Shares of ESCO Technologies Inc. (NYSE:ESE – Get Free Report) have received a consensus rating of “Buy” from the five analysts that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is $416.50.
Several research firms have issued reports on ESE. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $413.00 price target on shares of ESCO Technologies in a report on Monday, August 10th. Weiss Ratings cut shares of ESCO Technologies from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday. Finally, JPMorgan Chase & Co. began coverage on shares of ESCO Technologies in a research note on Monday, June 15th. They set an “overweight” rating and a $420.00 target price for the company.
Check Out Our Latest Research Report on ESCO Technologies
ESCO Technologies Price Performance
ESCO Technologies (NYSE:ESE – Get Free Report) last issued 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 return on equity of 13.28% and a net margin of 24.39%.The company had revenue of $339.03 million during the quarter, compared to the consensus estimate of $341.40 million. During the same period last year, the company earned $1.60 earnings per share. 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. Sell-side analysts predict that ESCO Technologies will post 8.35 earnings per share for the current year.
ESCO Technologies Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Thursday, October 1st. ESCO Technologies’s dividend payout ratio (DPR) is presently 2.64%.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in the business. QRG Capital Management Inc. acquired a new stake in ESCO Technologies during the second quarter worth approximately $252,000. Envestnet Portfolio Solutions Inc. increased its holdings in ESCO Technologies by 1.4% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,726 shares of the scientific and technical instruments company’s stock worth $1,304,000 after purchasing an additional 53 shares in the last quarter. Sequoia Financial Advisors LLC lifted its stake in ESCO Technologies by 1.6% in the second quarter. Sequoia Financial Advisors LLC now owns 2,462 shares of the scientific and technical instruments company’s stock valued at $862,000 after buying an additional 38 shares during the period. WINTON GROUP Ltd acquired a new position in ESCO Technologies in the second quarter valued at approximately $426,000. Finally, Integrated Wealth Concepts LLC bought a new position in shares of ESCO Technologies during the 2nd quarter worth approximately $27,000. 95.70% of the stock is owned by institutional investors.
ESCO Technologies Company Profile
ESCO Technologies Inc is a St. Louis, Missouri-based provider of engineered products and services for the aerospace, defense, utility, healthcare, telecommunications and industrial markets. The company develops specialized technologies used in testing, measurement, filtration, fluid control and power-delivery applications.
Through its Aerospace & Defense segment, ESCO supplies filtration systems, fluid-control equipment, valves, electromechanical products and other components for commercial and military aircraft, spacecraft and defense platforms.
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