Creekmur Asset Management LLC Purchases 303 Shares of Ecolab Inc. $ECL

by · The Cerbat Gem

Creekmur Asset Management LLC grew its position in Ecolab Inc. (NYSE:ECL – Free Report) by 34.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,191 shares of the basic materials company’s stock after purchasing an additional 303 shares during the quarter. Creekmur Asset Management LLC’s holdings in Ecolab were worth $321,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. St. Johns Investment Management Company LLC increased its position in Ecolab by 1.3% during the second quarter. St. Johns Investment Management Company LLC now owns 2,995 shares of the basic materials company’s stock worth $807,000 after acquiring an additional 38 shares during the period. Wedmont Private Capital increased its position in Ecolab by 1.3% during the second quarter. Wedmont Private Capital now owns 3,000 shares of the basic materials company’s stock worth $805,000 after acquiring an additional 39 shares during the period. Eads & Heald Wealth Management increased its position in Ecolab by 0.5% during the second quarter. Eads & Heald Wealth Management now owns 7,534 shares of the basic materials company’s stock worth $2,030,000 after acquiring an additional 39 shares during the period. Forum Financial Management LP increased its position in Ecolab by 2.8% during the first quarter. Forum Financial Management LP now owns 1,449 shares of the basic materials company’s stock worth $367,000 after acquiring an additional 40 shares during the period. Finally, Kirtland Hills Capital Management LLC increased its position in Ecolab by 2.0% during the first quarter. Kirtland Hills Capital Management LLC now owns 2,199 shares of the basic materials company’s stock worth $525,000 after acquiring an additional 43 shares during the period. Institutional investors own 74.91% of the company’s stock.

Insider Buying and Selling at Ecolab

In related news, Director David Maclennan acquired 600 shares of the business’s stock in a transaction on Wednesday, August 13th. The stock was bought at an average cost of $278.51 per share, with a total value of $167,106.00. Following the completion of the acquisition, the director owned 20,253 shares in the company, valued at $5,640,663.03. The trade was a 3.05% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Suzanne M. Vautrinot sold 1,354 shares of Ecolab stock in a transaction on Tuesday, August 19th. The shares were 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. The trade was a 10.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.04% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Raymond James Financial assumed coverage on shares of Ecolab in a research report on Tuesday, August 26th. They set a “market perform” rating on the stock. Baird R W upgraded shares of Ecolab from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 30th. BMO Capital Markets set a $307.00 price target on shares of Ecolab and gave the stock an “outperform” rating in a research note on Thursday. UBS Group decreased their price target on shares of Ecolab from $299.00 to $291.00 and set a “neutral” rating on the stock in a research note on Friday. Finally, Stifel Nicolaus decreased their price target on shares of Ecolab from $303.00 to $300.00 and set a “buy” rating on the stock in a research note on Wednesday. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $294.77.

Get Our Latest Research Report on ECL

Ecolab Stock Down 0.2%

Shares of NYSE ECL opened at $256.51 on Friday. The stock has a market cap of $72.75 billion, a PE ratio of 36.85, a PEG ratio of 2.65 and a beta of 1.09. The business has a fifty day moving average of $272.43 and a two-hundred day moving average of $266.21. Ecolab Inc. has a 52-week low of $221.62 and a 52-week high of $286.04. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.12 and a current ratio of 1.70.

Ecolab (NYSE:ECL – Get Free Report) last issued its quarterly earnings data on Tuesday, October 28th. The basic materials company reported $2.07 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.07. The company had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.12 billion. Ecolab had a return on equity of 22.55% and a net margin of 12.49%.The business’s revenue was up 4.2% on a year-over-year basis. During the same period last year, the business earned $2.57 earnings per share. Ecolab has set its Q4 2025 guidance at 2.020-2.120 EPS. FY 2025 guidance at 7.480-7.580 EPS. As a group, equities research analysts expect that Ecolab Inc. will post 7.54 earnings per share for the current fiscal year.

Ecolab Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 16th were issued a dividend of $0.65 per share. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.0%. Ecolab’s dividend payout ratio (DPR) is presently 37.36%.

About Ecolab

(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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