7,231 Shares in Ecolab Inc. $ECL Purchased by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC acquired a new stake in Ecolab Inc. (NYSE:ECL) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 7,231 shares of the basic materials company’s stock, valued at approximately $2,019,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Wexford Capital LP acquired a new position in shares of Ecolab during the third quarter worth approximately $25,000. JPL Wealth Management LLC acquired a new stake in Ecolab in the 3rd quarter valued at approximately $26,000. Costello Asset Management INC acquired a new stake in Ecolab in the 1st quarter valued at approximately $27,000. Kemnay Advisory Services Inc. bought a new stake in Ecolab during the 4th quarter valued at $27,000. Finally, J.Safra Asset Management Corp acquired a new position in Ecolab during the 2nd quarter worth $28,000. Institutional investors own 74.91% of the company’s stock.

Insider Activity

In other Ecolab news, CEO Christophe Beck sold 17,862 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $280.14, for a total transaction of $5,003,860.68. Following the sale, the chief executive officer directly owned 72,932 shares of the company’s stock, valued at $20,431,170.48. The trade was a 19.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Benjamin M. Clark purchased 1,000 shares of Ecolab stock in a transaction dated Thursday, June 11th. The stock was bought at an average cost of $263.83 per share, with a total value of $263,830.00. Following the completion of 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 ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders sold 28,866 shares of company stock worth $7,878,801. 0.50% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ECL. Wells Fargo & Company increased their price target on Ecolab from $275.00 to $295.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 30th. Citigroup upped their price objective on shares of Ecolab from $325.00 to $330.00 and gave the stock a “buy” rating in a report on Wednesday, June 24th. Mizuho raised their target price on shares of Ecolab from $325.00 to $327.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Ecolab from $325.00 to $335.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Finally, UBS Group reaffirmed a “buy” rating and issued a $342.00 price target on shares of Ecolab in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $327.56.

Ecolab Price Performance

Shares of NYSE:ECL opened at $281.91 on Monday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.57 and a current ratio of 1.84. Ecolab Inc. has a one year low of $243.15 and a one year high of $309.27. The company has a market capitalization of $79.03 billion, a PE ratio of 37.84, a price-to-earnings-growth ratio of 2.43 and a beta of 0.88. The stock has a fifty day moving average of $276.56 and a 200-day moving average of $273.66.

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

Ecolab Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Tuesday, September 15th will be paid 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 yield of 1.0%. Ecolab’s dividend payout ratio (DPR) is currently 39.19%.

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.