Triton Financial Group Inc Takes Position in Ecolab Inc. $ECL

Key Points

• Triton Financial Group Inc has acquired a new stake in Ecolab Inc., purchasing 5,919 shares worth approximately $1.6 million in the second quarter.
• Research analysts maintain a positive outlook on Ecolab, with multiple firms recently issuing buy or outperform ratings, as well as raising target prices, resulting in an average target price of $290.92.
• Ecolab recently declared a quarterly dividend of $0.65 per share, yielding 0.9% annually, with a payout ratio of 34.71%.

Triton Financial Group Inc acquired a new stake in Ecolab Inc. (NYSE:ECL - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 5,919 shares of the basic materials company's stock, valued at approximately $1,595,000.

A number of other institutional investors have also modified their holdings of ECL. Saudi Central Bank acquired a new stake in shares of Ecolab in the first quarter valued at $25,000. Financial Connections Group Inc. acquired a new stake in shares of Ecolab in the second quarter valued at $26,000. J.Safra Asset Management Corp grew its stake in shares of Ecolab by 202.6% in the second quarter. J.Safra Asset Management Corp now owns 115 shares of the basic materials company's stock valued at $31,000 after buying an additional 77 shares in the last quarter. Ridgewood Investments LLC grew its stake 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 in the last quarter. Finally, Olde Wealth Management LLC acquired a new stake in shares of Ecolab in the first quarter valued at $38,000. 74.91% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently commented on the company. Citigroup reissued a "buy" rating on shares of Ecolab in a research note on Monday, October 6th. Erste Group Bank assumed coverage on Ecolab in a research note on Tuesday, October 14th. They set a "buy" rating for the company. Oppenheimer raised Ecolab to an "outperform" rating in a research note on Wednesday, July 30th. UBS Group boosted their target price on Ecolab from $295.00 to $299.00 and gave the stock a "neutral" rating in a research note on Monday, October 6th. Finally, Baird R W raised Ecolab from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, Ecolab presently has an average rating of "Moderate Buy" and an average target price of $290.92.

Ecolab Trading Up 1.3%

NYSE:ECL opened at $280.31 on Tuesday. The stock has a 50-day simple moving average of $274.63 and a 200-day simple moving average of $264.13. The stock has a market cap of $79.50 billion, a P/E ratio of 37.43, a P/E/G ratio of 2.85 and a beta of 1.09. Ecolab Inc. has a 1 year low of $221.62 and a 1 year high of $286.04. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.12 and a current ratio of 1.44.

Ecolab (NYSE:ECL - Get Free Report) last released its quarterly earnings data 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). Ecolab had a return on equity of 22.52% and a net margin of 13.59%.The business had revenue of $4.03 billion for 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, analysts anticipate that Ecolab Inc. will post 7.54 earnings per share for the current fiscal year.

Ecolab Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 16th were paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Tuesday, September 16th. Ecolab's dividend payout ratio is 34.71%.

Insider Transactions at Ecolab

In other Ecolab news, Director David Maclennan bought 600 shares of the business's stock in a transaction dated Wednesday, August 13th. The stock was acquired at an average cost of $278.51 per share, with a total value of $167,106.00. Following the purchase, the director owned 20,253 shares in the company, valued at approximately $5,640,663.03. This represents a 3.05% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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 transaction, the director directly 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 disclosure for this sale can be found here. Company insiders own 0.50% of the company's stock.

Ecolab Profile

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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