Ecolab Inc. ($ECL) is a global leader in water treatment, hygiene, and infection-prevention solutions, with a market cap of around $77.9 billion. The company serves various industries and has over 48,000 employees in 170 countries. ECL stock has outperformed the Materials Select Sector SPDR Fund ($XLB) over the past three months, with a 1.4% decline. Recently, Ecolab announced the launch of its Cooling as a Service program, which boosted its shares by 1.3%. Despite its strong performance, analysts remain cautiously optimistic about ECL stock, giving it a consensus rating of “Moderate Buy” with a mean price target of $294.

Read more at Barchart: Is ECL Outperforming the Material Sector?