ESAB (NYSE:ESAB) Releases FY 2026 Earnings Guidance

ESAB (NYSE:ESAB) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 5.700-5.900 for the period, compared to the consensus estimate of 5.780. The company issued revenue guidance of -.

ESAB Price Performance

NYSE:ESAB opened at $92.34 on Friday. The firm has a market cap of $5.62 billion, a price-to-earnings ratio of 27.32, a price-to-earnings-growth ratio of 1.70 and a beta of 1.24. The company has a current ratio of 2.97, a quick ratio of 2.26 and a debt-to-equity ratio of 0.91. The company’s 50-day moving average is $97.20 and its two-hundred day moving average is $109.75. ESAB has a 12-month low of $83.17 and a 12-month high of $137.42.

ESAB (NYSE:ESAB) last released its earnings results on Thursday, May 7th. The company reported $1.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.01). The firm had revenue of $745.60 million during the quarter, compared to analysts’ expectations of $706.74 million. ESAB had a net margin of 7.11% and a return on equity of 15.04%. ESAB’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter last year, the company posted $1.25 earnings per share. Research analysts expect that ESAB will post 5.81 EPS for the current year.

ESAB Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Friday, July 3rd will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.5%. This is an increase from ESAB’s previous quarterly dividend of $0.10. ESAB’s dividend payout ratio is currently 11.83%.

Analysts Set New Price Targets

A number of research analysts have recently commented on ESAB shares. Jefferies Financial Group reaffirmed a “buy” rating and set a $130.00 price objective (down from $150.00) on shares of ESAB in a research note on Tuesday, March 31st. JPMorgan Chase & Co. dropped their price objective 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. Stifel Nicolaus set a $141.00 price objective on shares of ESAB in a research note on Friday, May 8th. DA Davidson dropped their price objective on shares of ESAB from $146.00 to $142.00 and set a “buy” rating for the company in a research note on Thursday, April 16th. Finally, Wall Street Zen downgraded shares of ESAB from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $139.88.

Institutional Trading of ESAB

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Thrivent Financial for Lutherans increased its position in ESAB by 0.7% during the 2nd quarter. Thrivent Financial for Lutherans now owns 13,417 shares of the company’s stock worth $1,617,000 after purchasing an additional 95 shares in the last quarter. Public Employees Retirement System of Ohio grew its position in ESAB by 0.5% in the third quarter. Public Employees Retirement System of Ohio now owns 19,605 shares of the company’s stock valued at $2,191,000 after acquiring an additional 107 shares in the last quarter. Coldstream Capital Management Inc. grew its position in ESAB by 5.9% in the third quarter. Coldstream Capital Management Inc. now owns 2,689 shares of the company’s stock valued at $300,000 after acquiring an additional 149 shares in the last quarter. Lazard Asset Management LLC grew its position in ESAB by 3.1% in the second quarter. Lazard Asset Management LLC now owns 5,386 shares of the company’s stock valued at $649,000 after acquiring an additional 162 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in ESAB by 109.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 333 shares of the company’s stock valued at $40,000 after acquiring an additional 174 shares in the last quarter. Institutional investors and hedge funds own 91.13% of the company’s stock.

About ESAB

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.