EcolabECL
Market Cap: $69.7B
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)
37% more call options, than puts
Call options by funds: $131M | Put options by funds: $96M
28% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 89
2% more funds holding
Funds holding: 1,386 [Q1] → 1,411 (+25) [Q2]
2% more repeat investments, than reductions
Existing positions increased: 534 | Existing positions reduced: 524
1% more capital invested
Capital invested by funds: $50.8B [Q1] → $51.4B (+$617M) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 24 [Q1] → 24 (+0) [Q2]
1.48% less ownership
Funds ownership: 77.17% [Q1] → 75.69% (-1.48%) [Q2]
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
RBC Capital Ashish Sabadra 85% 1-year accuracy 41 / 48 met price target | 6%upside $260 | Outperform Reiterated | 21 Aug 2024 |
UBS Joshua Spector 46% 1-year accuracy 17 / 37 met price target | 13%upside $276 | Buy Maintained | 15 Aug 2024 |
Wells Fargo Jason Haas 79% 1-year accuracy 11 / 14 met price target | 10%upside $270 | Overweight Initiated | 12 Aug 2024 |
JP Morgan Jeffrey Zekauskas 76% 1-year accuracy 25 / 33 met price target | 7%downside $228 | Neutral Maintained | 31 Jul 2024 |
RBC Capital Ashish Sabadra 85% 1-year accuracy 41 / 48 met price target | 6%upside $260 | Outperform Reiterated | 31 Jul 2024 |