PensionDanmark Pensionsforsikringsaktieselskab grew its position in shares of Ecolab Inc. (NYSE:ECL – Free Report) by 12.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 54,896 shares of the basic materials company’s stock after buying an additional 6,126 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Ecolab were worth $15,295,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in Ecolab by 63.1% in the fourth quarter. JPMorgan Chase & Co. now owns 10,622,035 shares of the basic materials company’s stock valued at $2,788,497,000 after acquiring an additional 4,110,472 shares during the last quarter. Capital World Investors bought a new position in shares of Ecolab during the 4th quarter valued at $1,022,334,000. Norges Bank acquired a new stake in shares of Ecolab in the 4th quarter valued at $880,506,000. Auto Owners Insurance Co lifted its stake in shares of Ecolab by 26,152.0% in the 4th quarter. Auto Owners Insurance Co now owns 945,072 shares of the basic materials company’s stock valued at $24,810,000 after purchasing an additional 941,472 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Ecolab by 58.8% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,243,825 shares of the basic materials company’s stock worth $596,902,000 after purchasing an additional 830,726 shares in the last quarter. Institutional investors own 74.91% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have weighed in on the company. BMO Capital Markets raised their target price on Ecolab from $345.00 to $360.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. Oppenheimer upgraded Ecolab from a “market perform” rating to an “outperform” rating and set a $320.00 price target for the company in a research note on Friday, July 17th. Royal Bank Of Canada reissued an “outperform” rating and set a $337.00 price objective on shares of Ecolab in a report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft boosted their target price on Ecolab from $325.00 to $335.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Finally, Zacks Research cut Ecolab from a “hold” rating to a “strong sell” rating in a research report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $327.56.
Ecolab Stock Performance
Shares of NYSE ECL opened at $284.86 on Friday. Ecolab Inc. has a 12 month low of $243.15 and a 12 month high of $309.27. The company has a market cap of $80.17 billion, a P/E ratio of 38.24, a P/E/G ratio of 2.45 and a beta of 0.88. The business’s 50 day moving average is $272.17 and its two-hundred day moving average is $273.76. The company has a quick ratio of 1.57, a current ratio of 1.84 and a debt-to-equity ratio of 1.18.
Ecolab (NYSE:ECL – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The basic materials company reported $2.09 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.01. The company had revenue of $4.42 billion during the quarter, compared to analysts’ expectations of $4.38 billion. Ecolab had a return on equity of 22.72% and a net margin of 12.57%.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. On average, equities analysts expect that Ecolab Inc. will post 8.17 EPS for the current year.
Ecolab Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 15th will be given a $0.73 dividend. This represents a $2.92 annualized dividend and a yield of 1.0%. The ex-dividend date is Tuesday, September 15th. Ecolab’s dividend payout ratio (DPR) is currently 39.19%.
Insider Activity at Ecolab
In related news, Director Suzanne M. Vautrinot sold 1,004 shares of the stock in a transaction dated 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 sale, the director owned 11,651 shares in the company, valued at approximately $3,087,281.98. This trade represents a 7.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Benjamin M. Clark purchased 1,000 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were purchased at an average price of $263.83 per share, for a total transaction of $263,830.00. Following the completion of the purchase, the executive vice president directly owned 1,083 shares of the company’s stock, valued at approximately $285,727.89. This trade 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 have purchased 9,750 shares of company stock worth $2,513,980. Insiders own 0.50% 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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