Everett Harris & Co. CA Invests $20.57 Million in Ecolab Inc. $ECL

Key Points

• Everett Harris & Co. CA acquired a new Ecolab stake worth approximately $20.57 million, purchasing 73,815 shares in the second quarter. Institutional investors and hedge funds collectively own 74.91% of Ecolab.
• Ecolab reported quarterly EPS of $2.09, slightly exceeding estimates, while revenue rose 9.7% year over year to $4.42 billion. The company issued third-quarter 2026 EPS guidance of $2.13–$2.23.
• Analysts maintain a generally positive view, with a consensus “Moderate Buy” rating and an average price target of $327.56. Ecolab also declared a quarterly dividend of $0.73 per share, implying a 1.1% annualized yield.

Everett Harris & Co. CA bought a new stake in shares of Ecolab Inc. (NYSE:ECL - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 73,815 shares of the basic materials company's stock, valued at approximately $20,566,000.

A number of other hedge funds have also recently bought and sold shares of the company. Turtle Creek Wealth Advisors LLC lifted its holdings in Ecolab by 3.6% in the 4th quarter. Turtle Creek Wealth Advisors LLC now owns 1,028 shares of the basic materials company's stock valued at $270,000 after acquiring an additional 36 shares during the last quarter. HBK Sorce Advisory LLC grew its stake in shares of Ecolab by 2.7% in the 4th quarter. HBK Sorce Advisory LLC now owns 1,362 shares of the basic materials company's stock worth $395,000 after purchasing an additional 36 shares during the last quarter. Addison Advisors LLC raised its holdings in shares of Ecolab by 5.2% in the 4th quarter. Addison Advisors LLC now owns 764 shares of the basic materials company's stock worth $201,000 after purchasing an additional 38 shares in the last quarter. CYBER HORNET ETFs LLC lifted its stake in Ecolab by 5.5% during the fourth quarter. CYBER HORNET ETFs LLC now owns 730 shares of the basic materials company's stock valued at $192,000 after purchasing an additional 38 shares during the last quarter. Finally, Kampmann Melissa S. boosted its holdings in Ecolab by 0.3% during the fourth quarter. Kampmann Melissa S. now owns 13,384 shares of the basic materials company's stock worth $3,746,000 after buying an additional 40 shares in the last quarter. 74.91% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Ecolab

In other news, Director Michel D. Doukeris acquired 7,750 shares of the business's stock in a transaction that occurred on Wednesday, June 10th. The stock was acquired at an average cost of $258.00 per share, for a total transaction 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. The trade was a 1,345.49% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Suzanne M. Vautrinot sold 1,004 shares of the company's stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $264.98, for a total value of $266,039.92. Following the completion of the transaction, the director directly owned 11,651 shares in the company, valued at approximately $3,087,281.98. The trade was a 7.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.50% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on ECL. Weiss Ratings downgraded Ecolab from a "buy (b)" rating to a "buy (b-)" rating in a research report on Wednesday, May 20th. BMO Capital Markets upped their target price on Ecolab from $345.00 to $360.00 and gave the company an "outperform" rating in a report on Wednesday, July 29th. Oppenheimer upgraded Ecolab from a "market perform" rating to an "outperform" rating and set a $320.00 price target for the company in a research report on Friday, July 17th. Bank of America boosted their price objective on Ecolab from $337.00 to $345.00 and gave the stock a "buy" rating in a report on Tuesday, April 21st. Finally, Jefferies Financial Group reduced their price objective on shares of Ecolab from $352.00 to $345.00 and set a "buy" rating for the company in a research note on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Ecolab has a consensus rating of "Moderate Buy" and an average target price of $327.56.

Ecolab Stock Performance

Shares of Ecolab stock opened at $276.28 on Friday. Ecolab Inc. has a 12 month low of $243.15 and a 12 month high of $309.27. The company has a quick ratio of 1.57, a current ratio of 1.84 and a debt-to-equity ratio of 1.18. The stock has a market cap of $77.45 billion, a PE ratio of 37.09, a price-to-earnings-growth ratio of 2.38 and a beta of 0.88. The business has a fifty day simple moving average of $274.64 and a 200-day simple moving average of $273.80.

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

Ecolab Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 15th will be given a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, September 15th. Ecolab's dividend payout ratio is 39.19%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source