Nomura Asset Management Co. Ltd. cut its holdings in shares of Ecolab Inc. (NYSE:ECL – Free Report) by 4.1% in the fourth quarter, HoldingsChannel reports. The firm owned 243,618 shares of the basic materials company’s stock after selling 10,482 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Ecolab were worth $63,955,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Wexford Capital LP purchased a new position in Ecolab in the third quarter valued at $25,000. JPL Wealth Management LLC purchased a new position in Ecolab in the third quarter valued at $26,000. FSA Wealth Management LLC increased its holdings in Ecolab by 88.7% in the third quarter. FSA Wealth Management LLC now owns 117 shares of the basic materials company’s stock valued at $32,000 after buying an additional 55 shares in the last quarter. Tradewinds Capital Management LLC increased its holdings in Ecolab by 1,375.0% in the fourth quarter. Tradewinds Capital Management LLC now owns 118 shares of the basic materials company’s stock valued at $31,000 after buying an additional 110 shares in the last quarter. Finally, Winnow Wealth LLC purchased a new position in Ecolab in the third quarter valued at $33,000. 74.91% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Ecolab
In other news, Director Suzanne M. Vautrinot sold 1,004 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $264.98, for a total transaction of $266,039.92. Following the completion of the sale, the director owned 11,651 shares of the company’s stock, valued at $3,087,281.98. The trade was a 7.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director David Maclennan acquired 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The shares were acquired at an average cost of $250.65 per share, with a total value of $250,650.00. Following the purchase, the director owned 25,230 shares in the company, valued at $6,323,899.50. This represents a 4.13% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.50% of the stock is owned by insiders.
Analysts Set New Price Targets
Ecolab Stock Up 0.1%
ECL stock opened at $256.28 on Monday. The stock has a market capitalization of $72.13 billion, a P/E ratio of 34.68, a P/E/G ratio of 2.12 and a beta of 0.90. The firm has a 50-day simple moving average of $261.94 and a 200-day simple moving average of $271.50. The company has a quick ratio of 0.73, a current ratio of 0.99 and a debt-to-equity ratio of 0.69. Ecolab Inc. has a 52 week low of $243.15 and a 52 week high of $309.27.
Ecolab (NYSE:ECL – Get Free Report) last released its earnings results on Tuesday, April 28th. The basic materials company reported $1.70 EPS for the quarter, hitting analysts’ consensus estimates of $1.70. The business had revenue of $4.07 billion during the quarter, compared to analysts’ expectations of $4.03 billion. Ecolab had a net margin of 12.80% and a return on equity of 22.64%. The company’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.50 earnings per share. Ecolab has set its FY 2026 guidance at 8.430-8.630 EPS and its Q2 2026 guidance at 2.020-2.120 EPS. Equities analysts forecast that Ecolab Inc. will post 8.47 earnings per share for the current fiscal year.
Ecolab Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $0.73 per share. The ex-dividend date of this dividend is Tuesday, June 16th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.1%. Ecolab’s payout ratio is currently 39.51%.
About Ecolab
Ecolab, Inc is a global provider of water, hygiene and infection prevention solutions and services. The company develops and supplies cleaning and sanitizing chemicals, dispensing equipment, water-treatment systems, pest elimination services and related technologies designed to help businesses maintain clean, safe and efficient operations. Its offerings span both products and onsite services, often paired with technical support and training.
Ecolab serves a broad range of end markets including hospitality and foodservice, food and beverage processing, healthcare, manufacturing and industrial operations, and energy and utilities.
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