Corient Private Wealth LP Acquires Shares of 6,182,952 Ecolab Inc. $ECL

Key Points

• Corient Private Wealth LP acquired 6.18 million Ecolab shares worth approximately $244.4 million, representing about 2.21% of the company. Institutional investors collectively own 74.91% of Ecolab.
• Ecolab exceeded quarterly expectations, reporting $2.09 in EPS and $4.42 billion in revenue, with revenue up 9.7% year over year. The company issued third-quarter EPS guidance of $2.13–$2.23.
• Analysts remain broadly positive, with Ecolab carrying a “Moderate Buy” consensus rating and an average price target of $327.56. The company also declared a quarterly dividend of $0.73 per share, equivalent to a 1.0% annual yield.

Corient Private Wealth LP acquired a new position in shares of Ecolab Inc. (NYSE:ECL - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 6,182,952 shares of the basic materials company's stock, valued at approximately $244,381,000. Corient Private Wealth LP owned approximately 2.21% of Ecolab at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of ECL. Perennial Investment Advisors LLC acquired a new stake in shares of Ecolab in the 2nd quarter valued at about $272,000. Ausdal Financial Partners Inc. acquired a new position in Ecolab in the second quarter worth about $317,000. Bank of America Corp DE bought a new stake in Ecolab in the second quarter valued at about $578,923,000. Freestone Grove Partners LP acquired a new stake in Ecolab during the second quarter valued at approximately $15,482,000. Finally, Gallagher Fiduciary Advisors LLC bought a new position in Ecolab during the 2nd quarter worth approximately $727,000. Institutional investors and hedge funds own 74.91% of the company's stock.

Insiders Place Their Bets

In other Ecolab news, Director Michel D. Doukeris purchased 7,750 shares of the business's stock in a transaction dated Wednesday, June 10th. The shares were bought at an average price of $258.00 per share, with a total value of $1,999,500.00. Following the completion of the acquisition, the director owned 8,326 shares in the company, valued at approximately $2,148,108. This represents a 1,345.49% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Darrell R. Brown sold 10,000 shares of the stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $260.89, for a total value of $2,608,900.00. Following the completion of the transaction, the chief operating officer directly owned 32,733 shares of the company's stock, valued at $8,539,712.37. This trade represents a 23.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.50% of the company's stock.

Ecolab Stock Performance

Shares of ECL opened at $290.87 on Thursday. Ecolab Inc. has a 1 year low of $243.15 and a 1 year high of $309.27. The company has a market cap of $81.54 billion, a price-to-earnings ratio of 39.04, a price-to-earnings-growth ratio of 2.50 and a beta of 0.88. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.57 and a current ratio of 1.84. The firm has a fifty day moving average of $277.68 and a 200-day moving average of $273.73.

Ecolab (NYSE:ECL - Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The basic materials company reported $2.09 earnings per share for the quarter, topping analysts' consensus estimates of $2.08 by $0.01. The business had revenue of $4.42 billion for the quarter, compared to analysts' expectations of $4.38 billion. Ecolab had a net margin of 12.57% and a return on equity of 22.72%. The company's revenue for the quarter was up 9.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.89 EPS. Ecolab has set its Q3 2026 guidance at 2.130-2.230 EPS. As a group, equities analysts anticipate that Ecolab Inc. will post 8.17 earnings per share for the current year.

Ecolab Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 15th will be paid a $0.73 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.92 annualized dividend and a dividend yield of 1.0%. Ecolab's dividend payout ratio (DPR) is presently 39.19%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Wells Fargo & Company boosted their price target on Ecolab from $275.00 to $295.00 and gave the company an "equal weight" rating in a report on Thursday, July 30th. Citigroup lifted their price objective on shares of Ecolab from $325.00 to $330.00 and gave the stock a "buy" rating in a report on Wednesday, June 24th. Robert W. Baird set a $305.00 target price on shares of Ecolab in a report on Wednesday, July 29th. JPMorgan Chase & Co. boosted their price objective on shares of Ecolab from $295.00 to $305.00 and gave the company an "overweight" rating in a research report on Wednesday, July 29th. Finally, Oppenheimer upgraded shares of Ecolab from a "market perform" rating to an "outperform" rating and set a $320.00 price objective on the stock in a research note on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Ecolab currently has an average rating of "Moderate Buy" and an average target price of $327.56.

Ecolab 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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