Ecolab Inc Sentiment Worsening on Low Stock Potential

Ecolab Inc. (NYSE:ECL) Logo

Sentiment for Ecolab Inc (NYSE:ECL)

Ecolab Inc (NYSE:ECL) institutional sentiment decreased to 0.97 in 2019 Q2. Its down -0.11, from 1.08 in 2019Q1. The ratio dropped, as 364 active investment managers opened new and increased positions, while 375 decreased and sold their stakes in Ecolab Inc. The active investment managers in our partner’s database reported: 208.43 million shares, up from 204.31 million shares in 2019Q1. Also, the number of active investment managers holding Ecolab Inc in their top 10 positions increased from 43 to 48 for an increase of 5. Sold All: 32 Reduced: 343 Increased: 273 New Position: 91.

Ecolab Inc. provides water, hygiene, and energy technologies and services for clients worldwide. The company has market cap of $57.23 billion. The firm operates in three divisions: Global Industrial, Global Institutional, and Global Energy. It has a 38.84 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.

The stock increased 0.57% or $1.12 during the last trading session, reaching $198.89. About 897,279 shares traded. Ecolab Inc. (NYSE:ECL) has risen 43.34% since September 13, 2018 and is uptrending. It has outperformed by 43.34% the S&P500.

Analysts await Ecolab Inc. (NYSE:ECL) to report earnings on October, 29. They expect $1.72 earnings per share, up 12.42 % or $0.19 from last year’s $1.53 per share. ECL’s profit will be $494.93M for 28.91 P/E if the $1.72 EPS becomes a reality. After $1.42 actual earnings per share reported by Ecolab Inc. for the previous quarter, Wall Street now forecasts 21.13 % EPS growth.

Mcdonald Capital Investors Inc Ca holds 11.82% of its portfolio in Ecolab Inc. for 735,853 shares. C Worldwide Group Holding A S owns 3.14 million shares or 7.72% of their US portfolio. Moreover, Dudley & Shanley Inc. has 7.15% invested in the company for 149,995 shares. The Wisconsin-based Jacobson & Schmitt Advisors Llc has invested 6.26% in the stock. Rothschild Capital Partners Llc, a Maryland-based fund reported 62,271 shares.

Ecolab Inc. (NYSE:ECL) Ratings Coverage

Ratings analysis reveals 43% of Ecolab’s analysts are positive. Out of 7 Wall Street analysts rating Ecolab, 3 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $18000 while the high is $210. The stock’s average target of $202.57 is 1.85% above today’s ($198.89) share price. ECL was included in 13 notes of analysts from April 18, 2019. BMO Capital Markets maintained the stock with “Market Perform” rating in Thursday, May 2 report. The firm has “Neutral” rating by UBS given on Thursday, April 18. The firm has “Buy” rating by Nomura given on Thursday, April 18. The firm earned “Equal-Weight” rating on Monday, August 12 by Morgan Stanley. Nomura maintained it with “Buy” rating and $21000 target in Wednesday, August 7 report. The stock of Ecolab Inc. (NYSE:ECL) has “Neutral” rating given on Wednesday, May 1 by UBS. The company was maintained on Monday, August 5 by BMO Capital Markets. Canaccord Genuity maintained the stock with “Buy” rating in Wednesday, May 1 report. The company was maintained on Thursday, May 2 by Nomura. Citigroup maintained Ecolab Inc. (NYSE:ECL) rating on Friday, August 2. Citigroup has “Neutral” rating and $20600 target.

More recent Ecolab Inc. (NYSE:ECL) news were published by: Seekingalpha.com which released: “ESG Investing: The Case Of Ecolab – Seeking Alpha” on August 20, 2019. Also Finance.Yahoo.com published the news titled: “Why You Should Like Ecolab Inc.’s (NYSE:ECL) ROCE – Yahoo Finance” on August 29, 2019. Finance.Yahoo.com‘s news article titled: “There’s A Lot To Like About Ecolab Inc.’s (NYSE:ECL) Upcoming 0.2% Dividend – Yahoo Finance” with publication date: September 11, 2019 was also an interesting one.

Ecolab Inc. (NYSE:ECL) Institutional Positions Chart

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