Pinnacle Wealth Management LLC Buys 3,938 Shares of ESCO Technologies Inc. $ESE

Pinnacle Wealth Management LLC lifted its stake in shares of ESCO Technologies Inc. (NYSE:ESE) by 73.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,312 shares of the scientific and technical instruments company’s stock after purchasing an additional 3,938 shares during the quarter. Pinnacle Wealth Management LLC’s holdings in ESCO Technologies were worth $1,787,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Harbor Investment Advisory LLC bought a new stake in shares of ESCO Technologies during the 2nd quarter valued at approximately $38,000. Maseco LLP bought a new stake in shares of ESCO Technologies during the 2nd quarter valued at approximately $45,000. TD Private Client Wealth LLC bought a new stake in shares of ESCO Technologies during the 1st quarter valued at approximately $38,000. CWM LLC grew its holdings in ESCO Technologies by 32.2% during the 1st quarter. CWM LLC now owns 402 shares of the scientific and technical instruments company’s stock worth $64,000 after acquiring an additional 98 shares during the last quarter. Finally, Nisa Investment Advisors LLC grew its holdings in ESCO Technologies by 64.8% during the 1st quarter. Nisa Investment Advisors LLC now owns 478 shares of the scientific and technical instruments company’s stock worth $76,000 after acquiring an additional 188 shares during the last quarter. 95.70% of the stock is owned by institutional investors.

ESCO Technologies Trading Up 0.8%

ESE opened at $216.90 on Friday. The firm has a market capitalization of $5.60 billion, a price-to-earnings ratio of 48.85 and a beta of 1.23. ESCO Technologies Inc. has a fifty-two week low of $125.45 and a fifty-two week high of $220.32. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.52 and a quick ratio of 1.04. The company’s 50 day moving average price is $204.45 and its two-hundred day moving average price is $186.68.

ESCO Technologies (NYSE:ESE) last posted its quarterly earnings data on Thursday, August 7th. The scientific and technical instruments company reported $1.60 EPS for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.05). ESCO Technologies had a net margin of 10.37% and a return on equity of 11.19%. The firm had revenue of $296.34 million during the quarter, compared to the consensus estimate of $320.23 million. During the same period in the prior year, the company posted $1.16 earnings per share. The company’s revenue for the quarter was up 13.6% compared to the same quarter last year. ESCO Technologies has set its FY 2025 guidance at 5.750-5.900 EPS. Q4 2025 guidance at 2.040-2.190 EPS. As a group, research analysts predict that ESCO Technologies Inc. will post 5.65 earnings per share for the current year.

ESCO Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 16th. Stockholders of record on Thursday, October 2nd were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Thursday, October 2nd. ESCO Technologies’s dividend payout ratio is currently 7.21%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on ESE shares. Wall Street Zen lowered shares of ESCO Technologies from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Weiss Ratings reissued a “buy (b)” rating on shares of ESCO Technologies in a report on Wednesday, October 8th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $187.50.

ESCO Technologies Profile

ESCO Technologies Inc produces and supplies engineered products and systems for industrial and commercial markets worldwide. It operates through three segments: Aerospace & Defense, Utility Solutions Group, and RF Test & Measurement. The Aerospace & Defense segment designs and manufactures filtration products, including hydraulic filter elements and fluid control devices used in commercial aerospace applications; filter mechanisms used in micro-propulsion devices for satellites; and custom designed filters for manned aircraft and submarines.