California State Teachers Retirement System Increases Position in ESCO Technologies Inc. $ESE

California State Teachers Retirement System increased its holdings in ESCO Technologies Inc. (NYSE:ESE) by 34,739.3% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,517,302 shares of the scientific and technical instruments company’s stock after acquiring an additional 10,487,114 shares during the quarter. California State Teachers Retirement System owned approximately 0.41% of ESCO Technologies worth $3,681,476,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in ESCO Technologies during the 2nd quarter valued at approximately $1,433,229,000. Northwestern Mutual Wealth Management Co. increased its holdings in ESCO Technologies by 97,963,600.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,938,911 shares of the scientific and technical instruments company’s stock worth $574,234,000 after purchasing an additional 2,938,908 shares during the last quarter. Invesco Ltd. raised its position in shares of ESCO Technologies by 17.8% in the 4th quarter. Invesco Ltd. now owns 1,050,093 shares of the scientific and technical instruments company’s stock valued at $205,178,000 after purchasing an additional 158,949 shares in the last quarter. Capital World Investors raised its position in shares of ESCO Technologies by 103.4% in the 4th quarter. Capital World Investors now owns 902,956 shares of the scientific and technical instruments company’s stock valued at $176,429,000 after purchasing an additional 458,980 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of ESCO Technologies by 3.3% during the 4th quarter. Geode Capital Management LLC now owns 633,821 shares of the scientific and technical instruments company’s stock valued at $123,861,000 after buying an additional 20,071 shares during the last quarter. Hedge funds and other institutional investors own 95.70% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on ESE. JPMorgan Chase & Co. initiated coverage on shares of ESCO Technologies in a research report on Monday, June 15th. They set an “overweight” rating and a $420.00 price target for the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $413.00 price target on shares of ESCO Technologies in a report on Monday, August 10th. Finally, Weiss Ratings upgraded shares of ESCO Technologies from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $416.50.

ESCO Technologies Stock Down 1.5%

Shares of ESCO Technologies stock opened at $266.94 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.38 and a debt-to-equity ratio of 0.04. The firm has a market cap of $6.92 billion, a P/E ratio of 21.99, a P/E/G ratio of 1.55 and a beta of 1.10. ESCO Technologies Inc. has a fifty-two week low of $193.68 and a fifty-two week high of $362.15. The business has a 50-day moving average price of $304.77 and a 200 day moving average price of $302.72.

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

ESCO Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be given 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 of this dividend is Thursday, October 1st. ESCO Technologies’s dividend payout ratio is currently 2.64%.

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.