Welcome to our dedicated news page for Ecolab (Ticker: ECL), a resource for investors and traders seeking the latest updates and insights on Ecolab.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Ecolab's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Ecolab's position in the market.
Rhea-AI Summary
Ecolab Inc. appoints Judson Althoff, Microsoft's Chief Commercial Officer, to its Board of Directors. Althoff brings global leadership and technology expertise to drive digital innovation and long-term growth for Ecolab.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.19%
Tags
-
Rhea-AI Summary
Ecolab Inc. (NYSE: ECL) reported strong fourth-quarter results with sales of $3.9 billion, a 7% increase year-over-year. Organic sales grew by 6%, driven by double-digit growth in the Institutional & Specialty segment and Pest Elimination. Operating income rose by 48%, with organic operating income up 21%. Adjusted diluted EPS increased by 22% to $1.55. The company expects adjusted diluted EPS for Q1 2024 to be in the range of $1.27 to $1.37, a 44% to 56% increase year-over-year, and full-year 2024 EPS to be in the range of $6.10 to $6.50, a 17% to 25% increase over the previous year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.97%
Tags
-
Rhea-AI Summary
Ecolab Inc. has been recognized for its leadership in corporate transparency and performance on climate change and water security by global environmental non-profit CDP, securing a place on its annual 'A List'. Ecolab achieved an A rating for both climate change and water security, placing it in the top 1% of over 23,000 companies assessed. This marks the fifth consecutive year of being recognized for water security and the third consecutive year for climate. The company's Chairman and CEO, Christophe Beck, emphasized Ecolab's commitment to doing the right things the right way, fulfilling their mission to protect the world's most vital resources. CDP's scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable, and resilient economy, with over 740 financial institutions with over US$136 trillion in assets asking companies to disclose data on environmental impacts, risks, and opportunities through CDP's platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.25%
Tags
Rhea-AI Summary
Ford Pro™ and Ecolab are collaborating to electrify Ecolab's North American sales and service fleet by 2030, starting with over 1,000 Ford F-150® Lightning® Pro trucks and Mustang® Mach-E® SUVs in California. The move is part of Ecolab's 2030 Impact Goals and net positive climate impacts. The partnership aims to save approximately $1,400 in annual fuel costs per 2023 Ford F-150 Lightning Pro truck. Ecolab plans to leverage Ford Pro's full suite of vehicles, charging, software, service, and financing solutions to streamline the path to electrification.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.75%
Tags
-
Rhea-AI Summary
Ecolab (ECL) to Host Live Webcast for Fourth Quarter Earnings Conference Call on February 13, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
Tags
-
Rhea-AI Summary
Ecolab Inc. (ECL) has once again earned a place on the annual Dow Jones Sustainability Indices (DJSI) for its continued competitive sustainability performance. Out of more than 13,800 companies invited to participate, Ecolab is one of roughly 300 companies across all sectors and one of 26 companies in the chemical sector named to the World Index. This is the fourth consecutive year that Ecolab has been recognized on the World Index and the ninth consecutive year on the North America Index. The company's 2030 Impact Goals and continued progress demonstrate its commitment to building a positive future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.06%
Tags
Rhea-AI Summary
Ecolab Inc. (ECL) announces an 8% increase in its quarterly cash dividend to $0.57 per common share, marking the 32nd consecutive annual dividend rate increase. The new indicated annual cash dividend for 2024 is $2.28 per share. Ecolab has a history of paying cash dividends for 87 consecutive years. The company's Chairman and CEO, Christophe Beck, attributes the dividend increase to strong business momentum, excellent cash flow, and a commitment to historical dividend payout ratio levels.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
Tags
-
Rhea-AI Summary
ACCO Brands Corporation (NYSE: ACCO) announced the election of Beth Simermeyer to the Board of Directors, effective December 5, 2023. Ms. Simermeyer brings substantial business leadership experience in marketing, transformation, innovation, growth acceleration, acquisitions, and top and bottom-line delivery in the consumer goods, industrial, and healthcare sectors. She has a proven track record of success and has held several senior brand and general management roles throughout her career.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.25%
Tags
-
Rhea-AI Summary
Ecolab Inc.'s chairman and CEO, Christophe Beck, will address financial analysts at the Baird Global Industrial Conference on November 7. The webcast of Mr. Beck's presentation will be available on Ecolab's Investor website. The webcast will last approximately 30 minutes and a replay will be available until December 1, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
Tags
Rhea-AI Summary
Ecolab reported sales of $4.0 billion in the third quarter, representing an 8% increase compared to last year. Organic sales also grew by 7%, driven by double-digit growth in the Institutional & Specialty segment and Pest Elimination division. Reported operating income increased by 17%, while organic operating income saw a 20% growth. Adjusted diluted EPS for the quarter was $1.54, an 18% increase from the previous year. Ecolab expects adjusted diluted earnings per share in the range of $1.48 to $1.58 for the fourth quarter of 2023, representing a 17% to 24% increase compared to the previous year. The company also anticipates mid-teens or better growth in adjusted diluted earnings per share for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.4%
Tags
Ecolab, Inc.
NYSE:ECL
ECL Rankings
ECL Stock Data
64.83B
254.13M
0.18%
89.9%
0.71%
Polish and Other Sanitation Good Manufacturing
Manufacturing
United States of America
SAINT PAUL
About ECL
a trusted partner at more than one million customer locations, ecolab (ecl) is the global leader in water, hygiene and energy technologies and services that protect people and vital resources. with 2013 sales of $13 billion and 45,000 associates, ecolab delivers comprehensive solutions and on-site service to promote safe food, maintain clean environments, optimize water and energy use, and improve operational efficiencies for customers in more than 170 countries around the world. for more ecolab news and information, visit www.ecolab.com, or follow us on twitter.com/ecolab and facebook.com/ecolab.