Ecolab INC (ECL) Shareholder Mairs & Power INC Has Trimmed Its Stake by $41.19 Million as Stock Value Rose

Ecolab Inc. (NYSE:ECL) LogoInvestors sentiment increased to 1.06 in Q2 2018. Its up 0.09, from 0.97 in 2018Q1. It improved, as 30 investors sold ECL shares while 302 reduced holdings. 84 funds opened positions while 267 raised stakes. 210.60 million shares or 0.24% less from 211.10 million shares in 2018Q1 were reported. Hanson And Doremus Investment Mgmt has 0.02% invested in Ecolab Inc. (NYSE:ECL) for 340 shares. Washington Retail Bank owns 0.03% invested in Ecolab Inc. (NYSE:ECL) for 1,354 shares. Korea-based Pension Ser has invested 0.17% in Ecolab Inc. (NYSE:ECL). Mitsubishi Ufj Trust Banking Corp invested in 0.13% or 552,056 shares. 5,364 are held by Stanley. Connable Office has 12,105 shares. United Fincl Advisers Ltd Limited Liability Company holds 0.05% in Ecolab Inc. (NYSE:ECL) or 45,117 shares. Gamble Jones Counsel accumulated 8,382 shares or 0.12% of the stock. Amer Research reported 0.02% of its portfolio in Ecolab Inc. (NYSE:ECL). Principal Financial Group owns 489,392 shares for 0.06% of their portfolio. Vanguard Inc holds 0.13% or 21.83 million shares in its portfolio. Azimuth Cap Management Ltd invested in 0.04% or 3,915 shares. Bingham Osborn Scarborough Limited Liability holds 0.02% or 1,451 shares in its portfolio. 8,146 were accumulated by Reliance Of Delaware. Gulf Savings Bank (Uk) Ltd holds 84,848 shares or 0.15% of its portfolio.

Since August 27, 2018, it had 0 buys, and 6 sales for $17.47 million activity. Berger Larry L had sold 9,317 shares worth $1.43 million. Another trade for 8,700 shares valued at $1.30 million was sold by HIGGINS ARTHUR J. Mulhere Timothy P had sold 9,800 shares worth $1.50 million. Hickey Michael A sold 32,468 shares worth $5.06M. Shares for $6.41M were sold by BAKER DOUGLAS M JR.

Mairs & Power Inc decreased its stake in Ecolab Inc (ECL) by 10.79% based on its latest 2018Q2 regulatory filing with the SEC. Mairs & Power Inc sold 294,234 shares as the company’s stock rose 7.61% with the market. The institutional investor held 2.43 million shares of the package goods and cosmetics company at the end of 2018Q2, valued at $341.26 million, down from 2.73M at the end of the previous reported quarter. Mairs & Power Inc who had been investing in Ecolab Inc for a number of months, seems to be less bullish one the $44.51 billion market cap company. The stock decreased 2.21% or $3.48 during the last trading session, reaching $154.07. About 877,509 shares traded. Ecolab Inc. (NYSE:ECL) has risen 19.80% since December 8, 2017 and is uptrending. It has outperformed by 4.18% the S&P500.

Mairs & Power Inc, which manages about $7.72 billion and $8.06B US Long portfolio, upped its stake in Coresite Realty Corp (NYSE:COR) by 106,963 shares to 805,086 shares, valued at $89.22M in 2018Q2, according to the filing. It also increased its holding in Alphabet Inc Class C by 30,876 shares in the quarter, for a total of 237,662 shares, and has risen its stake in Visa Inc (NYSE:V).

Analysts await Ecolab Inc. (NYSE:ECL) to report earnings on February, 19. They expect $1.55 EPS, up 11.51 % or $0.16 from last year’s $1.39 per share. ECL’s profit will be $447.76 million for 24.85 P/E if the $1.55 EPS becomes a reality. After $1.53 actual EPS reported by Ecolab Inc. for the previous quarter, Wall Street now forecasts 1.31 % EPS growth.

More notable recent Ecolab Inc. (NYSE:ECL) news were published by: Bizjournals.com which released: “Ecolab buying U.K.’s Bioquell – Minneapolis / St. Paul Business Journal – Minneapolis / St. Paul Business Journal” on November 30, 2018, also Streetinsider.com with their article: “Ecolab (ECL) Reports Offer to Acquire Bioquell PLC – StreetInsider.com” published on November 30, 2018, Fool.com published: “8,545 Reasons to Closely Watch These 2 Oil Stocks in 2019 – The Motley Fool” on November 23, 2018. More interesting news about Ecolab Inc. (NYSE:ECL) were released by: Seekingalpha.com and their article: “Stocks To Watch: Favorable Trade Winds? – Seeking Alpha” published on December 01, 2018 as well as Globenewswire.com‘s news article titled: “Analysis: Positioning to Benefit within News Corporation, DURECT, Ecolab, MiX Telematics, Ship Finance International, and BCE — Research Highlights Growth, Revenue, and Consolidated Results – GlobeNewswire” with publication date: November 30, 2018.

Ecolab Inc. (NYSE:ECL) Ratings Coverage

Among 9 analysts covering Ecolab (NYSE:ECL), 3 have Buy rating, 1 Sell and 5 Hold. Therefore 33% are positive. Ecolab had 14 analyst reports since June 22, 2018 according to SRatingsIntel. The firm has “Outperform” rating by Oppenheimer given on Tuesday, August 7. The rating was maintained by Nomura on Thursday, June 28 with “Neutral”. JP Morgan upgraded the shares of ECL in report on Wednesday, August 1 to “Neutral” rating. The stock has “Underweight” rating by JP Morgan on Friday, June 22. The firm has “Market Perform” rating given on Thursday, November 1 by BMO Capital Markets. The company was maintained on Wednesday, August 1 by Credit Suisse. The company was upgraded on Wednesday, October 31 by JP Morgan. The company was downgraded on Wednesday, November 21 by Oppenheimer. Barclays Capital maintained Ecolab Inc. (NYSE:ECL) on Wednesday, October 24 with “Overweight” rating. The firm earned “Sell” rating on Friday, June 22 by J.P. Morgan.

Ecolab Inc. (NYSE:ECL) Institutional Positions Chart

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