Global Strategic Investment Solutions LLC Buys New Shares in Ecolab Inc. $ECL

Global Strategic Investment Solutions LLC acquired a new stake in shares of Ecolab Inc. (NYSE:ECLFree Report) in the second quarter, HoldingsChannel reports. The institutional investor acquired 2,213 shares of the basic materials company’s stock, valued at approximately $617,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wexford Capital LP purchased a new stake in shares of Ecolab in the third quarter worth $25,000. JPL Wealth Management LLC bought a new position in Ecolab in the 3rd quarter worth $26,000. Costello Asset Management INC purchased a new stake in Ecolab in the 1st quarter worth $27,000. Kemnay Advisory Services Inc. bought a new stake in Ecolab during the fourth quarter valued at about $27,000. Finally, J.Safra Asset Management Corp purchased a new position in shares of Ecolab in the second quarter valued at about $28,000. Institutional investors own 74.91% of the company’s stock.

Analyst Ratings Changes

ECL has been the subject of a number of research analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $337.00 price objective on shares of Ecolab in a report on Tuesday, July 7th. Citigroup upped their target price on shares of Ecolab from $325.00 to $330.00 and gave the stock a “buy” rating in a research report on Wednesday, June 24th. UBS Group reiterated a “buy” rating and issued a $342.00 price target on shares of Ecolab in a report on Wednesday, July 29th. Bank of America boosted their price target on shares of Ecolab from $337.00 to $345.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Finally, JPMorgan Chase & Co. increased their price objective on shares of Ecolab from $295.00 to $305.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $327.56.

Check Out Our Latest Stock Analysis on Ecolab

Ecolab Stock Performance

Shares of NYSE:ECL opened at $280.36 on Wednesday. The company has a current ratio of 1.84, a quick ratio of 1.57 and a debt-to-equity ratio of 1.18. Ecolab Inc. has a 12 month low of $243.15 and a 12 month high of $309.27. The company has a market capitalization of $78.59 billion, a price-to-earnings ratio of 37.63, a PEG ratio of 2.38 and a beta of 0.88. The firm’s 50-day moving average is $275.33 and its 200 day moving average is $273.66.

Ecolab (NYSE:ECLGet Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The basic materials company reported $2.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.08 by $0.01. The company had revenue of $4.42 billion during the quarter, compared to analysts’ expectations of $4.38 billion. Ecolab had a return on equity of 22.72% and a net margin of 12.57%.Ecolab’s revenue was up 9.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.89 EPS. Ecolab has set its Q3 2026 guidance at 2.130-2.230 EPS. Research analysts predict that Ecolab Inc. will post 8.17 EPS for the current year.

Ecolab Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 15th will be issued a $0.73 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.92 annualized dividend and a dividend yield of 1.0%. Ecolab’s payout ratio is currently 39.19%.

Insider Buying and Selling at Ecolab

In related news, COO Darrell R. Brown sold 10,000 shares of Ecolab stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $260.89, for a total transaction of $2,608,900.00. Following the transaction, the chief operating officer directly owned 32,733 shares of the company’s stock, valued at $8,539,712.37. This trade represents a 23.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Benjamin M. Clark purchased 1,000 shares of Ecolab stock in a transaction dated Thursday, June 11th. The stock was bought at an average cost of $263.83 per share, with a total value of $263,830.00. Following the completion of the transaction, the executive vice president owned 1,083 shares in the company, valued at approximately $285,727.89. This represents a 1,204.82% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.50% of the company’s stock.

Ecolab Company 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.

Featured Articles

Want to see what other hedge funds are holding ECL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ecolab Inc. (NYSE:ECLFree Report).

Institutional Ownership by Quarter for Ecolab (NYSE:ECL)

Receive News & Ratings for Ecolab Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ecolab and related companies with MarketBeat.com's FREE daily email newsletter.