Bath Savings Trust Co buys $11,974,035 stake in Ecolab (ECL)

Ecolab (ECL) : Bath Savings Trust Co scooped up 350 additional shares in Ecolab during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 20, 2016. The investment management firm now holds a total of 99,767 shares of Ecolab which is valued at $11,974,035.Ecolab makes up approximately 3.66% of Bath Savings Trust Co’s portfolio.

Other Hedge Funds, Including , Bremer Trust National Association reduced its stake in ECL by selling 15 shares or 0.44% in the most recent quarter. The Hedge Fund company now holds 3,373 shares of ECL which is valued at $404,827. Ecolab makes up approx 0.11% of Bremer Trust National Association’s portfolio.First National Bank Of Omaha boosted its stake in ECL in the latest quarter, The investment management firm added 80 additional shares and now holds a total of 12,350 shares of Ecolab which is valued at $1,482,371. Ecolab makes up approx 0.11% of First National Bank Of Omaha’s portfolio.Cim boosted its stake in ECL in the latest quarter, The investment management firm added 63 additional shares and now holds a total of 74,912 shares of Ecolab which is valued at $9,014,910. Ecolab makes up approx 4.37% of Cim’s portfolio.Gofen Glossberg Il boosted its stake in ECL in the latest quarter, The investment management firm added 2,547 additional shares and now holds a total of 206,289 shares of Ecolab which is valued at $24,870,202. Ecolab makes up approx 1.02% of Gofen Glossberg Il’s portfolio.

Ecolab closed down -0.11 points or -0.09% at $120.03 with 8,40,490 shares getting traded on Wednesday. Post opening the session at $120.19, the shares hit an intraday low of $119.71 and an intraday high of $120.43 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, Ecolab reported $0.77 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on May 3, 2016. Analyst had a consensus of $0.76. The company had revenue of $3097.40 million for the quarter, compared to analysts expectations of $3119.22 million. The company’s revenue was down -6.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.80 EPS.

Ecolab Inc. provides water hygiene and energy technologies and services. The Company operating segments include Global Industrial Global Institutional Global Energy and Other. The Company’s Global Industrial segment consists of the Water Food and Beverage Paper and Textile Care operating units. Global Institutional segment consists of the Institutional Specialty and Healthcare operating units. The Global Energy segment provides on-site technology-driven solutions to the global drilling oil and gas production refining and petrochemical industries. Other segment consists of the pest elimination and equipment care operating units. The Company’s cleaning and sanitizing programs and products pest elimination services and equipment maintenance and repair services support customers in the foodservice food and beverage processing hospitality healthcare Government and education retail textile care and commercial facilities management sectors in over 170 countries.

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