Oppenheimer upgraded shares of Ecolab (NYSE:ECL – Free Report) from a market perform rating to an outperform rating in a research note published on Friday morning, Marketbeat.com reports. The firm currently has $320.00 target price on the basic materials company’s stock.
Other equities research analysts have also issued reports about the company. Wells Fargo & Company upped their price objective on Ecolab from $260.00 to $275.00 and gave the stock an “equal weight” rating in a research note on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft lifted their target price on Ecolab from $325.00 to $335.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Bank of America upped their price target on Ecolab from $337.00 to $345.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. UBS Group raised Ecolab from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $293.00 to $325.00 in a research note on Wednesday, May 27th. Finally, JPMorgan Chase & Co. raised Ecolab from a “neutral” rating to an “overweight” rating and set a $295.00 price objective on the stock in a research report on Tuesday, March 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $324.06.
Ecolab Stock Performance
Ecolab (NYSE:ECL – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The basic materials company reported $1.70 earnings per share for the quarter, hitting the consensus estimate of $1.70. The business had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $4.03 billion. Ecolab had a net margin of 12.80% and a return on equity of 22.64%. The company’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period last year, the firm earned $1.50 earnings per share. Ecolab has set its FY 2026 guidance at 8.430-8.630 EPS and its Q2 2026 guidance at 2.020-2.120 EPS. On average, research analysts anticipate that Ecolab will post 8.13 earnings per share for the current year.
Ecolab Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 16th were issued a $0.73 dividend. The ex-dividend date of this dividend was Tuesday, June 16th. This represents a $2.92 annualized dividend and a yield of 1.1%. Ecolab’s dividend payout ratio is currently 39.51%.
Insiders Place Their Bets
In other news, Director Suzanne M. Vautrinot sold 1,004 shares of the company’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $264.98, for a total value of $266,039.92. Following the completion of the transaction, the director owned 11,651 shares of the company’s stock, valued at $3,087,281.98. This represents a 7.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Benjamin M. Clark bought 1,000 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The shares were acquired at an average price of $263.83 per share, with a total value of $263,830.00. Following the transaction, the executive vice president directly owned 1,083 shares of the company’s stock, valued at $285,727.89. This represents a 1,204.82% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 10,550 shares of company stock worth $2,719,508 in the last three months. 0.50% of the stock is owned by company insiders.
Institutional Trading of Ecolab
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Turtle Creek Wealth Advisors LLC increased its position in shares of Ecolab by 3.6% in the 4th quarter. Turtle Creek Wealth Advisors LLC now owns 1,028 shares of the basic materials company’s stock valued at $270,000 after acquiring an additional 36 shares during the period. HBK Sorce Advisory LLC grew its stake in Ecolab by 2.7% during the 4th quarter. HBK Sorce Advisory LLC now owns 1,362 shares of the basic materials company’s stock valued at $395,000 after purchasing an additional 36 shares during the last quarter. Steigerwald Gordon & Koch Inc. raised its stake in shares of Ecolab by 22.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 211 shares of the basic materials company’s stock worth $55,000 after purchasing an additional 38 shares during the last quarter. Addison Advisors LLC lifted its holdings in shares of Ecolab by 5.2% during the fourth quarter. Addison Advisors LLC now owns 764 shares of the basic materials company’s stock worth $201,000 after purchasing an additional 38 shares during the period. Finally, CYBER HORNET ETFs LLC boosted its position in Ecolab by 5.5% in the fourth quarter. CYBER HORNET ETFs LLC now owns 730 shares of the basic materials company’s stock valued at $192,000 after buying an additional 38 shares during the last quarter. Institutional investors own 74.91% of the company’s stock.
About Ecolab
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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