ESAB (NYSE:ESAB) Releases FY 2026 Earnings Guidance

ESAB (NYSE:ESAB) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 5.400-5.500 for the period, compared to the consensus EPS estimate of 5.770. The company issued revenue guidance of -.

ESAB Stock Performance

ESAB stock traded up $2.56 on Thursday, reaching $95.03. The company’s stock had a trading volume of 1,168,850 shares, compared to its average volume of 602,989. ESAB has a 52 week low of $82.18 and a 52 week high of $137.42. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.97 and a quick ratio of 2.26. The company has a market capitalization of $5.79 billion, a P/E ratio of 28.12, a price-to-earnings-growth ratio of 1.72 and a beta of 1.19. The firm has a fifty day moving average of $91.83 and a two-hundred day moving average of $102.34.

ESAB (NYSE:ESAB) last announced its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, missing the consensus estimate of $1.37 by ($0.04). ESAB had a net margin of 7.11% and a return on equity of 15.04%. The business had revenue of $807.63 million for the quarter, compared to the consensus estimate of $749.05 million. During the same period in the previous year, the firm earned $1.36 EPS. The firm’s revenue was up 12.9% on a year-over-year basis. ESAB has set its FY 2026 guidance at 5.400-5.500 EPS. As a group, analysts predict that ESAB will post 5.72 EPS for the current fiscal year.

ESAB Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Friday, July 3rd were paid a dividend of $0.12 per share. This is an increase from ESAB’s previous quarterly dividend of $0.10. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Thursday, July 2nd. ESAB’s dividend payout ratio (DPR) is presently 14.20%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of ESAB in a research report on Friday, July 24th. Stifel Nicolaus lowered their target price on shares of ESAB from $141.00 to $137.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. Roth Capital boosted their price target on shares of ESAB from $142.00 to $151.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. JPMorgan Chase & Co. reduced their price target on shares of ESAB from $148.00 to $135.00 and set an “overweight” rating for the company in a research note on Friday, April 10th. Finally, DA Davidson began coverage on shares of ESAB in a report on Monday, June 15th. They issued a “buy” rating and a $130.00 price objective for the company. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $138.38.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Kestra Advisory Services LLC acquired a new stake in ESAB during the 4th quarter worth about $129,000. Coldstream Capital Management Inc. boosted its holdings in shares of ESAB by 5.9% in the third quarter. Coldstream Capital Management Inc. now owns 2,689 shares of the company’s stock worth $300,000 after buying an additional 149 shares during the period. Advisory Services Network LLC boosted its holdings in shares of ESAB by 15.6% in the third quarter. Advisory Services Network LLC now owns 2,495 shares of the company’s stock worth $279,000 after buying an additional 336 shares during the period. Caxton Associates LLP acquired a new position in shares of ESAB in the third quarter worth about $244,000. Finally, Brown Brothers Harriman & Co. purchased a new position in shares of ESAB in the third quarter worth approximately $125,000. 91.13% of the stock is owned by institutional investors and hedge funds.

ESAB Company 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.