Ecolab (NYSE:ECL – Get Free Report) announced its quarterly earnings results on Tuesday. The basic materials company reported $2.09 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.01, FiscalAI reports. The company had revenue of $4.42 billion during the quarter, compared to the consensus estimate of $4.39 billion. Ecolab had a net margin of 12.80% and a return on equity of 22.64%. The firm’s quarterly revenue was up 9.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.89 earnings per share. Ecolab updated its Q3 2026 guidance to 2.130-2.230 EPS.
Ecolab Stock Up 0.9%
Shares of ECL opened at $271.19 on Tuesday. Ecolab has a 12-month low of $243.15 and a 12-month high of $309.27. 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 market capitalization of $76.32 billion, a PE ratio of 36.70, a price-to-earnings-growth ratio of 2.34 and a beta of 0.89. The business’s 50 day moving average is $267.06 and its 200 day moving average is $273.19.
Ecolab Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 16th were paid a $0.73 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.1%. Ecolab’s dividend payout ratio is 39.51%.
Insider Transactions at Ecolab
Institutional Investors Weigh In On Ecolab
A number of institutional investors and hedge funds have recently modified their holdings of ECL. Brighton Jones LLC increased its stake in Ecolab by 164.7% in the 4th quarter. Brighton Jones LLC now owns 3,700 shares of the basic materials company’s stock worth $867,000 after buying an additional 2,302 shares during the period. Schnieders Capital Management LLC. boosted its position in Ecolab by 22.9% in the 2nd quarter. Schnieders Capital Management LLC. now owns 1,166 shares of the basic materials company’s stock valued at $314,000 after buying an additional 217 shares during the period. Sivia Capital Partners LLC grew its stake in Ecolab by 39.8% in the 2nd 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 in the last quarter. Equitable Holdings Inc. increased its position in shares of Ecolab by 24.4% during the fourth quarter. Equitable Holdings Inc. now owns 1,268 shares of the basic materials company’s stock worth $333,000 after acquiring an additional 249 shares during the period. Finally, ICONIQ Capital LLC increased its position in shares of Ecolab by 18.9% during the second quarter. ICONIQ Capital LLC now owns 1,139 shares of the basic materials company’s stock worth $307,000 after acquiring an additional 181 shares during the period. 74.91% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on ECL. Citigroup upped their price target on Ecolab from $325.00 to $330.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. Zacks Research lowered Ecolab from a “hold” rating to a “strong sell” rating in a research report on Monday, July 20th. Bank of America upped their target price on shares of Ecolab from $337.00 to $345.00 and gave the company a “buy” rating in a research note on Tuesday, April 21st. Wells Fargo & Company raised their price target on shares of Ecolab from $260.00 to $275.00 and gave the company an “equal weight” rating in a report on Wednesday, June 10th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $337.00 price objective on shares of Ecolab in a report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Ecolab has a consensus rating of “Moderate Buy” and an average target price of $324.06.
View Our Latest Report on Ecolab
Ecolab Company Profile
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 Stories
- Five stocks we like better than Ecolab
- 5 AI Stocks Are Pulling Back—Which Growth Catalysts Still Look Strongest?
- Middleby Is Betting a Leaner Business Can Unlock More Value
- 3 Value ETFs to Consider as Growth Stocks Lag Behind
- Wintrust: A Quiet Regional Bank Posting Loud Results
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.
