1832 Asset Management L.P. Purchases 8,856 Shares of Ecolab Inc. $ECL

Key Points

• 1832 Asset Management L.P. increased its stake in Ecolab Inc. by 17.8%, acquiring an additional 8,856 shares, bringing its total holdings to 58,734 shares valued at approximately $14.89 million.
• Ecolab reported Q2 earnings of $1.89 EPS, slightly below the consensus estimate of $1.90, with revenue of $4.03 billion matching expectations.
• The company announced a quarterly dividend of $0.65 per share, expected to be paid on October 15th, representing an annual yield of 0.9% based on a payout ratio of 34.71%.

1832 Asset Management L.P. grew its position in Ecolab Inc. (NYSE:ECL - Free Report) by 17.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 58,734 shares of the basic materials company's stock after acquiring an additional 8,856 shares during the period. 1832 Asset Management L.P.'s holdings in Ecolab were worth $14,890,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Dunhill Financial LLC raised its position in Ecolab by 176.7% in the 1st quarter. Dunhill Financial LLC now owns 119 shares of the basic materials company's stock valued at $30,000 after purchasing an additional 76 shares during the last quarter. Navigoe LLC bought a new stake in shares of Ecolab during the fourth quarter worth $31,000. Accredited Wealth Management LLC bought a new position in shares of Ecolab in the fourth quarter valued at about $33,000. Ridgewood Investments LLC raised its holdings in shares of Ecolab by 70.6% in the first quarter. Ridgewood Investments LLC now owns 145 shares of the basic materials company's stock valued at $37,000 after buying an additional 60 shares during the last quarter. Finally, Olde Wealth Management LLC acquired a new position in Ecolab during the 1st quarter worth about $38,000. 74.91% of the stock is owned by institutional investors and hedge funds.

Ecolab Trading Up 0.2%

Shares of NYSE ECL opened at $283.6590 on Friday. Ecolab Inc. has a fifty-two week low of $221.62 and a fifty-two week high of $286.04. The firm has a market capitalization of $80.45 billion, a P/E ratio of 37.87, a P/E/G ratio of 2.90 and a beta of 1.06. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.44 and a quick ratio of 1.12. The company's 50 day simple moving average is $269.98 and its 200 day simple moving average is $259.91.

Ecolab (NYSE:ECL - Get Free Report) last issued its earnings results on Tuesday, July 29th. The basic materials company reported $1.89 EPS for the quarter, missing the consensus estimate of $1.90 by ($0.01). The business had revenue of $4.03 billion for the quarter, compared to the consensus estimate 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 predict that Ecolab Inc. will post 7.54 EPS for the current year.

Ecolab Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 16th will be issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Tuesday, September 16th. Ecolab's dividend payout ratio is currently 34.71%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Wells Fargo & Company set a $260.00 price objective on shares of Ecolab and gave the company an "equal weight" rating in a research report on Tuesday, May 20th. Citigroup decreased their price target on shares of Ecolab from $320.00 to $315.00 and set a "buy" rating on the stock in a research note on Wednesday, July 30th. Stifel Nicolaus lowered their price target on shares of Ecolab from $307.00 to $303.00 and set a "buy" rating for the company in a report on Wednesday, April 30th. Robert W. Baird raised Ecolab from a "neutral" rating to an "outperform" rating and upped their price objective for the stock from $273.00 to $300.00 in a report on Wednesday, July 30th. Finally, UBS Group lifted their target price on Ecolab from $293.00 to $295.00 and gave the company a "neutral" rating in a research note on Thursday, August 14th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Ecolab has an average rating of "Moderate Buy" and an average price target of $291.21.

Insider Buying and Selling at Ecolab

In other Ecolab news, Director Suzanne M. Vautrinot sold 1,354 shares of the firm's stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $283.16, for a total transaction of $383,398.64. Following 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David Maclennan purchased 600 shares of the stock in a transaction dated Wednesday, August 13th. The stock was bought at an average cost of $278.51 per share, with a total value of $167,106.00. Following the completion of the purchase, the director owned 20,253 shares in the company, valued at $5,640,663.03. The trade was a 3.05% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.04% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.