SG Americas Securities LLC reduced its stake in shares of ESCO Technologies Inc. (NYSE:ESE – Free Report) by 58.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,345 shares of the scientific and technical instruments company’s stock after selling 8,988 shares during the period. SG Americas Securities LLC’s holdings in ESCO Technologies were worth $1,785,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of the stock. AQR Capital Management LLC grew its holdings in ESCO Technologies by 60.5% in the first quarter. AQR Capital Management LLC now owns 7,683 shares of the scientific and technical instruments company’s stock valued at $1,223,000 after purchasing an additional 2,896 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in ESCO Technologies by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,399 shares of the scientific and technical instruments company’s stock worth $2,450,000 after purchasing an additional 664 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in shares of ESCO Technologies in the 1st quarter valued at $228,000. United Services Automobile Association acquired a new position in shares of ESCO Technologies in the 1st quarter valued at $261,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of ESCO Technologies by 19.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 82,500 shares of the scientific and technical instruments company’s stock valued at $13,127,000 after buying an additional 13,648 shares during the period. 95.70% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research firms have recently commented on ESE. Weiss Ratings upgraded ESCO Technologies from a “buy (b+)” rating to a “buy (a)” rating in a report on Tuesday, May 12th. JPMorgan Chase & Co. started coverage on ESCO Technologies in a report on Monday, June 15th. They issued an “overweight” rating and a $420.00 target price on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $400.00 price target on shares of ESCO Technologies in a research report on Friday, April 17th. Finally, Wall Street Zen lowered ESCO Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $410.00.
ESCO Technologies Trading Down 2.2%
Shares of ESE stock opened at $332.32 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.45 and a debt-to-equity ratio of 0.08. ESCO Technologies Inc. has a fifty-two week low of $174.92 and a fifty-two week high of $362.15. The firm’s 50 day moving average price is $315.49 and its two-hundred day moving average price is $274.75. The stock has a market cap of $8.61 billion, a price-to-earnings ratio of 27.95, a price-to-earnings-growth ratio of 2.09 and a beta of 1.09.
ESCO Technologies (NYSE:ESE – Get Free Report) last released its quarterly earnings data 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 net margin of 24.69% and a return on equity of 12.88%. The company had revenue of $309.34 million during the quarter, compared to analyst estimates of $307.88 million. During the same quarter in the prior year, the business earned $1.35 earnings per share. The business’s quarterly revenue was up 33.5% compared to the same quarter last year. 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 anticipate that ESCO Technologies Inc. will post 8.2 EPS for the current year.
ESCO Technologies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 2nd will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date is Thursday, July 2nd. ESCO Technologies’s dividend payout ratio is currently 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.
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