Oppenheimer Asset Management Inc. Invests $3.03 Million in ESCO Technologies Inc. $ESE

Oppenheimer Asset Management Inc. bought a new position in shares of ESCO Technologies Inc. (NYSE:ESE) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 8,656 shares of the scientific and technical instruments company’s stock, valued at approximately $3,030,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. First Citizens Bank & Trust Co. increased its stake in shares of ESCO Technologies by 1.3% in the fourth quarter. First Citizens Bank & Trust Co. now owns 3,397 shares of the scientific and technical instruments company’s stock worth $664,000 after acquiring an additional 42 shares during the period. Smartleaf Asset Management LLC boosted its holdings in ESCO Technologies by 9.7% in the second quarter. Smartleaf Asset Management LLC now owns 677 shares of the scientific and technical instruments company’s stock valued at $132,000 after purchasing an additional 60 shares during the last quarter. Vident Advisory LLC boosted its holdings in ESCO Technologies by 3.7% in the third quarter. Vident Advisory LLC now owns 1,678 shares of the scientific and technical instruments company’s stock valued at $354,000 after purchasing an additional 60 shares during the last quarter. Maryland State Retirement & Pension System grew its position in ESCO Technologies by 1.6% during the 4th quarter. Maryland State Retirement & Pension System now owns 3,774 shares of the scientific and technical instruments company’s stock worth $737,000 after purchasing an additional 61 shares during the period. Finally, Crossmark Global Holdings Inc. raised its stake in shares of ESCO Technologies by 3.8% during the 4th quarter. Crossmark Global Holdings Inc. now owns 1,675 shares of the scientific and technical instruments company’s stock valued at $327,000 after buying an additional 62 shares during the last quarter. Institutional investors and hedge funds own 95.70% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ESE. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $413.00 price objective on shares of ESCO Technologies in a report on Monday, August 10th. Wall Street Zen cut ESCO Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Weiss Ratings downgraded ESCO Technologies from a “buy (a)” rating to a “buy (a-)” rating in a report on Tuesday. Finally, JPMorgan Chase & Co. assumed coverage on ESCO Technologies in a research report on Monday, June 15th. They issued an “overweight” rating and a $420.00 price objective on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $416.50.

ESCO Technologies Trading Up 1.7%

Shares of ESE stock opened at $306.06 on Friday. ESCO Technologies Inc. has a 1-year low of $182.85 and a 1-year high of $362.15. The company has a market cap of $7.93 billion, a price-to-earnings ratio of 25.21, a PEG ratio of 1.76 and a beta of 1.10. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.38 and a quick ratio of 0.94. The stock has a 50 day simple moving average of $325.09 and a 200-day simple moving average of $298.78.

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 for the quarter, beating the consensus estimate of $2.12 by $0.08. The business had revenue of $339.03 million for the quarter, compared to the consensus estimate of $341.40 million. ESCO Technologies had a return on equity of 13.28% and a net margin of 24.39%.The business’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.60 earnings per share. 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, equities research analysts expect that ESCO Technologies Inc. will post 8.34 EPS for the current fiscal year.

ESCO Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $0.32 annualized dividend and a yield of 0.1%. ESCO Technologies’s dividend payout ratio (DPR) is 2.64%.

ESCO Technologies 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.