Texas Capital Bank Wealth Management Services Inc Makes New $598,000 Investment in Ecolab Inc. $ECL

Texas Capital Bank Wealth Management Services Inc purchased a new position in Ecolab Inc. (NYSE:ECL) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,146 shares of the basic materials company’s stock, valued at approximately $598,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wexford Capital LP purchased a new stake in Ecolab during the 3rd quarter worth about $25,000. JPL Wealth Management LLC bought a new position in Ecolab in the 3rd quarter worth about $26,000. Costello Asset Management INC purchased a new position in Ecolab during the 1st quarter valued at about $27,000. Kemnay Advisory Services Inc. bought a new stake in shares of Ecolab during the fourth quarter valued at about $27,000. Finally, J.Safra Asset Management Corp purchased a new stake in shares of Ecolab in the second quarter worth about $28,000. 74.91% of the stock is currently owned by institutional investors.

Insider Activity at Ecolab

In related news, Director Suzanne M. Vautrinot sold 1,004 shares of the company’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $264.98, for a total value of $266,039.92. Following the completion of the transaction, the director directly owned 11,651 shares in the company, valued at approximately $3,087,281.98. The trade was a 7.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Darrell R. Brown sold 10,000 shares of the stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $260.89, for a total value of $2,608,900.00. Following the completion of the transaction, the chief operating officer directly owned 32,733 shares in the company, valued at approximately $8,539,712.37. This represents a 23.40% decrease in their position. The SEC filing for this sale provides additional information. 0.50% of the stock is currently owned by corporate insiders.

Ecolab Stock Down 0.1%

Shares of NYSE ECL opened at $275.87 on Tuesday. Ecolab Inc. has a 12 month low of $243.15 and a 12 month high of $309.27. The company has a current ratio of 1.84, a quick ratio of 1.57 and a debt-to-equity ratio of 1.18. The firm has a market capitalization of $77.33 billion, a price-to-earnings ratio of 37.03, a PEG ratio of 2.38 and a beta of 0.88. The business has a 50-day moving average of $275.00 and a 200-day moving average of $273.67.

Ecolab (NYSE:ECL) last posted its quarterly earnings data on Tuesday, July 28th. The basic materials company reported $2.09 earnings per share for the quarter, topping the consensus estimate of $2.08 by $0.01. The company had revenue of $4.42 billion for the quarter, compared to analysts’ expectations of $4.38 billion. Ecolab had a net margin of 12.57% and a return on equity of 22.72%. Ecolab’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.89 earnings per share. Ecolab has set its Q3 2026 guidance at 2.130-2.230 EPS. Sell-side analysts expect that Ecolab Inc. will post 8.17 earnings per share for the current fiscal year.

Ecolab Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Tuesday, September 15th will be issued a $0.73 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.92 dividend on an annualized basis and a dividend yield of 1.1%. Ecolab’s dividend payout ratio is presently 39.19%.

Analysts Set New Price Targets

A number of research firms have recently commented on ECL. BMO Capital Markets raised their price objective on shares of Ecolab from $345.00 to $360.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Ecolab from $325.00 to $335.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Weiss Ratings downgraded shares of Ecolab from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, May 20th. Mizuho boosted their price target on shares of Ecolab from $325.00 to $327.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Finally, UBS Group reaffirmed a “buy” rating and issued a $342.00 price target on shares of Ecolab in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $327.56.

Ecolab 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.