Ecolab Inc. (NYSE:ECL) Shares Sold by Aua Capital Management LLC

Aua Capital Management LLC lessened its position in shares of Ecolab Inc. (NYSE:ECLFree Report) by 6.6% in the 1st quarter, HoldingsChannel reports. The fund owned 1,503 shares of the basic materials company’s stock after selling 107 shares during the period. Aua Capital Management LLC’s holdings in Ecolab were worth $347,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Ecolab in the 4th quarter valued at $365,420,000. Ameriprise Financial Inc. boosted its holdings in shares of Ecolab by 117.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,669,583 shares of the basic materials company’s stock valued at $282,185,000 after buying an additional 903,307 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of Ecolab by 19,062.1% in the 4th quarter. International Assets Investment Management LLC now owns 555,893 shares of the basic materials company’s stock valued at $110,261,000 after buying an additional 552,992 shares in the last quarter. Findlay Park Partners LLP acquired a new position in shares of Ecolab in the 4th quarter valued at $91,178,000. Finally, Vanguard Group Inc. raised its position in Ecolab by 1.7% in the 3rd quarter. Vanguard Group Inc. now owns 22,877,417 shares of the basic materials company’s stock valued at $3,875,434,000 after purchasing an additional 387,545 shares during the last quarter. Institutional investors and hedge funds own 74.91% of the company’s stock.

Insider Transactions at Ecolab

In related news, Director Arthur J. Higgins sold 4,500 shares of the firm’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $227.52, for a total value of $1,023,840.00. Following the transaction, the director now owns 25,548 shares in the company, valued at $5,812,680.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, Director David Maclennan purchased 650 shares of the firm’s stock in a transaction dated Friday, May 3rd. The stock was acquired at an average price of $227.37 per share, with a total value of $147,790.50. Following the completion of the transaction, the director now owns 17,111 shares of the company’s stock, valued at $3,890,528.07. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Arthur J. Higgins sold 4,500 shares of the firm’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $227.52, for a total transaction of $1,023,840.00. Following the sale, the director now directly owns 25,548 shares of the company’s stock, valued at approximately $5,812,680.96. The disclosure for this sale can be found here. Insiders own 0.04% of the company’s stock.

Ecolab Trading Up 0.0 %

Shares of ECL stock traded up $0.10 during trading hours on Friday, hitting $243.99. 3,663,747 shares of the company were exchanged, compared to its average volume of 1,012,147. The firm has a market cap of $69.68 billion, a PE ratio of 45.18, a PEG ratio of 2.58 and a beta of 1.12. Ecolab Inc. has a 1 year low of $156.72 and a 1 year high of $245.73. The company has a quick ratio of 0.99, a current ratio of 1.41 and a debt-to-equity ratio of 0.92. The firm has a fifty day moving average of $231.56 and a 200 day moving average of $217.76.

Ecolab (NYSE:ECLGet Free Report) last announced its quarterly earnings data on Tuesday, April 30th. The basic materials company reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.01. The business had revenue of $3.75 billion for the quarter, compared to analyst estimates of $3.74 billion. Ecolab had a net margin of 10.01% and a return on equity of 20.56%. The company’s revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.88 EPS. Analysts expect that Ecolab Inc. will post 6.59 earnings per share for the current year.

Ecolab Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Tuesday, June 18th will be issued a dividend of $0.57 per share. The ex-dividend date is Tuesday, June 18th. This represents a $2.28 annualized dividend and a dividend yield of 0.93%. Ecolab’s payout ratio is currently 42.22%.

Wall Street Analyst Weigh In

ECL has been the subject of several research reports. BMO Capital Markets upped their price target on shares of Ecolab from $227.00 to $234.00 and gave the company a “market perform” rating in a research report on Wednesday, May 1st. Royal Bank of Canada reiterated an “outperform” rating and issued a $260.00 price target on shares of Ecolab in a research report on Thursday. Morgan Stanley upped their price objective on shares of Ecolab from $230.00 to $240.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 27th. UBS Group upped their price objective on shares of Ecolab from $269.00 to $270.00 and gave the stock a “buy” rating in a research report on Tuesday, May 21st. Finally, Barclays upgraded shares of Ecolab from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $225.00 to $260.00 in a report on Wednesday, February 28th. Eleven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Ecolab has a consensus rating of “Hold” and an average target price of $239.56.

Get Our Latest Analysis on ECL

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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Institutional Ownership by Quarter for Ecolab (NYSE:ECL)

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