Insider Selling: Ecolab Inc. (ECL) SVP Sells 1,250 Shares of Stock

Ecolab Inc. (NYSE:ECL) SVP Bruno Lavandier sold 1,250 shares of the business’s stock in a transaction on Friday, December 8th. The shares were sold at an average price of $135.71, for a total transaction of $169,637.50. Following the completion of the sale, the senior vice president now owns 7,725 shares in the company, valued at approximately $1,048,359.75. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Bruno Lavandier also recently made the following trade(s):

  • On Friday, December 1st, Bruno Lavandier sold 347 shares of Ecolab stock. The shares were sold at an average price of $134.77, for a total transaction of $46,765.19.

Ecolab Inc. (NYSE ECL) traded down $0.96 during trading on Friday, hitting $135.92. The company had a trading volume of 938,100 shares, compared to its average volume of 943,517. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.23 and a quick ratio of 0.83. Ecolab Inc. has a fifty-two week low of $116.92 and a fifty-two week high of $137.96. The company has a market capitalization of $39,210.00, a PE ratio of 30.08, a price-to-earnings-growth ratio of 2.28 and a beta of 1.05.

Ecolab (NYSE:ECL) last released its quarterly earnings results on Tuesday, October 31st. The basic materials company reported $1.37 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.36 by $0.01. Ecolab had a return on equity of 19.05% and a net margin of 9.67%. The business had revenue of $3.56 billion during the quarter, compared to analysts’ expectations of $3.55 billion. During the same period in the previous year, the business posted $1.28 earnings per share. The firm’s revenue for the quarter was up 5.2% compared to the same quarter last year. equities analysts predict that Ecolab Inc. will post 4.7 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Shareholders of record on Tuesday, December 19th will be issued a dividend of $0.41 per share. This is a boost from Ecolab’s previous quarterly dividend of $0.37. This represents a $1.64 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend is Monday, December 18th. Ecolab’s payout ratio is currently 33.33%.

Several equities research analysts have recently commented on ECL shares. Royal Bank Of Canada boosted their target price on shares of Ecolab from $134.00 to $137.00 and gave the company an “outperform” rating in a research note on Tuesday, September 12th. Credit Suisse Group restated a “hold” rating on shares of Ecolab in a research note on Wednesday, September 6th. Robert W. Baird restated a “hold” rating and issued a $140.00 target price on shares of Ecolab in a research note on Thursday, October 12th. Morgan Stanley started coverage on shares of Ecolab in a research note on Tuesday, August 15th. They issued an “equal weight” rating and a $140.00 target price on the stock. Finally, Instinet restated a “neutral” rating and issued a $117.00 target price (down previously from $120.00) on shares of Ecolab in a research note on Tuesday, September 12th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and seven have given a buy rating to the company. Ecolab currently has an average rating of “Hold” and a consensus target price of $136.86.

Large investors have recently made changes to their positions in the business. Courier Capital LLC bought a new stake in Ecolab during the 2nd quarter worth about $282,000. Alps Advisors Inc. raised its holdings in Ecolab by 21.3% during the 2nd quarter. Alps Advisors Inc. now owns 2,134 shares of the basic materials company’s stock worth $283,000 after purchasing an additional 375 shares during the last quarter. Stephens Inc. AR raised its holdings in Ecolab by 4.7% during the 2nd quarter. Stephens Inc. AR now owns 18,332 shares of the basic materials company’s stock worth $2,434,000 after purchasing an additional 822 shares during the last quarter. Markel Corp raised its holdings in Ecolab by 4.6% during the 3rd quarter. Markel Corp now owns 228,800 shares of the basic materials company’s stock worth $29,426,000 after purchasing an additional 10,000 shares during the last quarter. Finally, King Luther Capital Management Corp raised its holdings in Ecolab by 0.5% during the 2nd quarter. King Luther Capital Management Corp now owns 817,279 shares of the basic materials company’s stock worth $108,494,000 after purchasing an additional 3,725 shares during the last quarter. 76.98% of the stock is owned by hedge funds and other institutional investors.

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Ecolab Company Profile

Ecolab Inc provides water, hygiene and energy technologies and services. The Company’s cleaning and sanitizing programs and products, pest elimination services and equipment maintenance and repair services support customers in the foodservice, food and beverage processing, hospitality, healthcare, government and education, retail, textile care and commercial facilities management sectors in over 170 countries.

Insider Buying and Selling by Quarter for Ecolab (NYSE:ECL)

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