Connor Clark & Lunn Investment Management Ltd. Takes Position in ESCO Technologies Inc. $ESE

Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of ESCO Technologies Inc. (NYSE:ESE) during the second quarter, according to its most recent filing with the SEC. The fund acquired 44,725 shares of the scientific and technical instruments company’s stock, valued at approximately $15,656,000. Connor Clark & Lunn Investment Management Ltd. owned 0.17% of ESCO Technologies as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the stock. Globeflex Capital L P purchased a new position in ESCO Technologies during the 2nd quarter valued at about $10,322,000. Elevation Point Wealth Partners LLC bought a new stake in shares of ESCO Technologies during the second quarter valued at about $452,000. Commerce Bank purchased a new stake in shares of ESCO Technologies in the second quarter worth about $21,944,000. Pinnbrook Capital Management LP purchased a new stake in shares of ESCO Technologies in the second quarter worth about $8,037,000. Finally, Emerald Investment Advisers LLC bought a new position in shares of ESCO Technologies in the second quarter valued at approximately $12,283,000. Hedge funds and other institutional investors own 95.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ESE. Weiss Ratings cut shares of ESCO Technologies from a “buy (a)” rating to a “buy (a-)” rating in a research note on Tuesday, August 11th. JPMorgan Chase & Co. began coverage on shares of ESCO Technologies in a research note on Monday, June 15th. They issued an “overweight” rating and a $420.00 target price on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $413.00 price target on shares of ESCO Technologies in a report on Monday, August 10th. Finally, Wall Street Zen lowered shares of ESCO Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, ESCO Technologies presently has an average rating of “Buy” and an average price target of $416.50.

ESCO Technologies Price Performance

Shares of NYSE:ESE opened at $277.23 on Wednesday. The company’s fifty day moving average price is $321.76 and its 200-day moving average price is $302.28. 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 firm has a market capitalization of $7.18 billion, a price-to-earnings ratio of 22.84, a PEG ratio of 1.58 and a beta of 1.10. ESCO Technologies Inc. has a one year low of $192.05 and a one year high of $362.15.

ESCO Technologies (NYSE:ESE) last posted its quarterly earnings data on Thursday, August 6th. The scientific and technical instruments company reported $2.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.12 by $0.08. ESCO Technologies had a net margin of 24.39% and a return on equity of 13.28%. The company had revenue of $339.03 million during the quarter, compared to the consensus estimate of $341.40 million. During the same period in the previous year, the firm posted $1.60 EPS. The firm’s revenue was up 14.4% compared to the same quarter last year. 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 anticipate that ESCO Technologies Inc. will post 8.35 earnings per share for the current fiscal year.

ESCO Technologies Dividend Announcement

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

ESCO Technologies Company 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.