Fort Washington Investment Advisors Inc. OH cut its holdings in shares of ESCO Technologies Inc. (NYSE:ESE – Free Report) by 44.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 78,285 shares of the scientific and technical instruments company’s stock after selling 61,970 shares during the period. Fort Washington Investment Advisors Inc. OH owned approximately 0.30% of ESCO Technologies worth $22,027,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Quarry LP lifted its holdings in shares of ESCO Technologies by 842.9% during the 4th quarter. Quarry LP now owns 132 shares of the scientific and technical instruments company’s stock valued at $26,000 after purchasing an additional 118 shares in the last quarter. SBI Securities Co. Ltd. increased its stake in ESCO Technologies by 3,140.0% during the 4th 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. Osterweis Capital Management Inc. bought a new stake in ESCO Technologies during the 2nd quarter worth approximately $39,000. Aster Capital Management DIFC Ltd acquired a new stake in ESCO Technologies during the 4th quarter worth approximately $39,000. Finally, Union Savings Bank acquired a new stake in ESCO Technologies during the 4th quarter worth approximately $41,000. 95.70% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several research firms have recently weighed in on ESE. JPMorgan Chase & Co. started coverage on shares of ESCO Technologies in a report on Monday, June 15th. They issued an “overweight” rating and a $420.00 price target for the company. Weiss Ratings upgraded shares of ESCO Technologies from a “buy (b+)” rating to a “buy (a)” rating in a report on Tuesday, May 12th. Wall Street Zen cut shares of ESCO Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $400.00 target price 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 given a Hold rating to the company. Based on data from MarketBeat.com, ESCO Technologies presently has a consensus rating of “Buy” and an average price target of $410.00.
ESCO Technologies Stock Up 0.2%
Shares of ESCO Technologies stock opened at $340.60 on Monday. The firm has a market cap of $8.83 billion, a PE ratio of 28.65, a P/E/G ratio of 2.09 and a beta of 1.12. The business’s 50 day simple moving average is $312.99 and its 200 day simple moving average is $270.83. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.98 and a current ratio of 1.45. ESCO Technologies Inc. has a 52-week low of $174.92 and a 52-week high of $362.15.
ESCO Technologies (NYSE:ESE – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The scientific and technical instruments company reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.01. The firm had revenue of $309.34 million during the quarter, compared to the consensus estimate of $307.88 million. ESCO Technologies had a return on equity of 12.88% and a net margin of 24.69%.The business’s revenue was up 33.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.35 EPS. 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 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 will be paid on Friday, July 17th. Investors of record on Thursday, July 2nd will be issued a dividend of $0.08 per share. The ex-dividend date is Thursday, July 2nd. This represents a $0.32 annualized dividend and a yield of 0.1%. ESCO Technologies’s dividend 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.
Recommended Stories
- Five stocks we like better than ESCO Technologies
- As Stablecoins Keep Growing, These 2 Stocks Benefit
- Apple Just Handed These 4 Memory Stocks Their Best News of the Year
- Costco’s Secret Growth Engine May Be Running Out of Gas
- Why Alphabet’s Pullback May Be an Opportunity in Disguise
Want to see what other hedge funds are holding ESE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ESCO Technologies Inc. (NYSE:ESE – Free Report).
Receive News & Ratings for ESCO Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ESCO Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
