Evelyn Partners Investment Management Services Ltd grew its stake in Ecolab Inc. (NYSE:ECL – Free Report) by 374.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 370 shares of the basic materials company’s stock after purchasing an additional 292 shares during the period. Evelyn Partners Investment Management Services Ltd’s holdings in Ecolab were worth $100,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also modified their holdings of the company. Saudi Central Bank bought a new stake in Ecolab in the first quarter valued at $25,000. Financial Connections Group Inc. acquired a new stake in shares of Ecolab in the 2nd quarter valued at $26,000. J.Safra Asset Management Corp grew its holdings in shares of Ecolab by 202.6% in the 2nd quarter. J.Safra Asset Management Corp now owns 115 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 77 shares during the last quarter. Ridgewood Investments LLC increased its position in shares of Ecolab by 70.6% during the 1st quarter. Ridgewood Investments LLC now owns 145 shares of the basic materials company’s stock worth $37,000 after purchasing an additional 60 shares in the last quarter. Finally, Capital Analysts LLC bought a new position in Ecolab during the 1st quarter valued at about $40,000. Institutional investors own 74.91% of the company’s stock.
Insider Activity at Ecolab
In related news, CEO Christophe Beck sold 21,714 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $261.41, for a total transaction of $5,676,256.74. Following the completion of the sale, the chief executive officer directly owned 72,644 shares of the company’s stock, valued at $18,989,868.04. The trade was a 23.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.04% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Ecolab Trading Up 2.0%
ECL stock opened at $267.01 on Friday. The company has a quick ratio of 1.12, a current ratio of 1.70 and a debt-to-equity ratio of 0.83. Ecolab Inc. has a twelve month low of $221.62 and a twelve month high of $286.04. The company has a market cap of $75.63 billion, a P/E ratio of 38.36, a PEG ratio of 2.65 and a beta of 1.07. The business has a fifty day moving average of $267.53 and a 200-day moving average of $268.05.
Ecolab (NYSE:ECL – Get Free Report) last posted its quarterly earnings results on Tuesday, October 28th. The basic materials company reported $2.07 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.07. The business had revenue of $4.17 billion for the quarter, compared to analysts’ expectations of $4.12 billion. Ecolab had a return on equity of 22.55% and a net margin of 12.49%.The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same quarter last year, the business earned $2.57 earnings per share. Ecolab has set its Q4 2025 guidance at 2.020-2.120 EPS. FY 2025 guidance at 7.480-7.580 EPS. As a group, equities research analysts expect that Ecolab Inc. will post 7.54 EPS for the current year.
Ecolab Profile
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.
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