Kelleher Financial Advisors purchased a new stake in Ecolab Inc. (NYSE:ECL – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,826 shares of the basic materials company’s stock, valued at approximately $509,000.
Other institutional investors also recently bought and sold shares of the company. Wexford Capital LP acquired a new stake in Ecolab in the 3rd quarter valued at $25,000. JPL Wealth Management LLC purchased a new position in Ecolab in the third quarter valued at about $26,000. Kemnay Advisory Services Inc. acquired a new position in shares of Ecolab during the fourth quarter worth about $27,000. Costello Asset Management INC acquired a new position in shares of Ecolab during the first quarter worth about $27,000. Finally, Meeder Asset Management Inc. purchased a new stake in shares of Ecolab in the fourth quarter worth about $29,000. 74.91% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other Ecolab news, Director Michel D. Doukeris purchased 7,750 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was bought at an average price of $258.00 per share, with a total value of $1,999,500.00. Following the completion of the purchase, the director owned 8,326 shares in the company, valued at $2,148,108. This trade represents a 1,345.49% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Darrell R. Brown sold 10,000 shares of the firm’s stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $260.89, for a total value of $2,608,900.00. Following the transaction, the chief operating officer directly owned 32,733 shares in the company, valued at $8,539,712.37. This trade represents a 23.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.50% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
Get Our Latest Research Report on Ecolab
Ecolab Trading Up 0.0%
Ecolab stock opened at $276.28 on Friday. The firm has a 50-day moving average price of $274.64 and a two-hundred day moving average price of $273.80. Ecolab Inc. has a 52-week low of $243.15 and a 52-week high of $309.27. The firm has a market capitalization of $77.45 billion, a price-to-earnings ratio of 37.09, a PEG ratio of 2.38 and a beta of 0.88. The company has a quick ratio of 1.57, a current ratio of 1.84 and a debt-to-equity ratio of 1.18.
Ecolab (NYSE:ECL – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The basic materials company reported $2.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.08 by $0.01. Ecolab had a return on equity of 22.72% and a net margin of 12.57%.The company had revenue of $4.42 billion for the quarter, compared to analysts’ expectations of $4.38 billion. During the same quarter in the previous year, the company posted $1.89 earnings per share. The business’s revenue for the quarter was up 9.7% compared to the same quarter last year. Ecolab has set its Q3 2026 guidance at 2.130-2.230 EPS. Sell-side analysts expect that Ecolab Inc. will post 8.17 earnings per share for the current year.
Ecolab Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $0.73 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.92 annualized dividend and a yield of 1.1%. Ecolab’s payout ratio is presently 39.19%.
Ecolab 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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