ESCO Technologies Inc. $ESE Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its holdings in ESCO Technologies Inc. (NYSE:ESE) by 3.0% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 169,582 shares of the scientific and technical instruments company’s stock after selling 5,258 shares during the period. Bank of New York Mellon Corp’s holdings in ESCO Technologies were worth $47,715,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the company. Quarry LP raised its holdings in ESCO Technologies by 842.9% in the fourth quarter. Quarry LP now owns 132 shares of the scientific and technical instruments company’s stock valued at $26,000 after acquiring an additional 118 shares in the last quarter. SBI Securities Co. Ltd. grew its stake in shares of ESCO Technologies by 3,140.0% during the fourth quarter. SBI Securities Co. Ltd. now owns 162 shares of the scientific and technical instruments company’s stock worth $32,000 after purchasing an additional 157 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new position in shares of ESCO Technologies during the 4th quarter worth about $39,000. Osterweis Capital Management Inc. purchased a new position in ESCO Technologies in the second quarter valued at approximately $39,000. Finally, Union Savings Bank purchased a new position in ESCO Technologies in the fourth quarter valued at approximately $41,000. 95.70% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on ESE shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $400.00 target price on shares of ESCO Technologies in a research report on Friday, April 17th. Wall Street Zen lowered shares of 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 set an “overweight” rating and a $420.00 target price for the company. Finally, Weiss Ratings upgraded ESCO Technologies from a “buy (a-)” rating to a “buy (a)” rating in a research note on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $410.00.

ESCO Technologies Stock Performance

Shares of ESE stock opened at $327.56 on Friday. The firm has a market cap of $8.49 billion, a P/E ratio of 27.55, a PEG ratio of 2.03 and a beta of 1.09. The stock’s 50-day moving average is $320.19 and its two-hundred day moving average is $288.62. 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 fifty-two week low of $174.92 and a fifty-two week high of $362.15.

ESCO Technologies (NYSE:ESE) last released its quarterly earnings results on Thursday, May 7th. The scientific and technical instruments company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate 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 the consensus estimate of $307.88 million. During the same quarter in the prior year, the company posted $1.35 EPS. The firm’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. Analysts predict that ESCO Technologies Inc. will post 8.2 earnings per share for the current fiscal 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 issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Thursday, July 2nd. ESCO Technologies’s payout ratio is presently 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.