Yhb Investment Advisors buys $13,343,224 stake in Ecolab (ECL)

Ecolab (ECL) : Yhb Investment Advisors scooped up 24,648 additional shares in Ecolab during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 22, 2016. The investment management firm now holds a total of 111,175 shares of Ecolab which is valued at $13,343,224.Ecolab makes up approximately 2.84% of Yhb Investment Advisors’s portfolio.

Other Hedge Funds, Including , Jnba Financial Advisors reduced its stake in ECL by selling 100 shares or 9.02% in the most recent quarter. The Hedge Fund company now holds 1,009 shares of ECL which is valued at $121,100. Ecolab makes up approx 0.03% of Jnba Financial Advisors’s portfolio.Osborne Partners Capital Management reduced its stake in ECL by selling 3,985 shares or 5.5% in the most recent quarter. The Hedge Fund company now holds 68,411 shares of ECL which is valued at $8,211,372. Ecolab makes up approx 1.18% of Osborne Partners Capital Management’s portfolio.Nisa Investment Advisors boosted its stake in ECL in the latest quarter, The investment management firm added 7,596 additional shares and now holds a total of 116,377 shares of Ecolab which is valued at $14,004,808. Ecolab makes up approx 0.18% of Nisa Investment Advisors’s portfolio.Gillespie Robinson Grimm Inc boosted its stake in ECL in the latest quarter, The investment management firm added 1,090 additional shares and now holds a total of 197,779 shares of Ecolab which is valued at $23,844,236. Ecolab makes up approx 3.71% of Gillespie Robinson Grimm Inc’s portfolio.Chevy Chase Trust Holdings boosted its stake in ECL in the latest quarter, The investment management firm added 22,945 additional shares and now holds a total of 424,543 shares of Ecolab which is valued at $50,605,526. Ecolab makes up approx 0.28% of Chevy Chase Trust Holdings’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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