Shares of Ecolab Inc. (NYSE:ECL) reached a new 52-week high on Tuesday . The company traded as high as $123.44 and last traded at $122.96, with a volume of 242,128 shares changing hands. The stock had previously closed at $122.25.

A number of equities analysts have issued reports on the company. Citigroup Inc. increased their price target on Ecolab from $102.00 to $117.00 and gave the stock a “neutral” rating in a report on Monday, April 18th. Stifel Nicolaus cut their price target on Ecolab from $129.00 to $123.00 and set a “buy” rating on the stock in a report on Wednesday, June 1st. Oppenheimer Holdings Inc. increased their price target on Ecolab from $120.00 to $129.00 and gave the stock an “outperform” rating in a report on Wednesday, August 3rd. Canaccord Genuity increased their price target on Ecolab from $126.00 to $135.00 and gave the stock a “buy” rating in a report on Wednesday, August 3rd. Finally, Barclays PLC increased their price target on Ecolab from $120.00 to $135.00 and gave the stock an “overweight” rating in a report on Wednesday, August 3rd. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $125.47.

The stock’s 50 day moving average is $119.43 and its 200 day moving average is $113.70. The firm has a market capitalization of $35.80 billion and a PE ratio of 38.50.

Ecolab (NYSE:ECL) last posted its earnings results on Tuesday, August 2nd. The company reported $1.08 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.08. During the same period last year, the firm posted $1.08 earnings per share. The business had revenue of $3.32 billion for the quarter, compared to analysts’ expectations of $3.33 billion. Ecolab’s quarterly revenue was down 2.1% on a year-over-year basis. On average, equities research analysts predict that Ecolab Inc. will post $4.43 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 17th. Stockholders of record on Tuesday, September 20th will be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Friday, September 16th. This represents a $1.40 annualized dividend and a dividend yield of 1.15%.

In other news, EVP Timothy P. Mulhere sold 4,379 shares of the business’s stock in a transaction that occurred on Friday, May 13th. The stock was sold at an average price of $116.54, for a total transaction of $510,328.66. Following the transaction, the executive vice president now directly owns 16,487 shares of the company’s stock, valued at $1,921,394.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Timothy P. Mulhere sold 3,762 shares of the business’s stock in a transaction that occurred on Wednesday, June 8th. The shares were sold at an average price of $121.60, for a total value of $457,459.20. Following the transaction, the executive vice president now directly owns 12,725 shares in the company, valued at $1,547,360. The disclosure for this sale can be found here.

Other institutional investors have bought and sold shares of the company. American International Group Inc. boosted its position in Ecolab by 2.3% in the fourth quarter. American International Group Inc. now owns 115,341 shares of the company’s stock valued at $13,192,000 after buying an additional 2,560 shares during the period. Capital Counsel LLC NY boosted its position in Ecolab by 1.4% in the fourth quarter. Capital Counsel LLC NY now owns 847,892 shares of the company’s stock valued at $96,982,000 after buying an additional 11,596 shares during the period. BlackRock Investment Management LLC boosted its position in Ecolab by 1.0% in the fourth quarter. BlackRock Investment Management LLC now owns 1,077,750 shares of the company’s stock valued at $123,273,000 after buying an additional 10,515 shares during the period. BlackRock Advisors LLC boosted its position in Ecolab by 1.9% in the fourth quarter. BlackRock Advisors LLC now owns 863,634 shares of the company’s stock valued at $98,782,000 after buying an additional 16,122 shares during the period. Finally, Westfield Capital Management Co. LP acquired a new position in Ecolab during the fourth quarter valued at about $4,477,000.

Ecolab Inc provides water, hygiene and energy technologies and services. The Company’s segments include Global Industrial, Global Institutional, Global Energy, Other and Corporate. The Global Industrial segment consists of the Water, Food and Beverage, Paper and Textile Care operating units. The Global Institutional segment consists of the Institutional, Specialty and Healthcare operating units.

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