In the recent market updates, Boston Common Asset Management LLC divested 33,977 shares of Ecolab Inc., while Park Avenue Securities LLC and Tealwood Asset Management Inc. amplified their holdings. Simultaneously, Hennion & Walsh Asset Management Inc. increased their existing shares; certain entities, including International Assets Investment Management LLC had a reduction. Despite a downturn, Ecolab's position in Bill Gates’ Portfolio appears affirmative. In the previous quarter, Ecolab saw a 1.9% decrease post earnings; however, long-term investors garnered 32% profits over five years.
ECL recently concluded the acquisition of Barclay Water Management, aiming to expand their water safety portfolio. Dividends are seeing an uptick; a strong Q3 earnings report influenced Piper Sandler to set a new target price of $270.00. The bullish sentiment is further underpinned by robust cash flow and earnings expansion, along with promising clean tech, and biotech prospects for sustained growth.
Noteworthy investor events include the upcoming webcast and conference call scheduled for February 2025 and a Q3 2024 earnings call highlighting solid earnings growth. The signs are looking optimistic for ECL with projections indicating strong growth in 2025.
Ecolab ECL News Analytics from Wed, 27 Mar 2024 07:00:00 GMT to Sat, 18 Jan 2025 15:13:41 GMT - Rating 7 - Innovation 5 - Information 8 - Rumor -2
