ESCO Technologies (NYSE:ESE – Get Free Report) had its price objective dropped by research analysts at JPMorgan Chase & Co. from $420.00 to $350.00 in a research report issued on Tuesday, Benzinga reports. The firm presently has an “overweight” rating on the scientific and technical instruments company’s stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 34.54% from the stock’s previous close.
ESE has been the subject of several other reports. Weiss Ratings downgraded ESCO Technologies from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, September 22nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $413.00 price target on shares of ESCO Technologies in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, ESCO Technologies has a consensus rating of “Buy” and an average target price of $381.50.
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ESCO Technologies Price Performance
ESCO Technologies (NYSE:ESE – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The scientific and technical instruments company reported $2.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.12 by $0.08. ESCO Technologies had a return on equity of 13.28% and a net margin of 24.39%. The company had revenue of $339.03 million for the quarter, compared to the consensus estimate of $341.40 million. During the same quarter in the prior year, the business posted $1.60 earnings per share. ESCO Technologies’s revenue for the quarter was up 14.4% on a year-over-year basis. ESCO Technologies has set its FY 2026 guidance at 8.300-8.400 EPS and its Q4 2026 guidance at 2.550-2.650 EPS. As a group, sell-side analysts anticipate that ESCO Technologies will post 8.35 earnings per share for the current fiscal year.
Hedge Funds Weigh In On ESCO Technologies
A number of hedge funds have recently made changes to their positions in ESE. Integrated Wealth Concepts LLC purchased a new position in shares of ESCO Technologies in the second quarter valued at approximately $27,000. Atwood & Palmer Inc. purchased a new stake in shares of ESCO Technologies during the third quarter worth approximately $33,000. Allworth Financial LP purchased a new stake in shares of ESCO Technologies during the second quarter worth approximately $36,000. State of Wyoming acquired a new position in ESCO Technologies in the 1st quarter valued at $38,000. Finally, Union Savings Bank acquired a new position in ESCO Technologies in the 4th quarter valued at $41,000. Institutional investors and hedge funds own 95.70% of the company’s stock.
ESCO Technologies Company Profile
ESCO Technologies Inc is a diversified manufacturer headquartered in St. Louis, Missouri, serving customers in the aerospace, defense, space, utility, telecommunications, and industrial markets. The company develops and manufactures specialized products and systems used in testing, monitoring, communications, power delivery, and environmental control.
ESCO’s aerospace and defense businesses provide filtration, fluid-control, thermal-management, and other engineered products for aircraft, spacecraft, military vehicles, and industrial applications.
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