Global Retirement Partners LLC purchased a new stake in shares of Ecolab Inc. (NYSE:ECL – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 8,472 shares of the basic materials company’s stock, valued at approximately $2,360,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Turtle Creek Wealth Advisors LLC increased its position in shares of Ecolab by 3.6% in the fourth quarter. Turtle Creek Wealth Advisors LLC now owns 1,028 shares of the basic materials company’s stock worth $270,000 after purchasing an additional 36 shares during the period. HBK Sorce Advisory LLC grew its holdings in shares of Ecolab by 2.7% during the fourth quarter. HBK Sorce Advisory LLC now owns 1,362 shares of the basic materials company’s stock worth $395,000 after purchasing an additional 36 shares during the last quarter. Addison Advisors LLC increased its position in Ecolab by 5.2% in the 4th quarter. Addison Advisors LLC now owns 764 shares of the basic materials company’s stock valued at $201,000 after acquiring an additional 38 shares during the period. CYBER HORNET ETFs LLC lifted its holdings in shares of Ecolab by 5.5% during the fourth quarter. CYBER HORNET ETFs LLC now owns 730 shares of the basic materials company’s stock worth $192,000 after purchasing an additional 38 shares during the period. Finally, Rothschild Investment LLC grew its stake in shares of Ecolab by 9.0% in the fourth quarter. Rothschild Investment LLC now owns 486 shares of the basic materials company’s stock worth $128,000 after purchasing an additional 40 shares during the last quarter. Institutional investors and hedge funds own 74.91% of the company’s stock.
Insiders Place Their Bets
In related news, Director Suzanne M. Vautrinot sold 1,004 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $264.98, for a total transaction of $266,039.92. Following the completion of the transaction, the director owned 11,651 shares in the company, valued at approximately $3,087,281.98. This represents a 7.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Benjamin M. Clark acquired 1,000 shares of the stock in a transaction on Thursday, June 11th. The stock was bought at an average cost of $263.83 per share, for a total transaction of $263,830.00. Following the transaction, the executive vice president owned 1,083 shares of the company’s stock, valued at approximately $285,727.89. This trade represents a 1,204.82% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 0.50% of the company’s stock.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Analysis on Ecolab
Ecolab Price Performance
ECL opened at $276.28 on Monday. Ecolab Inc. has a 1 year low of $243.15 and a 1 year high of $309.27. The company has a debt-to-equity ratio of 1.18, a current ratio of 1.84 and a quick ratio of 1.57. The company has a market capitalization of $77.45 billion, a price-to-earnings ratio of 37.09, a P/E/G ratio of 2.38 and a beta of 0.88. The firm’s fifty day moving average price is $274.64 and its two-hundred day moving average price is $273.73.
Ecolab (NYSE:ECL – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The basic materials company reported $2.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.08 by $0.01. The company had revenue of $4.42 billion for the quarter, compared to analyst estimates of $4.38 billion. Ecolab had a net margin of 12.57% and a return on equity of 22.72%. The firm’s revenue was up 9.7% on a year-over-year basis. During the same period last year, the firm earned $1.89 earnings per share. Ecolab has set its Q3 2026 guidance at 2.130-2.230 EPS. As a group, analysts anticipate that Ecolab Inc. will post 8.17 earnings per share for the current fiscal year.
Ecolab Announces Dividend
The firm also recently declared 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. This represents a $2.92 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Tuesday, September 15th. Ecolab’s dividend payout ratio (DPR) is 39.19%.
Ecolab Company Profile
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.
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