Globeflex Capital L P Takes Position in ESCO Technologies Inc. $ESE

Globeflex Capital L P bought a new stake in shares of ESCO Technologies Inc. (NYSE:ESE) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 29,489 shares of the scientific and technical instruments company’s stock, valued at approximately $10,322,000. ESCO Technologies accounts for 1.3% of Globeflex Capital L P’s portfolio, making the stock its 13th biggest holding. Globeflex Capital L P owned 0.11% of ESCO Technologies as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of ESE. Horizon Investments LLC raised its holdings in ESCO Technologies by 59.4% during the 4th quarter. Horizon Investments LLC now owns 11,821 shares of the scientific and technical instruments company’s stock valued at $2,309,000 after buying an additional 4,406 shares during the last quarter. UBS Group AG grew its holdings in ESCO Technologies by 14.6% in the 4th quarter. UBS Group AG now owns 28,760 shares of the scientific and technical instruments company’s stock worth $5,619,000 after acquiring an additional 3,674 shares during the last quarter. Principal Financial Group Inc. increased its position in shares of ESCO Technologies by 3.1% in the first quarter. Principal Financial Group Inc. now owns 149,233 shares of the scientific and technical instruments company’s stock valued at $41,990,000 after acquiring an additional 4,527 shares during the period. Capital World Investors increased its position in shares of ESCO Technologies by 103.4% in the fourth quarter. Capital World Investors now owns 902,956 shares of the scientific and technical instruments company’s stock valued at $176,429,000 after acquiring an additional 458,980 shares during the period. Finally, Fifth Third Bancorp raised its stake in shares of ESCO Technologies by 8,434.4% during the first quarter. Fifth Third Bancorp now owns 63,496 shares of the scientific and technical instruments company’s stock valued at $17,866,000 after acquiring an additional 62,752 shares during the last quarter. 95.70% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ESE. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $413.00 target price on shares of ESCO Technologies in a report on Monday, August 10th. JPMorgan Chase & Co. began coverage on ESCO Technologies in a report on Monday, June 15th. They set an “overweight” rating and a $420.00 price target on the stock. Weiss Ratings lowered ESCO Technologies from a “buy (a)” rating to a “buy (a-)” rating in a research report on Tuesday, August 11th. Finally, Wall Street Zen cut ESCO Technologies from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Two 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 stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $416.50.

ESCO Technologies Trading Down 0.0%

NYSE:ESE opened at $287.21 on Monday. The company has a 50-day moving average price of $323.86 and a 200-day moving average price of $301.71. The stock has a market cap of $7.44 billion, a price-to-earnings ratio of 23.66, a P/E/G ratio of 1.65 and a beta of 1.11. 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 $191.80 and a 12 month high of $362.15.

ESCO Technologies (NYSE:ESE) last announced its quarterly earnings results 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 net margin of 24.39% and a return on equity of 13.28%. The company had revenue of $339.03 million for the quarter, compared to analysts’ expectations of $341.40 million. During the same quarter in the previous year, the company earned $1.60 earnings per share. ESCO Technologies’s quarterly revenue was up 14.4% on a year-over-year basis. 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. Equities analysts predict that ESCO Technologies Inc. will post 8.34 EPS for the current year.

ESCO Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be issued a dividend of $0.08 per share. The ex-dividend date is Thursday, October 1st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. ESCO Technologies’s dividend payout ratio 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.