Ecolab (NYSE:ECL): Neutral Rating was Reiterated by Professional Analysts at Nomura; with Price Objective of $146.

June 29, 2018 - By Samuel McNeil

Ecolab Inc. (NYSE:ECL) Corporate Logo

During Q1 2018 the big money sentiment decreased to 0.97. That’s change of 0.05, from 2017Q4’s 1.02. 45 investors sold all, 298 reduced holdings as Ecolab Inc. ratio turned negative. 264 rose positions while 68 funds acquired positions. Funds hold 211.10 million shares thus 1.90% less from 2017Q4’s 215.19 million shares.

Eads & Heald Counsel invested in 14,485 shs. Bradley Foster And Sargent Ct holds 44,681 shs or 0.23% of its capital. Cibc Financial Bank Usa holds 0.04% or 1,928 shs. Covington Capital holds 0.1% of its capital in Ecolab Inc. (NYSE:ECL) for 11,349 shs. Ogorek Anthony Joseph New York Adv owns 72 shs or 0.01% of their US capital. Tiedemann Ltd Llc accumulated 5,658 shs. Addenda Cap owns 4,153 shs. Atwood And Palmer Inc stated it has 867 shs. Gemmer Asset Mgmt Ltd Limited Liability Company holds 0% or 45 shs in its capital. First Natl Bank reported 0.84% of its capital in Ecolab Inc. (NYSE:ECL). Tradewinds Cap Ltd Llc holds 0.01% of its capital in Ecolab Inc. (NYSE:ECL) for 125 shs. Moreover, Virtu Ltd Liability has 0.02% invested in Ecolab Inc. (NYSE:ECL) for 3,087 shs. Legacy Private Trust Com reported 51,660 shs. New York-based Metropolitan Life Insur has invested 0% in Ecolab Inc. (NYSE:ECL). Vantage Invest Advsrs Ltd Liability Com holds 0% or 15 shs.

Ecolab Inc. registered $294.14 million net activity with 4 insider buys and 2 selling transactions since March 7, 2018. ETTINGER JEFFREY M bought $860,301 worth of stock. Inchaustegui Roberto had sold 4,800 shs worth $659,683.

Reiterated Ecolab (NYSE:ECL) Rating.

The $146 TP on the $40.73B market cap company given by Expert analysts at Nomura would suggest a potential upside of 3.41 %. The Ecolab (NYSE:ECL)‘s stock had its Neutral Rating released in analysts note on 28 June.

Ecolab Inc. (NYSE:ECL) Ratings Coverage

A total of 14 analysts rate Ecolab Inc (NYSE:ECL) as follows: 5 “Buy”, 7 “Hold” and 2 “Sell”. Тherefore 36% are bullish. (NYSE:ECL) has 21 ratings reports on Jun 29, 2018 according to StockzIntelligence. On Tuesday, March 27 the stock has “Buy” rating by BMO Capital Markets. On Friday, June 22 JP Morgan downgraded the shares of ECL in report to “Underweight” rating. On Thursday, April 19 the firm has “Neutral” rating by Nomura given. On Tuesday, May 8 the stock of Ecolab Inc. (NYSE:ECL) earned “Hold” rating by Deutsche Bank. On Friday, January 5 the stock of Ecolab Inc. (NYSE:ECL) earned “Hold” rating by Citigroup. The stock rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, January 24. The stock rating was maintained by Credit Suisse with “Neutral” on Wednesday, May 2. On Tuesday, January 23 the stock of Ecolab Inc. (NYSE:ECL) earned “Hold” rating by Jefferies. On Thursday, February 22 the firm earned “Neutral” rating by Citigroup. On Monday, May 7 Oppenheimer maintained Ecolab Inc. (NYSE:ECL) with “Buy” rating.

Ticker’s shares touched $141.18 during the last trading session after 0.79% change.Ecolab Inc. has volume of 313,061 shares. Since June 29, 2017 ECL has risen 11.05% and is uptrending. The stock underperformed the S&P 500 by 1.52%.

Investors expect Ecolab Inc. (NYSE:ECL)’s quarterly earnings on August, 7., RTT reports. Analysts predict $1.27 earnings per share, which is $0.14 up or 12.39 % from 2017’s $1.13 earnings per share. This could reach $366.42M profit for ECL assuming the current $1.27 earnings per share will become reality. 39.56 % EPS growth is what analysts predict. $0.91 earnings per share was revealed for last quarter.

Ecolab Inc. provides water, hygiene, and energy technologies and services for clients worldwide.The company has $40.73 billion market cap. The firm operates through Global Industrial, Global Institutional, and Global Energy divisions.The P/E ratio is 27.61. 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.

Another two news for Ecolab Inc. (NYSE:ECL) were briefly announced by: Seekingalpha.com on June 05, 2018 with title “Honeywell, Dover among companies exiting Iran presence before sanctions”. The other Investorplace.com‘s article was titled “Best ETFs for 2018: Invesco Water Resources ETF is Worth the Wait” and announced on June 29, 2018.

Ecolab Inc. (NYSE:ECL) Institutional Investors Chart

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