Emerald Advisers LLC Sells 4,026 Shares of ESCO Technologies Inc. $ESE

Emerald Advisers LLC cut its holdings in shares of ESCO Technologies Inc. (NYSE:ESE) by 2.4% during the 1st quarter, HoldingsChannel reports. The fund owned 162,653 shares of the scientific and technical instruments company’s stock after selling 4,026 shares during the quarter. ESCO Technologies makes up 1.4% of Emerald Advisers LLC’s investment portfolio, making the stock its 13th biggest position. Emerald Advisers LLC’s holdings in ESCO Technologies were worth $45,766,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in ESE. AQR Capital Management LLC grew its holdings in shares of ESCO Technologies by 60.5% during the 1st 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 last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in ESCO Technologies by 4.5% in the 1st 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 bought a new stake in ESCO Technologies in the first quarter worth $228,000. United Services Automobile Association bought a new stake in ESCO Technologies in the first quarter worth $261,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in ESCO Technologies by 19.8% during the first 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 currently owned by institutional investors.

ESCO Technologies Trading Down 2.5%

NYSE:ESE opened at $320.84 on Tuesday. The company has a fifty day moving average of $317.43 and a 200 day moving average of $281.20. ESCO Technologies Inc. has a 52 week low of $174.92 and a 52 week high of $362.15. The company has a quick ratio of 0.98, a current ratio of 1.45 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $8.31 billion, a P/E ratio of 26.98, a P/E/G ratio of 2.02 and a beta of 1.09.

ESCO Technologies (NYSE:ESE) last announced its quarterly earnings results on Thursday, May 7th. The scientific and technical instruments company reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.90 by $0.01. The business had revenue of $309.34 million during the quarter, compared to analysts’ expectations of $307.88 million. ESCO Technologies had a net margin of 24.69% and a return on equity of 12.88%. The firm’s revenue for the quarter was up 33.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.35 EPS. 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, research analysts predict that ESCO Technologies Inc. will post 8.2 earnings per share for the current year.

ESCO Technologies Announces Dividend

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

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $400.00 price objective on shares of ESCO Technologies in a research note on Friday, April 17th. JPMorgan Chase & Co. initiated coverage on ESCO Technologies in a research note on Monday, June 15th. They issued an “overweight” rating and a $420.00 target price for the company. Wall Street Zen cut ESCO Technologies from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Weiss Ratings upgraded ESCO Technologies from a “buy (b+)” rating to a “buy (a)” rating in a research report on Tuesday, May 12th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $410.00.

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.