Cullen Investment Group LTD. Has $1.56 Million Holdings in Ecolab Inc. $ECL

by · The Cerbat Gem

Cullen Investment Group LTD. grew its stake in Ecolab Inc. (NYSE:ECL – Free Report) by 77.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,776 shares of the basic materials company’s stock after buying an additional 2,521 shares during the quarter. Cullen Investment Group LTD.’s holdings in Ecolab were worth $1,556,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. AG2R LA Mondiale Gestion D Actifs acquired a new position in shares of Ecolab in the first quarter valued at approximately $2,640,000. Voya Investment Management LLC boosted its holdings in shares of Ecolab by 43.2% in the first quarter. Voya Investment Management LLC now owns 834,058 shares of the basic materials company’s stock valued at $211,450,000 after buying an additional 251,730 shares during the period. Maple Capital Management Inc. lifted its position in shares of Ecolab by 0.7% in the first quarter. Maple Capital Management Inc. now owns 46,251 shares of the basic materials company’s stock worth $11,726,000 after purchasing an additional 336 shares in the last quarter. Modern Wealth Management LLC bought a new stake in shares of Ecolab in the first quarter worth $284,000. Finally, Strs Ohio bought a new stake in shares of Ecolab in the first quarter worth $18,088,000. Institutional investors and hedge funds own 74.91% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on ECL. Oppenheimer raised shares of Ecolab to an “outperform” rating in a research report on Wednesday, July 30th. Mizuho boosted their price objective on shares of Ecolab from $285.00 to $305.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 15th. Raymond James Financial began coverage on shares of Ecolab in a research report on Tuesday, August 26th. They issued a “market perform” rating on the stock. BMO Capital Markets boosted their price objective on shares of Ecolab from $307.00 to $310.00 and gave the stock an “outperform” rating in a research report on Monday, September 8th. Finally, Wells Fargo & Company set a $260.00 price objective on shares of Ecolab and gave the stock an “equal weight” rating in a research report on Tuesday, May 20th. Three analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Ecolab presently has an average rating of “Moderate Buy” and an average target price of $292.00.

Read Our Latest Report on Ecolab

Insider Activity

In related news, Director David Maclennan acquired 600 shares of the company’s stock in a transaction dated Wednesday, August 13th. The shares were bought at an average cost of $278.51 per share, with a total value of $167,106.00. Following the completion of the transaction, the director directly owned 20,253 shares of the company’s stock, valued at $5,640,663.03. This trade represents a 3.05% increase in their ownership of the stock. The acquisition was disclosed in a filing 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 dated Tuesday, August 19th. The shares were sold at an average price of $283.16, for a total transaction of $383,398.64. Following the completion of the transaction, the director directly owned 11,199 shares in the company, valued at $3,171,108.84. The trade was a 10.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.04% of the company’s stock.

Ecolab Stock Performance

NYSE ECL opened at $272.74 on Friday. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 0.80. The firm’s fifty day moving average price is $272.57 and its two-hundred day moving average price is $261.41. Ecolab Inc. has a 1 year low of $221.62 and a 1 year high of $286.04. The firm has a market capitalization of $77.36 billion, a P/E ratio of 36.41, a price-to-earnings-growth ratio of 2.83 and a beta of 1.07.

Ecolab (NYSE:ECL – Get Free Report) last posted its quarterly earnings results 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 firm had revenue of $4.03 billion for the quarter, compared to the consensus estimate 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, research analysts anticipate that Ecolab Inc. will post 7.54 EPS for the current year.

Ecolab Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 16th will be given a $0.65 dividend. The ex-dividend date of this dividend is Tuesday, September 16th. This represents a $2.60 annualized dividend and a dividend yield of 1.0%. Ecolab’s dividend payout ratio is presently 34.71%.

Ecolab Company Profile

(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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