Perfromance Wealth Partners LLC Sells 65 Shares of Ecolab Inc. $ECL

Perfromance Wealth Partners LLC decreased its holdings in shares of Ecolab Inc. (NYSE:ECL) by 2.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,035 shares of the basic materials company’s stock after selling 65 shares during the quarter. Perfromance Wealth Partners LLC’s holdings in Ecolab were worth $818,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of ECL. Nuveen LLC acquired a new stake in shares of Ecolab in the first quarter worth about $337,563,000. Vontobel Holding Ltd. raised its stake in shares of Ecolab by 119.7% in the 2nd quarter. Vontobel Holding Ltd. now owns 2,036,339 shares of the basic materials company’s stock valued at $548,671,000 after acquiring an additional 1,109,585 shares in the last quarter. Auto Owners Insurance Co lifted its holdings in Ecolab by 27,677.8% in the 1st quarter. Auto Owners Insurance Co now owns 1,000,000 shares of the basic materials company’s stock worth $253,520,000 after purchasing an additional 996,400 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in Ecolab by 79.6% during the first quarter. Envestnet Asset Management Inc. now owns 1,260,813 shares of the basic materials company’s stock worth $319,641,000 after purchasing an additional 558,947 shares during the period. Finally, OVERSEA CHINESE BANKING Corp Ltd grew its holdings in Ecolab by 199.6% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 434,598 shares of the basic materials company’s stock valued at $110,179,000 after purchasing an additional 289,556 shares during the last quarter. Institutional investors and hedge funds own 74.91% of the company’s stock.

Ecolab Stock Performance

NYSE:ECL opened at $270.16 on Tuesday. The firm’s 50-day moving average is $274.17 and its 200-day moving average is $263.26. The company has a market cap of $76.62 billion, a price-to-earnings ratio of 36.07, a PEG ratio of 2.80 and a beta of 1.09. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.12 and a current ratio of 1.44. Ecolab Inc. has a 52-week low of $221.62 and a 52-week high of $286.04.

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

Ecolab Announces Dividend

The company also recently disclosed 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. The ex-dividend date is Tuesday, September 16th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.0%. Ecolab’s payout ratio is currently 34.71%.

Analysts Set New Price Targets

ECL has been the subject of several recent analyst reports. Robert W. Baird upped their price objective on shares of Ecolab from $300.00 to $306.00 and gave the stock an “outperform” rating in a report on Friday, September 5th. Oppenheimer raised shares of Ecolab to an “outperform” rating in a research report on Wednesday, July 30th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ecolab in a research report on Wednesday, October 8th. Baird R W upgraded Ecolab from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 30th. Finally, BMO Capital Markets increased their target price on Ecolab from $307.00 to $310.00 and gave the company an “outperform” rating in a research note on Monday, September 8th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $292.29.

Insider Activity at Ecolab

In other news, SVP Jennifer J. Bradway sold 807 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $279.28, for a total transaction of $225,378.96. Following the completion of the transaction, the senior vice president directly owned 4,326 shares of the company’s stock, valued at approximately $1,208,165.28. This trade represents a 15.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director David Maclennan bought 600 shares of the firm’s stock in a transaction dated Wednesday, August 13th. The shares were acquired at an average price of $278.51 per share, for a total transaction of $167,106.00. Following the completion of the transaction, the director owned 20,253 shares in the company, valued at $5,640,663.03. This represents a 3.05% increase in their position. The disclosure for this purchase can be found here. 0.50% of the stock is currently owned by corporate insiders.

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.