Long Term Growth Stock in Review: Ecolab Inc. (NYSE:ECL)

Henrietta Strickland
October 11, 2017

It has a 23.22 P/E ratio. The Company's Other segment consists of the Pest Elimination and Equipment Care operating units.

Ecolab Inc. had its "outperform" rating reiterated by analysts at RBC Capital. (NYSE:ECL) opened at 128.05 on Wednesday. The institutional investor held 326,889 shares of the package goods and cosmetics company at the end of 2017Q2, valued at $43.40M, up from 269,103 at the end of the previous reported quarter. The stock declined 0.29% or $0.38 reaching $132.32 per share. Another trade for 13,700 shares valued at $1.80 million was sold by Hickey Michael A. Casale Carl M bought $631,655 worth of stock.

Ecolab (NYSE:ECL) last announced its quarterly earnings results on Tuesday, August 1st. It has underperformed by 7.29% the S&P500. (NYSE:ECL). Mcdonald Cap Investors Inc Ca holds 10.25% or 885,555 shares. C Worldwide Group Holding A S owns 3.70 million shares or 7.47% of their USA portfolio. Bartlett And Ltd Llc invested in 1,050 shares or 0.01% of the stock. The Wisconsin-based Jacobson & Schmitt Advisors Llc has invested 5.07% in the stock. The Congress Asset Management Company holds 359,321 shares with $47.70 million value, down from 372,562 last quarter. 59,767 shares of the company's stock traded hands. (NYSE:SD) has 0.00% since October 11, 2016 and is. It has outperformed by 62.78% the S&P500.

Ecolab Inc. provides water, hygiene and energy technologies and services.

Amid volatile financial markets and the presidential election, various investment brokerages have made amendments to their price targets and ratings on shares of Ecolab Inc. The Company's cleaning and sanitizing programs and products, pest elimination services and equipment maintenance and fix services support clients in the foodservice, food and beverage processing, hospitality, healthcare, government and education, retail, textile care and commercial facilities management sectors in over 170 countries. Its segments include Global Industrial, Global Institutional, Global Energy, Other and Corporate.

The Manufacturers Life Insurance Company increased its holdings in shares of Ecolab Inc. Its up 0.01, from 0.93 in 2017Q1. Ltd. raised its position in shares of Ecolab by 1.2% in the third quarter. Zacks Investment Research raised shares of Ecolab from a "sell" rating to a "hold" rating in a research report on Friday, February 24th. The firm owned 10,537 shares of the basic materials company's stock after purchasing an additional 793 shares during the period.

Cape Cod Five Cents Savings Bank decreased Ecolab Inc (ECL) stake by 5.77% reported in 2017Q2 SEC filing. Stratos Wealth Partners LTD. now owns 2,877 shares of the basic materials company's stock valued at $350,000 after buying an additional 334 shares in the last quarter. Wetherby Asset Mgmt accumulated 0.15% or 6,833 shares. Groesbeck Invest Mngmt Corp Nj reported 1,715 shares. The Agf Investments America Inc holds 53,375 shares with $7.09M value, down from 63,073 last quarter. Nomura maintained Ecolab Inc. (NYSE:ECL). The New Jersey-based Prudential Fincl has invested 0.07% in Ecolab Inc. (NYSE:ECL). Gemmer Asset Limited Liability Co holds 0% of its portfolio in Ecolab Inc. (NYSE:ECL)'s stock was 13.21%.

COPYRIGHT VIOLATION NOTICE: "The Manufacturers Life Insurance Company Acquires 19,712 Shares of Ecolab Inc". Reynders Mcveigh Mgmt Limited Liability Corporation has 0.13% invested in Ecolab Inc. WI raised its position in shares of Ecolab by 1.2% in the third quarter. (NYSE:ECL). Raymond James & reported 188,600 shares stake. Trustco Commercial Bank N Y owns 3,950 shares for 0.52% of their portfolio. Therefore 50% are positive. The 52-week high is -2.16% and the 52-week low is 19.27%.

Lastly, comparing the current price of 131.97 to the target price of 136.65, this means that the stock may or may not have some room to run. ECL was included in 45 notes of analysts from July 30, 2015.

The stock of Mirati Therapeutics, Inc. The rating was maintained by Stifel Nicolaus on Wednesday, September 6 with "Hold". (NYSE:RSG) earned "Outperform" rating by Imperial Capital on Monday, November 2. On Monday, April 3 the stock rating was upgraded by Instinet to "Neutral". (NYSE:ECL) for 4,396 shares. KeyBanc Capital Markets maintained the shares of RSG in report on Thursday, August 24 with "Hold" rating. As per Friday, July 31, the company rating was maintained by Oppenheimer. The firm earned "Neutral" rating on Friday, August 26 by Macquarie Research. The firm has "Neutral" rating by Wedbush given on Tuesday, February 21. (NYSE:ECL) rating on Thursday, March 24.

Since May 4, 2017, it had 1 insider buy, and 4 insider sales for $5.27 million activity. Shares for $3.08 million were sold by Taylor Stephen M on Friday, June 9. If the $39.95 PT is reached, the company will be worth $311.40M less. Guardian Life Insurance Co. of America now owns 1,012 shares of the basic materials company's stock worth $127,000 after buying an additional 7 shares during the last quarter.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER