I think ECL is getting close to where they have done 2 for 1 splits in the past.
The only thing that keeps companies from doing them as often now, I think is that in the old days you got dinged on your commission (which could be $40 even for a discount broker) if you bought an odd lot (less than 100 shares). However, now with commissions of $9 or less applying to all trades at most brokers, buying less than 100 shares is a much more cost effective option.
However, U of C efficient market thinking to the contrary, I still say a stock split is generally followed by a greater % increase in the stock price than in the abscence of a split. After all, trades are still made by humans and a split still conveys a message that the board expects the stock to rise.