Bill Gates’ Latest Portfolio: Top 5 Stock Picks

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In this article, we discuss 5 top stock picks from Bill Gates’ latest portfolio. If you want to see the rest of his top holdings, go directly to Bill Gates’ Latest Portfolio: Top 12 Stock Picks

5. Ecolab Inc. (NYSE:ECL)

Bill Gates’ Stake Value: $1,024,320,000

Percentage of Bill Gates’ 13F Portfolio: 4.45%

Number of Hedge Fund Holders: 42

Ecolab Inc. (NYSE:ECL) is an American company involved in water management, food safety, and infection prevention. Bill Gates’ fund has been consistent with its Ecolab Inc. (NYSE:ECL) stake since the company was added to its portfolio in Q3 2012. The Q4 2021 filings reveal that Bill & Melinda Gates Foundation Trust owns 4.36 million Ecolab Inc. (NYSE:ECL) shares, worth over $1 billion, accounting for 4.45% of the total investments. 

Ecolab Inc. (NYSE:ECL) on March 14 announced that it intends to repurchase $500 million of its shares in 2022, and 286 million shares were outstanding as of February 28. The company also declared a $0.51 per share quarterly dividend on February 24, which will be paid on April 15. 

On March 11, Barclays analyst Manav Patnaik lowered the price target on Ecolab Inc. (NYSE:ECL) from $215 to $185 and kept an Overweight rating on the shares.

As of Q4 2021, Impax Asset Management is a significant shareholder of Ecolab Inc. (NYSE:ECL), with 3.4 million shares valued at approximately $808 million. Overall, 42 hedge funds were bullish on Ecolab Inc. (NYSE:ECL) at the end of December 2021. 

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