Migdal Insurance & Financial Holdings Ltd. lifted its position in shares of Esterline Technologies Corporation (NYSE:ESL) by 34.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 14,519 shares of the aerospace company’s stock after buying an additional 3,692 shares during the period. Migdal Insurance & Financial Holdings Ltd.’s holdings in Esterline Technologies Corporation were worth $1,366,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. BlackRock Inc. lifted its stake in shares of Esterline Technologies Corporation by 25,619.9% during the first quarter. BlackRock Inc. now owns 3,502,276 shares of the aerospace company’s stock valued at $301,371,000 after buying an additional 3,488,659 shares during the period. Vanguard Group Inc. lifted its stake in shares of Esterline Technologies Corporation by 0.9% during the second quarter. Vanguard Group Inc. now owns 2,454,359 shares of the aerospace company’s stock valued at $232,673,000 after buying an additional 22,930 shares during the period. State Street Corp lifted its stake in shares of Esterline Technologies Corporation by 1.9% during the second quarter. State Street Corp now owns 1,082,486 shares of the aerospace company’s stock valued at $102,617,000 after buying an additional 20,181 shares during the period. Fiduciary Management Inc. WI lifted its stake in shares of Esterline Technologies Corporation by 14.5% during the second quarter. Fiduciary Management Inc. WI now owns 972,956 shares of the aerospace company’s stock valued at $92,236,000 after buying an additional 123,467 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Esterline Technologies Corporation by 12.0% during the second quarter. Goldman Sachs Group Inc. now owns 935,158 shares of the aerospace company’s stock valued at $88,653,000 after buying an additional 100,543 shares during the period. 92.18% of the stock is currently owned by institutional investors and hedge funds.

In related news, major shareholder Hawkeye Fund Fpa sold 7,621 shares of the firm’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $91.04, for a total transaction of $693,815.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.40% of the company’s stock.

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Shares of Esterline Technologies Corporation (NYSE ESL) remained flat at $93.00 during trading on Monday. 13,773 shares of the company traded hands. Esterline Technologies Corporation has a 12 month low of $69.85 and a 12 month high of $102.70. The company has a 50 day moving average of $87.18 and a 200 day moving average of $91.14. The company has a market cap of $2.79 billion, a PE ratio of 20.72 and a beta of 1.49.

Esterline Technologies Corporation (NYSE:ESL) last posted its quarterly earnings results on Thursday, August 3rd. The aerospace company reported $1.08 EPS for the quarter, missing the consensus estimate of $1.30 by ($0.22). The company had revenue of $503.80 million for the quarter, compared to analyst estimates of $522.38 million. Esterline Technologies Corporation had a return on equity of 9.18% and a net margin of 6.65%. The business’s revenue for the quarter was down 2.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.38 earnings per share. Analysts expect that Esterline Technologies Corporation will post $4.64 EPS for the current fiscal year.

Several equities analysts recently issued reports on ESL shares. Jefferies Group LLC reissued a “hold” rating and set a $92.00 price objective on shares of Esterline Technologies Corporation in a research note on Tuesday, July 25th. BidaskClub raised shares of Esterline Technologies Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, July 19th. ValuEngine downgraded shares of Esterline Technologies Corporation from a “buy” rating to a “hold” rating in a research note on Friday, August 18th. Canaccord Genuity upped their price objective on shares of Esterline Technologies Corporation from $90.00 to $92.00 and gave the company a “hold” rating in a research note on Friday, August 4th. Finally, Seaport Global Securities started coverage on shares of Esterline Technologies Corporation in a research note on Tuesday, September 12th. They set a “neutral” rating and a $93.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $92.67.

Esterline Technologies Corporation Profile

Esterline Technologies Corporation is a specialized manufacturing company. The Company designs, manufactures and markets engineered products and systems for application within the industries it serves. The Company operates through three segments: Avionics & Controls, Sensors & Systems, and Advanced Materials.

Institutional Ownership by Quarter for Esterline Technologies Corporation (NYSE:ESL)

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