5,650 Ecolab Inc. $ECL Shares Sold by Dudley & Shanley Inc.
by Michael Walen · The Markets DailyDudley & Shanley Inc. cut its position in shares of Ecolab Inc. (NYSE:ECL – Free Report) by 5.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 99,043 shares of the basic materials company’s stock after selling 5,650 shares during the quarter. Ecolab accounts for 4.4% of Dudley & Shanley Inc.’s portfolio, making the stock its 5th largest position. Dudley & Shanley Inc.’s holdings in Ecolab were worth $27,195,000 at the end of the most recent quarter.
Several other institutional investors have also modified their holdings of ECL. Ferguson Wellman Capital Management Inc. grew its holdings in shares of Ecolab by 7.6% in the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 2,988 shares of the basic materials company’s stock worth $820,000 after acquiring an additional 211 shares during the last quarter. Rockland Trust Co. boosted its position in shares of Ecolab by 0.9% in the 3rd quarter. Rockland Trust Co. now owns 59,362 shares of the basic materials company’s stock valued at $16,300,000 after purchasing an additional 530 shares during the period. Polaris Financial Partners acquired a new position in shares of Ecolab in the 3rd quarter valued at $31,000. CX Institutional increased its stake in Ecolab by 8.7% in the 3rd quarter. CX Institutional now owns 2,252 shares of the basic materials company’s stock worth $618,000 after purchasing an additional 180 shares in the last quarter. Finally, First Financial Bank Trust Division raised its holdings in Ecolab by 1.7% during the 3rd quarter. First Financial Bank Trust Division now owns 23,362 shares of the basic materials company’s stock worth $6,415,000 after buying an additional 399 shares during the period. Institutional investors and hedge funds own 74.91% of the company’s stock.
Insider Activity at Ecolab
In related news, CEO Christophe Beck sold 17,862 shares of Ecolab stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $280.14, for a total value of $5,003,860.68. Following the completion of the sale, the chief executive officer owned 72,932 shares of the company’s stock, valued at approximately $20,431,170.48. The trade was a 19.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.50% of the stock is currently owned by company insiders.
Ecolab Stock Up 1.3%
Shares of Ecolab stock traded up $3.60 on Tuesday, hitting $280.67. 334,969 shares of the company traded hands, compared to its average volume of 1,446,434. 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 company has a market cap of $78.68 billion, a PE ratio of 37.69, a PEG ratio of 2.65 and a beta of 0.87. The company has a 50-day moving average price of $279.32 and a 200 day moving average price of $270.37.
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 business had revenue of $4.42 billion during the quarter, compared to analyst estimates of $4.38 billion. During the same period last year, the company earned $1.89 earnings per share. Ecolab’s quarterly revenue was up 9.7% compared to the same quarter last year. Ecolab has set its Q3 2026 guidance at 2.130-2.230 EPS. Sell-side analysts predict that Ecolab Inc. will post 8.16 earnings per share for the current year.
Ecolab Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 15th will be given a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, September 15th. Ecolab’s payout ratio is currently 39.19%.
Wall Street Analyst Weigh In
ECL has been the subject of several recent analyst reports. Zacks Research upgraded shares of Ecolab from a “strong sell” rating to a “hold” rating in a report on Monday, September 7th. JPMorgan Chase & Co. upped their price target on shares of Ecolab from $295.00 to $305.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $337.00 price objective on shares of Ecolab in a research note on Tuesday, July 7th. Citigroup boosted their target price on shares of Ecolab from $325.00 to $330.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Ecolab from $325.00 to $335.00 and gave the company a “buy” rating in a report on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Ecolab presently has an average rating of “Moderate Buy” and an average price target of $327.67.
Check Out Our Latest Report on ECL
About Ecolab
Ecolab Inc (NYSE:ECL) is a global provider of water, hygiene, infection prevention and related services. The company helps businesses maintain clean, safe and efficient operations through specialized products, technologies, equipment and on-site expertise.
Its offerings include cleaning and sanitizing solutions, water treatment and process-management systems, food safety programs, infection prevention products, pest elimination services and solutions for industrial operations. Ecolab serves customers in industries including hospitality, healthcare, food and beverage production, life sciences, manufacturing, energy, retail and institutional services.
The company was founded in 1923 as Economics Laboratory and adopted the Ecolab name in 1986.
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