ECOLAB INC

Ticker: ECL CUSIP: 278865100 Class: COM

Cardinal Capital Management's Holding History (CIK: 0001434845)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 42,993 Value ($000) $11,318 Avg Close $265.71 Range $251.04 - $281.41

Q3 2025

Shares 42,853 Value ($000) $11,763 Avg Close $270.32 Range $253.71 - $284.56

Q2 2025

Shares 42,793 Value ($000) $11,558 Avg Close $252.35 Range $219.93 - $269.19

Q1 2025

Shares 42,061 Value ($000) $10,690 Avg Close $249.61 Range $225.31 - $270.90

Q4 2024

Shares 41,799 Value ($000) $9,821 Avg Close $245.53 Range $230.70 - $259.26

Q3 2024

Shares 41,293 Value ($000) $10,567 Avg Close $241.07 Range $217.65 - $253.31

Q2 2024

Shares 40,938 Value ($000) $9,766 Avg Close $227.14 Range $213.29 - $242.24

Q1 2024

Shares 40,910 Value ($000) $9,468 Avg Close $207.94 Range $189.63 - $227.85

Q4 2023

Shares 38,338 Value ($000) $7,626 Avg Close $175.85 Range $153.18 - $197.06

Q3 2023

Shares 38,404 Value ($000) $6,526 Avg Close $177.30 Range $163.22 - $186.52

Q2 2023

Shares 37,917 Value ($000) $7,099 Avg Close $167.31 Range $156.95 - $182.94

Q1 2023

Shares 37,492 Value ($000) $6,226 Avg Close $150.99 Range $139.35 - $161.29

Q4 2022

Shares 36,961 Value ($000) $5,380 Avg Close $141.81 Range $126.42 - $153.48

Q3 2022

Shares 36,695 Value ($000) $5,299 Avg Close $156.07 Range $138.29 - $171.23

Q2 2022

Shares 35,903 Value ($000) $5,520 Avg Close $158.99 Range $137.82 - $177.76

Q1 2022

Shares 35,319 Value ($000) $6,236 Avg Close $179.54 Range $147.91 - $226.74

Q4 2021

Shares 33,995 Value ($000) $7,975 Avg Close $215.53 Range $199.33 - $227.72

Q3 2021

Shares 34,283 Value ($000) $7,152 Avg Close $208.54 Range $195.25 - $219.93

Q2 2021

Shares 34,889 Value ($000) $7,186 Avg Close $206.33 Range $194.28 - $218.25

Q1 2021

Shares 34,736 Value ($000) $7,436 Avg Close $201.55 Range $190.45 - $215.84

Q4 2020

Shares 34,671 Value ($000) $7,501 Avg Close $197.47 Range $171.24 - $214.73

Q3 2020

Shares 34,798 Value ($000) $6,954 Avg Close $188.44 Range $172.53 - $201.15

Q2 2020

Shares 34,999 Value ($000) $6,963 Avg Close $182.16 Range $136.65 - $217.57

Q1 2020

Shares 35,184 Value ($000) $5,482 Avg Close $176.33 Range $117.17 - $198.13

Q4 2019

Shares 36,223 Value ($000) $6,991 Avg Close $177.67 Range $169.74 - $186.58

Q3 2019

Shares 36,956 Value ($000) $7,318 Avg Close $187.16 Range $179.22 - $195.89

Q2 2019

Shares 37,529 Value ($000) $7,410 Avg Close $173.21 Range $164.99 - $187.12

Q1 2019

Shares 38,279 Value ($000) $6,757 Avg Close $150.92 Range $131.24 - $169.66

Q4 2018

Shares 38,575 Value ($000) $5,684 Avg Close $141.48 Range $126.10 - $150.86

Q3 2018

Shares 38,293 Value ($000) $6,003 Avg Close $137.00 Range $128.06 - $148.09

Q2 2018

Shares 38,642 Value ($000) $5,423 Avg Close $132.91 Range $122.30 - $138.58

Q1 2018

Shares 38,913 Value ($000) $5,333 Avg Close $123.54 Range $115.47 - $129.02

Q4 2017

Shares 39,968 Value ($000) $5,363 Avg Close $121.85 Range $117.53 - $126.30

Q3 2017

Shares 39,876 Value ($000) $5,128 Avg Close $120.10 Range $116.11 - $122.59

Q2 2017

Shares 40,177 Value ($000) $5,333 Avg Close $117.68 Range $113.27 - $123.01

Q1 2017

Shares 38,740 Value ($000) $4,856 Avg Close $111.04 Range $106.47 - $114.69

Q4 2016

Shares 38,945 Value ($000) $4,565 Avg Close $105.98 Range $100.13 - $110.74

Q3 2016

Shares 38,921 Value ($000) $4,737 Avg Close $108.98 Range $105.46 - $112.42

Q2 2016

Shares 38,275 Value ($000) $4,539 Avg Close $104.92 Range $98.81 - $109.58

