Boston Common Asset Management LLC grew its holdings in Ecolab Inc. (NYSE:ECL) by 4.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 48,892 shares of the basic materials company’s stock after buying an additional 2,101 shares during the period. Boston Common Asset Management LLC’s holdings in Ecolab were worth $6,560,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Aldebaran Financial Inc. raised its position in shares of Ecolab by 0.9% in the second quarter. Aldebaran Financial Inc. now owns 11,471 shares of the basic materials company’s stock valued at $1,523,000 after buying an additional 100 shares during the last quarter. WFG Advisors LP raised its position in shares of Ecolab by 11.0% in the second quarter. WFG Advisors LP now owns 3,213 shares of the basic materials company’s stock valued at $427,000 after buying an additional 319 shares during the last quarter. Sit Investment Associates Inc. raised its position in shares of Ecolab by 0.4% in the third quarter. Sit Investment Associates Inc. now owns 100,100 shares of the basic materials company’s stock valued at $12,874,000 after buying an additional 390 shares during the last quarter. Zevenbergen Capital Investments LLC raised its position in shares of Ecolab by 10.7% in the third quarter. Zevenbergen Capital Investments LLC now owns 4,125 shares of the basic materials company’s stock valued at $531,000 after buying an additional 400 shares during the last quarter. Finally, Alps Advisors Inc. raised its position in shares of Ecolab by 19.0% in the third quarter. Alps Advisors Inc. now owns 2,540 shares of the basic materials company’s stock valued at $327,000 after buying an additional 406 shares during the last quarter. Institutional investors and hedge funds own 76.63% of the company’s stock.

Shares of Ecolab Inc. (NYSE ECL) opened at $128.52 on Monday. Ecolab Inc. has a 12-month low of $120.46 and a 12-month high of $140.50. The stock has a market cap of $37,131.23, a PE ratio of 28.88, a P/E/G ratio of 1.88 and a beta of 1.06. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.83 and a current ratio of 1.23.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 16th. Investors of record on Tuesday, December 19th were given a dividend of $0.41 per share. This is a boost from Ecolab’s previous quarterly dividend of $0.37. This represents a $1.64 annualized dividend and a yield of 1.28%. The ex-dividend date was Monday, December 18th. Ecolab’s dividend payout ratio (DPR) is presently 33.26%.

A number of equities research analysts have recently commented on ECL shares. UBS Group increased their target price on shares of Ecolab from $147.00 to $148.00 and gave the company a “buy” rating in a research report on Wednesday, November 1st. Royal Bank of Canada raised their price objective on shares of Ecolab from $137.00 to $143.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 7th. Zacks Investment Research upgraded shares of Ecolab from a “hold” rating to a “buy” rating and set a $155.00 price objective for the company in a research report on Monday, January 29th. Stifel Nicolaus raised their price objective on shares of Ecolab from $140.00 to $153.00 and gave the stock a “hold” rating in a research report on Wednesday, January 24th. Finally, Robert W. Baird cut their price objective on shares of Ecolab from $144.00 to $143.00 and set a “neutral” rating for the company in a research report on Tuesday, January 23rd. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $140.07.

In other Ecolab news, SVP Bruno Lavandier sold 347 shares of the stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $134.77, for a total transaction of $46,765.19. Following the completion of the transaction, the senior vice president now owns 7,615 shares of the company’s stock, valued at $1,026,273.55. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Douglas M. Baker, Jr. sold 18,000 shares of the stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $137.09, for a total transaction of $2,467,620.00. Following the transaction, the chief executive officer now directly owns 427,548 shares of the company’s stock, valued at approximately $58,612,555.32. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 57,446 shares of company stock valued at $7,886,307. 1.49% of the stock is currently owned by insiders.

ILLEGAL ACTIVITY NOTICE: “Boston Common Asset Management LLC Acquires 2,101 Shares of Ecolab Inc. (ECL)” was published by Watch List News and is the sole property of of Watch List News. If you are viewing this report on another site, it was stolen and reposted in violation of US and international trademark and copyright legislation. The legal version of this report can be viewed at https://www.watchlistnews.com/boston-common-asset-management-llc-acquires-2101-shares-of-ecolab-inc-ecl/1860534.html.

About Ecolab

Ecolab Inc provides water, hygiene and energy technologies and services. The Company’s cleaning and sanitizing programs and products, pest elimination services and equipment maintenance and repair services support customers in the foodservice, food and beverage processing, hospitality, healthcare, government and education, retail, textile care and commercial facilities management sectors in over 170 countries.

Want to see what other hedge funds are holding ECL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ecolab Inc. (NYSE:ECL).

Institutional Ownership by Quarter for Ecolab (NYSE:ECL)

Receive News & Ratings for Ecolab Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ecolab and related companies with MarketBeat.com's FREE daily email newsletter.