ESCO Technologies Inc. (NYSE:ESE) Plans Quarterly Dividend of $0.08

ESCO Technologies Inc. (NYSE:ESE) declared a quarterly dividend on Thursday, August 6th. Stockholders of record on Thursday, October 1st will be given a dividend of 0.08 per share by the scientific and technical instruments company on Thursday, October 15th. This represents a c) annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Thursday, October 1st.

ESCO Technologies has decreased its dividend payment by an average of 0.0%annually over the last three years. ESCO Technologies has a payout ratio of 4.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect ESCO Technologies to earn $9.12 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 3.5%.

ESCO Technologies Stock Down 7.6%

Shares of ESE stock traded down $24.86 during trading on Friday, reaching $303.17. The company’s stock had a trading volume of 269,409 shares, compared to its average volume of 265,979. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.45 and a quick ratio of 0.98. The company has a market capitalization of $7.85 billion, a price-to-earnings ratio of 25.61, a P/E/G ratio of 2.01 and a beta of 1.10. The stock’s 50-day moving average price is $323.89 and its 200 day moving average price is $295.95. ESCO Technologies has a 1-year low of $174.92 and a 1-year high of $362.15.

ESCO Technologies (NYSE:ESE) last released its earnings results on Thursday, August 6th. The scientific and technical instruments company reported $2.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.12 by $0.08. ESCO Technologies had a net margin of 24.69% and a return on equity of 12.88%. The company had revenue of $339.03 million for the quarter, compared to analyst estimates of $341.40 million. During the same period in the prior year, the business earned $1.60 EPS. The firm’s quarterly revenue was up 14.4% on a year-over-year basis. ESCO Technologies has set its FY 2026 guidance at 8.300-8.400 EPS and its Q4 2026 guidance at 2.550-2.650 EPS. On average, research analysts anticipate that ESCO Technologies will post 8.2 EPS for the current year.

Institutional Trading of ESCO Technologies

Several institutional investors and hedge funds have recently made changes to their positions in ESE. Quarry LP increased its position in ESCO Technologies by 842.9% during the fourth quarter. Quarry LP now owns 132 shares of the scientific and technical instruments company’s stock worth $26,000 after buying an additional 118 shares during the period. SBI Securities Co. Ltd. boosted its holdings in shares of ESCO Technologies by 3,140.0% in the fourth quarter. SBI Securities Co. Ltd. now owns 162 shares of the scientific and technical instruments company’s stock valued at $32,000 after acquiring an additional 157 shares during the period. State of Wyoming acquired a new stake in shares of ESCO Technologies in the first quarter valued at approximately $38,000. Aster Capital Management DIFC Ltd purchased a new position in shares of ESCO Technologies during the fourth quarter worth approximately $39,000. Finally, Osterweis Capital Management Inc. purchased a new stake in ESCO Technologies in the 2nd quarter valued at $39,000. 95.70% of the stock is owned by hedge funds and other institutional investors.

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.