Fulcrum Capital LLC reduced its position in Ecolab Inc. (NYSE:ECL – Free Report) by 3.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,250 shares of the basic materials company’s stock after selling 222 shares during the quarter. Fulcrum Capital LLC’s holdings in Ecolab were worth $1,684,000 as of its most recent SEC filing.
Other institutional investors also recently added to or reduced their stakes in the company. Nuveen LLC purchased a new position in Ecolab in the 1st quarter worth about $337,563,000. Vontobel Holding Ltd. increased its position in shares of Ecolab by 119.7% during the second quarter. Vontobel Holding Ltd. now owns 2,036,339 shares of the basic materials company’s stock worth $548,671,000 after acquiring an additional 1,109,585 shares during the period. Auto Owners Insurance Co increased its position in shares of Ecolab by 27,677.8% during the first quarter. Auto Owners Insurance Co now owns 1,000,000 shares of the basic materials company’s stock worth $253,520,000 after acquiring an additional 996,400 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Ecolab by 79.6% during the first quarter. Envestnet Asset Management Inc. now owns 1,260,813 shares of the basic materials company’s stock worth $319,641,000 after acquiring an additional 558,947 shares during the period. Finally, OVERSEA CHINESE BANKING Corp Ltd increased its position in shares of Ecolab by 199.6% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 434,598 shares of the basic materials company’s stock worth $110,179,000 after acquiring an additional 289,556 shares during the period. Hedge funds and other institutional investors own 74.91% of the company’s stock.
Insider Buying and Selling at Ecolab
In other Ecolab news, SVP Jennifer J. Bradway sold 807 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $279.28, for a total value of $225,378.96. Following the completion of the sale, the senior vice president directly owned 4,326 shares in the company, valued at $1,208,165.28. This trade represents a 15.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Suzanne M. Vautrinot sold 1,354 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $283.16, for a total transaction of $383,398.64. Following the completion of the sale, the director owned 11,199 shares of the company’s stock, valued at approximately $3,171,108.84. This trade represents a 10.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.04% of the stock is owned by insiders.
Ecolab Stock Down 0.3%
Ecolab (NYSE:ECL – Get Free Report) last announced its earnings results on Tuesday, July 29th. The basic materials company reported $1.89 earnings per share for the quarter, missing the consensus estimate of $1.90 by ($0.01). The firm had revenue of $4.03 billion during the quarter, compared to analyst estimates of $4.03 billion. Ecolab had a net margin of 13.59% and a return on equity of 22.52%. Ecolab has set its Q3 2025 guidance at 2.020-2.120 EPS. FY 2025 guidance at 7.420-7.620 EPS. On average, analysts forecast that Ecolab Inc. will post 7.54 earnings per share for the current fiscal year.
Ecolab Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 16th will be paid a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 1.0%. The ex-dividend date is Tuesday, September 16th. Ecolab’s dividend payout ratio (DPR) is 34.71%.
Analysts Set New Price Targets
A number of equities analysts have recently commented on the stock. Citigroup reaffirmed a “buy” rating on shares of Ecolab in a research report on Monday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ecolab in a research report on Wednesday. Mizuho raised their target price on shares of Ecolab from $285.00 to $305.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 15th. Baird R W raised shares of Ecolab from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 30th. Finally, UBS Group boosted their price objective on shares of Ecolab from $295.00 to $299.00 and gave the stock a “neutral” rating in a research note on Monday. Three analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $292.29.
Read Our Latest Stock Analysis on Ecolab
Ecolab Company 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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