“Neutral” was Reiterated on Ecolab (NYSE:ECL) by Nomura; with $146 Target.

June 29, 2018 - By Bridget Boland

Ecolab Inc. (NYSE:ECL) Corporate Logo

During Q1 2018 the big money sentiment decreased to 0.97. That’s change of 0.05, from 2017Q4’s 1.02. 45 investors sold all, 298 reduced holdings as Ecolab Inc. ratio turned negative. 264 increased holdings while 68 funds took holdings. Funds hold 211.10 million shares thus 1.90% less from 2017Q4’s 215.19 million shares.

Lord Abbett & Ltd reported 158,800 shs or 0.06% of all its holdings. 23,300 were accumulated by Adams Natural Fund. Savant Capital Ltd Llc holds 0.05% or 1,783 shs in its capital. Robeco Institutional Asset Mngmt Bv holds 0.05% or 75,829 shs. Sumitomo Mitsui Asset Mgmt Ltd has invested 0.09% in Ecolab Inc. (NYSE:ECL). Sei Invs holds 0.07% of its capital in Ecolab Inc. (NYSE:ECL) for 136,808 shs. First Interstate Fincl Bank has 0% invested in Ecolab Inc. (NYSE:ECL). Hall Laurie J Trustee accumulated 460 shs or 0.04% of the stock. Copeland Cap Lc invested in 38,377 shs or 0.34% of the stock. Alley Company stated it has 17,917 shs or 0.84% of all its holdings. Intact Inv Mgmt reported 0.01% in Ecolab Inc. (NYSE:ECL). Tru Co Of Vermont has invested 0.75% in Ecolab Inc. (NYSE:ECL). Barrett Asset Mngmt Limited Liability Company invested 2.63% in Ecolab Inc. (NYSE:ECL). Perkins Coie Tru holds 0.64% or 9,454 shs. Moreover, Harding Loevner Limited Partnership has 0% invested in Ecolab Inc. (NYSE:ECL) for 400 shs.

Ecolab Inc. registered $294.14 million net activity with 4 insider purchases and 2 sales since March 7, 2018. GATES WILLIAM H III had bought 369,000 shs worth $50.38M. ETTINGER JEFFREY M bought $860,301 worth of Ecolab Inc. (NYSE:ECL) or 6,400 shs on Friday, March 9.

Reiterated Ecolab (NYSE:ECL) Rating.

New York: On Thursday morning, analysts report was made public of Ecolab (NYSE:ECL). Its “Neutral” Rating reaffirmed by Analysts at Nomura. Research analysts have PT of $146 which suggests 3.41 % upside potential on firm’s stock.

Ecolab Inc. (NYSE:ECL) Ratings Coverage

In total 14 analysts cover Ecolab Inc (NYSE:ECL). “Buy” rating has 5, “Sell” are 2, while 7 are “Hold”. (NYSE:ECL) has 36% bullish analysts. 21 are the (NYSE:ECL)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. On Thursday, February 22 Citigroup maintained Ecolab Inc. (NYSE:ECL) with “Neutral” rating. On Tuesday, April 24 the rating was maintained by Canaccord Genuity with “Buy”. On Monday, May 7 the firm has “Buy” rating given by Oppenheimer. The company rating was maintained by Deutsche Bank on Tuesday, May 8. On Wednesday, January 24 the company was maintained by Stifel Nicolaus. On Thursday, January 18 RBC Capital Markets maintained the shares of ECL in report with “Buy” rating. In Tuesday, March 27 report BMO Capital Markets initiated it with “Buy” rating and $15100 target. On Friday, January 5 Citigroup downgraded Ecolab Inc. (NYSE:ECL) to “Hold” rating. On Wednesday, January 24 the firm has “Neutral” rating by Robert W. Baird given. On Wednesday, May 2 the rating was downgraded by JP Morgan to “Neutral”.

Ticker’s shares touched $141.18 during the last trading session after 0.79% change.Currently Ecolab Inc. is uptrending after 11.05% change in last June 29, 2017. ECL has 313,061 shares volume. The stock underperformed the S&P500 by 1.52%.

Ecolab Inc. (NYSE:ECL) is expected to report earnings on August, 7., as reported by Faxor. Analysts forecast $1.27 earnings per share, which is $0.14 up or 12.39 % from 2017’s $1.13 earnings per share. ECL’s profit could reach $366.42 million with 27.79 P/E in case $1.27 earnings per share is published. Wall Street now forecasts 39.56 % EPS growth despite Ecolab Inc. last quarter’s EPS of $0.91.

Ecolab Inc. provides water, hygiene, and energy technologies and services for clients worldwide.The firm is worth $40.73 billion. The firm operates through Global Industrial, Global Institutional, and Global Energy divisions.27.61 is the P/E ratio. The Global Industrial segment provides water treatment and process applications, and cleaning and sanitizing solutions primarily to large industrial clients within the manufacturing, food and beverage processing, chemical, mining and primary metals, power generation, pulp and paper, and commercial laundry industries.

Another two news for Ecolab Inc. (NYSE:ECL) were recently brought out by: Investorplace.com on June 29, 2018 with title “Best ETFs for 2018: Invesco Water Resources ETF is Worth the Wait”. The other Seekingalpha.com‘s article was titled “Honeywell, Dover among companies exiting Iran presence before sanctions” and brought out on June 05, 2018.

Ecolab Inc. (NYSE:ECL) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.