Ecolab Inc. $ECL Shares Sold by Mcdaniel Terry & Co.

Mcdaniel Terry & Co. lessened its stake in shares of Ecolab Inc. (NYSE:ECLFree Report) by 0.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 167,846 shares of the basic materials company’s stock after selling 669 shares during the quarter. Ecolab makes up approximately 3.7% of Mcdaniel Terry & Co.’s holdings, making the stock its 7th largest holding. Mcdaniel Terry & Co. owned 0.06% of Ecolab worth $45,224,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fielder Capital Group LLC acquired a new position in shares of Ecolab in the second quarter valued at approximately $213,000. CNB Bank grew its stake in Ecolab by 1.9% in the 2nd quarter. CNB Bank now owns 3,085 shares of the basic materials company’s stock worth $831,000 after acquiring an additional 57 shares during the period. Sage Mountain Advisors LLC lifted its stake in shares of Ecolab by 17.3% during the 2nd quarter. Sage Mountain Advisors LLC now owns 1,804 shares of the basic materials company’s stock worth $486,000 after purchasing an additional 266 shares during the period. West Michigan Advisors LLC boosted its holdings in shares of Ecolab by 11.7% during the second quarter. West Michigan Advisors LLC now owns 1,136 shares of the basic materials company’s stock worth $307,000 after purchasing an additional 119 shares during the last quarter. Finally, Moloney Securities Asset Management LLC grew its position in shares of Ecolab by 0.7% in the second quarter. Moloney Securities Asset Management LLC now owns 12,141 shares of the basic materials company’s stock valued at $3,271,000 after purchasing an additional 86 shares during the period. 74.91% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Ecolab

In other news, Director David Maclennan bought 600 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The stock was acquired at an average cost of $278.51 per share, for a total transaction of $167,106.00. Following the completion of the purchase, the director owned 20,253 shares of the company’s stock, valued at $5,640,663.03. This trade represents a 3.05% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Suzanne M. Vautrinot sold 1,354 shares of the business’s stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $283.16, for a total transaction of $383,398.64. Following the completion of the transaction, the director owned 11,199 shares in the company, valued at $3,171,108.84. This represents a 10.79% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.04% of the company’s stock.

Ecolab Stock Performance

NYSE:ECL opened at $277.35 on Friday. The firm’s fifty day simple moving average is $274.37 and its 200 day simple moving average is $264.98. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 0.80. Ecolab Inc. has a twelve month low of $221.62 and a twelve month high of $286.04. The firm has a market capitalization of $78.66 billion, a price-to-earnings ratio of 37.03, a PEG ratio of 2.83 and a beta of 1.09.

Ecolab (NYSE:ECLGet Free Report) last released its quarterly earnings data on Tuesday, July 29th. The basic materials company reported $1.89 EPS for the quarter, missing the consensus estimate of $1.90 by ($0.01). Ecolab had a net margin of 13.59% and a return on equity of 22.52%. The company had revenue of $4.03 billion during the quarter, compared to analysts’ expectations of $4.03 billion. Ecolab has set its Q3 2025 guidance at 2.020-2.120 EPS. FY 2025 guidance at 7.420-7.620 EPS. As a group, equities research analysts expect that Ecolab Inc. will post 7.54 earnings per share for the current fiscal year.

Ecolab Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 16th were given a $0.65 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $2.60 annualized dividend and a yield of 0.9%. Ecolab’s dividend payout ratio (DPR) is 34.71%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Raymond James Financial initiated coverage on Ecolab in a research note on Tuesday, August 26th. They issued a “market perform” rating on the stock. Baird R W upgraded shares of Ecolab from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 30th. BMO Capital Markets increased their price target on shares of Ecolab from $307.00 to $310.00 and gave the stock an “outperform” rating in a research note on Monday, September 8th. Erste Group Bank started coverage on Ecolab in a report on Tuesday, October 14th. They set a “buy” rating for the company. Finally, Citigroup reiterated a “buy” rating on shares of Ecolab in a report on Monday, October 6th. Three analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Ecolab presently has an average rating of “Moderate Buy” and an average price target of $290.92.

Check Out Our Latest Research Report on ECL

About Ecolab

(Free Report)

Ecolab Inc provides water, hygiene, and infection prevention solutions and services in the United States and internationally. The company operates through three segments: Global Industrial; Global Institutional & Specialty; and Global Healthcare & Life Sciences. The Global Industrial segment offers water treatment and process applications, and cleaning and sanitizing solutions to manufacturing, food and beverage processing, transportation, chemical, metals and mining, power generation, pulp and paper, commercial laundry, petroleum, refining, and petrochemical industries.

See Also

Institutional Ownership by Quarter for Ecolab (NYSE:ECL)

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