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Curi RMB Capital LLC Has $274,000 Stock Position in Ecolab Inc. $ECL

Ecolab logo with Basic Materials background

Key Points

  • Curi RMB Capital LLC reduced its position in Ecolab Inc. by 56%, selling 1,372 shares and holding only 1,077 shares valued at $274,000 as per its latest SEC filing.
  • Several institutional investors, including Nemes Rush Group LLC and University of Texas Texas AM Investment Management Co., increased their holdings in Ecolab during the same quarter, indicating overall positive sentiment among investors.
  • Ecolab's recent quarterly earnings report showed an EPS of $1.89, slightly missing analysts' expectations, and the company announced a quarterly dividend of $0.65 with a yield of 1.0%.
  • MarketBeat previews top five stocks to own in October.

Curi RMB Capital LLC lessened its stake in shares of Ecolab Inc. (NYSE:ECL - Free Report) by 56.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,077 shares of the basic materials company's stock after selling 1,372 shares during the period. Curi RMB Capital LLC's holdings in Ecolab were worth $274,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in Ecolab by 1.1% during the 1st quarter. Vanguard Group Inc. now owns 24,411,233 shares of the basic materials company's stock worth $6,188,736,000 after buying an additional 261,489 shares during the period. Pictet Asset Management Holding SA raised its holdings in Ecolab by 2.3% during the 1st quarter. Pictet Asset Management Holding SA now owns 4,089,226 shares of the basic materials company's stock worth $1,036,485,000 after buying an additional 93,409 shares during the period. Royal Bank of Canada raised its holdings in Ecolab by 0.8% during the 1st quarter. Royal Bank of Canada now owns 3,577,229 shares of the basic materials company's stock worth $906,900,000 after buying an additional 27,619 shares during the period. Goldman Sachs Group Inc. raised its holdings in Ecolab by 6.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,718,340 shares of the basic materials company's stock worth $689,154,000 after buying an additional 173,298 shares during the period. Finally, GAMMA Investing LLC raised its holdings in Ecolab by 27,182.2% during the 1st quarter. GAMMA Investing LLC now owns 1,813,175 shares of the basic materials company's stock worth $459,676,000 after buying an additional 1,806,529 shares during the period. Institutional investors and hedge funds own 74.91% of the company's stock.

Ecolab Stock Up 2.0%

NYSE:ECL traded up $5.30 during mid-day trading on Thursday, reaching $274.39. The stock had a trading volume of 382,840 shares, compared to its average volume of 1,299,001. The business's 50 day moving average is $272.58 and its 200 day moving average is $261.28. Ecolab Inc. has a fifty-two week low of $221.62 and a fifty-two week high of $286.04. The stock has a market cap of $77.82 billion, a P/E ratio of 36.63, a PEG ratio of 2.78 and a beta of 1.07. 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 data on Tuesday, July 29th. The basic materials company reported $1.89 EPS for the quarter, missing analysts' consensus estimates of $1.90 by ($0.01). Ecolab had a return on equity of 22.52% and a net margin of 13.59%.The firm had revenue of $4.03 billion during the quarter, compared to analyst estimates of $4.03 billion. Ecolab has set its Q3 2025 guidance at 2.020-2.120 EPS. FY 2025 guidance at 7.420-7.620 EPS. As a group, sell-side analysts predict that Ecolab Inc. will post 7.54 earnings per share for the current year.

Ecolab Dividend Announcement

The company 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. The ex-dividend date is Tuesday, September 16th. This represents a $2.60 dividend on an annualized basis and a yield of 0.9%. Ecolab's dividend payout ratio is currently 34.71%.

Insider Buying and Selling

In other news, Director David Maclennan acquired 600 shares of the company's stock in a transaction that occurred on Wednesday, August 13th. The shares were purchased at an average price of $278.51 per share, for a total transaction of $167,106.00. Following the completion of the acquisition, the director owned 20,253 shares of the company's stock, valued at approximately $5,640,663.03. This represents a 3.05% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Suzanne M. Vautrinot sold 1,354 shares of the stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $283.16, for a total value of $383,398.64. Following the completion of the transaction, the director owned 11,199 shares in the company, valued at $3,171,108.84. This represents a 10.79% decrease in their position. The disclosure for this sale can be found here. 0.04% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts have issued reports on ECL shares. Wells Fargo & Company set a $260.00 price objective on Ecolab and gave the stock an "equal weight" rating in a report on Tuesday, May 20th. Robert W. Baird upped their target price on Ecolab from $300.00 to $306.00 and gave the company an "outperform" rating in a report on Friday, September 5th. Mizuho upped their target price on Ecolab from $285.00 to $305.00 and gave the company an "outperform" rating in a report on Tuesday, July 15th. BMO Capital Markets upped their target price on Ecolab from $307.00 to $310.00 and gave the company an "outperform" rating in a report on Monday. Finally, Citigroup dropped their target price on Ecolab from $320.00 to $315.00 and set a "buy" rating on the stock in a report on Wednesday, July 30th. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $292.00.

Check Out Our Latest Stock Analysis on Ecolab

Ecolab Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Ecolab (NYSE:ECL)

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