Ecolab Inc. $ECL Shares Bought by Cullinan Associates Inc.

Posted by Stanley Muller on Aug 30th, 2026

Cullinan Associates Inc. grew its stake in Ecolab Inc. (NYSE:ECL – Free Report) by 29.8% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 28,979 shares of the basic materials company’s stock after buying an additional 6,653 shares during the quarter. Cullinan Associates Inc.’s holdings in Ecolab were worth $8,074,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in ECL. Wexford Capital LP purchased a new position in Ecolab in the third quarter worth approximately $25,000. JPL Wealth Management LLC purchased a new stake in shares of Ecolab in the 3rd quarter valued at approximately $26,000. Costello Asset Management INC purchased a new stake in shares of Ecolab during the 1st quarter worth $27,000. Kemnay Advisory Services Inc. acquired a new position in shares of Ecolab during the fourth quarter worth $27,000. Finally, J.Safra Asset Management Corp purchased a new position in Ecolab in the second quarter valued at $28,000. 74.91% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ECL. UBS Group reiterated a “buy” rating and issued a $342.00 price objective on shares of Ecolab in a report on Wednesday, July 29th. Royal Bank Of Canada reissued an “outperform” rating and set a $337.00 price objective on shares of Ecolab in a report on Tuesday, July 7th. Wells Fargo & Company upped their target price on shares of Ecolab from $275.00 to $295.00 and gave the company an “equal weight” rating in a report on Thursday, July 30th. Oppenheimer upgraded shares of Ecolab from a “market perform” rating to an “outperform” rating and set a $320.00 price target on the stock in a research note on Friday, July 17th. Finally, Jefferies Financial Group decreased their price objective on shares of Ecolab from $352.00 to $345.00 and set a “buy” rating for the company in a research note on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $327.56.

Read Our Latest Report on Ecolab

Ecolab Stock Up 0.4%

ECL opened at $287.06 on Friday. The company has a quick ratio of 1.57, a current ratio of 1.84 and a debt-to-equity ratio of 1.18. The business has a 50 day moving average price of $278.36 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 company has a market cap of $80.47 billion, a PE ratio of 38.53, a P/E/G ratio of 2.48 and a beta of 0.88.

Ecolab (NYSE:ECL – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The basic materials company reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.08 by $0.01. The company had revenue of $4.42 billion for the quarter, compared to analysts’ expectations of $4.38 billion. Ecolab had a net margin of 12.57% and a return on equity of 22.72%. Ecolab’s revenue was up 9.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.89 EPS. Ecolab has set its Q3 2026 guidance at 2.130-2.230 EPS. As a group, research analysts anticipate that Ecolab Inc. will post 8.17 EPS for the current year.

Ecolab Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 15th will be issued a $0.73 dividend. This represents a $2.92 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, September 15th. Ecolab’s dividend payout ratio (DPR) is currently 39.19%.

Insiders Place Their Bets

In other news, COO Darrell R. Brown sold 10,000 shares of the company’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 directly owned 32,733 shares of the company’s stock, valued at $8,539,712.37. This represents a 23.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Benjamin M. Clark acquired 1,000 shares of Ecolab stock in a transaction that occurred on Thursday, June 11th. The stock was bought at an average price of $263.83 per share, with a total value of $263,830.00. Following the purchase, the executive vice president directly owned 1,083 shares of the company’s stock, valued at approximately $285,727.89. This trade represents a 1,204.82% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.50% of the stock is currently owned by corporate insiders.

Ecolab Profile

(Free Report)

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.