King Luther Capital Management Corp Acquires 6,341 Shares of Ecolab Inc. $ECL

King Luther Capital Management Corp grew its holdings in shares of Ecolab Inc. (NYSE:ECLFree Report) by 0.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 933,077 shares of the basic materials company’s stock after acquiring an additional 6,341 shares during the period. Ecolab makes up approximately 1.0% of King Luther Capital Management Corp’s portfolio, making the stock its 22nd largest holding. King Luther Capital Management Corp’s holdings in Ecolab were worth $244,951,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in ECL. Brighton Jones LLC increased its position in Ecolab by 164.7% during the 4th quarter. Brighton Jones LLC now owns 3,700 shares of the basic materials company’s stock valued at $867,000 after buying an additional 2,302 shares in the last quarter. Sivia Capital Partners LLC grew its stake in shares of Ecolab by 39.8% in the second quarter. Sivia Capital Partners LLC now owns 1,384 shares of the basic materials company’s stock worth $373,000 after acquiring an additional 394 shares during the last quarter. Schnieders Capital Management LLC. increased its holdings in shares of Ecolab by 22.9% during the second quarter. Schnieders Capital Management LLC. now owns 1,166 shares of the basic materials company’s stock valued at $314,000 after acquiring an additional 217 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of Ecolab by 0.8% in the 2nd quarter. NewEdge Advisors LLC now owns 21,096 shares of the basic materials company’s stock worth $5,684,000 after purchasing an additional 171 shares during the last quarter. Finally, CIBC Asset Management Inc grew its position in Ecolab by 49.4% during the 2nd quarter. CIBC Asset Management Inc now owns 58,421 shares of the basic materials company’s stock valued at $15,741,000 after purchasing an additional 19,324 shares during the last quarter. Hedge funds and other institutional investors own 74.91% of the company’s stock.

Ecolab Price Performance

Shares of NYSE:ECL opened at $254.08 on Wednesday. The company has a quick ratio of 0.73, a current ratio of 0.99 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $71.51 billion, a PE ratio of 34.38, a price-to-earnings-growth ratio of 2.10 and a beta of 0.92. The firm’s 50 day moving average price is $262.50 and its 200-day moving average price is $271.41. Ecolab Inc. has a twelve month low of $243.15 and a twelve month high of $309.27.

Ecolab (NYSE:ECLGet Free Report) last announced its earnings results on Tuesday, April 28th. The basic materials company reported $1.70 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.70. Ecolab had a net margin of 12.80% and a return on equity of 22.64%. The company had revenue of $4.07 billion during the quarter, compared to analyst estimates of $4.03 billion. During the same period in the previous year, the business posted $1.50 earnings per share. The firm’s quarterly revenue was up 10.0% compared to the same quarter last year. 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 expect that Ecolab Inc. will post 8.47 EPS for the current year.

Ecolab Announces Dividend

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

Insider Buying and Selling

In related news, Director David Maclennan bought 1,000 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were bought at an average cost of $250.65 per share, for a total transaction of $250,650.00. Following the completion of the transaction, the director owned 25,230 shares of the company’s stock, valued at approximately $6,323,899.50. This trade represents a 4.13% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on ECL shares. Royal Bank Of Canada reiterated an “outperform” rating and issued a $337.00 target price on shares of Ecolab in a research note on Tuesday, May 19th. BMO Capital Markets increased their target price on Ecolab from $323.00 to $345.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. 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. Evercore reiterated an “outperform” rating and issued a $312.00 price objective on shares of Ecolab in a report on Wednesday, February 18th. Finally, JPMorgan Chase & Co. upgraded shares of Ecolab from a “neutral” rating to an “overweight” rating and set a $295.00 price target for the company in a research note on Tuesday, March 24th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $322.53.

Check Out Our Latest Stock Report on ECL

About Ecolab

(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.

Further Reading

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Institutional Ownership by Quarter for Ecolab (NYSE:ECL)

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