Corient Private Wealth LLC Raises Position in Ecolab Inc. $ECL

by · The Markets Daily

Corient Private Wealth LLC increased its holdings in shares of Ecolab Inc. (NYSE:ECL – Free Report) by 22.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,096,726 shares of the basic materials company’s stock after purchasing an additional 201,519 shares during the quarter. Corient Private Wealth LLC’s holdings in Ecolab were worth $287,913,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in ECL. Wexford Capital LP acquired a new position in Ecolab during the third quarter worth approximately $25,000. JPL Wealth Management LLC acquired a new position in shares of Ecolab in the 3rd quarter valued at $26,000. Kemnay Advisory Services Inc. acquired a new position in shares of Ecolab in the 4th quarter valued at $27,000. Meeder Asset Management Inc. purchased a new stake in shares of Ecolab during the 4th quarter valued at $29,000. Finally, Tradewinds Capital Management LLC increased its holdings in shares of Ecolab by 1,375.0% during the 4th quarter. Tradewinds Capital Management LLC now owns 118 shares of the basic materials company’s stock worth $31,000 after buying an additional 110 shares during the last quarter. 74.91% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Michel D. Doukeris acquired 7,750 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were bought at an average price of $258.00 per share, for a total transaction of $1,999,500.00. Following the completion of the purchase, the director directly owned 8,326 shares of the company’s stock, valued at approximately $2,148,108. This trade represents a 1,345.49% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Benjamin M. Clark bought 1,000 shares of Ecolab stock in a transaction dated Thursday, June 11th. The shares were purchased at an average cost of $263.83 per share, for a total transaction of $263,830.00. Following the completion of the transaction, the executive vice president owned 1,083 shares of the company’s stock, valued at approximately $285,727.89. This represents a 1,204.82% increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired 10,550 shares of company stock valued at $2,719,508 over the last three months. Company insiders own 0.50% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on ECL shares. Bank of America increased their target price on Ecolab from $337.00 to $345.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Berenberg Bank upgraded Ecolab from a “hold” rating to a “buy” rating and set a $326.00 price target for the company in a research note on Monday, March 16th. Weiss Ratings downgraded Ecolab from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 20th. JPMorgan Chase & Co. upgraded Ecolab from a “neutral” rating to an “overweight” rating and set a $295.00 target price for the company in a report on Tuesday, March 24th. Finally, Jefferies Financial Group dropped their target price on shares of Ecolab from $352.00 to $345.00 and set a “buy” rating for the company in a research report on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $323.41.

Read Our Latest Stock Report on Ecolab

Ecolab Stock Up 0.2%

Shares of Ecolab stock opened at $269.71 on Friday. Ecolab Inc. has a twelve month low of $243.15 and a twelve month high of $309.27. The stock has a market cap of $75.91 billion, a price-to-earnings ratio of 36.50, a price-to-earnings-growth ratio of 2.23 and a beta of 0.90. The company has a current ratio of 0.99, a quick ratio of 0.73 and a debt-to-equity ratio of 0.69. The company has a fifty day moving average price of $261.47 and a 200 day moving average price of $271.17.

Ecolab (NYSE:ECL – Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The basic materials company reported $1.70 EPS for the quarter, hitting analysts’ consensus estimates of $1.70. Ecolab had a return on equity of 22.64% and a net margin of 12.80%.The company had revenue of $4.07 billion for the quarter, compared to analysts’ expectations of $4.03 billion. During the same quarter in the previous year, the firm posted $1.50 earnings per share. The firm’s quarterly revenue was up 10.0% on a year-over-year basis. Ecolab has set its FY 2026 guidance at 8.430-8.630 EPS and its Q2 2026 guidance at 2.020-2.120 EPS. Equities research analysts forecast that Ecolab Inc. will post 8.47 earnings per share for the current fiscal year.

Ecolab Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 16th will be issued a $0.73 dividend. This represents a $2.92 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Tuesday, June 16th. Ecolab’s dividend payout ratio is currently 39.51%.

Ecolab Profile

(Free Report)

Ecolab, Inc is a global provider of water, hygiene and infection prevention solutions and services. The company develops and supplies cleaning and sanitizing chemicals, dispensing equipment, water-treatment systems, pest elimination services and related technologies designed to help businesses maintain clean, safe and efficient operations. Its offerings span both products and onsite services, often paired with technical support and training.

Ecolab serves a broad range of end markets including hospitality and foodservice, food and beverage processing, healthcare, manufacturing and industrial operations, and energy and utilities.

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