Leeward Financial Partners LLC Invests $5.11 Million in Ecolab Inc. $ECL

Leeward Financial Partners LLC acquired a new stake in shares of Ecolab Inc. (NYSE:ECLFree Report) in the second quarter, Holdings Channel reports. The fund acquired 18,338 shares of the basic materials company’s stock, valued at approximately $5,109,000. Ecolab accounts for 1.3% of Leeward Financial Partners LLC’s investment portfolio, making the stock its 22nd biggest holding.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Ecolab by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 25,327,693 shares of the basic materials company’s stock worth $6,649,026,000 after acquiring an additional 137,578 shares during the period. JPMorgan Chase & Co. boosted its stake in Ecolab by 63.1% during the 4th quarter. JPMorgan Chase & Co. now owns 10,622,035 shares of the basic materials company’s stock valued at $2,788,497,000 after purchasing an additional 4,110,472 shares during the period. Morgan Stanley boosted its stake in Ecolab by 5.9% during the 4th quarter. Morgan Stanley now owns 7,883,084 shares of the basic materials company’s stock valued at $2,069,468,000 after purchasing an additional 441,747 shares during the period. Geode Capital Management LLC grew its position in Ecolab by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 5,635,339 shares of the basic materials company’s stock worth $1,472,599,000 after purchasing an additional 46,569 shares during the last quarter. Finally, Capital World Investors acquired a new stake in shares of Ecolab in the fourth quarter valued at approximately $1,022,334,000. 74.91% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Ecolab

In other news, EVP Benjamin M. Clark purchased 1,000 shares of the stock in a transaction dated Thursday, June 11th. The shares were bought at an average cost of $263.83 per share, for a total transaction of $263,830.00. Following the transaction, the executive vice president owned 1,083 shares in the company, valued at $285,727.89. This trade represents a 1,204.82% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Darrell R. Brown sold 10,000 shares of the company’s 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 sale, the chief operating officer owned 32,733 shares of the company’s stock, valued at approximately $8,539,712.37. This trade represents a 23.40% decrease in their position. The SEC filing for this sale provides additional information. 0.50% of the stock is owned by company insiders.

Ecolab Trading Up 0.0%

Shares of NYSE:ECL opened at $276.28 on Friday. The company has a 50 day moving average of $274.64 and a 200-day moving average of $273.80. The firm has a market cap of $77.45 billion, a P/E ratio of 37.09, a P/E/G ratio of 2.38 and a beta of 0.88. Ecolab Inc. has a twelve month low of $243.15 and a twelve 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.

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

Ecolab Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Robert W. Baird set a $305.00 price target on Ecolab in a report on Wednesday, July 29th. Royal Bank Of Canada reissued an “outperform” rating and issued a $337.00 price objective on shares of Ecolab in a report on Tuesday, July 7th. Zacks Research downgraded Ecolab from a “hold” rating to a “strong sell” rating in a research note on Monday, July 20th. BMO Capital Markets boosted their price target on Ecolab from $345.00 to $360.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Finally, Jefferies Financial Group decreased their price target on Ecolab from $352.00 to $345.00 and set a “buy” rating for the company in a research note on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $327.56.

Read Our Latest Stock Report on ECL

Ecolab Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Ecolab (NYSE:ECL)

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