Wasatch Advisors LP Invests $81.11 Million in ESCO Technologies Inc. $ESE

Wasatch Advisors LP bought a new position in shares of ESCO Technologies Inc. (NYSE:ESE) in the 1st quarter, Holdings Channel.com reports. The institutional investor bought 288,254 shares of the scientific and technical instruments company’s stock, valued at approximately $81,106,000.

A number of other hedge funds have also added to or reduced their stakes in ESE. Northwestern Mutual Wealth Management Co. increased its stake in ESCO Technologies by 97,963,600.0% in the 4th 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 buying an additional 2,938,908 shares during the last quarter. Invesco Ltd. boosted its stake in shares of ESCO Technologies by 17.8% during the 4th quarter. Invesco Ltd. now owns 1,050,093 shares of the scientific and technical instruments company’s stock worth $205,178,000 after buying an additional 158,949 shares during the last quarter. Capital World Investors grew its holdings in shares of ESCO Technologies by 103.4% in the 4th quarter. Capital World Investors now owns 902,956 shares of the scientific and technical instruments company’s stock valued at $176,429,000 after acquiring an additional 458,980 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of ESCO Technologies by 3.3% in the 4th quarter. Geode Capital Management LLC now owns 633,821 shares of the scientific and technical instruments company’s stock valued at $123,861,000 after acquiring an additional 20,071 shares in the last quarter. Finally, Alliancebernstein L.P. increased its position in shares of ESCO Technologies by 1,204.3% in the third quarter. Alliancebernstein L.P. now owns 432,050 shares of the scientific and technical instruments company’s stock valued at $91,210,000 after acquiring an additional 398,926 shares during the last quarter. Institutional investors own 95.70% of the company’s stock.

ESCO Technologies Price Performance

NYSE:ESE opened at $340.60 on Friday. 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’s 50 day moving average price is $312.99 and its two-hundred day moving average price is $270.32. The firm has a market capitalization of $8.83 billion, a price-to-earnings ratio of 28.65, a P/E/G ratio of 2.18 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) last released its quarterly earnings data on Thursday, May 7th. The scientific and technical instruments company reported $1.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.90 by $0.01. ESCO Technologies had a return on equity of 12.88% and a net margin of 24.69%.The company had revenue of $309.34 million during the quarter, compared to analysts’ expectations of $307.88 million. During the same period last year, the firm posted $1.35 earnings per share. The business’s revenue was up 33.5% on a year-over-year basis. 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. On average, analysts anticipate that ESCO Technologies Inc. will post 8.2 earnings per share 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 issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $0.32 annualized dividend and a yield of 0.1%. ESCO Technologies’s dividend payout ratio (DPR) is currently 2.69%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on ESE. Wall Street Zen lowered ESCO Technologies from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. assumed coverage on ESCO Technologies in a research note on Monday, June 15th. They issued an “overweight” rating and a $420.00 price target for the company. Weiss Ratings raised ESCO Technologies from a “buy (b+)” rating to a “buy (a)” rating in a research report on Tuesday, May 12th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $400.00 price objective on shares of ESCO Technologies in a research note on Friday, April 17th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, ESCO Technologies has a consensus rating of “Buy” and an average price target of $410.00.

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.