Ecolab (NYSE:ECL) Shares Acquired Rep. Jefferson Shreve

Representative Jefferson Shreve (R-Indiana) recently bought shares of Ecolab Inc. (NYSE:ECL). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $100,001 and $250,000 in Ecolab stock on April 7th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 – $100,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 4/17/2025.
• Purchased $50,001 – $100,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Caterpillar (NYSE:CAT) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Lululemon Athletica (NASDAQ:LULU) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Western Digital (NASDAQ:WDC) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Zoetis (NYSE:ZTS) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Ross Stores (NASDAQ:ROST) on 4/17/2025.

Ecolab Price Performance

NYSE ECL opened at $254.17 on Tuesday. The company has a 50-day moving average price of $247.07 and a 200-day moving average price of $247.55. The company has a quick ratio of 0.95, a current ratio of 1.26 and a debt-to-equity ratio of 0.79. The firm has a market capitalization of $72.09 billion, a P/E ratio of 34.44, a PEG ratio of 2.57 and a beta of 1.05. Ecolab Inc. has a 52 week low of $220.96 and a 52 week high of $273.69.

Ecolab (NYSE:ECL) last issued its quarterly earnings results on Tuesday, April 29th. The basic materials company reported $1.50 earnings per share for the quarter, hitting the consensus estimate of $1.50. Ecolab had a net margin of 13.42% and a return on equity of 22.50%. The business had revenue of $3.70 billion for the quarter, compared to analysts’ expectations of $3.71 billion. During the same quarter last year, the company posted $1.34 EPS. The company’s revenue was down 1.5% compared to the same quarter last year. Equities research analysts anticipate that Ecolab Inc. will post 7.54 earnings per share for the current year.

Ecolab Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, June 17th will be issued a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 1.02%. The ex-dividend date is Tuesday, June 17th. Ecolab’s payout ratio is currently 35.33%.

Insider Buying and Selling at Ecolab

In related news, Director David Maclennan purchased 400 shares of the firm’s stock in a transaction that occurred on Thursday, February 13th. The shares were bought at an average price of $264.51 per share, for a total transaction of $105,804.00. Following the acquisition, the director now owns 18,767 shares of the company’s stock, valued at approximately $4,964,059.17. This represents a 2.18% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Larry L. Berger sold 10,858 shares of Ecolab stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $266.95, for a total transaction of $2,898,543.10. Following the transaction, the executive vice president now directly owns 15,744 shares of the company’s stock, valued at $4,202,860.80. The trade was a 40.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 17,435 shares of company stock worth $4,637,985 over the last ninety days. Company insiders own 0.04% of the company’s stock.

Institutional Trading of Ecolab

Hedge funds have recently modified their holdings of the company. Creative Financial Designs Inc. ADV lifted its position in Ecolab by 134.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 108 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 62 shares during the last quarter. Graney & King LLC purchased a new stake in shares of Ecolab during the 4th quarter valued at about $26,000. Midwest Capital Advisors LLC bought a new position in shares of Ecolab in the 4th quarter valued at about $28,000. Dunhill Financial LLC grew its position in Ecolab by 176.7% in the first quarter. Dunhill Financial LLC now owns 119 shares of the basic materials company’s stock worth $30,000 after acquiring an additional 76 shares in the last quarter. Finally, Navigoe LLC bought a new stake in Ecolab during the fourth quarter worth approximately $31,000. 74.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Argus raised Ecolab to a “strong-buy” rating in a research note on Wednesday, February 12th. Mizuho decreased their target price on shares of Ecolab from $302.00 to $285.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 15th. BMO Capital Markets increased their price objective on shares of Ecolab from $295.00 to $305.00 and gave the stock an “outperform” rating in a research note on Monday, March 3rd. Morgan Stanley upgraded shares of Ecolab from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $263.00 to $280.00 in a research report on Tuesday, January 28th. Finally, Seaport Res Ptn raised shares of Ecolab from a “hold” rating to a “strong-buy” rating in a report on Monday, April 21st. Five analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $282.47.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About Ecolab

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.