down 1.2%

Shares of NYSE ECL opened at $270.54 on Friday. Ecolab Inc. has a one year low of $221.62 and a one year high of $286.04. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.44 and a quick ratio of 1.12. The business’s fifty day moving average price is $274.42 and its 200-day moving average price is $263.51. The stock has a market capitalization of $76.73 billion, a PE ratio of 36.12, a P/E/G ratio of 2.82 and a beta of 1.09.

Ecolab (NYSE:ECL) last issued its quarterly earnings results on Tuesday, July 29th. The basic materials company reported $1.89 EPS for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.01). Ecolab had a net margin of 13.59% and a return on equity of 22.52%. The firm had revenue of $4.03 billion for the quarter, compared to analysts’ expectations 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. On average, equities research analysts anticipate that Ecolab Inc. will post 7.54 EPS for the current year.

Ecolab Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 16th were given a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Tuesday, September 16th. Ecolab’s dividend payout ratio is currently 34.71%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Citigroup restated a “buy” rating on shares of Ecolab in a research note on Monday, October 6th. Robert W. Baird upped their price objective on Ecolab from $300.00 to $306.00 and gave the company an “outperform” rating in a research note on Friday, September 5th. Weiss Ratings restated a “buy (b)” rating on shares of Ecolab in a research note on Wednesday, October 8th. Raymond James Financial assumed coverage on Ecolab in a research note on Tuesday, August 26th. They issued a “market perform” rating for the company. Finally, Oppenheimer upgraded Ecolab to an “outperform” rating in a research note on Wednesday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $292.29.

Insider Buying and Selling

In other Ecolab news, SVP Jennifer J. Bradway sold 807 shares of Ecolab 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 owned 4,326 shares of the company’s stock, valued at $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 link. Also, Director David Maclennan bought 600 shares of Ecolab stock in a transaction on Wednesday, August 13th. The shares were bought at an average cost 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. This represents a 3.05% increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.04% of the stock is currently owned by insiders.

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.