Alley Co LLC boosted its holdings in shares of Ecolab Inc. (NYSE:ECL) by 4.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,391 shares of the basic materials company’s stock after acquiring an additional 715 shares during the period. Alley Co LLC’s holdings in Ecolab were worth $2,334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of ECL. C WorldWide Group Holding A S lifted its position in shares of Ecolab by 1.9% during the fourth quarter. C WorldWide Group Holding A S now owns 3,842,375 shares of the basic materials company’s stock valued at $515,570,000 after buying an additional 73,309 shares during the last quarter. Edgewood Management LLC lifted its position in shares of Ecolab by 0.9% during the third quarter. Edgewood Management LLC now owns 3,503,447 shares of the basic materials company’s stock valued at $450,578,000 after buying an additional 30,773 shares during the last quarter. Jensen Investment Management Inc. lifted its position in shares of Ecolab by 0.5% during the fourth quarter. Jensen Investment Management Inc. now owns 2,534,985 shares of the basic materials company’s stock valued at $340,144,000 after buying an additional 13,405 shares during the last quarter. Artisan Partners Limited Partnership lifted its position in shares of Ecolab by 2.1% during the third quarter. Artisan Partners Limited Partnership now owns 1,896,477 shares of the basic materials company’s stock valued at $243,906,000 after buying an additional 39,638 shares during the last quarter. Finally, Legal & General Group Plc lifted its position in shares of Ecolab by 4.2% during the third quarter. Legal & General Group Plc now owns 1,421,340 shares of the basic materials company’s stock valued at $182,806,000 after buying an additional 56,812 shares during the last quarter. Institutional investors own 76.63% of the company’s stock.

Several research firms have commented on ECL. Boenning Scattergood reissued a “buy” rating on shares of Ecolab in a research report on Monday, January 22nd. Royal Bank of Canada reissued a “buy” rating on shares of Ecolab in a research report on Friday, January 19th. Credit Suisse Group increased their price target on shares of Ecolab from $129.00 to $137.00 and gave the company a “neutral” rating in a research report on Wednesday, January 24th. Stifel Nicolaus increased their price target on shares of Ecolab from $140.00 to $153.00 and gave the company a “hold” rating in a research report on Wednesday, January 24th. Finally, Robert W. Baird decreased their price target on shares of Ecolab from $144.00 to $143.00 and set a “neutral” rating for the company in a research report on Tuesday, January 23rd. One analyst has rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the company. Ecolab currently has a consensus rating of “Hold” and an average price target of $140.07.

Ecolab Inc. (ECL) opened at $128.52 on Monday. The company has a market cap of $37,131.23, a P/E ratio of 28.88, a P/E/G ratio of 1.88 and a beta of 1.06. 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 1 year low of $120.46 and a 1 year high of $140.50.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 16th. Investors of record on Tuesday, December 19th were given a $0.41 dividend. This is a positive change from Ecolab’s previous quarterly dividend of $0.37. This represents a $1.64 annualized dividend and a dividend yield of 1.28%. The ex-dividend date was Monday, December 18th. Ecolab’s dividend payout ratio (DPR) is presently 33.26%.

In related news, CEO Douglas M. Baker, Jr. sold 18,000 shares of the stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $137.09, for a total value of $2,467,620.00. Following the completion of the transaction, the chief executive officer now directly owns 427,548 shares of the company’s stock, valued at approximately $58,612,555.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Bruno Lavandier sold 347 shares of the stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $134.77, for a total transaction of $46,765.19. Following the completion of the transaction, the senior vice president now directly owns 7,615 shares of the company’s stock, valued at $1,026,273.55. The disclosure for this sale can be found here. Insiders sold a total of 57,446 shares of company stock valued at $7,886,307 over the last ninety days. 1.49% of the stock is currently owned by insiders.

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Ecolab 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.

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Institutional Ownership by Quarter for Ecolab (NYSE:ECL)

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