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New Big Money Means Ecolab, Inc. (ECL) Investors Could Reap Benefit

Ecolab, Inc. (NYSE: ECL) is 24.30% higher on its value in year-to-date trading and has touched a low of $156.72 and a high of $249.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ECL stock was last observed hovering at around $242.57 in the last trading session, with the day’s gains setting it 3.98%.

Currently trading at $246.55, the stock is 3.28% and 2.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.66 million and changing 1.64% at the moment leaves the stock 12.87% off its SMA200. ECL registered 36.62% gain for a year compared to 6-month gain of 13.65%.

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The stock witnessed a -0.07% loss in the last 1 month and extending the period to 3 months gives it a 4.91%, and is 2.96% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.02% over the week and 2.03% over the month.

Ecolab, Inc. (ECL) has around 48000 employees, a market worth around $70.15B and $15.63B in sales. Current P/E ratio is 41.35 and Fwd P/E is 32.94. Profit margin for the company is 10.95%. Distance from 52-week low is 57.32% and -0.98% from its 52-week high. The company has generated returns on investments over the last 12 months (10.53%).

The EPS is expected to grow by 27.59% this year

2013.0 institutions hold shares in Ecolab, Inc. (ECL), with institutional investors hold 90.89% of the company’s shares. The shares outstanding are 285.45M, and float is at 252.72M with Short Float at 0.73%. Institutions hold 90.73% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 23.49 million shares valued at $5.42 billion. The investor’s holdings represent 8.2208 of the ECL Shares outstanding. As of 2024-03-31, the second largest holder is BLACKROCK INC. with 20.94 million shares valued at $4.83 billion to account for 7.3277 of the shares outstanding. The other top investors are STATE STREET CORP which holds 11.48 million shares representing 4.0175 and valued at over $2.66 billion, while WELLINGTON MANAGEMENT GROUP LLP holds 2.3362 of the shares totaling 6.67 million with a market value of $1.54 billion.

Ecolab, Inc. (ECL) Insider Activity

Ecolab, Inc. disclosed in a document filed with the SEC on Aug 19 ’24 that Marsh Laurie M (EVP – HUMAN RESOURCES) sold a total of 10,364 shares of the company’s common stock. The trade occurred on Aug 19 ’24 and was made at $240.83 per share for $2.5 million. Following the transaction, the insider now directly holds 24447.0 shares of the ECL stock.

Still, SEC filings show that on Aug 19 ’24, Laurie M. Marsh (Officer) Proposed Sale 10,364 shares at an average price of $240.66 for $2.49 million. The insider now directly holds shares of Ecolab, Inc. (ECL).

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