Belpointe Asset Management LLC Has $711,000 Stock Holdings in Ecolab Inc. $ECL

Belpointe Asset Management LLC lessened its holdings in shares of Ecolab Inc. (NYSE:ECLFree Report) by 5.0% during the 2nd quarter, HoldingsChannel reports. The firm owned 2,640 shares of the basic materials company’s stock after selling 138 shares during the period. Belpointe Asset Management LLC’s holdings in Ecolab were worth $711,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Saudi Central Bank bought a new position in shares of Ecolab during the 1st quarter valued at about $25,000. Dunhill Financial LLC raised its position in Ecolab by 176.7% in the 1st quarter. Dunhill Financial LLC now owns 119 shares of the basic materials company’s stock valued at $30,000 after buying an additional 76 shares during the last quarter. Ridgewood Investments LLC raised its position in Ecolab by 70.6% in the 1st quarter. Ridgewood Investments LLC now owns 145 shares of the basic materials company’s stock valued at $37,000 after buying an additional 60 shares during the last quarter. City Holding Co. acquired a new stake in Ecolab in the 1st quarter valued at approximately $39,000. Finally, Olde Wealth Management LLC acquired a new stake in Ecolab in the 1st quarter valued at approximately $38,000. Institutional investors own 74.91% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on ECL. BMO Capital Markets boosted their price target on Ecolab from $307.00 to $310.00 and gave the stock an “outperform” rating in a research report on Monday, September 8th. Robert W. Baird boosted their price target on Ecolab from $300.00 to $306.00 and gave the stock an “outperform” rating in a research report on Friday, September 5th. Mizuho boosted their price target on Ecolab from $285.00 to $305.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 15th. Weiss Ratings reissued a “buy (b)” rating on shares of Ecolab in a report on Wednesday. Finally, UBS Group boosted their target price on Ecolab from $295.00 to $299.00 and gave the stock a “neutral” rating in a report on Monday. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $292.29.

Read Our Latest Stock Report on Ecolab

Ecolab Stock Performance

ECL opened at $281.35 on Thursday. The business has a fifty day simple moving average of $273.62 and a 200 day simple moving average of $262.69. The company has a market capitalization of $79.80 billion, a PE ratio of 37.56, a price-to-earnings-growth ratio of 2.87 and a beta of 1.09. Ecolab Inc. has a 1 year low of $221.62 and a 1 year high of $286.04. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.44 and a quick ratio of 1.12.

Ecolab (NYSE:ECLGet Free Report) last released its quarterly earnings results on Tuesday, July 29th. The basic materials company reported $1.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.90 by ($0.01). The firm had revenue of $4.03 billion during the quarter, compared to the consensus estimate of $4.03 billion. Ecolab had a net margin of 13.59% and a return on equity of 22.52%. Ecolab has set its Q3 2025 guidance at 2.020-2.120 EPS. FY 2025 guidance at 7.420-7.620 EPS. Research analysts expect that Ecolab Inc. will post 7.54 EPS for the current year.

Ecolab Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 16th will be given a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Tuesday, September 16th. Ecolab’s dividend payout ratio is presently 34.71%.

Insider Activity

In other news, SVP Jennifer J. Bradway sold 807 shares of the company’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $279.28, for a total transaction of $225,378.96. Following the completion of the sale, the senior vice president directly owned 4,326 shares in the company, valued at approximately $1,208,165.28. This represents a 15.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director David Maclennan bought 600 shares of the business’s stock in a transaction dated Wednesday, August 13th. The shares were bought at an average price of $278.51 per share, with a total value of $167,106.00. Following the completion of the transaction, the director owned 20,253 shares in the company, valued at approximately $5,640,663.03. This trade represents a 3.05% increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 0.04% of the company’s stock.

Ecolab Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Ecolab (NYSE:ECL)

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