Bornite Capital Management LP Acquires Shares of 250,000 Ecolab Inc. $ECL

Bornite Capital Management LP acquired a new stake in shares of Ecolab Inc. (NYSE:ECL) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 250,000 shares of the basic materials company’s stock, valued at approximately $68,465,000. Ecolab makes up approximately 6.4% of Bornite Capital Management LP’s portfolio, making the stock its biggest position. Bornite Capital Management LP owned about 0.09% of Ecolab as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of ECL. Corundum Trust Company INC bought a new stake in shares of Ecolab during the third quarter worth about $28,000. SJS Investment Consulting Inc. increased its holdings in Ecolab by 1,177.8% during the 3rd quarter. SJS Investment Consulting Inc. now owns 115 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 106 shares in the last quarter. Vermillion & White Wealth Management Group LLC raised its stake in shares of Ecolab by 81.5% in the second quarter. Vermillion & White Wealth Management Group LLC now owns 118 shares of the basic materials company’s stock worth $32,000 after purchasing an additional 53 shares during the last quarter. Winnow Wealth LLC bought a new position in shares of Ecolab in the third quarter valued at approximately $33,000. Finally, NewSquare Capital LLC grew its holdings in Ecolab by 93.6% during the second quarter. NewSquare Capital LLC now owns 151 shares of the basic materials company’s stock worth $41,000 after buying an additional 73 shares in the last quarter. 74.91% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ECL has been the topic of several recent analyst reports. UBS Group raised their price objective on Ecolab from $295.00 to $312.00 and gave the company a “neutral” rating in a research note on Wednesday, February 11th. Wells Fargo & Company raised their price target on shares of Ecolab from $275.00 to $310.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 11th. Erste Group Bank cut shares of Ecolab from a “buy” rating to a “hold” rating in a report on Friday, January 23rd. Morgan Stanley reiterated an “overweight” rating and issued a $330.00 price objective on shares of Ecolab in a research note on Wednesday, February 11th. Finally, Mizuho set a $335.00 target price on Ecolab in a report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $322.76.

Insider Buying and Selling

In other Ecolab news, EVP Boo Alexander A. De sold 1,422 shares of the stock in a transaction on Monday, November 24th. The stock was sold at an average price of $268.25, for a total transaction of $381,451.50. Following the sale, the executive vice president owned 5,726 shares in the company, valued at $1,535,999.50. This represents a 19.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director David Maclennan purchased 750 shares of Ecolab stock in a transaction dated Monday, December 8th. The stock was bought at an average price of $257.60 per share, with a total value of $193,200.00. Following the completion of the transaction, the director owned 23,035 shares of the company’s stock, valued at $5,933,816. This represents a 3.37% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.04% of the stock is currently owned by insiders.

Ecolab Stock Performance

Shares of ECL opened at $302.61 on Thursday. Ecolab Inc. has a 1 year low of $221.62 and a 1 year high of $306.52. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.08 and a quick ratio of 0.81. The stock’s fifty day moving average price is $276.75 and its two-hundred day moving average price is $272.47. The firm has a market cap of $85.71 billion, a PE ratio of 41.57, a PEG ratio of 2.49 and a beta of 0.99.

Ecolab (NYSE:ECL) last announced its quarterly earnings data on Tuesday, February 10th. The basic materials company reported $2.08 earnings per share for the quarter, topping the consensus estimate of $2.07 by $0.01. The company had revenue of $4.19 billion during the quarter, compared to analyst estimates of $4.20 billion. Ecolab had a return on equity of 22.73% and a net margin of 12.91%.The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter last year, the firm posted $1.81 EPS. Ecolab has set its FY 2026 guidance at 8.430-8.630 EPS and its Q1 2026 guidance at 1.670-1.730 EPS. On average, equities research analysts forecast that Ecolab Inc. will post 7.54 EPS for the current year.

Ecolab Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Tuesday, December 16th were issued a $0.73 dividend. This is a boost from Ecolab’s previous quarterly dividend of $0.65. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a $2.92 annualized dividend and a yield of 1.0%. Ecolab’s payout ratio is 40.11%.

About Ecolab

Ecolab, Inc is a global provider of water, hygiene and infection prevention solutions and services. The company develops and supplies cleaning and sanitizing chemicals, dispensing equipment, water-treatment systems, pest elimination services and related technologies designed to help businesses maintain clean, safe and efficient operations. Its offerings span both products and onsite services, often paired with technical support and training.

Ecolab serves a broad range of end markets including hospitality and foodservice, food and beverage processing, healthcare, manufacturing and industrial operations, and energy and utilities.