Shares of Esco Technologies Inc. (NYSE:ESE) reached a new 52-week high on Wednesday . The company traded as high as $42.85 and last traded at $42.54, with a volume of 11,001 shares traded. The stock had previously closed at $42.46.

A number of research firms have recently weighed in on ESE. Zacks Investment Research downgraded shares of Esco Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, April 19th. Canaccord Genuity reissued a “hold” rating on shares of Esco Technologies in a research report on Wednesday, May 4th. Finally, BB&T Corp. raised their price target on shares of Esco Technologies from $43.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, May 4th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Esco Technologies has a consensus rating of “Hold” and an average price target of $41.67.

The stock has a market cap of $1.10 billion and a PE ratio of 26.36. The stock has a 50-day moving average of $40.99 and a 200 day moving average of $38.02.

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

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 19th. Stockholders of record on Tuesday, July 5th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, June 30th. This represents a $0.32 annualized dividend and a dividend yield of 0.75%.

Several large investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP raised its stake in shares of Esco Technologies by 7.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,539,812 shares of the company’s stock valued at $55,650,000 after buying an additional 100,427 shares in the last quarter. Principal Financial Group Inc. raised its stake 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 during the period. Wells Fargo & Company MN raised its stake in Esco Technologies by 22.8% in the fourth quarter. Wells Fargo & Company MN now owns 573,867 shares of the company’s stock valued at $20,739,000 after buying an additional 106,544 shares during the period. Rhumbline Advisers raised its stake 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 during the period. Finally, California State Teachers Retirement System raised its stake 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 during the period.

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.