Ecolab
About: Ecolab produces and markets cleaning and sanitation products for the industrial manufacturing, hospitality, healthcare, and life sciences markets. The firm is the global market share leader in this category with a wide array of products and services, including dish and laundry washing systems, pest control, and infection control products. Additionally, Ecolab sells customized water management solutions across its end markets. The company has a strong hold on the US market and is growing its presence abroad.
Employees: 48,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
40% more first-time investments, than exits
New positions opened: 119 | Existing positions closed: 85
37% more call options, than puts
Call options by funds: $133M | Put options by funds: $96.8M
4% more funds holding in top 10
Funds holding in top 10: 24 [Q1] → 25 (+1) [Q2]
2% more funds holding
Funds holding: 1,391 [Q1] → 1,425 (+34) [Q2]
2% more repeat investments, than reductions
Existing positions increased: 537 | Existing positions reduced: 527
1% more capital invested
Capital invested by funds: $50.8B [Q1] → $51.5B (+$691M) [Q2]
1.37% less ownership
Funds ownership: 77.18% [Q1] → 75.81% (-1.37%) [Q2]
Research analyst outlook
15 Wall Street Analysts provided 1 year price targets over the past 3 months
15 analyst ratings
Wells Fargo Jason Haas 60% 1-year accuracy 12 / 20 met price target | 15%upside $295 | Overweight Maintained | 7 Oct 2024 |
BMO Capital John McNulty 61% 1-year accuracy 17 / 28 met price target | 2%upside $260 | Market Perform Maintained | 30 Sept 2024 |
Piper Sandler Charles Neivert 57% 1-year accuracy 12 / 21 met price target | 19%upside $305 | Overweight Maintained | 26 Sept 2024 |
RBC Capital Ashish Sabadra 87% 1-year accuracy 34 / 39 met price target | 20%upside $306 | Outperform Maintained | 16 Sept 2024 |
RBC Capital Ashish Sabadra 87% 1-year accuracy 34 / 39 met price target | 2%upside $260 | Outperform Reiterated | 21 Aug 2024 |
Financial journalist opinion
Based on 8 articles about ECL published over the past 30 days