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 Q3 regulatory filings by fund managers ($100M+ AUM)
95% more first-time investments, than exits
New positions opened: 123 | Existing positions closed: 63
13% more call options, than puts
Call options by funds: $129M | Put options by funds: $114M
3% more funds holding
Funds holding: 1,431 [Q2] → 1,470 (+39) [Q3]
3% more capital invested
Capital invested by funds: $53.1B [Q2] → $54.6B (+$1.5B) [Q3]
9% less repeat investments, than reductions
Existing positions increased: 516 | Existing positions reduced: 569
2.66% less ownership
Funds ownership: 78.18% [Q2] → 75.52% (-2.66%) [Q3]
4% less funds holding in top 10
Funds holding in top 10: 25 [Q2] → 24 (-1) [Q3]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
RBC Capital Ashish Sabadra 69% 1-year accuracy 40 / 58 met price target | 24%upside $294 | Outperform Maintained | 10 Jan 2025 |
Piper Sandler Charles Neivert 40% 1-year accuracy 17 / 42 met price target | 14%upside $270 | Overweight Maintained | 7 Jan 2025 |
BMO Capital John McNulty 42% 1-year accuracy 20 / 48 met price target | 22%upside $290 | Outperform Upgraded | 17 Dec 2024 |
Barclays Manav Patnaik 51% 1-year accuracy 21 / 41 met price target | 26%upside $300 | Overweight Maintained | 18 Nov 2024 |
UBS Joshua Spector 59% 1-year accuracy 19 / 32 met price target | 16%upside $276 | Neutral Downgraded | 4 Nov 2024 |
Financial journalist opinion
Based on 4 articles about ECL published over the past 30 days