Capital World Investors Acquires 458,980 Shares of ESCO Technologies Inc. $ESE

Capital World Investors increased its position in shares of ESCO Technologies Inc. (NYSE:ESEFree Report) by 103.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 902,956 shares of the scientific and technical instruments company’s stock after buying an additional 458,980 shares during the period. Capital World Investors’ holdings in ESCO Technologies were worth $176,429,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its holdings in ESCO Technologies by 97,963,600.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,938,911 shares of the scientific and technical instruments company’s stock worth $574,234,000 after buying an additional 2,938,908 shares during the last quarter. Invesco Ltd. increased its holdings in ESCO Technologies by 26.0% during the third quarter. Invesco Ltd. now owns 891,144 shares of the scientific and technical instruments company’s stock worth $188,129,000 after buying an additional 183,900 shares during the last quarter. Geode Capital Management LLC increased its holdings in ESCO Technologies by 3.3% during the fourth quarter. Geode Capital Management LLC now owns 633,821 shares of the scientific and technical instruments company’s stock worth $123,861,000 after buying an additional 20,071 shares during the last quarter. Alliancebernstein L.P. increased its holdings in ESCO Technologies by 1,204.3% during the third quarter. Alliancebernstein L.P. now owns 432,050 shares of the scientific and technical instruments company’s stock worth $91,210,000 after buying an additional 398,926 shares during the last quarter. Finally, Wellington Management Group LLP increased its holdings in ESCO Technologies by 21.3% during the third quarter. Wellington Management Group LLP now owns 369,218 shares of the scientific and technical instruments company’s stock worth $77,946,000 after buying an additional 64,947 shares during the last quarter. 95.70% of the stock is currently owned by institutional investors and hedge funds.

ESCO Technologies Price Performance

NYSE:ESE opened at $295.66 on Tuesday. ESCO Technologies Inc. has a one year low of $174.92 and a one year high of $346.20. The company has a market cap of $7.66 billion, a P/E ratio of 24.87, a P/E/G ratio of 1.80 and a beta of 1.12. The firm’s fifty day moving average price is $303.11 and its two-hundred day moving average price is $258.64. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.45 and a quick ratio of 0.98.

ESCO Technologies (NYSE:ESEGet Free Report) last released its quarterly earnings data on Thursday, May 7th. The scientific and technical instruments company reported $1.91 EPS for the quarter, beating 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 firm had revenue of $309.34 million for the quarter, compared to the consensus estimate of $307.88 million. During the same period in the previous year, the company earned $1.35 earnings per share. The company’s quarterly revenue was up 33.5% on a year-over-year basis. 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. Equities analysts expect that ESCO Technologies Inc. will post 8.19 earnings per share for the current year.

ESCO Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, July 2nd will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Thursday, July 2nd. ESCO Technologies’s payout ratio is currently 2.69%.

Analyst Ratings Changes

ESE has been the topic of a number of recent analyst reports. Wall Street Zen downgraded shares of ESCO Technologies from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings upgraded shares of ESCO Technologies from a “buy (b+)” rating to a “buy (a)” rating in a report on Tuesday, May 12th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $400.00 price objective on shares of ESCO Technologies in a report on Friday, April 17th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, ESCO Technologies presently has an average rating of “Buy” and an average price target of $400.00.

Check Out Our Latest Report on ESE

About ESCO Technologies

(Free Report)

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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Institutional Ownership by Quarter for ESCO Technologies (NYSE:ESE)

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