Representative Jefferson Shreve (R-Indiana) recently sold shares of Ecolab Inc. NYSE: ECL. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $100,001 and $250,000 in Ecolab stock on May 8th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.
Representative Jefferson Shreve also recently made the following trade(s):
- Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
- Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
- Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
- Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
- Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
- Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
- Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
- Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
- Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
- Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.
Ecolab Stock Up 0.8%
Ecolab stock traded up $2.10 during midday trading on Friday, reaching $271.93. The company's stock had a trading volume of 972,465 shares, compared to its average volume of 1,147,949. Ecolab Inc. has a fifty-two week low of $220.96 and a fifty-two week high of $274.17. The company has a quick ratio of 0.98, a current ratio of 1.32 and a debt-to-equity ratio of 0.79. The company has a market cap of $77.13 billion, a P/E ratio of 36.95, a P/E/G ratio of 2.90 and a beta of 1.03. The business has a 50-day simple moving average of $266.55 and a 200-day simple moving average of $255.44.
Ecolab (NYSE:ECL - Get Free Report) last posted its quarterly earnings results on Tuesday, April 29th. The basic materials company reported $1.50 earnings per share for the quarter, meeting analysts' consensus estimates of $1.50. Ecolab had a return on equity of 22.53% and a net margin of 13.41%. The company had revenue of $3.70 billion for the quarter, compared to analysts' expectations of $3.71 billion. During the same period last year, the firm earned $1.34 earnings per share. Ecolab's quarterly revenue was down 1.5% on a year-over-year basis. On average, research analysts expect 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 was paid on Tuesday, July 15th. Shareholders of record on Tuesday, June 17th were paid a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date of this dividend was Tuesday, June 17th. Ecolab's dividend payout ratio is presently 35.33%.
Analysts Set New Price Targets
A number of research firms have recently commented on ECL. Wells Fargo & Company set a $260.00 target price on Ecolab and gave the stock an "equal weight" rating in a research report on Tuesday, May 20th. Robert W. Baird cut their target price on Ecolab from $277.00 to $273.00 and set a "neutral" rating on the stock in a research report on Wednesday, April 30th. Barclays cut their target price on Ecolab from $300.00 to $275.00 and set an "overweight" rating on the stock in a research report on Thursday, April 17th. Mizuho upped their price objective on Ecolab from $285.00 to $305.00 and gave the company an "outperform" rating in a research note on Tuesday, July 15th. Finally, Stifel Nicolaus lowered their target price on Ecolab from $307.00 to $303.00 and set a "buy" rating on the stock in a research note on Wednesday, April 30th. Five 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's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $288.33.
View Our Latest Report on Ecolab
Insider Buying and Selling at Ecolab
In other Ecolab news, Director David Maclennan purchased 500 shares of Ecolab stock in a transaction on Wednesday, May 7th. The shares were bought at an average price of $251.75 per share, with a total value of $125,875.00. Following the purchase, the director directly owned 19,465 shares in the company, valued at $4,900,313.75. This trade represents a 2.64% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.04% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Ecolab
Institutional investors and hedge funds have recently bought and sold shares of the stock. Saudi Central Bank purchased a new stake in Ecolab in the 1st quarter valued at approximately $25,000. Financial Connections Group Inc. purchased a new stake in Ecolab in the 2nd quarter valued at approximately $26,000. Creative Financial Designs Inc. ADV lifted its stake in Ecolab by 134.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 108 shares of the basic materials company's stock valued at $25,000 after buying an additional 62 shares in the last quarter. Graney & King LLC purchased a new stake in Ecolab in the 4th quarter valued at approximately $26,000. Finally, Midwest Capital Advisors LLC purchased a new position in shares of Ecolab during the 4th quarter worth $28,000. Hedge funds and other institutional investors own 74.91% 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.
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