Q1 2016

Shares 38,461 Value ($000) $4,289 Avg Close $95.34 Range $88.43 - $102.02

Q4 2015

Shares 38,166 Value ($000) $4,365 Avg Close $105.21 Range $98.01 - $109.49

Q3 2015

Shares 38,883 Value ($000) $4,266 Avg Close $99.79 Range $91.88 - $104.89

Q2 2015

Shares 39,066 Value ($000) $4,417 Avg Close $102.25 Range $97.79 - $105.41

Q1 2015

Shares 38,109 Value ($000) $4,359 Avg Close $97.19 Range $86.65 - $103.73

Q4 2014

Shares 38,125 Value ($000) $3,985 Avg Close $96.70 Range $89.74 - $101.94

Q3 2014

Shares 40,226 Value ($000) $4,619 Avg Close $99.26 Range $94.57 - $104.65

Q2 2014

Shares 40,301 Value ($000) $4,487 Avg Close $94.25 Range $89.51 - $98.33

Q1 2014

Shares 40,552 Value ($000) $4,379 Avg Close $91.92 Range $85.62 - $98.30

Q4 2013

Shares 43,008 Value ($000) $4,484 Avg Close $90.95 Range $84.34 - $94.74

Q3 2013

Shares 43,769 Value ($000) $4,323 Avg Close $81.20 Range $74.57 - $86.97

Q2 2013

Shares 44,002 Value ($000) $3,749 Avg Close $73.48 Range $68.51 - $77.84

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	42,993	$11,318	$265.71	$251.04 - $281.41
Q3 2025	42,853	$11,763	$270.32	$253.71 - $284.56
Q2 2025	42,793	$11,558	$252.35	$219.93 - $269.19
Q1 2025	42,061	$10,690	$249.61	$225.31 - $270.90
Q4 2024	41,799	$9,821	$245.53	$230.70 - $259.26
Q3 2024	41,293	$10,567	$241.07	$217.65 - $253.31
Q2 2024	40,938	$9,766	$227.14	$213.29 - $242.24
Q1 2024	40,910	$9,468	$207.94	$189.63 - $227.85
Q4 2023	38,338	$7,626	$175.85	$153.18 - $197.06
Q3 2023	38,404	$6,526	$177.30	$163.22 - $186.52
Q2 2023	37,917	$7,099	$167.31	$156.95 - $182.94
Q1 2023	37,492	$6,226	$150.99	$139.35 - $161.29
Q4 2022	36,961	$5,380	$141.81	$126.42 - $153.48
Q3 2022	36,695	$5,299	$156.07	$138.29 - $171.23
Q2 2022	35,903	$5,520	$158.99	$137.82 - $177.76
Q1 2022	35,319	$6,236	$179.54	$147.91 - $226.74
Q4 2021	33,995	$7,975	$215.53	$199.33 - $227.72
Q3 2021	34,283	$7,152	$208.54	$195.25 - $219.93
Q2 2021	34,889	$7,186	$206.33	$194.28 - $218.25
Q1 2021	34,736	$7,436	$201.55	$190.45 - $215.84
Q4 2020	34,671	$7,501	$197.47	$171.24 - $214.73
Q3 2020	34,798	$6,954	$188.44	$172.53 - $201.15
Q2 2020	34,999	$6,963	$182.16	$136.65 - $217.57
Q1 2020	35,184	$5,482	$176.33	$117.17 - $198.13
Q4 2019	36,223	$6,991	$177.67	$169.74 - $186.58
Q3 2019	36,956	$7,318	$187.16	$179.22 - $195.89
Q2 2019	37,529	$7,410	$173.21	$164.99 - $187.12
Q1 2019	38,279	$6,757	$150.92	$131.24 - $169.66
Q4 2018	38,575	$5,684	$141.48	$126.10 - $150.86
Q3 2018	38,293	$6,003	$137.00	$128.06 - $148.09
Q2 2018	38,642	$5,423	$132.91	$122.30 - $138.58
Q1 2018	38,913	$5,333	$123.54	$115.47 - $129.02
Q4 2017	39,968	$5,363	$121.85	$117.53 - $126.30
Q3 2017	39,876	$5,128	$120.10	$116.11 - $122.59
Q2 2017	40,177	$5,333	$117.68	$113.27 - $123.01
Q1 2017	38,740	$4,856	$111.04	$106.47 - $114.69
Q4 2016	38,945	$4,565	$105.98	$100.13 - $110.74
Q3 2016	38,921	$4,737	$108.98	$105.46 - $112.42
Q2 2016	38,275	$4,539	$104.92	$98.81 - $109.58
Q1 2016	38,461	$4,289	$95.34	$88.43 - $102.02
Q4 2015	38,166	$4,365	$105.21	$98.01 - $109.49
Q3 2015	38,883	$4,266	$99.79	$91.88 - $104.89
Q2 2015	39,066	$4,417	$102.25	$97.79 - $105.41
Q1 2015	38,109	$4,359	$97.19	$86.65 - $103.73
Q4 2014	38,125	$3,985	$96.70	$89.74 - $101.94
Q3 2014	40,226	$4,619	$99.26	$94.57 - $104.65
Q2 2014	40,301	$4,487	$94.25	$89.51 - $98.33
Q1 2014	40,552	$4,379	$91.92	$85.62 - $98.30
Q4 2013	43,008	$4,484	$90.95	$84.34 - $94.74
Q3 2013	43,769	$4,323	$81.20	$74.57 - $86.97
Q2 2013	44,002	$3,749	$73.48	$68.51 - $77.84