ESAB (NYSE:ESAB) Issues FY 2026 Earnings Guidance

ESAB (NYSE:ESAB) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 5.700-5.900 for the period, compared to the consensus earnings per share estimate of 5.780. The company issued revenue guidance of -.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. cut their price objective on shares of ESAB from $148.00 to $135.00 and set an “overweight” rating for the company in a research report on Friday, April 10th. Weiss Ratings cut shares of ESAB from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, April 27th. Oppenheimer reaffirmed an “outperform” rating and issued a $140.00 price objective on shares of ESAB in a report on Tuesday, April 14th. Roth Mkm set a $142.00 target price on ESAB in a research report on Thursday, April 16th. Finally, Wall Street Zen downgraded ESAB from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $139.88.

ESAB Stock Performance

NYSE ESAB opened at $92.85 on Friday. The business has a 50 day moving average price of $97.30 and a 200 day moving average price of $109.88. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.97 and a quick ratio of 2.26. The company has a market capitalization of $5.65 billion, a P/E ratio of 27.21, a PEG ratio of 1.72 and a beta of 1.24. ESAB has a 1-year low of $83.17 and a 1-year high of $137.42.

ESAB (NYSE:ESAB) last posted its earnings results on Thursday, May 7th. The company reported $1.31 earnings per share for the quarter, missing the consensus estimate of $1.32 by ($0.01). The firm had revenue of $745.60 million during the quarter, compared to analyst estimates of $706.74 million. ESAB had a net margin of 7.11% and a return on equity of 15.04%. The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period last year, the company posted $1.25 EPS. Sell-side analysts expect that ESAB will post 5.81 EPS for the current fiscal year.

ESAB Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Friday, July 3rd will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Thursday, July 2nd. This is a positive change from ESAB’s previous quarterly dividend of $0.10. This represents a $0.48 annualized dividend and a dividend yield of 0.5%. ESAB’s payout ratio is currently 11.83%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC purchased a new stake in shares of ESAB during the fourth quarter worth about $129,000. Coldstream Capital Management Inc. grew its stake in ESAB by 5.9% during the 3rd quarter. Coldstream Capital Management Inc. now owns 2,689 shares of the company’s stock valued at $300,000 after purchasing an additional 149 shares in the last quarter. Advisory Services Network LLC increased its holdings in ESAB by 15.6% during the 3rd quarter. Advisory Services Network LLC now owns 2,495 shares of the company’s stock worth $279,000 after purchasing an additional 336 shares during the last quarter. Caxton Associates LLP purchased a new position in shares of ESAB during the 3rd quarter valued at approximately $244,000. Finally, Brown Brothers Harriman & Co. purchased a new position in shares of ESAB during the 3rd quarter valued at approximately $125,000. 91.13% of the stock is owned by hedge funds and other institutional investors.

About ESAB

ESAB Corporation is a global leader in welding, cutting and gas control technologies, offering a comprehensive portfolio of equipment, consumables and automation solutions. The company’s products include welding power sources, cutting machines, torches, electrodes, filler metals and gas regulating equipment designed to meet the needs of diverse industries. ESAB serves sectors such as construction, shipbuilding, automotive, energy, infrastructure and manufacturing, providing both standard and customized solutions to enhance productivity and quality in metal fabrication and processing.

Founded in 1904 by Swedish inventor Oscar Kjellberg, ESAB pioneered the development of coated welding electrodes, laying the groundwork for modern welding practices.