Davis R M Inc. reduced its holdings in Ecolab Inc. (NYSE:ECL – Free Report) by 21.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,152 shares of the basic materials company’s stock after selling 15,451 shares during the period. Davis R M Inc.’s holdings in Ecolab were worth $15,248,000 at the end of the most recent reporting period.
Several other institutional investors have also made changes to their positions in ECL. Wexford Capital LP purchased a new position in Ecolab during the third quarter valued at approximately $25,000. JPL Wealth Management LLC acquired a new position in shares of Ecolab in the third quarter worth $26,000. Costello Asset Management INC acquired a new stake in Ecolab during the first quarter valued at $27,000. Kemnay Advisory Services Inc. acquired a new position in Ecolab in the 4th quarter worth about $27,000. Finally, Meeder Asset Management Inc. acquired a new stake in shares of Ecolab during the 4th quarter valued at about $29,000. 74.91% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In related news, COO Darrell R. Brown sold 10,000 shares of the business’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $260.89, for a total transaction of $2,608,900.00. Following the transaction, the chief operating officer owned 32,733 shares of the company’s stock, valued at approximately $8,539,712.37. The trade was a 23.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Michel D. Doukeris purchased 7,750 shares of Ecolab stock in a transaction on Wednesday, June 10th. The stock was bought at an average cost of $258.00 per share, with a total value of $1,999,500.00. Following the completion of the acquisition, the director owned 8,326 shares in the company, valued at approximately $2,148,108. This trade represents a 1,345.49% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 10,550 shares of company stock valued at $2,719,508 in the last 90 days. 0.50% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
View Our Latest Stock Analysis on Ecolab
Ecolab Stock Up 1.1%
ECL stock opened at $267.23 on Thursday. The stock has a market capitalization of $75.21 billion, a price-to-earnings ratio of 36.16, a price-to-earnings-growth ratio of 2.30 and a beta of 0.89. The company has a 50-day moving average of $265.91 and a two-hundred day moving average of $273.15. Ecolab Inc. has a 52-week low of $243.15 and a 52-week high of $309.27. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.99 and a quick ratio of 0.73.
Ecolab (NYSE:ECL – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The basic materials company reported $1.70 earnings per share for the quarter, hitting the consensus estimate of $1.70. Ecolab had a return on equity of 22.64% and a net margin of 12.80%.The business had revenue of $4.07 billion during the quarter, compared to analysts’ expectations of $4.03 billion. During the same quarter in the previous year, the firm earned $1.50 EPS. The firm’s revenue was up 10.0% compared to the same quarter last year. Ecolab has set its FY 2026 guidance at 8.430-8.630 EPS and its Q2 2026 guidance at 2.020-2.120 EPS. As a group, equities research analysts anticipate that Ecolab Inc. will post 8.18 EPS for the current year.
Ecolab Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th were given a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Tuesday, June 16th. Ecolab’s dividend payout ratio is currently 39.51%.
Ecolab Company Profile
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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