Ecolab Inc. $ECL Stock Position Cut by Frank Rimerman Advisors LLC

Frank Rimerman Advisors LLC trimmed its stake in shares of Ecolab Inc. (NYSE:ECL) by 14.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,012 shares of the basic materials company’s stock after selling 350 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in Ecolab were worth $542,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Nemes Rush Group LLC grew its holdings in Ecolab by 6.6% during the first quarter. Nemes Rush Group LLC now owns 42,899 shares of the basic materials company’s stock worth $10,876,000 after acquiring an additional 2,651 shares during the period. University of Texas Texas AM Investment Management Co. lifted its holdings in Ecolab by 32.4% in the 1st quarter. University of Texas Texas AM Investment Management Co. now owns 14,005 shares of the basic materials company’s stock valued at $3,551,000 after acquiring an additional 3,428 shares during the last quarter. Mirabaud & Cie SA boosted its position in shares of Ecolab by 1.1% during the 1st quarter. Mirabaud & Cie SA now owns 5,092 shares of the basic materials company’s stock valued at $1,291,000 after purchasing an additional 55 shares in the last quarter. Modern Wealth Management LLC acquired a new position in shares of Ecolab in the 1st quarter worth approximately $284,000. Finally, Zurich Insurance Group Ltd FI raised its holdings in shares of Ecolab by 1,189.2% in the 1st quarter. Zurich Insurance Group Ltd FI now owns 144,392 shares of the basic materials company’s stock worth $36,606,000 after purchasing an additional 133,192 shares in the last quarter. 74.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Ecolab

In other news, CEO Christophe Beck sold 21,714 shares of the stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $261.41, for a total value of $5,676,256.74. Following the completion of the sale, the chief executive officer directly owned 72,644 shares of the company’s stock, valued at $18,989,868.04. This represents a 23.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.50% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages recently weighed in on ECL. Oppenheimer upgraded shares of Ecolab to an “outperform” rating in a report on Wednesday, July 30th. Baird R W raised Ecolab from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 30th. Barclays lifted their target price on Ecolab from $275.00 to $300.00 and gave the stock an “overweight” rating in a report on Wednesday, October 29th. Evercore ISI raised Ecolab from an “in-line” rating to an “outperform” rating and upped their target price for the company from $265.00 to $300.00 in a report on Monday, November 3rd. Finally, UBS Group decreased their price target on Ecolab from $299.00 to $291.00 and set a “neutral” rating for the company in a research report on Friday, October 31st. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $295.14.

Ecolab Price Performance

ECL opened at $261.49 on Thursday. The firm has a market capitalization of $74.06 billion, a P/E ratio of 37.57, a PEG ratio of 2.65 and a beta of 1.07. The stock has a fifty day moving average of $267.91 and a 200-day moving average of $267.91. The company has a quick ratio of 1.12, a current ratio of 1.70 and a debt-to-equity ratio of 0.83. Ecolab Inc. has a 12-month low of $221.62 and a 12-month high of $286.04.

Ecolab (NYSE:ECL) last issued its quarterly earnings results on Tuesday, October 28th. The basic materials company reported $2.07 earnings per share for the quarter, meeting analysts’ consensus estimates of $2.07. The business had revenue of $4.17 billion for the quarter, compared to the consensus estimate of $4.12 billion. Ecolab had a return on equity of 22.55% and a net margin of 12.49%.Ecolab’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.57 earnings per share. Ecolab has set its Q4 2025 guidance at 2.020-2.120 EPS. FY 2025 guidance at 7.480-7.580 EPS. Equities analysts forecast that Ecolab Inc. will post 7.54 EPS for the current fiscal year.

Ecolab Company Profile

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.