Callan Family Office LLC Purchases 6,079 Shares of Ecolab Inc. $ECL

Key Points

• Callan Family Office LLC increased its holdings in Ecolab Inc. by 148.1%, purchasing an additional 6,079 shares, bringing its total ownership to 10,184 shares worth approximately $2,744,000.
• Several institutional investors, including Vanguard Group and Goldman Sachs, also raised their stakes in Ecolab, contributing to a total institutional ownership of 74.91% of the company's stock.
• Ecolab declared a quarterly dividend of $0.65 per share, which will be paid on October 15th, with a projected annual dividend yield of 1.0%.

Callan Family Office LLC increased its position in Ecolab Inc. (NYSE:ECL - Free Report) by 148.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 10,184 shares of the basic materials company's stock after purchasing an additional 6,079 shares during the quarter. Callan Family Office LLC's holdings in Ecolab were worth $2,744,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. grew its stake in Ecolab by 1.1% in the 1st quarter. Vanguard Group Inc. now owns 24,411,233 shares of the basic materials company's stock valued at $6,188,736,000 after buying an additional 261,489 shares during the last quarter. Pictet Asset Management Holding SA grew its stake in Ecolab by 2.3% in the 1st quarter. Pictet Asset Management Holding SA now owns 4,089,226 shares of the basic materials company's stock valued at $1,036,485,000 after buying an additional 93,409 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Ecolab by 4.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,805,952 shares of the basic materials company's stock valued at $964,885,000 after buying an additional 145,902 shares during the last quarter. Royal Bank of Canada grew its stake in Ecolab by 0.8% in the 1st quarter. Royal Bank of Canada now owns 3,577,229 shares of the basic materials company's stock valued at $906,900,000 after buying an additional 27,619 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in Ecolab by 6.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,718,340 shares of the basic materials company's stock valued at $689,154,000 after buying an additional 173,298 shares during the last quarter. 74.91% of the stock is owned by institutional investors.

Insider Activity

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

Ecolab Price Performance

Shares of NYSE:ECL opened at $271.80 on Friday. The firm has a 50 day simple moving average of $274.05 and a 200 day simple moving average of $263.04. The company has a market cap of $77.09 billion, a price-to-earnings ratio of 36.29, a PEG ratio of 2.80 and a beta of 1.09. Ecolab Inc. has a one year low of $221.62 and a one year high of $286.04. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.44 and a quick ratio of 1.12.

Ecolab (NYSE:ECL - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The basic materials company reported $1.89 earnings per share (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. Research analysts predict that Ecolab Inc. will post 7.54 earnings per share for the current fiscal year.

Ecolab Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 16th will be paid a dividend of $0.65 per share. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $2.60 annualized dividend and a dividend yield of 1.0%. Ecolab's dividend payout ratio (DPR) is presently 34.71%.

Analyst Ratings Changes

A number of brokerages recently commented on ECL. Weiss Ratings reiterated a "buy (b)" rating on shares of Ecolab in a research note on Wednesday. Baird R W upgraded shares of Ecolab from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 30th. Citigroup restated a "buy" rating on shares of Ecolab in a research report on Monday, October 6th. BMO Capital Markets increased their target price on shares of Ecolab from $307.00 to $310.00 and gave the stock an "outperform" rating in a research report on Monday, September 8th. Finally, Robert W. Baird increased their target price on shares of Ecolab from $300.00 to $306.00 and gave the stock an "outperform" rating in a research report on Friday, September 5th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $292.29.

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.