Tudor Investment Corp ET AL lowered its stake in shares of ESCO Technologies Inc. (NYSE:ESE – Free Report) by 38.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,144 shares of the scientific and technical instruments company’s stock after selling 31,037 shares during the quarter. Tudor Investment Corp ET AL owned approximately 0.19% of ESCO Technologies worth $10,586,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also made changes to their positions in ESE. Invesco Ltd. boosted its stake in ESCO Technologies by 26.0% during the 3rd quarter. Invesco Ltd. now owns 891,144 shares of the scientific and technical instruments company’s stock valued at $188,129,000 after acquiring an additional 183,900 shares during the last quarter. Capital World Investors bought a new stake in shares of ESCO Technologies in the 3rd quarter worth about $93,728,000. Alliancebernstein L.P. increased its position in shares of ESCO Technologies by 1,204.3% in the 3rd quarter. Alliancebernstein L.P. now owns 432,050 shares of the scientific and technical instruments company’s stock worth $91,210,000 after purchasing an additional 398,926 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of ESCO Technologies by 21.3% in the 3rd quarter. Wellington Management Group LLP now owns 369,218 shares of the scientific and technical instruments company’s stock valued at $77,946,000 after purchasing an additional 64,947 shares in the last quarter. Finally, Royce & Associates LP raised its stake in shares of ESCO Technologies by 0.5% in the 3rd quarter. Royce & Associates LP now owns 363,372 shares of the scientific and technical instruments company’s stock valued at $76,711,000 after purchasing an additional 1,630 shares in the last quarter. Institutional investors own 95.70% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently commented on ESE. Deutsche Bank Aktiengesellschaft began coverage on ESCO Technologies in a research note on Wednesday, March 25th. They issued a “buy” rating and a $350.00 price target for the company. Weiss Ratings cut ESCO Technologies from a “buy (a-)” rating to a “buy (b)” rating in a research note on Tuesday, February 10th. Zacks Research raised ESCO Technologies to a “hold” rating in a report on Tuesday, December 16th. CJS Securities upgraded ESCO Technologies to a “strong-buy” rating in a research report on Thursday, December 11th. Finally, Wall Street Zen downgraded ESCO Technologies from a “strong-buy” rating to a “buy” rating in a report on Sunday, February 15th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $275.00.
ESCO Technologies Trading Up 0.3%
ESCO Technologies stock opened at $293.03 on Monday. ESCO Technologies Inc. has a 1 year low of $134.78 and a 1 year high of $296.69. The firm’s 50-day moving average is $266.43 and its 200-day moving average is $230.63. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.89 and a current ratio of 1.33. The company has a market cap of $7.59 billion, a P/E ratio of 24.94, a PEG ratio of 1.82 and a beta of 1.14.
ESCO Technologies (NYSE:ESE – Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The scientific and technical instruments company reported $1.64 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.32. The business had revenue of $289.66 million during the quarter, compared to the consensus estimate of $289.30 million. ESCO Technologies had a net margin of 25.28% and a return on equity of 12.55%. The company’s revenue for the quarter was up 17.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.92 EPS. ESCO Technologies has set its Q2 2026 guidance at 1.750-1.850 EPS and its FY 2026 guidance at 7.900-8.15 EPS. On average, equities analysts expect that ESCO Technologies Inc. will post 5.65 earnings per share for the current year.
ESCO Technologies Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 2nd will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. ESCO Technologies’s dividend payout ratio is 2.72%.
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.
Further Reading
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