Capital World Investors purchased a new position in shares of ESCO Technologies Inc. (NYSE:ESE – Free Report) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 443,976 shares of the scientific and technical instruments company’s stock, valued at approximately $93,728,000.
A number of other large investors have also bought and sold shares of ESE. Swiss National Bank boosted its stake in shares of ESCO Technologies by 1.6% during the third quarter. Swiss National Bank now owns 50,100 shares of the scientific and technical instruments company’s stock valued at $10,577,000 after purchasing an additional 800 shares during the period. Inceptionr LLC purchased a new position in shares of ESCO Technologies in the third quarter worth $691,000. Intellectus Partners LLC bought a new stake in ESCO Technologies during the 3rd quarter valued at $205,000. Legato Capital Management LLC boosted its position in ESCO Technologies by 7.4% during the 3rd quarter. Legato Capital Management LLC now owns 13,577 shares of the scientific and technical instruments company’s stock valued at $2,866,000 after buying an additional 933 shares during the period. Finally, Teachers Retirement System of The State of Kentucky boosted its position in ESCO Technologies by 64.9% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 12,891 shares of the scientific and technical instruments company’s stock valued at $2,721,000 after buying an additional 5,073 shares during the period. 95.70% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on the stock. Weiss Ratings cut shares of ESCO Technologies from a “buy (a-)” rating to a “buy (b)” rating in a research report on Tuesday, February 10th. Zacks Research upgraded ESCO Technologies to a “hold” rating in a report on Tuesday, December 16th. Wall Street Zen lowered ESCO Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, February 15th. Finally, CJS Securities upgraded ESCO Technologies to a “strong-buy” rating in a report on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $200.00.
ESCO Technologies Stock Down 1.4%
Shares of NYSE ESE opened at $266.90 on Friday. The firm has a fifty day simple moving average of $246.59 and a two-hundred day simple moving average of $222.20. ESCO Technologies Inc. has a 12 month low of $134.78 and a 12 month high of $291.31. The company has a current ratio of 1.33, a quick ratio of 0.89 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $6.91 billion, a PE ratio of 22.72 and a beta of 1.17.
ESCO Technologies (NYSE:ESE – Get Free Report) last announced its earnings results on Thursday, February 5th. The scientific and technical instruments company reported $1.64 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.32. ESCO Technologies had a net margin of 25.28% and a return on equity of 12.55%. The firm had revenue of $289.66 million for the quarter, compared to analyst estimates of $289.30 million. During the same quarter in the previous year, the firm posted $0.92 EPS. The company’s revenue for the quarter was up 17.3% compared to the same quarter last year. ESCO Technologies has set its Q2 2026 guidance at 1.750-1.850 EPS and its FY 2026 guidance at 7.900-8.15 EPS. Equities analysts expect that ESCO Technologies Inc. will post 5.65 earnings per share for the current year.
ESCO Technologies Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 2nd will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Thursday, April 2nd. ESCO Technologies’s payout ratio is presently 2.72%.
ESCO Technologies Profile
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.
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