Shares of ESCO Technologies Inc. (NYSE:ESE – Get Free Report) have received an average recommendation of “Buy” from the five ratings firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $416.50.
ESE has been the topic of several research analyst reports. Wall Street Zen cut shares of ESCO Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings cut shares of ESCO Technologies from a “buy (a-)” rating to a “buy (b)” rating in a research note on Tuesday, August 25th. JPMorgan Chase & Co. started coverage on ESCO Technologies in a report on Monday, June 15th. They issued an “overweight” rating and a $420.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $413.00 price target on shares of ESCO Technologies in a research report on Monday, August 10th.
Check Out Our Latest Stock Report on ESCO Technologies
ESCO Technologies Stock Down 1.3%
ESCO Technologies (NYSE:ESE – Get Free Report) 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 the consensus estimate of $2.12 by $0.08. The business had revenue of $339.03 million for 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%. The firm’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.60 EPS. 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 research analysts predict that ESCO Technologies will post 8.35 earnings per share for the current fiscal 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 paid a $0.08 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. ESCO Technologies’s payout ratio is currently 2.64%.
Institutional Trading of ESCO Technologies
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. AQR Capital Management LLC grew its holdings in ESCO Technologies by 60.5% during the 1st quarter. AQR Capital Management LLC now owns 7,683 shares of the scientific and technical instruments company’s stock worth $1,223,000 after acquiring an additional 2,896 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of ESCO Technologies by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,399 shares of the scientific and technical instruments company’s stock worth $2,450,000 after acquiring an additional 664 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of ESCO Technologies in the first quarter worth about $228,000. United Services Automobile Association acquired a new position in shares of ESCO Technologies during the first quarter worth approximately $261,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of ESCO Technologies by 19.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 82,500 shares of the scientific and technical instruments company’s stock worth $13,127,000 after purchasing an additional 13,648 shares in the last quarter. 95.70% of the stock is currently owned by institutional investors and hedge funds.
ESCO Technologies Company 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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