Caledonia Investments Plc Lifted Stake in Ecolab INC (ECL) as Market Valuation Rose

August 10, 2018 - By Ash Ash

Ecolab Inc. (NYSE:ECL) LogoInvestors sentiment decreased to 0.97 in Q1 2018. Its down 0.05, from 1.02 in 2017Q4. It turned negative, as 45 investors sold ECL shares while 298 reduced holdings. 68 funds opened positions while 264 raised stakes. 211.10 million shares or 1.90% less from 215.19 million shares in 2017Q4 were reported. Eaton Vance Mgmt owns 1.61M shares or 0.54% of their US portfolio. Mackay Shields Limited Liability Corp has 0.04% invested in Ecolab Inc. (NYSE:ECL). Amundi Pioneer Asset Mngmt accumulated 2.81M shares. Dillon & Assocs holds 41,363 shares or 2.19% of its portfolio. Peddock Capital Advisors Llc holds 3,298 shares or 0.24% of its portfolio. Lloyds Public Limited Com stated it has 1.35% of its portfolio in Ecolab Inc. (NYSE:ECL). Loring Wolcott And Coolidge Fiduciary Llp Ma stated it has 460,425 shares. Veritas Invest Mngmt Ltd Liability Partnership owns 710 shares for 0.01% of their portfolio. Mcdonald Ca, California-based fund reported 874,966 shares. Bailard Inc reported 0.05% stake. Gofen & Glossberg Il invested in 201,332 shares. De Burlo Grp Inc stated it has 3,350 shares. Shell Asset Mngmt Comm, a Netherlands-based fund reported 50,726 shares. Franklin Incorporated, a California-based fund reported 3.62 million shares. Intact Inv accumulated 2,200 shares.

Since March 7, 2018, it had 4 buys, and 2 sales for $294.14 million activity. 4,800 shares were sold by Inchaustegui Roberto, worth $659,683. ETTINGER JEFFREY M bought 6,400 shares worth $860,301.

Caledonia Investments Plc increased its stake in Ecolab Inc (ECL) by 118% based on its latest 2018Q1 regulatory filing with the SEC. Caledonia Investments Plc bought 59,000 shares as the company’s stock rose 9.64% while stock markets declined. The institutional investor held 109,000 shares of the package goods and cosmetics company at the end of 2018Q1, valued at $14.94M, up from 50,000 at the end of the previous reported quarter. Caledonia Investments Plc who had been investing in Ecolab Inc for a number of months, seems to be bullish on the $42.43B market cap company. The stock decreased 0.66% or $0.98 during the last trading session, reaching $146.86. About 838,135 shares traded. Ecolab Inc. (NYSE:ECL) has risen 11.05% since August 10, 2017 and is uptrending. It has underperformed by 1.52% the S&P500.

Caledonia Investments Plc, which manages about $357.29M US Long portfolio, decreased its stake in Microsoft Corp (NASDAQ:MSFT) by 100,000 shares to 573,000 shares, valued at $52.30 million in 2018Q1, according to the filing.

More important recent Ecolab Inc. (NYSE:ECL) news were published by: Seekingalpha.com which released: “Ecolab (ECL) Q2 2018 Results – Earnings Call Transcript” on July 31, 2018, also Benzinga.com published article titled: “Ecolab’s Earnings Preview”, Seekingalpha.com published: “Ecolab Inc. 2018 Q2 – Results – Earnings Call Slides” on July 31, 2018. More interesting news about Ecolab Inc. (NYSE:ECL) was released by: Seekingalpha.com and their article: “Ecolab updates guidance” with publication date: July 31, 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 16 analyst reports since February 22, 2018 according to SRatingsIntel. On Wednesday, May 2 the stock rating was downgraded by J.P. Morgan to “Hold”. The firm has “Underweight” rating given on Friday, June 22 by JP Morgan. Credit Suisse maintained Ecolab Inc. (NYSE:ECL) on Wednesday, August 1 with “Neutral” rating. The firm earned “Neutral” rating on Wednesday, May 2 by JP Morgan. The rating was maintained by Canaccord Genuity on Tuesday, April 24 with “Buy”. The firm has “Neutral” rating by Citigroup given on Thursday, February 22. The rating was upgraded by JP Morgan to “Neutral” on Wednesday, August 1. The firm has “Neutral” rating given on Wednesday, May 2 by Credit Suisse. The stock of Ecolab Inc. (NYSE:ECL) earned “Buy” rating by Oppenheimer on Monday, May 7. Nomura maintained the stock with “Neutral” rating in Thursday, June 28 report.

Ecolab Inc. (NYSE:ECL) Institutional Positions Chart

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