OFI Invest Asset Management raised its holdings in shares of Ecolab Inc. (NYSE:ECL – Free Report) by 120.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,177 shares of the basic materials company’s stock after acquiring an additional 7,736 shares during the quarter. OFI Invest Asset Management’s holdings in Ecolab were worth $3,722,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Robeco Institutional Asset Management B.V. grew its stake in shares of Ecolab by 64.5% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 878,829 shares of the basic materials company’s stock worth $240,676,000 after acquiring an additional 344,541 shares in the last quarter. Adams Diversified Equity Fund Inc. boosted its holdings in shares of Ecolab by 25.8% in the 3rd quarter. Adams Diversified Equity Fund Inc. now owns 72,200 shares of the basic materials company’s stock valued at $19,773,000 after buying an additional 14,800 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Ecolab by 20.5% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 66,656 shares of the basic materials company’s stock valued at $18,254,000 after buying an additional 11,322 shares during the last quarter. ABN Amro Investment Solutions boosted its holdings in shares of Ecolab by 19.9% in the 3rd quarter. ABN Amro Investment Solutions now owns 83,379 shares of the basic materials company’s stock valued at $22,834,000 after buying an additional 13,840 shares during the last quarter. Finally, McKinley Carter Wealth Services Inc. boosted its holdings in shares of Ecolab by 162.4% in the 3rd quarter. McKinley Carter Wealth Services Inc. now owns 5,364 shares of the basic materials company’s stock valued at $1,469,000 after buying an additional 3,320 shares during the last quarter. 74.91% of the stock is owned by institutional investors.
Insiders Place Their Bets
In related news, CEO Christophe Beck sold 20,000 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $307.37, for a total value of $6,147,400.00. Following the transaction, the chief executive officer owned 90,794 shares in the company, valued at approximately $27,907,351.78. This trade represents a 18.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Tracy B. Mckibben sold 1,265 shares of the firm’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $308.66, for a total value of $390,454.90. Following the completion of the transaction, the director owned 11,358 shares in the company, valued at $3,505,760.28. The trade was a 10.02% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.50% of the stock is currently owned by company insiders.
Ecolab Stock Down 0.4%
Ecolab (NYSE:ECL – Get Free Report) last posted its earnings results on Tuesday, February 10th. The basic materials company reported $2.08 earnings per share for the quarter, topping analysts’ consensus estimates of $2.07 by $0.01. Ecolab had a return on equity of 22.73% and a net margin of 12.91%.The company had revenue of $4.19 billion during the quarter, compared to the consensus estimate of $4.20 billion. During the same quarter last year, the firm earned $1.81 earnings per share. The company’s revenue was up 4.8% on a year-over-year basis. Ecolab has set its FY 2026 guidance at 8.430-8.630 EPS and its Q1 2026 guidance at 1.670-1.730 EPS. On average, equities analysts expect that Ecolab Inc. will post 7.54 EPS for the current year.
Ecolab Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 17th will be given a $0.73 dividend. The ex-dividend date is Tuesday, March 17th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.1%. Ecolab’s dividend payout ratio (DPR) is presently 40.11%.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on the company. Evercore reissued an “outperform” rating and issued a $312.00 price objective on shares of Ecolab in a report on Wednesday, February 18th. Mizuho set a $335.00 price objective on Ecolab in a report on Wednesday, February 11th. Berenberg Bank raised Ecolab from a “hold” rating to a “buy” rating and set a $326.00 price objective for the company in a report on Monday, March 16th. Wells Fargo & Company cut their price objective on Ecolab from $310.00 to $285.00 and set an “equal weight” rating for the company in a report on Wednesday, March 18th. Finally, Robert W. Baird cut their price objective on Ecolab from $320.00 to $296.00 and set an “outperform” rating for the company in a report on Tuesday, March 24th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $322.38.
View Our Latest Research Report on ECL
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.
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