225,436 Shares in ESAB Corporation $ESAB Bought by Medina Value Partners LLC

Medina Value Partners LLC purchased a new stake in ESAB Corporation (NYSE:ESAB) in the second quarter, HoldingsChannel.com reports. The fund purchased 225,436 shares of the company’s stock, valued at approximately $22,234,753,000. ESAB accounts for approximately 4.4% of Medina Value Partners LLC’s investment portfolio, making the stock its 11th biggest holding.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Jupiter Topco LLC acquired a new stake in ESAB during the second quarter worth about $2,336,000. Stanley Capital Management LLC bought a new position in ESAB in the 2nd quarter valued at about $11,175,000. J. Goldman & Co LP acquired a new position in shares of ESAB in the 2nd quarter valued at approximately $24,048,000. Hsbc Holdings PLC acquired a new position in shares of ESAB in the 2nd quarter valued at approximately $606,000. Finally, Legal & General Group Plc bought a new stake in shares of ESAB during the 2nd quarter worth approximately $7,223,000. Institutional investors own 91.13% of the company’s stock.

ESAB Stock Performance

NYSE:ESAB opened at $80.44 on Wednesday. The stock has a market cap of $5.00 billion, a P/E ratio of 28.83, a price-to-earnings-growth ratio of 1.55 and a beta of 1.19. The company has a current ratio of 1.96, a quick ratio of 1.22 and a debt-to-equity ratio of 0.99. The stock’s 50-day moving average is $89.91 and its 200-day moving average is $98.98. ESAB Corporation has a 1-year low of $77.34 and a 1-year high of $137.42.

ESAB (NYSE:ESAB) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.04). The business had revenue of $807.63 million during the quarter, compared to the consensus estimate of $755.64 million. ESAB had a net margin of 5.75% and a return on equity of 14.48%. The firm’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same quarter last year, the business earned $1.36 EPS. ESAB has set its FY 2026 guidance at 5.400-5.500 EPS. Equities research analysts anticipate that ESAB Corporation will post 5.46 earnings per share for the current year.

Insider Transactions at ESAB

In other ESAB news, Director Rhonda L. Jordan sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $95.00, for a total value of $95,000.00. Following the completion of the transaction, the director directly owned 1,000 shares in the company, valued at approximately $95,000. This represents a 50.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 7.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on ESAB shares. DA Davidson assumed coverage on shares of ESAB in a research report on Monday, June 15th. They set a “buy” rating and a $130.00 price target on the stock. Roth Capital boosted their price objective on shares of ESAB from $142.00 to $151.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Oppenheimer cut their target price on ESAB from $140.00 to $135.00 and set an “outperform” rating for the company in a research note on Tuesday, July 21st. Weiss Ratings downgraded ESAB from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, August 11th. Finally, Stifel Nicolaus decreased their price target on ESAB from $141.00 to $137.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $138.14.

ESAB Profile

ESAB Corporation is a global leader in welding, cutting and gas control technologies, offering a comprehensive portfolio of equipment, consumables and automation solutions. The company’s products include welding power sources, cutting machines, torches, electrodes, filler metals and gas regulating equipment designed to meet the needs of diverse industries. ESAB serves sectors such as construction, shipbuilding, automotive, energy, infrastructure and manufacturing, providing both standard and customized solutions to enhance productivity and quality in metal fabrication and processing.

Founded in 1904 by Swedish inventor Oscar Kjellberg, ESAB pioneered the development of coated welding electrodes, laying the groundwork for modern welding practices.