Shares of Esco Technologies Inc. (NYSE:ESE) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $41.74 and last traded at $41.62, with a volume of 33,068 shares changing hands. The stock had previously closed at $41.17.

ESE has been the topic of a number of recent research reports. Zacks Investment Research downgraded shares of Esco Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, April 19th. BB&T Corp. lifted their price objective on shares of Esco Technologies from $43.00 to $45.00 and gave the company a “buy” rating in a report on Wednesday, May 4th. Finally, Canaccord Genuity reiterated a “hold” rating on shares of Esco Technologies in a report on Wednesday, May 4th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $41.67.

The stock has a market capitalization of $1.07 billion and a price-to-earnings ratio of 25.62. The firm’s 50-day moving average is $40.16 and its 200-day moving average is $37.45.

Esco Technologies (NYSE:ESE) last posted its quarterly earnings results on Tuesday, May 3rd. The company reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.05. The business had revenue of $138.90 million for the quarter, compared to the consensus estimate of $137.25 million. Esco Technologies’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.44 earnings per share. Equities analysts anticipate that Esco Technologies Inc. will post $2.00 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 19th. Shareholders of record on Tuesday, July 5th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date of this dividend is Thursday, June 30th.

Several institutional investors have bought and sold shares of ESE. Dimensional Fund Advisors LP boosted its position in Esco Technologies by 7.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,539,812 shares of the company’s stock worth $55,650,000 after buying an additional 100,427 shares during the last quarter. Principal Financial Group Inc. boosted its position in Esco Technologies by 3.5% in the fourth quarter. Principal Financial Group Inc. now owns 169,946 shares of the company’s stock worth $6,142,000 after buying an additional 5,723 shares during the last quarter. Wells Fargo & Company MN boosted its position in Esco Technologies by 22.8% in the fourth quarter. Wells Fargo & Company MN now owns 573,867 shares of the company’s stock worth $20,739,000 after buying an additional 106,544 shares during the last quarter. Brown Advisory Inc. boosted its position in Esco Technologies by 8.6% in the fourth quarter. Brown Advisory Inc. now owns 626,396 shares of the company’s stock worth $22,639,000 after buying an additional 49,695 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC boosted its position in Esco Technologies by 1.3% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 63,151 shares of the company’s stock worth $2,282,000 after buying an additional 817 shares during the last quarter.

ESCO Technologies Inc is engaged in the production of engineered products and systems. The Company’s products are sold around the world for utility, industrial, aerospace and commercial applications. It conducts its business in three segments: Filtration/Fluid Flow (Filtration), RF Shielding and Test (Test) and Utility Solutions Group (USG).

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.