Brookwood Investment Group LLC cut its stake in Ecolab Inc. (NYSE:ECL – Free Report) by 1.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,158 shares of the basic materials company’s stock after selling 122 shares during the period. Brookwood Investment Group LLC’s holdings in Ecolab were worth $1,659,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Saudi Central Bank bought a new position in shares of Ecolab in the 1st quarter valued at $25,000. Financial Connections Group Inc. bought a new position in shares of Ecolab in the 2nd quarter valued at $26,000. J.Safra Asset Management Corp increased its stake in shares of Ecolab by 202.6% in the 2nd quarter. J.Safra Asset Management Corp now owns 115 shares of the basic materials company’s stock valued at $31,000 after purchasing an additional 77 shares during the last quarter. Ridgewood Investments LLC increased its stake in shares of Ecolab by 70.6% in the 1st quarter. Ridgewood Investments LLC now owns 145 shares of the basic materials company’s stock valued at $37,000 after purchasing an additional 60 shares during the last quarter. Finally, Olde Wealth Management LLC bought a new position in shares of Ecolab in the 1st quarter valued at $38,000. 74.91% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In related news, Director David Maclennan bought 600 shares of the business’s stock in a transaction on Wednesday, August 13th. The shares were purchased at an average cost of $278.51 per share, with a total value of $167,106.00. Following the acquisition, the director owned 20,253 shares of the company’s stock, valued at $5,640,663.03. This represents a 3.05% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Suzanne M. Vautrinot sold 1,354 shares of Ecolab stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $283.16, for a total value of $383,398.64. Following the transaction, the director directly owned 11,199 shares in the company, valued at $3,171,108.84. The trade was a 10.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.50% of the company’s stock.
Ecolab Stock Up 0.8%
Ecolab (NYSE:ECL – Get Free Report) last announced its earnings results on Tuesday, July 29th. The basic materials company reported $1.89 EPS for the quarter, missing the consensus estimate of $1.90 by ($0.01). The company had revenue of $4.03 billion for the quarter, compared to analyst estimates 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. On average, analysts anticipate that Ecolab Inc. will post 7.54 EPS for the current year.
Ecolab Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 16th were issued a dividend of $0.65 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $2.60 annualized dividend and a yield of 0.9%. Ecolab’s payout ratio is presently 34.71%.
Analyst Ratings Changes
ECL has been the topic of several recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Ecolab in a research note on Friday. Raymond James Financial started coverage on Ecolab in a research report on Tuesday, August 26th. They set a “market perform” rating on the stock. Baird R W upgraded Ecolab from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 30th. Erste Group Bank started coverage on Ecolab in a research report on Tuesday, October 14th. They set a “buy” rating on the stock. Finally, BMO Capital Markets boosted their price objective on Ecolab from $307.00 to $310.00 and gave the stock an “outperform” rating in a research report on Monday, September 8th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $290.92.
Get Our Latest Research Report on Ecolab
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.
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