Esco Technologies Inc. (NYSE:ESE)’s share price hit a new 52-week high on Monday . The stock traded as high as $42.74 and last traded at $42.29, with a volume of 26,599 shares trading hands. The stock had previously closed at $42.59.

ESE has been the subject of several research analyst reports. Zacks Investment Research lowered Esco Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, July 5th. Canaccord Genuity reissued a “hold” rating on shares of Esco Technologies in a research note on Wednesday, May 4th. Finally, BB&T Corp. lifted their price objective on Esco Technologies from $43.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, May 4th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $41.67.

The stock’s 50-day moving average price is $40.63 and its 200 day moving average price is $37.63. The firm has a market cap of $1.09 billion and a P/E ratio of 26.14.

Esco Technologies (NYSE:ESE) last released its quarterly earnings data on Tuesday, May 3rd. The company reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.05. The firm earned $138.90 million during the quarter, compared to analysts’ expectations of $137.25 million. The firm’s quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.44 EPS. Analysts forecast that Esco Technologies Inc. will post $2.00 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 19th. Shareholders of record on Tuesday, July 5th will be issued a $0.08 dividend. The ex-dividend date is Thursday, June 30th. This represents a $0.32 dividend on an annualized basis and a yield of 0.76%.

A number of hedge funds and institutional investors have recently added to or reduced their stakes in ESE. Rhumbline Advisers boosted its position in Esco Technologies by 2.8% in the fourth quarter. Rhumbline Advisers now owns 44,724 shares of the company’s stock worth $1,616,000 after buying an additional 1,220 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. 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. 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. Finally, California State Teachers Retirement System boosted its position in Esco Technologies by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 48,321 shares of the company’s stock worth $1,746,000 after buying an additional 771 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).

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