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David MacLennan, a director at Ecolab Inc . (NYSE:ECL), recently acquired 400 shares of the company’s common stock. The transaction, which took place on February 13, involved a total purchase value of approximately $105,805, with each share priced at $264.514. The purchase comes as Ecolab trades near its 52-week high of $268.00, with InvestingPro data showing the stock currently trading at $266.22. Following this acquisition, MacLennan now directly owns 18,767.18 shares of Ecolab. Additionally, he holds indirect ownership of shares through various trusts, including 3,500 shares via the Kathleen F. MacLennan Revocable Trust and 709 shares through sibling’s trusts. The insider purchase comes as Ecolab maintains a "GREAT" financial health score according to InvestingPro, which offers 12 additional valuable insights about the company’s performance and valuation in its comprehensive Pro Research Report.
In other recent news, Ecolab Inc. has been the focus of several analyst firms, with price targets being revised upwards. BMO Capital Markets raised its price target for Ecolab to $295, citing the company’s potential for double-digit earnings growth. Stifel analysts increased their target to $307, noting Ecolab’s progress towards an 18% operating profit margin by 2025. Citi analysts, meanwhile, revised their target to $305, highlighting Ecolab’s growth prospects in areas such as digital innovations and expansion into high-tech markets.
JPMorgan increased its price target for Ecolab to $260, following the company’s fourth-quarter earnings report for 2024 and its earnings per share (EPS) guidance for 2025. Mizuho (NYSE:MFG) Securities also raised its price target to $302, in line with Ecolab’s 2025 EPS guidance. These recent developments underscore the confidence of analysts in Ecolab’s financial performance and growth trajectory.
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