AIA Group Ltd minimize its stake in shares of Ecolab Inc. (NYSE:ECL – Free Report) by 7.6% within the third quarter, based on its most up-to-date Kind 13F submitting with the SEC. The fund owned 1,313 shares of the fundamental supplies firm’s inventory after promoting 108 shares through the interval. AIA Group Ltd’s holdings in Ecolab had been price $335,000 as of its most up-to-date submitting with the SEC.
Quite a lot of different hedge funds have additionally just lately purchased and bought shares of the inventory. Triad Wealth Companions LLC purchased a brand new place in shares of Ecolab within the second quarter valued at $26,000. PSI Advisors LLC purchased a brand new place in shares of Ecolab within the 2nd quarter valued at about $27,000. Kings Path Companions LLC acquired a brand new place in shares of Ecolab through the 2nd quarter price about $27,000. LRI Investments LLC purchased a brand new stake in shares of Ecolab within the 1st quarter valued at about $31,000. Lastly, MFA Wealth Advisors LLC acquired a brand new stake in Ecolab within the 2nd quarter valued at about $33,000. 74.91% of the inventory is at present owned by institutional traders.
Analyst Scores Modifications
ECL has been the topic of various latest analyst stories. Piper Sandler raised their worth goal on Ecolab from $270.00 to $305.00 and gave the corporate an “obese” score in a analysis report on Thursday, September twenty sixth. Jefferies Monetary Group raised shares of Ecolab from a “maintain” score to a “purchase” score and lifted their worth goal for the inventory from $235.00 to $310.00 in a analysis report on Friday, October 18th. Robert W. Baird elevated their worth goal on shares of Ecolab from $271.00 to $279.00 and gave the corporate a “impartial” score in a analysis report on Wednesday, October thirtieth. UBS Group minimize shares of Ecolab from a “purchase” score to a “impartial” score and set a $276.00 goal worth for the corporate. in a analysis observe on Monday, November 4th. Lastly, Morgan Stanley elevated their worth goal on shares of Ecolab from $240.00 to $263.00 and gave the corporate an “equal weight” score in a report on Wednesday, October thirtieth. Eight analysis analysts have rated the inventory with a maintain score and 9 have given a purchase score to the corporate. Based mostly on information from MarketBeat.com, the inventory presently has a median score of “Reasonable Purchase” and a consensus worth goal of $277.20.
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Insiders Place Their Bets
In different information, main shareholder William H. Gates III bought 65,015 shares of Ecolab inventory in a transaction on Monday, November 4th. The inventory was bought at a median worth of $243.80, for a complete worth of $15,850,657.00. Following the transaction, the insider now owns 30,388,741 shares within the firm, valued at roughly $7,408,775,055.80. This commerce represents a 0.00 % lower of their place. The sale was disclosed in a doc filed with the SEC, which is accessible by means of this hyperlink. In different Ecolab information, main shareholder William H. Gates III bought 65,015 shares of Ecolab inventory in a transaction dated Monday, November 4th. The inventory was bought at a median worth of $243.80, for a complete worth of $15,850,657.00. Following the transaction, the insider now owns 30,388,741 shares within the firm, valued at $7,408,775,055.80. The commerce was a 0.00 % lower of their possession of the inventory. The transaction was disclosed in a authorized submitting with the SEC, which is obtainable at this hyperlink. Additionally, Director Victoria Reich bought 393 shares of the inventory in a transaction dated Thursday, September twelfth. The inventory was bought at a median worth of $250.00, for a complete transaction of $98,250.00. Following the completion of the transaction, the director now straight owns 24,041 shares of the corporate’s inventory, valued at $6,010,250. This commerce represents a 0.00 % lower of their place. The disclosure for this sale may be discovered right here. Insiders bought 478,355 shares of firm inventory price $117,922,965 over the past three months. Insiders personal 0.04% of the corporate’s inventory.
Ecolab Inventory Up 1.5 %
ECL inventory opened at $250.04 on Friday. Ecolab Inc. has a 52 week low of $175.34 and a 52 week excessive of $262.61. The enterprise has a 50-day easy transferring common of $252.31 and a 200 day easy transferring common of $242.73. The corporate has a fast ratio of 0.97, a present ratio of 1.30 and a debt-to-equity ratio of 0.81. The corporate has a market cap of $70.80 billion, a PE ratio of 35.07, a price-to-earnings-growth ratio of two.44 and a beta of 1.13.
Ecolab (NYSE:ECL – Get Free Report) final issued its earnings outcomes on Tuesday, October twenty ninth. The essential supplies firm reported $1.83 EPS for the quarter, beating the consensus estimate of $1.82 by $0.01. The corporate had income of $4 billion through the quarter, in comparison with analysts’ expectations of $4.03 billion. Ecolab had a web margin of 13.05% and a return on fairness of twenty-two.12%. The enterprise’s income for the quarter was up 1.0% in comparison with the identical quarter final 12 months. Throughout the identical interval within the earlier 12 months, the corporate earned $1.54 EPS. Promote-side analysts anticipate that Ecolab Inc. will publish 6.66 EPS for the present fiscal 12 months.
About Ecolab
Ecolab Inc offers water, hygiene, and an infection prevention options and providers in the USA and internationally. The corporate operates by means of three segments: World Industrial; World Institutional & Specialty; and World Healthcare & Life Sciences. The World Industrial phase presents water therapy and course of purposes, and cleansing and sanitizing options to manufacturing, meals and beverage processing, transportation, chemical, metals and mining, energy technology, pulp and paper, business laundry, petroleum, refining, and petrochemical industries.
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