Capital Counsel LLC Boosted Its Ecolab INC Com (ECL) Stake

September 17, 2017 - By Richard Conner

Investors sentiment increased to 1.12 in Q4 2016. Its up 0.31, from 0.81 in 2016Q3. It improved, as 43 investors sold ECL shares while 275 reduced holdings. 80 funds opened positions while 275 raised stakes. 211.32 million shares or 0.80% more from 209.64 million shares in 2016Q3 were reported. Howe Rusling accumulated 39 shares. Wellington Mngmt Llp invested in 5.53M shares. Oak Ridge Invests Limited stated it has 102,725 shares or 0.39% of all its holdings. Moreover, Altavista Wealth Management has 0.84% invested in Ecolab Inc. (NYSE:ECL) for 13,194 shares. Norinchukin Bancorporation The holds 0.34% in Ecolab Inc. (NYSE:ECL) or 123,870 shares. Rockland Trust owns 71,405 shares for 1.34% of their portfolio. Natixis Asset Mngmt holds 97,214 shares or 1.07% of its portfolio. Fcm Investments Tx stated it has 1,100 shares. Tompkins Financial Corp reported 3,391 shares. Commonwealth Equity Inc invested 0.03% of its portfolio in Ecolab Inc. (NYSE:ECL). Moreover, Ativo Capital Mgmt Ltd Com has 0.41% invested in Ecolab Inc. (NYSE:ECL). Credit Agricole S A invested in 0.09% or 245,562 shares. Live Your Vision Llc invested in 0% or 50 shares. 1St Advsr accumulated 0.22% or 14,731 shares. Amp Capital Investors Ltd accumulated 186,640 shares.

Since May 4, 2017, it had 1 insider purchase, and 4 sales for $5.27 million activity. $1.80 million worth of stock was sold by Hickey Michael A on Tuesday, May 30. The insider Taylor Stephen M sold 23,151 shares worth $3.08 million. Shares for $631,655 were bought by Casale Carl M on Thursday, May 4. Beck Christophe also sold $884,565 worth of Ecolab Inc. (NYSE:ECL) on Wednesday, May 17.

Capital Counsel Llc increased its stake in Ecolab Inc Com (ECL) by 16.06% based on its latest 2016Q4 regulatory filing with the SEC. Capital Counsel Llc bought 29,454 shares as the company’s stock rose 2.53% with the market. The institutional investor held 212,909 shares of the package goods and cosmetics company at the end of 2016Q4, valued at $24.96M, up from 183,455 at the end of the previous reported quarter. Capital Counsel Llc who had been investing in Ecolab Inc Com for a number of months, seems to be bullish on the $37.92 billion market cap company. The stock increased 0.03% or $0.04 on September 15, reaching $131.05. About 1.21M shares traded or 45.50% up from the average. Ecolab Inc. (NYSE:ECL) has risen 9.41% since September 17, 2016 and is uptrending. It has underperformed by 7.29% the S&P500.

Capital Counsel Llc, which manages about $2.48B and $966.97 million US Long portfolio, decreased its stake in Idexx Labs Inc Com (NASDAQ:IDXX) by 28,982 shares to 786,956 shares, valued at $92.29M in 2016Q4, according to the filing. It also reduced its holding in Express Scripts Holding Co (NASDAQ:ESRX) by 172,236 shares in the quarter, leaving it with 1.38M shares, and cut its stake in Air Lease Corp Class A (NYSE:AL).

More notable recent Ecolab Inc. (NYSE:ECL) news were published by: Nasdaq.com which released: “April 2018 Options Now Available For Ecolab (ECL)” on August 21, 2017, also Seekingalpha.com with their article: “Ecolab: Clean But Not Cheap” published on August 22, 2017, Streetinsider.com published: “Ecolab Inc. (ECL) PT Lowered to $117 at Nomura/Instinet Following Investor Day” on September 12, 2017. More interesting news about Ecolab Inc. (NYSE:ECL) were released by: Businesswire.com and their article: “Ecolab Named to Dow Jones Sustainability North America Index for Third …” published on September 08, 2017 as well as Zacks.com‘s news article titled: “Why Is Ecolab (ECL) Up 1.5% Since the Last Earnings Report?” with publication date: September 01, 2017.

Ecolab Inc. (NYSE:ECL) Ratings Coverage

Among 20 analysts covering Ecolab (NYSE:ECL), 10 have Buy rating, 1 Sell and 9 Hold. Therefore 50% are positive. Ecolab has $145 highest and $93 lowest target. $130’s average target is -0.80% below currents $131.05 stock price. Ecolab had 45 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by Oppenheimer with “Outperform” on Tuesday, January 19. The firm has “Outperform” rating by Macquarie Research given on Friday, August 26. As per Monday, October 19, the company rating was downgraded by Deutsche Bank. The firm earned “Hold” rating on Wednesday, September 6 by Stifel Nicolaus. Nomura upgraded it to “Neutral” rating and $118 target in Monday, April 3 report. Longbow downgraded the stock to “Neutral” rating in Wednesday, February 22 report. As per Monday, April 3, the company rating was upgraded by Instinet. The rating was maintained by Oppenheimer with “Outperform” on Tuesday, November 3. Credit Suisse reinitiated Ecolab Inc. (NYSE:ECL) on Thursday, March 24 with “Neutral” rating. Canaccord Genuity maintained it with “Buy” rating and $145 target in Wednesday, August 2 report.

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