Ecolab Inc. (NYSE:ECL - Get Free Report) EVP Benjamin Clark acquired 1,000 shares of Ecolab stock in a transaction dated Thursday, June 11th. The stock was purchased at an average price of $263.83 per share, for a total transaction of $263,830.00. Following the completion of the acquisition, the executive vice president directly owned 1,083 shares in the company, valued at approximately $285,727.89. This represents a 1,204.82% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Ecolab Price Performance
Shares of ECL opened at $268.88 on Tuesday. Ecolab Inc. has a twelve month low of $243.15 and a twelve month high of $309.27. The firm's fifty day simple moving average is $261.07 and its 200-day simple moving average is $271.26. The firm has a market capitalization of $75.67 billion, a price-to-earnings ratio of 36.38, a PEG ratio of 2.20 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.
Ecolab (NYSE:ECL - Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The basic materials company reported $1.70 earnings per share for the quarter, meeting analysts' consensus estimates of $1.70. Ecolab had a net margin of 12.80% and a return on equity of 22.64%. The business had revenue of $4.07 billion for the quarter, compared to analyst estimates of $4.03 billion. During the same period last year, the business earned $1.50 EPS. The company's 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 analysts forecast that Ecolab Inc. will post 8.47 EPS for the current fiscal year.
Ecolab Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders 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 dividend yield of 1.1%. The ex-dividend date is Tuesday, June 16th. Ecolab's dividend payout ratio (DPR) is presently 39.51%.
Wall Street Analysts Forecast Growth
ECL has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft upgraded shares of Ecolab from a "hold" rating to a "buy" rating and set a $325.00 price objective on the stock in a report on Monday, April 20th. Citigroup cut their price target on shares of Ecolab from $330.00 to $325.00 and set a "buy" rating on the stock in a research note on Thursday, April 30th. Robert W. Baird cut their price target on shares of Ecolab from $320.00 to $296.00 and set an "outperform" rating on the stock in a research note on Tuesday, March 24th. Evercore reiterated an "outperform" rating and set a $312.00 price target on shares of Ecolab in a research note on Wednesday, February 18th. Finally, Jefferies Financial Group cut their price target on shares of Ecolab from $352.00 to $345.00 and set a "buy" rating on the stock in a research note on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $323.41.
View Our Latest Research Report on Ecolab
Institutional Investors Weigh In On Ecolab
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC increased its stake in Ecolab by 164.7% in the fourth quarter. Brighton Jones LLC now owns 3,700 shares of the basic materials company's stock valued at $867,000 after purchasing an additional 2,302 shares during the period. Sivia Capital Partners LLC increased its stake in Ecolab by 39.8% in the second quarter. Sivia Capital Partners LLC now owns 1,384 shares of the basic materials company's stock valued at $373,000 after purchasing an additional 394 shares during the period. Schnieders Capital Management LLC. increased its stake in Ecolab by 22.9% in the second quarter. Schnieders Capital Management LLC. now owns 1,166 shares of the basic materials company's stock valued at $314,000 after purchasing an additional 217 shares during the period. NewEdge Advisors LLC increased its stake in Ecolab by 0.8% in the second quarter. NewEdge Advisors LLC now owns 21,096 shares of the basic materials company's stock valued at $5,684,000 after purchasing an additional 171 shares during the period. Finally, CIBC Asset Management Inc increased its stake in Ecolab by 49.4% in the second 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 period. 74.91% of the stock is currently owned by institutional investors and hedge funds.
About Ecolab
(
Get 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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