ESCO Technologies Inc. (ESE) to Issue Quarterly Dividend of $0.08 on January 16th

ESCO Technologies Inc. (NYSE:ESEGet Free Report) announced a quarterly dividend on Thursday, November 20th. Stockholders of record on Friday, January 2nd will be given a dividend of 0.08 per share by the scientific and technical instruments company on Friday, January 16th. This represents a c) dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, January 2nd.

ESCO Technologies has decreased its dividend payment by an average of 0.0%annually over the last three years. ESCO Technologies has a dividend payout ratio of 4.6% meaning its dividend is sufficiently covered by earnings. Research analysts expect ESCO Technologies to earn $5.64 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 5.7%.

ESCO Technologies Trading Down 0.1%

Shares of ESE stock traded down $0.23 during trading hours on Wednesday, hitting $196.70. 37,107 shares of the company were exchanged, compared to its average volume of 181,079. The company has a 50 day simple moving average of $210.58 and a two-hundred day simple moving average of $202.98. The firm has a market cap of $5.09 billion, a P/E ratio of 17.03 and a beta of 1.22. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.93 and a current ratio of 1.35. ESCO Technologies has a fifty-two week low of $127.17 and a fifty-two week high of $229.46.

ESCO Technologies (NYSE:ESEGet Free Report) last issued its earnings results on Thursday, November 20th. The scientific and technical instruments company reported $2.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.13 by $0.19. ESCO Technologies had a net margin of 25.76% and a return on equity of 12.21%. The business had revenue of $286.50 million for the quarter, compared to analyst estimates of $306.39 million. During the same period in the prior year, the firm earned $1.46 earnings per share. ESCO Technologies’s revenue was up 28.9% on a year-over-year basis. ESCO Technologies has set its Q1 2026 guidance at 1.250-1.350 EPS and its FY 2026 guidance at 7.500-7.800 EPS. Equities analysts anticipate that ESCO Technologies will post 5.65 EPS for the current year.

Insider Buying and Selling

In other ESCO Technologies news, CEO Bryan H. Sayler sold 401 shares of the firm’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $220.00, for a total value of $88,220.00. Following the completion of the transaction, the chief executive officer owned 20,254 shares in the company, valued at $4,455,880. This trade represents a 1.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert J. Phillippy sold 3,700 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $222.53, for a total transaction of $823,361.00. Following the completion of the transaction, the director owned 6,519 shares of the company’s stock, valued at $1,450,673.07. This trade represents a 36.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 21,699 shares of company stock valued at $4,778,734. 0.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On ESCO Technologies

A number of institutional investors have recently added to or reduced their stakes in the business. Swiss Life Asset Management Ltd bought a new stake in shares of ESCO Technologies during the 3rd quarter valued at about $251,000. CIBC Bancorp USA Inc. bought a new stake in ESCO Technologies during the third quarter valued at approximately $585,000. Coldstream Capital Management Inc. grew its stake in ESCO Technologies by 69.9% in the 3rd quarter. Coldstream Capital Management Inc. now owns 3,416 shares of the scientific and technical instruments company’s stock worth $721,000 after buying an additional 1,405 shares in the last quarter. Danske Bank A S bought a new position in shares of ESCO Technologies in the 3rd quarter worth $63,000. Finally, Caitong International Asset Management Co. Ltd lifted its holdings in shares of ESCO Technologies by 23,300.0% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 234 shares of the scientific and technical instruments company’s stock worth $49,000 after acquiring an additional 233 shares during the last quarter. 95.70% of the stock is currently owned by institutional investors.

About ESCO Technologies

(Get Free Report)

ESCO Technologies Inc is a diversified manufacturer of engineered products and systems designed to meet customers’ critical performance requirements in the test, measurement, control, and filtration of data, fluids, and gases. The company serves a wide range of end markets, including commercial aerospace, defense, industrial, medical, and communication network sectors. ESCO’s solutions are tailored to environments where reliability, precision and regulatory compliance are paramount.

Operating through multiple business segments, ESCO Technologies delivers test and measurement instruments such as RF and microwave components, signal distribution systems, and integrated test enclosures that support defense and aerospace programs.

Featured Articles

Dividend History for ESCO Technologies (NYSE:ESE)

Receive News & Ratings for ESCO Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ESCO Technologies and related companies with MarketBeat.com's FREE daily email newsletter.