OP Asset Management Ltd bought a new position in ESCO Technologies Inc. (NYSE:ESE – Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 36,293 shares of the scientific and technical instruments company’s stock, valued at approximately $10,212,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in ESCO Technologies by 97,963,600.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,938,911 shares of the scientific and technical instruments company’s stock valued at $574,234,000 after acquiring an additional 2,938,908 shares during the period. Capital World Investors lifted its position in shares of ESCO Technologies by 103.4% during the 4th quarter. Capital World Investors now owns 902,956 shares of the scientific and technical instruments company’s stock worth $176,429,000 after purchasing an additional 458,980 shares during the last quarter. Alliancebernstein L.P. lifted its position in shares of ESCO Technologies by 1,204.3% during the 3rd quarter. Alliancebernstein L.P. now owns 432,050 shares of the scientific and technical instruments company’s stock worth $91,210,000 after purchasing an additional 398,926 shares during the last quarter. Invesco Ltd. boosted its stake in ESCO Technologies by 26.0% during the 3rd quarter. Invesco Ltd. now owns 891,144 shares of the scientific and technical instruments company’s stock valued at $188,129,000 after purchasing an additional 183,900 shares during the period. Finally, Millennium Management LLC grew its holdings in ESCO Technologies by 110.9% in the 3rd quarter. Millennium Management LLC now owns 186,455 shares of the scientific and technical instruments company’s stock valued at $39,363,000 after buying an additional 98,042 shares during the last quarter. Institutional investors and hedge funds own 95.70% of the company’s stock.
Analyst Upgrades and Downgrades
ESE has been the subject of a number of research analyst reports. Wall Street Zen lowered ESCO Technologies from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. began coverage on shares of ESCO Technologies in a research report on Monday, June 15th. They set an “overweight” rating and a $420.00 target price on the stock. Weiss Ratings upgraded shares of ESCO Technologies from a “buy (b+)” rating to a “buy (a)” rating in a research note on Tuesday, May 12th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $400.00 price target on shares of ESCO Technologies in a report on Friday, April 17th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $410.00.
ESCO Technologies Trading Up 2.3%
ESCO Technologies stock opened at $354.36 on Friday. The business has a 50 day moving average price of $312.32 and a two-hundred day moving average price of $269.82. The company has a quick ratio of 0.98, a current ratio of 1.45 and a debt-to-equity ratio of 0.08. The stock has a market cap of $9.18 billion, a price-to-earnings ratio of 29.80, a price-to-earnings-growth ratio of 2.13 and a beta of 1.12. ESCO Technologies Inc. has a 12 month low of $174.92 and a 12 month high of $362.15.
ESCO Technologies (NYSE:ESE – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The scientific and technical instruments company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.01. The company had revenue of $309.34 million for the quarter, compared to analyst estimates of $307.88 million. ESCO Technologies had a return on equity of 12.88% and a net margin of 24.69%.ESCO Technologies’s revenue for the quarter was up 33.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.35 EPS. ESCO Technologies has set its Q3 2026 guidance at 2.050-2.150 EPS and its FY 2026 guidance at 8.000-8.250 EPS. As a group, equities analysts forecast that ESCO Technologies Inc. will post 8.2 EPS for the current year.
ESCO Technologies Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, July 2nd will be paid a dividend of $0.08 per share. The ex-dividend date is Thursday, July 2nd. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. ESCO Technologies’s payout ratio is currently 2.69%.
ESCO Technologies Company 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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