Ecopetrol S.A. $EC reported a strong second quarter in 2026, with revenue climbing to $11.7 billion, up 61.5% from a year earlier. Gross profit more than doubled to $4.7 billion, while operating profit rose 59.6% to $3.7 billion.
Bottom-line results improved even more sharply. Net income attributable to common shareholders surged to $1.8 billion, a 246.1% increase year over year, and diluted earnings per share reached $0.86, up 290.9%.
On the cash flow side, operating cash flow came in at $2.2 billion, while capital spending on property, plant and equipment totaled $1.2 billion. The company ended the period with $2.5 billion in cash and cash equivalents, alongside total liabilities of $50.9 billion.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Ecopetrol S.A. Hedge Fund Activity
We have seen 88 institutional investors add shares of Ecopetrol S.A. stock to their portfolio, and 65 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MILLENNIUM MANAGEMENT LLC removed 2,267,400 shares (-87.5%) from their portfolio in Q1 2026, for an estimated $33,988,326
- CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. added 1,548,879 shares (+inf%) to their portfolio in Q1 2026, for an estimated $23,217,696
- BLACKROCK, INC. added 1,201,874 shares (+78.7%) to their portfolio in Q1 2026, for an estimated $18,016,091
- TWO SIGMA INVESTMENTS, LP added 525,286 shares (+39.6%) to their portfolio in Q1 2026, for an estimated $7,874,037
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 436,454 shares (+inf%) to their portfolio in Q1 2026, for an estimated $6,542,445
- MARSHALL WACE, LLP added 414,381 shares (+265.8%) to their portfolio in Q1 2026, for an estimated $6,211,571
- CITADEL ADVISORS LLC removed 370,037 shares (-76.5%) from their portfolio in Q1 2026, for an estimated $5,546,854
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Ecopetrol S.A. Price Targets
Multiple analysts have issued price targets for $EC recently. We have seen 4 analysts offer price targets for $EC in the last 6 months, with a median target of $13.75.
Here are some recent targets:
- Andres Cardona from Citigroup set a target price of $18.0 on 06/03/2026
- Rodolfo Angele from JP Morgan set a target price of $13.0 on 06/01/2026
- Tasso Vasconcellos from UBS set a target price of $14.0 on 05/27/2026
