ESCO Technologies Inc. $ESE Shares Sold by Tidal Investments LLC

Tidal Investments LLC reduced its stake in ESCO Technologies Inc. (NYSE:ESE) by 24.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 56,101 shares of the scientific and technical instruments company’s stock after selling 18,085 shares during the quarter. Tidal Investments LLC owned approximately 0.22% of ESCO Technologies worth $19,638,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Quarry LP lifted its stake in shares of ESCO Technologies by 842.9% in the 4th quarter. Quarry LP now owns 132 shares of the scientific and technical instruments company’s stock valued at $26,000 after purchasing an additional 118 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of ESCO Technologies during the 2nd quarter worth about $27,000. SBI Securities Co. Ltd. raised its holdings in ESCO Technologies by 3,140.0% in the 4th 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 in the 2nd quarter valued at about $36,000. Finally, State of Wyoming acquired a new position in ESCO Technologies in the first quarter valued at about $38,000. 95.70% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently issued reports on ESE. JPMorgan Chase & Co. started coverage on shares of ESCO Technologies in a research report on Monday, June 15th. They set an “overweight” rating and a $420.00 price objective for the company. Weiss Ratings upgraded ESCO Technologies from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $413.00 price target on shares of ESCO Technologies in a report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, ESCO Technologies currently has a consensus rating of “Buy” and an average price target of $416.50.

ESCO Technologies Stock Performance

NYSE ESE opened at $266.94 on Friday. The firm has a market cap of $6.92 billion, a P/E ratio of 21.99, a P/E/G ratio of 1.55 and a beta of 1.10. ESCO Technologies Inc. has a 52-week low of $193.68 and a 52-week high of $362.15. The business’s 50-day moving average price is $304.77 and its 200 day moving average price is $302.72. The company has a quick ratio of 0.94, a current ratio of 1.38 and a debt-to-equity ratio of 0.04.

ESCO Technologies (NYSE:ESE) last announced its quarterly earnings data on Thursday, August 6th. The scientific and technical instruments company reported $2.20 EPS 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 the consensus estimate of $341.40 million. ESCO Technologies had a net margin of 24.39% and a return on equity of 13.28%. ESCO Technologies’s quarterly revenue was up 14.4% on a year-over-year basis. 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. On average, equities research analysts expect that ESCO Technologies Inc. will post 8.35 earnings per share for the current year.

ESCO Technologies Dividend Announcement

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

About ESCO Technologies

ESCO Technologies Inc is a St. Louis, Missouri-based provider of engineered products and services for the aerospace, defense, utility, healthcare, telecommunications and industrial markets. The company develops specialized technologies used in testing, measurement, filtration, fluid control and power-delivery applications.

Through its Aerospace & Defense segment, ESCO supplies filtration systems, fluid-control equipment, valves, electromechanical products and other components for commercial and military aircraft, spacecraft and defense platforms.