Connor Clark & Lunn Investment Management Ltd. Makes New Investment in ESCO Technologies Inc. $ESE

Connor Clark & Lunn Investment Management Ltd. acquired a new stake in ESCO Technologies Inc. (NYSE:ESE) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 44,725 shares of the scientific and technical instruments company’s stock, valued at approximately $15,656,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Quarry LP raised its position in ESCO Technologies by 842.9% in the 4th quarter. Quarry LP now owns 132 shares of the scientific and technical instruments company’s stock worth $26,000 after purchasing an additional 118 shares during the period. SBI Securities Co. Ltd. boosted its position in ESCO Technologies by 3,140.0% during the fourth quarter. SBI Securities Co. Ltd. now owns 162 shares of the scientific and technical instruments company’s stock valued at $32,000 after buying an additional 157 shares during the period. Allworth Financial LP purchased a new stake in ESCO Technologies during the second quarter valued at about $36,000. State of Wyoming bought a new position in shares of ESCO Technologies during the first quarter valued at about $38,000. Finally, Aster Capital Management DIFC Ltd bought a new position in shares of ESCO Technologies during the fourth quarter valued at about $39,000. Institutional investors own 95.70% of the company’s stock.

Analyst Upgrades and Downgrades

ESE has been the subject of a number of recent research reports. Weiss Ratings lowered ESCO Technologies from a “buy (a)” rating to a “buy (a-)” rating in a research note on Tuesday, August 11th. Wall Street Zen lowered ESCO Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $413.00 price target on shares of ESCO Technologies in a research note on Monday, August 10th. Finally, JPMorgan Chase & Co. began coverage on ESCO Technologies in a research report on Monday, June 15th. They issued an “overweight” rating and a $420.00 price objective for the company. Two investment analysts have 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. According to data from MarketBeat, ESCO Technologies has an average rating of “Buy” and a consensus price target of $416.50.

ESCO Technologies Price Performance

ESE stock opened at $277.23 on Wednesday. The stock has a market capitalization of $7.18 billion, a price-to-earnings ratio of 22.84, a PEG ratio of 1.58 and a beta of 1.10. The firm’s 50-day moving average price is $321.76 and its two-hundred day moving average price is $302.28. The company has a current ratio of 1.38, a quick ratio of 0.94 and a debt-to-equity ratio of 0.04. ESCO Technologies Inc. has a 12-month low of $192.05 and a 12-month high of $362.15.

ESCO Technologies (NYSE:ESE) last posted its earnings results on Thursday, August 6th. The scientific and technical instruments company reported $2.20 earnings per share for the quarter, topping analysts’ consensus estimates of $2.12 by $0.08. The company had revenue of $339.03 million during the quarter, compared to analyst estimates of $341.40 million. ESCO Technologies had a net margin of 24.39% and a return on equity of 13.28%. ESCO Technologies’s revenue for the quarter was up 14.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.60 earnings per share. 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. As a group, equities analysts predict that ESCO Technologies Inc. will post 8.35 earnings per share for the current year.

ESCO Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be issued a $0.08 dividend. The ex-dividend date is Thursday, October 1st. This represents a $0.32 annualized dividend and a yield of 0.1%. ESCO Technologies’s dividend payout ratio (DPR) is 2.64%.

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.