JPMorgan reports 14.4M-share Ecolab Inc. (NYSE: ECL) stake at 5.1%

Rhea-AI Filing Summary

JPMorgan Chase & Co. reports beneficial ownership of 14,448,038 shares of Ecolab Inc. common stock, representing 5.1% of the class.

The firm has sole voting power over 13,045,413 shares and shared voting power over 156,195 shares. It holds sole dispositive power over 14,364,448 shares and shared dispositive power over 82,687 shares, with positions held through multiple JPMorgan subsidiaries.

Key Figures

Beneficial ownership: 14,448,038 shares Percent of class: 5.1 % Sole voting power: 13,045,413.00 shares +3 more

6 metrics

Beneficial ownership 14,448,038 shares Shares of Ecolab common stock beneficially owned by JPMorgan Chase & Co.

Percent of class 5.1 % Portion of Ecolab common stock class beneficially owned by JPMorgan Chase & Co.

Sole voting power 13,045,413.00 shares Ecolab shares for which JPMorgan has sole power to vote or direct the vote.

Shared voting power 156,195.00 shares Ecolab shares for which JPMorgan has shared power to vote or direct the vote.

Sole dispositive power 14,364,448.00 shares Ecolab shares for which JPMorgan has sole power to dispose or direct disposition.

Shared dispositive power 82,687.00 shares Ecolab shares for which JPMorgan has shared power to dispose or direct disposition.

Key Terms

beneficially owned, sole power to vote or to direct the vote, sole power to dispose or to direct the disposition, parent holding company, +1 more

5 terms

beneficially owned financial

"Item 4(a) lists an amount beneficially owned of 14,448,038 shares."

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole power to vote or to direct the vote financial

"Number of shares with sole power to vote or to direct the vote is 13,045,413."

sole power to dispose or to direct the disposition financial

"Sole power to dispose or to direct the disposition covers 14,364,448 shares."

parent holding company regulatory

"Identification and classification of the subsidiary being reported on by the parent holding company."

subsidiary financial

"The report lists multiple JPMorgan subsidiaries that acquired the security being reported."

A subsidiary is a company that is controlled or owned by a larger company, known as the parent company. Think of it like a branch or division of a bigger organization; it operates separately but is ultimately guided by the parent. For investors, understanding subsidiaries helps clarify how a larger company is structured and where its resources and risks are concentrated.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 07/16/2026 - 04:05 PM Accepted by SEC EDGAR 07/16/2026 - 04:04 PM Learn about SEC filing dates

FAQ

How many Ecolab (ECL) shares does JPMorgan Chase & Co. beneficially own?

JPMorgan Chase & Co. reports beneficial ownership of 14,448,038 Ecolab common shares. This institutional position is disclosed as a single aggregated stake across multiple JPMorgan subsidiaries that together hold the reported Ecolab equity interest.

What percentage of Ecolab (ECL) is owned by JPMorgan according to this report?

The report shows JPMorgan beneficially owning 5.1% of Ecolab’s common stock class. This percentage reflects the combined holdings of JPMorgan and its listed subsidiaries in Ecolab’s outstanding common shares.

What voting power does JPMorgan have over its Ecolab (ECL) shares?

JPMorgan has sole voting power over 13,045,413 Ecolab shares and shared voting power over 156,195 shares. These figures indicate how many shares JPMorgan can vote alone versus in conjunction with other parties.

What dispositive power does JPMorgan hold over Ecolab (ECL) shares?

JPMorgan has sole dispositive power over 14,364,448 Ecolab shares and shared dispositive power over 82,687 shares. Dispositive power refers to authority to determine whether and how the shares may be sold or otherwise transferred.

Which JPMorgan entities are involved in holding Ecolab (ECL) shares?

The stake is held through several JPMorgan subsidiaries, including J.P. Morgan Trust Company of Delaware, JPMorgan Chase Bank, National Association, J.P. Morgan Securities LLC, and various JPMorgan Asset Management entities listed in the ownership report.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

ECOLAB INC.

(Name of Issuer)

Common Stock, $1.00 par value

(Title of Class of Securities)

278865100

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 278865100

1

Names of Reporting Persons

JPMORGAN CHASE & CO

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 13,045,413.00
6	Shared Voting Power 156,195.00
7	Sole Dispositive Power 14,364,448.00
8	Shared Dispositive Power 82,687.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

14,448,038.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.1 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ECOLAB INC.
(b)	Address of issuer's principal executive offices: 1 ECOLAB PLACE, SAINT PAUL, MINNESOTA, 55102.
Item 2.
(a)	Name of person filing: JPMORGAN CHASE & CO.
(b)	Address or principal business office or, if none, residence: 270 Park Avenue, New York, NY 10017
(c)	Citizenship: DE
(d)	Title of class of securities: Common Stock, $1.00 par value
(e)	CUSIP Number(s): 278865100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 14,448,038
(b)	Percent of class: 5.1 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 13,045,413
	(ii) Shared power to vote or to direct the vote: 156,195
	(iii) Sole power to dispose or to direct the disposition of: 14,364,448
	(iv) Shared power to dispose or to direct the disposition of: 82,687
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. J.P. Morgan Trust Company of Delaware; J.P. Morgan Securities LLC; JPMorgan Chase Bank, National Association; JPMorgan Asset Management (Asia Pacific) Limited; JPMorgan Asset Management (Singapore) Limited; JPMorgan Asset Management (UK) Limited; J.P. MORGAN SE; J.P. Morgan (Suisse) SA; JPMorgan Asset Management Holdings Inc.; J.P. Morgan Investment Management Inc.; J.P. Morgan Mansart Management Limited; J.P. Morgan Private Investments Inc.; JPMorgan Asset Management (China) Company Limited; J.P. Morgan Wealth Management Solutions Inc.; 55I, LLC
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

JPMORGAN CHASE & CO

Signature:	Rachel Tsvaygoft
Name/Title:	Vice President
Date:	07/16/2026