Esco Technologies Inc. (NYSE:ESE) reached 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.

Several research firms recently weighed in on ESE. Zacks Investment Research cut shares of Esco Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, July 5th. Canaccord Genuity reiterated a “hold” rating on shares of Esco Technologies in a research note on Wednesday, May 4th. Finally, BB&T Corp. increased their target price on shares of Esco Technologies from $43.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, May 4th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $41.67.

The company has a 50-day moving average price of $40.75 and a 200 day moving average price of $37.72. The firm has a market capitalization of $1.09 billion and a PE ratio of 25.99.

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

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 19th. Stockholders of record on Tuesday, July 5th were paid a dividend of $0.08 per share. The ex-dividend date was Thursday, June 30th. This represents a $0.32 annualized dividend and a dividend yield of 0.76%.

Several hedge funds and institutional investors have recently added to or reduced their stakes in ESE. Nationwide Fund Advisors raised its position in Esco Technologies by 0.8% in the fourth quarter. Nationwide Fund Advisors now owns 31,047 shares of the company’s stock valued at $1,122,000 after buying an additional 236 shares in the last quarter. Rhumbline Advisers raised its position in Esco Technologies by 2.8% in the fourth quarter. Rhumbline Advisers now owns 44,724 shares of the company’s stock valued at $1,616,000 after buying an additional 1,220 shares in the last quarter. California State Teachers Retirement System raised 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 valued at $1,746,000 after buying an additional 771 shares in the last quarter. Russell Frank Co raised its position in Esco Technologies by 40.1% in the fourth quarter. Russell Frank Co now owns 85,712 shares of the company’s stock valued at $3,162,000 after buying an additional 24,546 shares in the last quarter. Finally, Principal Financial Group Inc. raised 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 valued at $6,142,000 after buying an additional 5,723 shares in 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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