Orser Capital Management LLC acquired a new stake in shares of Ecolab Inc. (NYSE:ECL – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 3,400 shares of the basic materials company’s stock, valued at approximately $947,000.
Several other hedge funds also recently bought and sold shares of ECL. JPMorgan Chase & Co. raised its stake in shares of Ecolab by 63.1% during the 4th quarter. JPMorgan Chase & Co. now owns 10,622,035 shares of the basic materials company’s stock worth $2,788,497,000 after purchasing an additional 4,110,472 shares in the last quarter. Capital World Investors bought a new stake in shares of Ecolab in the 4th quarter valued at approximately $1,022,334,000. Norges Bank acquired a new position in Ecolab in the fourth quarter worth approximately $880,506,000. Auto Owners Insurance Co increased its holdings in Ecolab by 26,152.0% in the fourth quarter. Auto Owners Insurance Co now owns 945,072 shares of the basic materials company’s stock worth $24,810,000 after buying an additional 941,472 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in Ecolab by 58.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,243,825 shares of the basic materials company’s stock valued at $596,902,000 after acquiring an additional 830,726 shares in the last quarter. 74.91% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In other Ecolab news, Director Michel D. Doukeris acquired 7,750 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was acquired at an average price of $258.00 per share, with a total value of $1,999,500.00. Following the transaction, the director owned 8,326 shares of the company’s stock, valued at approximately $2,148,108. This trade represents a 1,345.49% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director David Maclennan bought 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were acquired at an average price 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 trade represents a 4.13% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders have acquired 9,750 shares of company stock worth $2,513,980. Insiders own 0.50% of the company’s stock.
Ecolab Trading Down 0.8%
Ecolab (NYSE:ECL – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The basic materials company reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.08 by $0.01. Ecolab had a net margin of 12.57% and a return on equity of 22.72%. The business had revenue of $4.42 billion during the quarter, compared to the consensus estimate of $4.38 billion. During the same period in the prior year, the firm earned $1.89 EPS. Ecolab’s quarterly revenue was up 9.7% compared to the same quarter last year. Ecolab has set its Q3 2026 guidance at 2.130-2.230 EPS. Equities analysts predict that Ecolab Inc. will post 8.17 EPS for the current year.
Analyst Ratings Changes
A number of research firms have issued reports on ECL. Robert W. Baird set a $305.00 target price on shares of Ecolab in a research note on Wednesday, July 29th. Zacks Research downgraded shares of Ecolab from a “hold” rating to a “strong sell” rating in a report on Monday, July 20th. JPMorgan Chase & Co. lifted their price objective on shares of Ecolab from $295.00 to $305.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. UBS Group reiterated a “buy” rating and issued a $342.00 price objective on shares of Ecolab in a report on Wednesday, July 29th. Finally, Weiss Ratings downgraded shares of Ecolab from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Ecolab currently has a consensus rating of “Moderate Buy” and a consensus target price of $327.56.
Check Out Our Latest Research Report on Ecolab
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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