Edmond DE Rothschild Holding S.A. Takes $1.03 Million Position in Ecolab Inc. $ECL

Edmond DE Rothschild Holding S.A. purchased a new position in Ecolab Inc. (NYSE:ECLFree Report) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 3,701 shares of the basic materials company’s stock, valued at approximately $1,031,000.

Other institutional investors have also made changes to their positions in the company. Wexford Capital LP bought a new position in Ecolab during the third quarter worth about $25,000. JPL Wealth Management LLC bought a new stake in shares of Ecolab in the 3rd quarter valued at about $26,000. Costello Asset Management INC bought a new stake in Ecolab in the first quarter valued at approximately $27,000. Kemnay Advisory Services Inc. bought a new stake in shares of Ecolab in the 4th quarter valued at $27,000. Finally, J.Safra Asset Management Corp acquired a new stake in shares of Ecolab during the second quarter worth about $28,000. 74.91% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Benjamin M. Clark bought 1,000 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were bought at an average price of $263.83 per share, with a total value of $263,830.00. Following the completion of the transaction, the executive vice president owned 1,083 shares of the company’s stock, valued at $285,727.89. This trade represents a 1,204.82% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Christophe Beck sold 17,862 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $280.14, for a total value of $5,003,860.68. Following the transaction, the chief executive officer owned 72,932 shares in the company, valued at approximately $20,431,170.48. This trade represents a 19.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 28,866 shares of company stock worth $7,878,801 in the last 90 days. Corporate insiders own 0.50% of the company’s stock.

Ecolab Stock Down 1.7%

ECL stock opened at $280.73 on Friday. Ecolab Inc. has a 1-year low of $243.15 and a 1-year high of $309.27. The business’s 50 day simple moving average is $276.23 and its 200 day simple moving average is $273.67. The company has a current ratio of 1.84, a quick ratio of 1.57 and a debt-to-equity ratio of 1.18. The firm has a market capitalization of $78.70 billion, a PE ratio of 37.68, a PEG ratio of 2.46 and a beta of 0.88.

Ecolab (NYSE:ECLGet Free Report) last announced its quarterly earnings results 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. Ecolab had a return on equity of 22.72% and a net margin of 12.57%.The business had revenue of $4.42 billion during the quarter, compared to the consensus estimate of $4.38 billion. During the same quarter last year, the firm posted $1.89 EPS. The company’s quarterly revenue was up 9.7% on a year-over-year basis. 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 business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 15th will be issued 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 dividend yield of 1.0%. Ecolab’s payout ratio is presently 39.19%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. UBS Group restated a “buy” rating and set a $342.00 price objective on shares of Ecolab in a report on Wednesday, July 29th. Mizuho upped their price objective on Ecolab from $325.00 to $327.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Oppenheimer raised 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 report on Friday, July 17th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Ecolab from $325.00 to $335.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Finally, Citigroup boosted their price objective on shares of Ecolab from $325.00 to $330.00 and gave the stock a “buy” rating in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Ecolab has a consensus rating of “Moderate Buy” and an average target price of $327.56.

Get Our Latest Stock Report on ECL

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.

Featured Articles

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:ECLFree Report).

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.