Public Sector Pension Investment Board lifted its stake in ESCO Technologies Inc. (NYSE:ESE – Free Report) by 14.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 100,725 shares of the scientific and technical instruments company’s stock after purchasing an additional 12,735 shares during the quarter. Public Sector Pension Investment Board’s holdings in ESCO Technologies were worth $21,264,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of ESE. Geneva Capital Management LLC raised its holdings in ESCO Technologies by 5.9% during the 2nd quarter. Geneva Capital Management LLC now owns 882,959 shares of the scientific and technical instruments company’s stock worth $169,413,000 after buying an additional 49,173 shares during the period. Invesco Ltd. raised its holdings in shares of ESCO Technologies by 345.8% during the second quarter. Invesco Ltd. now owns 707,244 shares of the scientific and technical instruments company’s stock valued at $135,699,000 after acquiring an additional 548,600 shares during the period. Tributary Capital Management LLC lifted its position in shares of ESCO Technologies by 92.5% in the 3rd quarter. Tributary Capital Management LLC now owns 311,910 shares of the scientific and technical instruments company’s stock valued at $65,847,000 after acquiring an additional 149,918 shares in the last quarter. Hood River Capital Management LLC boosted its stake in ESCO Technologies by 60.1% in the 2nd quarter. Hood River Capital Management LLC now owns 303,651 shares of the scientific and technical instruments company’s stock worth $58,262,000 after purchasing an additional 113,940 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in ESCO Technologies by 4.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 233,060 shares of the scientific and technical instruments company’s stock worth $44,717,000 after purchasing an additional 10,772 shares during the period. Hedge funds and other institutional investors own 95.70% of the company’s stock.
Analyst Ratings Changes
ESE has been the subject of a number of research analyst reports. CJS Securities upgraded ESCO Technologies to a “strong-buy” rating in a report on Thursday, December 11th. Zacks Research raised ESCO Technologies to a “hold” rating in a research note on Tuesday, December 16th. Weiss Ratings cut ESCO Technologies from a “buy (a-)” rating to a “buy (b)” rating in a research note on Tuesday. Finally, Wall Street Zen upgraded ESCO Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $187.50.
Insider Buying and Selling
In other ESCO Technologies news, Director Robert J. Phillippy sold 3,700 shares of the stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $222.53, for a total transaction of $823,361.00. Following the transaction, the director owned 6,519 shares in the company, valued at $1,450,673.07. This trade represents a 36.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Christopher L. Tucker sold 5,000 shares of ESCO Technologies stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $220.15, for a total transaction of $1,100,750.00. Following the completion of the transaction, the chief financial officer directly owned 20,121 shares in the company, valued at approximately $4,429,638.15. This represents a 19.90% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 21,699 shares of company stock worth $4,778,734. Insiders own 0.70% of the company’s stock.
ESCO Technologies Stock Performance
ESE stock opened at $268.38 on Friday. The firm has a 50 day moving average of $218.46 and a two-hundred day moving average of $211.31. ESCO Technologies Inc. has a 12 month low of $134.78 and a 12 month high of $291.31. The company has a market capitalization of $6.95 billion, a price-to-earnings ratio of 22.84 and a beta of 1.22. The company has a quick ratio of 0.89, a current ratio of 1.33 and a debt-to-equity ratio of 0.08.
ESCO Technologies (NYSE:ESE – Get Free Report) last released its quarterly earnings data on Thursday, February 5th. The scientific and technical instruments company reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.32. The business had revenue of $289.66 million during the quarter, compared to analyst estimates of $289.30 million. ESCO Technologies had a net margin of 25.28% and a return on equity of 12.55%. ESCO Technologies’s quarterly revenue was up 17.3% compared to the same quarter last year. During the same quarter in the previous year, the business 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. As a group, equities analysts anticipate that ESCO Technologies Inc. will post 5.65 EPS for the current fiscal year.
ESCO Technologies Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Stockholders of record on Thursday, April 2nd will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Thursday, April 2nd. ESCO Technologies’s dividend payout ratio is 2.72%.
About ESCO Technologies
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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