ESCO Technologies Inc. (NYSE:ESE – Get Free Report) has been given an average rating of “Buy” by the five analysts that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $416.50.
A number of research analysts have recently commented on ESE shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $413.00 target price on shares of ESCO Technologies in a research note on Monday, August 10th. JPMorgan Chase & Co. started coverage on ESCO Technologies in a report on Monday, June 15th. They set an “overweight” rating and a $420.00 price objective for the company. Finally, Weiss Ratings raised ESCO Technologies from a “buy (b)” rating to a “buy (b+)” rating in a research report on Tuesday, September 8th.
ESCO Technologies Price Performance
ESCO Technologies (NYSE:ESE – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The scientific and technical instruments company reported $2.20 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 the consensus estimate of $341.40 million. During the same period in the prior year, the firm posted $1.60 EPS. The firm’s revenue was up 14.4% compared to the same quarter last year. 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 research analysts forecast that ESCO Technologies will post 8.35 EPS for the current year.
ESCO Technologies Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.1%. ESCO Technologies’s dividend payout ratio is presently 2.64%.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC boosted its position in ESCO Technologies by 1.6% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 2,462 shares of the scientific and technical instruments company’s stock valued at $862,000 after buying an additional 38 shares during the period. WINTON GROUP Ltd purchased a new position in shares of ESCO Technologies during the second quarter worth approximately $426,000. Integrated Wealth Concepts LLC bought a new stake in shares of ESCO Technologies during the second quarter valued at approximately $27,000. Squarepoint Ops LLC raised its stake in shares of ESCO Technologies by 178.2% during the second quarter. Squarepoint Ops LLC now owns 10,643 shares of the scientific and technical instruments company’s stock valued at $3,725,000 after acquiring an additional 6,817 shares in the last quarter. Finally, Nykredit A S purchased a new stake in shares of ESCO Technologies in the second quarter valued at approximately $412,000. Hedge funds and other institutional investors own 95.70% of the company’s stock.
ESCO Technologies Company Profile
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.
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