3 days Ago By ABMN Staff
Ecolab ( NYSE:ECL – Get Free Report ) had its target price decreased by equities researchers at Mizuho from $302.00 to $285.00 in a research note issued to investors on Tuesday, Benzinga reports.
The firm presently has an “outperform” rating on the basic materials company’s stock. Mizuho’s target price indicates a potential upside of 20.62% from the stock’s previous close.
A number of other brokerages have also issued reports on ECL. Stifel Nicolaus lifted their price target on Ecolab from $285.00 to $307.
00 and gave the company a “buy” rating in a research report on Wednesday, February 12th. StockNews.com raised Ecolab from a “hold” rating to a “buy” rating in a report on Thursday, March 20th.
BMO Capital Markets upped their price target on shares of Ecolab from $295.00 to $305.00 and gave the company an “outperform” rating in a report on Monday, March 3rd.
UBS Group lifted their price objective on shares of Ecolab from $257.00 to $280.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 12th.
Finally, Wells Fargo & Company cut their target price on shares of Ecolab from $313.00 to $265.00 and set an “overweight” rating for the company in a research note on Wednesday, April 9th.
Five equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $284.
00. Check Out Our Latest Analysis on ECL Ecolab Price Performance Ecolab ( NYSE:ECL – Get Free Report ) last released its earnings results on Tuesday, February 11th. The basic materials company reported $1.
81 EPS for the quarter, meeting the consensus estimate of $1.81. Ecolab had a net margin of 13.
42% and a return on equity of 22.50%. Equities analysts anticipate that Ecolab will post 7.
54 EPS for the current year. Insider Activity at Ecolab In other news, Director David Maclennan acquired 400 shares of Ecolab stock in a transaction that occurred on Thursday, February 13th. The stock was purchased at an average price of $264.
51 per share, with a total value of $105,804.00. Following the completion of the transaction, the director now owns 18,767 shares in the company, valued at approximately $4,964,059.
17. This trade represents a 2.18 % increase in their ownership of the stock.
The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink . Also, SVP Jennifer J. Bradway sold 856 shares of the business’s stock in a transaction dated Tuesday, February 25th.
The shares were sold at an average price of $267.37, for a total value of $228,868.72.
Following the completion of the transaction, the senior vice president now owns 4,140 shares in the company, valued at $1,106,911.80. This trade represents a 17.
13 % decrease in their position. The disclosure for this sale can be found here . Over the last three months, insiders have sold 17,435 shares of company stock valued at $4,637,985.
Corporate insiders own 0.04% of the company’s stock. Institutional Trading of Ecolab A number of institutional investors have recently added to or reduced their stakes in the business.
Creative Financial Designs Inc. ADV lifted its stake in shares of Ecolab by 134.8% in the 4th quarter.
Creative Financial Designs Inc. ADV now owns 108 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 62 shares during the last quarter. Graney & King LLC acquired a new stake in shares of Ecolab in the fourth quarter worth about $26,000.
Midwest Capital Advisors LLC bought a new stake in shares of Ecolab during the 4th quarter worth about $28,000. Navigoe LLC bought a new stake in Ecolab during the fourth quarter worth approximately $31,000. Finally, Accredited Wealth Management LLC acquired a new position in Ecolab in the 4th quarter valued at $33,000.
74.91% of the stock is currently owned by institutional investors and hedge funds. Ecolab Company Profile ( Get Free Report ) Ecolab Inc provides water, hygiene, and infection prevention solutions and services in the United States and internationally.
The company operates through three segments: Global Industrial; Global Institutional & Specialty; and Global Healthcare & Life Sciences. The Global Industrial segment offers water treatment and process applications, and cleaning and sanitizing solutions to manufacturing, food and beverage processing, transportation, chemical, metals and mining, power generation, pulp and paper, commercial laundry, petroleum, refining, and petrochemical industries. Recommended Stories Receive News & Ratings for Ecolab Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ecolab and related companies with MarketBeat.
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