Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of ESCO Technologies Inc. (NYSE:ESE – Free Report) by 12.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 27,471 shares of the scientific and technical instruments company’s stock after acquiring an additional 3,072 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in ESCO Technologies were worth $5,429,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in ESE. Capital World Investors acquired a new position in ESCO Technologies during the third quarter worth $93,728,000. Alliancebernstein L.P. boosted its holdings in ESCO Technologies by 1,204.3% during the third 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. Invesco Ltd. boosted its holdings in ESCO Technologies by 26.0% during the third quarter. Invesco Ltd. now owns 891,144 shares of the scientific and technical instruments company’s stock worth $188,129,000 after purchasing an additional 183,900 shares during the last quarter. Millennium Management LLC boosted its holdings in ESCO Technologies by 110.9% during the third quarter. Millennium Management LLC now owns 186,455 shares of the scientific and technical instruments company’s stock worth $39,363,000 after purchasing an additional 98,042 shares during the last quarter. Finally, Citadel Advisors LLC boosted its holdings in ESCO Technologies by 2,113.4% during the third quarter. Citadel Advisors LLC now owns 75,255 shares of the scientific and technical instruments company’s stock worth $15,887,000 after purchasing an additional 71,855 shares during the last quarter. Institutional investors and hedge funds own 95.70% of the company’s stock.
Analyst Ratings Changes
Several research analysts recently commented on ESE shares. Wall Street Zen cut shares of ESCO Technologies from a “buy” rating to a “hold” rating in a report on Saturday. Weiss Ratings lowered shares of ESCO Technologies from a “buy (a-)” rating to a “buy (b)” rating in a research report on Tuesday, February 10th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $400.00 price target on shares of ESCO Technologies in a research report on Friday, April 17th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $400.00.
ESCO Technologies Stock Performance
NYSE ESE opened at $297.23 on Tuesday. The company has a current ratio of 1.45, a quick ratio of 0.98 and a debt-to-equity ratio of 0.08. The firm’s fifty day moving average price is $293.67 and its two-hundred day moving average price is $247.84. ESCO Technologies Inc. has a 1 year low of $174.92 and a 1 year high of $346.20. The firm has a market capitalization of $7.70 billion, a P/E ratio of 25.00, a price-to-earnings-growth ratio of 1.89 and a beta of 1.18.
ESCO Technologies (NYSE:ESE – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The scientific and technical instruments company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.01. ESCO Technologies had a net margin of 24.69% and a return on equity of 12.88%. The firm had revenue of $309.34 million for the quarter, compared to analyst estimates of $307.88 million. During the same period in the prior year, the firm posted $1.35 earnings per share. The company’s quarterly revenue was up 33.5% compared to the same quarter last year. ESCO Technologies has set its Q3 2026 guidance at 2.050-2.150 EPS and its FY 2026 guidance at 8.000-8.250 EPS. As a group, research analysts anticipate that ESCO Technologies Inc. will post 8.1 EPS for the current year.
ESCO Technologies Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, July 2nd will be given a $0.08 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. ESCO Technologies’s dividend payout ratio is presently 2.69%.
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.
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