Segall Bryant & Hamill LLC raised its stake in shares of Ecolab Inc. (NYSE:ECL – Free Report) by 20.3% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 81,004 shares of the basic materials company’s stock after acquiring an additional 13,694 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Ecolab were worth $21,826,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the stock. Saudi Central Bank acquired a new stake in Ecolab in the 1st quarter worth approximately $25,000. Financial Connections Group Inc. bought a new position in shares of Ecolab in the second quarter valued at approximately $26,000. J.Safra Asset Management Corp lifted its stake in shares of Ecolab by 202.6% in the second quarter. J.Safra Asset Management Corp now owns 115 shares of the basic materials company’s stock worth $31,000 after buying an additional 77 shares during the last quarter. Ridgewood Investments LLC boosted its holdings 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 buying an additional 60 shares during the period. Finally, Capital Analysts LLC acquired a new position in Ecolab in the 1st quarter valued at $40,000. Institutional investors own 74.91% of the company’s stock.
Insider Activity
In other news, CEO Christophe Beck sold 21,714 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer directly owned 72,644 shares of the company’s stock, valued at approximately $18,989,868.04. This trade represents a 23.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.04% of the company’s stock.
Ecolab Price Performance
Ecolab (NYSE:ECL – Get Free Report) last released its quarterly earnings data on Tuesday, October 28th. The basic materials company reported $2.07 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates 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%.Ecolab’s quarterly revenue was up 4.2% on a year-over-year basis. During the same period in the previous year, the business posted $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 analysts expect that Ecolab Inc. will post 7.54 EPS for the current year.
Analyst Ratings Changes
ECL has been the subject of a number of research analyst reports. Barclays boosted their target price on shares of Ecolab from $275.00 to $300.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 29th. Oppenheimer upgraded Ecolab to an “outperform” rating in a research note on Wednesday, July 30th. Stifel Nicolaus lowered their target price on Ecolab from $303.00 to $300.00 and set a “buy” rating on the stock in a report on Wednesday, October 29th. Baird R W upgraded Ecolab from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 30th. Finally, Evercore ISI upgraded shares of Ecolab from an “in-line” rating to an “outperform” rating and raised their price objective for the stock from $265.00 to $300.00 in a research note on Monday, November 3rd. Three research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $295.14.
Read Our Latest Stock Analysis on ECL
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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