ESAB (NYSE:ESAB) Updates FY 2026 Earnings Guidance

ESAB (NYSE:ESAB) updated its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 5.700-5.900 for the period, compared to the consensus EPS estimate of 5.780. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several research firms have recently weighed in on ESAB. Oppenheimer reiterated an “outperform” rating and set a $140.00 price objective on shares of ESAB in a report on Tuesday, April 14th. Wall Street Zen cut ESAB from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. JPMorgan Chase & Co. dropped their target price on shares of ESAB from $148.00 to $135.00 and set an “overweight” rating on the stock in a report on Friday, April 10th. Roth Mkm set a $142.00 price target on shares of ESAB in a research note on Thursday, April 16th. Finally, DA Davidson reduced their price target on shares of ESAB from $146.00 to $142.00 and set a “buy” rating for the company in a report on Thursday, April 16th. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $139.88.

ESAB Stock Performance

Shares of ESAB stock opened at $92.34 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.97 and a quick ratio of 2.26. The firm has a market cap of $5.62 billion, a price-to-earnings ratio of 27.32, a price-to-earnings-growth ratio of 1.71 and a beta of 1.24. The stock’s 50-day moving average is $97.20 and its 200-day moving average is $109.75. ESAB has a one year low of $83.17 and a one year high of $137.42.

ESAB (NYSE:ESAB) last posted its quarterly earnings data on Thursday, May 7th. The company reported $1.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.01). The firm had revenue of $745.60 million for the quarter, compared to the consensus estimate of $706.74 million. ESAB had a return on equity of 15.04% and a net margin of 7.11%.The firm’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.25 earnings per share. Equities analysts predict that ESAB will post 5.81 earnings per share for the current fiscal year.

ESAB Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Friday, July 3rd will be issued a dividend of $0.12 per share. The ex-dividend date is Thursday, July 2nd. This is a positive change from ESAB’s previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a yield of 0.5%. ESAB’s dividend payout ratio is currently 11.83%.

Hedge Funds Weigh In On ESAB

Large investors have recently modified their holdings of the business. Price T Rowe Associates Inc. MD increased its position in shares of ESAB by 11.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,852,692 shares of the company’s stock valued at $653,864,000 after acquiring an additional 613,327 shares during the last quarter. Durable Capital Partners LP boosted its position in ESAB by 40.5% during the third quarter. Durable Capital Partners LP now owns 1,945,854 shares of the company’s stock valued at $217,430,000 after purchasing an additional 560,678 shares during the last quarter. Millennium Management LLC grew its stake in ESAB by 2,367.3% in the third quarter. Millennium Management LLC now owns 432,279 shares of the company’s stock valued at $48,303,000 after purchasing an additional 414,759 shares in the last quarter. Schroder Investment Management Group bought a new position in ESAB in the fourth quarter valued at approximately $34,273,000. Finally, AQR Capital Management LLC increased its position in shares of ESAB by 1,103.8% during the 4th quarter. AQR Capital Management LLC now owns 320,547 shares of the company’s stock worth $35,812,000 after purchasing an additional 293,920 shares during the last quarter. 91.13% of the stock is currently owned by institutional investors and hedge funds.

About ESAB

ESAB Corporation is a global leader in welding, cutting and gas control technologies, offering a comprehensive portfolio of equipment, consumables and automation solutions. The company’s products include welding power sources, cutting machines, torches, electrodes, filler metals and gas regulating equipment designed to meet the needs of diverse industries. ESAB serves sectors such as construction, shipbuilding, automotive, energy, infrastructure and manufacturing, providing both standard and customized solutions to enhance productivity and quality in metal fabrication and processing.

Founded in 1904 by Swedish inventor Oscar Kjellberg, ESAB pioneered the development of coated welding electrodes, laying the groundwork for modern welding practices.