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)
44% more first-time investments, than exits
New positions opened: 122 | Existing positions closed: 85
3% more funds holding
Funds holding: 1,431 [Q2] → 1,468 (+37) [Q3]
8% more call options, than puts
Call options by funds: $124M | Put options by funds: $114M
3% more capital invested
Capital invested by funds: $52.9B [Q2] → $54.4B (+$1.43B) [Q3]
9% less repeat investments, than reductions
Existing positions increased: 516 | Existing positions reduced: 568
2.74% less ownership
Funds ownership: 77.9% [Q2] → 75.17% (-2.74%) [Q3]
4% less funds holding in top 10
Funds holding in top 10: 25 [Q2] → 24 (-1) [Q3]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
BMO Capital John McNulty 42% 1-year accuracy 20 / 48 met price target | 22%upside $290 | Outperform Upgraded | 17 Dec 2024 |
Barclays Manav Patnaik 59% 1-year accuracy 23 / 39 met price target | 26%upside $300 | Overweight Maintained | 18 Nov 2024 |
UBS Joshua Spector 39% 1-year accuracy 15 / 38 met price target | 16%upside $276 | Neutral Downgraded | 4 Nov 2024 |
RBC Capital Ashish Sabadra 65% 1-year accuracy 34 / 52 met price target | 28%upside $306 | Outperform Reiterated | 30 Oct 2024 |
JP Morgan Jeffrey Zekauskas 37% 1-year accuracy 16 / 43 met price target | 7%upside $255 | Neutral Maintained | 30 Oct 2024 |
Financial journalist opinion
Based on 8 articles about ECL published over the past 30 days