Allspring Global Investments Holdings LLC Sells 8,515 Shares of ESCO Technologies Inc. $ESE

Allspring Global Investments Holdings LLC reduced its position in shares of ESCO Technologies Inc. (NYSE:ESE) by 43.2% during the first quarter, Holdings Channel reports. The institutional investor owned 11,185 shares of the scientific and technical instruments company’s stock after selling 8,515 shares during the period. Allspring Global Investments Holdings LLC’s holdings in ESCO Technologies were worth $3,279,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in ESE. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of 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 worth $574,234,000 after buying an additional 2,938,908 shares during the last quarter. Capital World Investors boosted its position in ESCO Technologies by 103.4% during the fourth 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 period. Alliancebernstein L.P. grew its stake in ESCO Technologies by 1,204.3% in the 3rd quarter. Alliancebernstein L.P. now owns 432,050 shares of the scientific and technical instruments company’s stock valued at $91,210,000 after buying an additional 398,926 shares in the last quarter. Wasatch Advisors LP purchased a new position in shares of ESCO Technologies in the first quarter valued at $81,106,000. Finally, Invesco Ltd. boosted its holdings in ESCO Technologies by 26.0% in 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. 95.70% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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

ESCO Technologies Trading Down 1.2%

ESE stock opened at $327.56 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.45 and a quick ratio of 0.98. ESCO Technologies Inc. has a 12 month low of $174.92 and a 12 month high of $362.15. The firm’s 50-day moving average is $320.19 and its 200 day moving average is $288.62. The company has a market capitalization of $8.49 billion, a PE ratio of 27.55, a P/E/G ratio of 2.03 and a beta of 1.09.

ESCO Technologies (NYSE:ESE) last announced its earnings results on Thursday, May 7th. The scientific and technical instruments company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.01. The company had revenue of $309.34 million during the quarter, compared to the consensus estimate of $307.88 million. ESCO Technologies had a net margin of 24.69% and a return on equity of 12.88%. ESCO Technologies’s revenue was up 33.5% compared to the same quarter last year. During the same period last year, the firm earned $1.35 earnings per share. 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, research analysts anticipate that ESCO Technologies Inc. will post 8.2 EPS for the current year.

ESCO Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, July 2nd were given a dividend of $0.08 per share. The ex-dividend date was Thursday, July 2nd. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. ESCO Technologies’s dividend payout ratio (DPR) is 2.69%.

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.