Representative Jefferson Shreve (R-Indiana) recently bought shares of Ecolab Inc. NYSE: ECL. In a filing disclosed on May 08th, the Representative disclosed that they had bought between $100,001 and $250,000 in Ecolab stock on April 7th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.
Representative Jefferson Shreve also recently made the following trade(s):
- Purchased $50,001 - $100,000 in shares of Chipotle Mexican Grill NYSE: CMG on 4/17/2025.
- Purchased $50,001 - $100,000 in shares of Applied Materials NASDAQ: AMAT on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Caterpillar NYSE: CAT on 4/17/2025.
- Sold $15,001 - $50,000 in shares of Lululemon Athletica NASDAQ: LULU on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Western Digital NASDAQ: WDC on 4/17/2025.
- Sold $15,001 - $50,000 in shares of Zoetis NYSE: ZTS on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Stryker NYSE: SYK on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Ross Stores NASDAQ: ROST on 4/17/2025.
Ecolab Trading Down 0.2 %
NYSE ECL traded down $0.62 during trading hours on Friday, hitting $252.78. 951,169 shares of the company were exchanged, compared to its average volume of 1,157,489. Ecolab Inc. has a 52 week low of $220.96 and a 52 week high of $273.69. The company has a quick ratio of 0.95, a current ratio of 1.26 and a debt-to-equity ratio of 0.79. The stock has a 50-day moving average price of $247.38 and a 200 day moving average price of $247.69. The stock has a market cap of $71.70 billion, a PE ratio of 34.25, a price-to-earnings-growth ratio of 2.57 and a beta of 1.05.
Ecolab (NYSE:ECL - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The basic materials company reported $1.50 earnings per share for the quarter, meeting the consensus estimate of $1.50. The company had revenue of $3.70 billion for the quarter, compared to analyst estimates of $3.71 billion. Ecolab had a return on equity of 22.50% and a net margin of 13.42%. Ecolab's quarterly revenue was down 1.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.34 EPS. Analysts forecast 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 Tuesday, July 15th. Investors of record on Tuesday, June 17th will be issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date of this dividend is Tuesday, June 17th. Ecolab's payout ratio is 35.33%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. Barclays PLC boosted its position in shares of Ecolab by 9.5% in the 3rd quarter. Barclays PLC now owns 796,170 shares of the basic materials company's stock worth $203,285,000 after purchasing an additional 69,142 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Ecolab by 5.9% in the 3rd quarter. Principal Financial Group Inc. now owns 301,591 shares of the basic materials company's stock valued at $77,005,000 after acquiring an additional 16,747 shares during the period. CWA Asset Management Group LLC raised its stake in shares of Ecolab by 4.7% in the fourth quarter. CWA Asset Management Group LLC now owns 1,792 shares of the basic materials company's stock worth $420,000 after purchasing an additional 81 shares during the last quarter. Diversified Trust Co raised its position in Ecolab by 1.2% during the 4th quarter. Diversified Trust Co now owns 9,984 shares of the basic materials company's stock worth $2,339,000 after buying an additional 123 shares during the last quarter. Finally, Fulton Bank N.A. acquired a new stake in shares of Ecolab in the fourth quarter worth $276,000. Hedge funds and other institutional investors own 74.91% of the company's stock.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on ECL. Morgan Stanley raised shares of Ecolab from an "equal weight" rating to an "overweight" rating and increased their price objective for the stock from $263.00 to $280.00 in a research report on Tuesday, January 28th. Citigroup decreased their price target on Ecolab from $305.00 to $275.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. Wells Fargo & Company boosted their target price on shares of Ecolab from $240.00 to $250.00 and gave the company an "equal weight" rating in a research note on Wednesday, April 30th. Robert W. Baird reduced their price target on shares of Ecolab from $277.00 to $273.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 30th. Finally, BMO Capital Markets lifted their price objective on shares of Ecolab from $295.00 to $305.00 and gave the company an "outperform" rating in a report on Monday, March 3rd. Five research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Ecolab has a consensus rating of "Moderate Buy" and an average price target of $282.47.
Get Our Latest Report on ECL
Insider Buying and Selling
In other news, Director David Maclennan bought 500 shares of the business's stock in a transaction dated Wednesday, May 7th. The stock was purchased at an average cost of $251.75 per share, with a total value of $125,875.00. Following the acquisition, the director now directly owns 19,465 shares in the company, valued at $4,900,313.75. This trade represents a 2.64 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Jennifer J. Bradway sold 856 shares of the company's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $267.37, for a total transaction of $228,868.72. Following the completion of the transaction, the senior vice president now owns 4,140 shares of the company's stock, valued at approximately $1,106,911.80. This trade represents a 17.13 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 17,435 shares of company stock valued at $4,637,985 over the last 90 days. Insiders own 0.04% of the company's stock.
About Representative Shreve
Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election.
Email editor@ballotpedia.org to notify us of updates to this biography.
Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive.
Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.
About Ecolab
(
Get 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.
See Also
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