Marble Harbor Investment Counsel LLC Sells 975 Shares of Ecolab Inc. $ECL

Marble Harbor Investment Counsel LLC trimmed its stake in Ecolab Inc. (NYSE:ECL) by 2.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 43,361 shares of the basic materials company’s stock after selling 975 shares during the quarter. Ecolab makes up about 1.3% of Marble Harbor Investment Counsel LLC’s portfolio, making the stock its 25th biggest holding. Marble Harbor Investment Counsel LLC’s holdings in Ecolab were worth $11,683,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in ECL. Accredited Investors Inc. increased its holdings in Ecolab by 55.6% during the second quarter. Accredited Investors Inc. now owns 4,099 shares of the basic materials company’s stock worth $1,104,000 after buying an additional 1,465 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of Ecolab by 2.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 135,706 shares of the basic materials company’s stock worth $36,565,000 after purchasing an additional 3,215 shares during the last quarter. Forsta AP Fonden raised its holdings in shares of Ecolab by 23.1% in the 2nd quarter. Forsta AP Fonden now owns 107,000 shares of the basic materials company’s stock valued at $28,830,000 after purchasing an additional 20,100 shares during the period. KBC Group NV lifted its stake in Ecolab by 49.7% in the 2nd quarter. KBC Group NV now owns 741,253 shares of the basic materials company’s stock valued at $199,723,000 after purchasing an additional 246,237 shares during the last quarter. Finally, Jupiter Asset Management Ltd. grew its holdings in Ecolab by 28.4% during the second quarter. Jupiter Asset Management Ltd. now owns 178,389 shares of the basic materials company’s stock worth $48,065,000 after purchasing an additional 39,508 shares during the period. Institutional investors own 74.91% of the company’s stock.

Ecolab Stock Up 1.4%

ECL stock opened at $262.23 on Wednesday. The firm has a 50-day moving average price of $269.57 and a 200-day moving average price of $267.62. Ecolab Inc. has a 12 month low of $221.62 and a 12 month high of $286.04. The company has a current ratio of 1.70, a quick ratio of 1.12 and a debt-to-equity ratio of 0.83. The stock has a market capitalization of $74.27 billion, a P/E ratio of 37.68, a price-to-earnings-growth ratio of 2.65 and a beta of 1.07.

Ecolab (NYSE:ECL) last announced its quarterly earnings results on Tuesday, October 28th. The basic materials company reported $2.07 earnings per share (EPS) for the quarter, hitting the consensus estimate of $2.07. Ecolab had a net margin of 12.49% and a return on equity of 22.55%. The company had revenue of $4.17 billion during the quarter, compared to the consensus estimate of $4.12 billion. During the same period in the prior year, the business earned $2.57 earnings per share. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. 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 anticipate that Ecolab Inc. will post 7.54 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. BMO Capital Markets set a $307.00 price objective on Ecolab and gave the company an “outperform” rating in a research report on Thursday, October 30th. Baird R W raised shares of Ecolab from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 30th. Citigroup lowered their price target on shares of Ecolab from $325.00 to $323.00 and set a “buy” rating on the stock in a report on Wednesday, October 29th. Evercore ISI upgraded Ecolab from an “in-line” rating to an “outperform” rating and boosted their price objective for the stock from $265.00 to $300.00 in a report on Monday, November 3rd. Finally, UBS Group lowered their target price on Ecolab from $299.00 to $291.00 and set a “neutral” rating on the stock in a research note on Friday, October 31st. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $295.14.

Insider Activity

In other Ecolab news, 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 transaction, the director owned 11,199 shares in the company, valued at approximately $3,171,108.84. This trade represents a 10.79% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.04% of the stock is owned by company insiders.

About Ecolab

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.