Armstrong Henry H Associates Inc adds Ecolab (ECL) to its portfolio

Ecolab (ECL) : Armstrong Henry H Associates Inc added new position in Ecolab during the most recent quarter end. The investment management firm now holds 4,188 shares of Ecolab which is valued at $499,251 , the company said in a statement filed on Jul 26, 2016 with the SEC.Ecolab makes up approximately 0.10% of Armstrong Henry H Associates Inc’s portfolio.

Other Hedge Funds, Including , Pggm Investments boosted its stake in ECL in the latest quarter, The investment management firm added 247,406 additional shares and now holds a total of 569,175 shares of Ecolab which is valued at $67,851,352. Ecolab makes up approx 0.34% of Pggm Investments’s portfolio.Dynamic Advisors Solutions reduced its stake in ECL by selling 60 shares or 0.96% in the most recent quarter. The Hedge Fund company now holds 6,174 shares of ECL which is valued at $741,003. Ecolab makes up approx 0.29% of Dynamic Advisors Solutions’s portfolio. Parametrica Management Ltd added ECL to its portfolio by purchasing 3,078 company shares during the most recent quarter which is valued at $369,422. Ecolab makes up approx 0.53% of Parametrica Management Ltd’s portfolio.Arcadia Investment Management Corpmi reduced its stake in ECL by selling 1,788 shares or 2.55% in the most recent quarter. The Hedge Fund company now holds 68,227 shares of ECL which is valued at $8,210,437. Ecolab makes up approx 2.59% of Arcadia Investment Management Corpmi’s portfolio.Mitchell Mcleod Pugh Williams Inc reduced its stake in ECL by selling 850 shares or 16.87% in the most recent quarter. The Hedge Fund company now holds 4,188 shares of ECL which is valued at $503,984. Ecolab makes up approx 0.37% of Mitchell Mcleod Pugh Williams Inc’s portfolio.

Ecolab closed down -0.75 points or -0.63% at $118.38 with 9,82,683 shares getting traded on Friday. Post opening the session at $118.81, the shares hit an intraday low of $117.61 and an intraday high of $118.855 and the price fluctuated in this range throughout the day.Shares ended Friday 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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