Trump announces trade deal with EU following months of negotiations
ST. PAUL, MN—Machiel Duijser, Executive Vice President and Chief Supply Chain Officer at Ecolab Inc . (NYSE:ECL), recently sold 5,721 shares of the company’s common stock. The shares were sold at an average price of $264.04, amounting to a total transaction value of approximately $1.51 million. The sale comes as ECL trades near its 52-week high of $268.00, with InvestingPro analysis indicating the stock is currently overvalued. Following this sale on February 13, Duijser holds 3,774 shares in the company.
The transaction was executed in multiple trades, with prices ranging from $264.00 to $264.23. The reported price reflects the weighted average sale price. Additionally, Duijser’s remaining shares include 51 shares acquired through automatic dividend reinvestment, benefiting from ECL’s impressive 39-year streak of consecutive dividend increases.
Ecolab Inc., headquartered in St. Paul, Minnesota, is a global leader in water, hygiene, and energy technologies and services. With a market capitalization of $75.22 billion and robust financials, the company maintains a strong market position. InvestingPro subscribers can access 13 additional key insights and a comprehensive Pro Research Report analyzing ECL’s valuation and growth prospects.
In other recent news, Ecolab Inc. has seen a series of price target upgrades from various firms. BMO Capital Markets raised its target to $295, citing the firm’s potential for consistent double-digit earnings per share (EPS) growth through 2027. Stifel analysts increased their target to $307, highlighting Ecolab’s progress towards surpassing the 18% operating profit margin threshold by 2025. Citi analysts increased their target to $305, noting Ecolab’s growth prospects driven by factors such as volume growth, advancements in Life Sciences, and digital innovations. JPMorgan raised its target to $260, following Ecolab’s fourth-quarter earnings report for 2024 and its EPS guidance for 2025. Finally, Mizuho (NYSE:MFG) Securities lifted its target to $302, reflecting confidence in Ecolab’s potential for higher earnings. These are recent developments that underline the company’s robust financial performance and growth trajectory.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.