ECOLAB INC

Ticker: ECL CUSIP: 278865100 Class: COM

Horizon Investments, LLC's Holding History (CIK: 0001560717)

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

Q4 2025

Shares 12,950 Value ($000) $3,400 Avg Close $265.71 Range $251.04 - $281.41

Q3 2025

Shares 17,214 Value ($000) $4,714 Avg Close $270.32 Range $253.71 - $284.56

Q2 2025

Shares 17,825 Value ($000) $4,803 Avg Close $252.35 Range $219.93 - $269.19

Q1 2025

Shares 4,350 Value ($000) $1,103 Avg Close $249.61 Range $225.31 - $270.90

Q4 2024

Shares 4,182 Value ($000) $980 Avg Close $245.53 Range $230.70 - $259.26

Q3 2024

Shares 4,119 Value ($000) $1,052 Avg Close $241.07 Range $217.65 - $253.31

Q2 2024

Shares 4,758 Value ($000) $1,132 Avg Close $227.14 Range $213.29 - $242.24

Q1 2024

Shares 4,756 Value ($000) $1,098 Avg Close $207.94 Range $189.63 - $227.85

Q4 2023

Shares 4,509 Value ($000) $894 Avg Close $175.85 Range $153.18 - $197.06

Q3 2023

Shares 1,947 Value ($000) $330 Avg Close $177.30 Range $163.22 - $186.52

Q2 2023

Shares 1,884 Value ($000) $352 Avg Close $167.31 Range $156.95 - $182.94

Q1 2023

Shares 1,569 Value ($000) $260 Avg Close $150.99 Range $139.35 - $161.29

Q4 2022

Shares 2,556 Value ($000) $0 Avg Close $141.81 Range $126.42 - $153.48

Q2 2022

Shares 4,046 Value ($000) $622 Avg Close $158.99 Range $137.82 - $177.76

Q1 2022

Shares 5,066 Value ($000) $894 Avg Close $179.54 Range $147.91 - $226.74

Q4 2021

Shares 4,542 Value ($000) $1,066 Avg Close $215.53 Range $199.33 - $227.72

Q3 2021

Shares 5,713 Value ($000) $1,192 Avg Close $208.54 Range $195.25 - $219.93

Q2 2021

Shares 9,303 Value ($000) $1,916 Avg Close $206.33 Range $194.28 - $218.25

Q1 2021

Shares 5,166 Value ($000) $1,106 Avg Close $201.55 Range $190.45 - $215.84

Q3 2020

Shares 6,706 Value ($000) $1,340 Avg Close $188.44 Range $172.53 - $201.15

Q2 2020

Shares 6,652 Value ($000) $1,323 Avg Close $182.16 Range $136.65 - $217.57

Q1 2020

Shares 4,147 Value ($000) $646 Avg Close $176.33 Range $117.17 - $198.13

Q4 2019

Shares 3,337 Value ($000) $644 Avg Close $177.67 Range $169.74 - $186.58

Q3 2019

Shares 3,107 Value ($000) $615 Avg Close $187.16 Range $179.22 - $195.89

Q2 2019

Shares 5,413 Value ($000) $1,069 Avg Close $173.21 Range $164.99 - $187.12

Q1 2019

Shares 19,737 Value ($000) $3,484 Avg Close $150.92 Range $131.24 - $169.66

Q4 2018

Shares 17,046 Value ($000) $2,512 Avg Close $141.48 Range $126.10 - $150.86

Q3 2018

Shares 20,661 Value ($000) $3,239 Avg Close $137.00 Range $128.06 - $148.09

Q2 2018

Shares 18,397 Value ($000) $2,582 Avg Close $132.91 Range $122.30 - $138.58

Q1 2018

Shares 15,604 Value ($000) $2,139 Avg Close $123.54 Range $115.47 - $129.02

Q4 2017

Shares 14,027 Value ($000) $1,882 Avg Close $121.85 Range $117.53 - $126.30

Q3 2017

Shares 10,084 Value ($000) $1,297 Avg Close $120.10 Range $116.11 - $122.59

Q2 2017

Shares 8,199 Value ($000) $1,088 Avg Close $117.68 Range $113.27 - $123.01

Q1 2017

Shares 11,305 Value ($000) $1,417 Avg Close $111.04 Range $106.47 - $114.69

Q4 2016

Shares 7,234 Value ($000) $848 Avg Close $105.98 Range $100.13 - $110.74

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	12,950	$3,400	$265.71	$251.04 - $281.41
Q3 2025	17,214	$4,714	$270.32	$253.71 - $284.56
Q2 2025	17,825	$4,803	$252.35	$219.93 - $269.19
Q1 2025	4,350	$1,103	$249.61	$225.31 - $270.90
Q4 2024	4,182	$980	$245.53	$230.70 - $259.26
Q3 2024	4,119	$1,052	$241.07	$217.65 - $253.31
Q2 2024	4,758	$1,132	$227.14	$213.29 - $242.24
Q1 2024	4,756	$1,098	$207.94	$189.63 - $227.85
Q4 2023	4,509	$894	$175.85	$153.18 - $197.06
Q3 2023	1,947	$330	$177.30	$163.22 - $186.52
Q2 2023	1,884	$352	$167.31	$156.95 - $182.94
Q1 2023	1,569	$260	$150.99	$139.35 - $161.29
Q4 2022	2,556	$0	$141.81	$126.42 - $153.48
Q2 2022	4,046	$622	$158.99	$137.82 - $177.76
Q1 2022	5,066	$894	$179.54	$147.91 - $226.74
Q4 2021	4,542	$1,066	$215.53	$199.33 - $227.72
Q3 2021	5,713	$1,192	$208.54	$195.25 - $219.93
Q2 2021	9,303	$1,916	$206.33	$194.28 - $218.25
Q1 2021	5,166	$1,106	$201.55	$190.45 - $215.84
Q3 2020	6,706	$1,340	$188.44	$172.53 - $201.15
Q2 2020	6,652	$1,323	$182.16	$136.65 - $217.57
Q1 2020	4,147	$646	$176.33	$117.17 - $198.13
Q4 2019	3,337	$644	$177.67	$169.74 - $186.58
Q3 2019	3,107	$615	$187.16	$179.22 - $195.89
Q2 2019	5,413	$1,069	$173.21	$164.99 - $187.12
Q1 2019	19,737	$3,484	$150.92	$131.24 - $169.66
Q4 2018	17,046	$2,512	$141.48	$126.10 - $150.86
Q3 2018	20,661	$3,239	$137.00	$128.06 - $148.09
Q2 2018	18,397	$2,582	$132.91	$122.30 - $138.58
Q1 2018	15,604	$2,139	$123.54	$115.47 - $129.02
Q4 2017	14,027	$1,882	$121.85	$117.53 - $126.30
Q3 2017	10,084	$1,297	$120.10	$116.11 - $122.59
Q2 2017	8,199	$1,088	$117.68	$113.27 - $123.01
Q1 2017	11,305	$1,417	$111.04	$106.47 - $114.69
Q4 2016	7,234	$848	$105.98	$100.13 - $110.74