ESCO Technologies Inc. Plans Quarterly Dividend of $0.08 (NYSE:ESE)

ESCO Technologies Inc. (NYSE:ESE) declared a quarterly dividend on Thursday, August 6th. Shareholders of record on Thursday, October 1st will be given a dividend of 0.08 per share by the scientific and technical instruments company on Thursday, October 15th. This represents a c) annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Thursday, October 1st.

ESCO Technologies has decreased its dividend by an average of 0.0%annually over the last three years. ESCO Technologies has a dividend payout ratio of 4.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect ESCO Technologies to earn $9.12 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 3.5%.

ESCO Technologies Stock Performance

ESE traded down $24.86 during trading on Friday, hitting $303.17. 269,409 shares of the company traded hands, compared to its average volume of 265,979. ESCO Technologies has a one year low of $174.92 and a one year high of $362.15. The stock’s fifty day moving average is $323.89 and its 200 day moving average is $295.95. The company has a quick ratio of 0.98, a current ratio of 1.45 and a debt-to-equity ratio of 0.08. The firm has a market cap of $7.85 billion, a P/E ratio of 25.61, a price-to-earnings-growth ratio of 2.01 and a beta of 1.10.

ESCO Technologies (NYSE:ESE) last released its earnings results on Thursday, August 6th. The scientific and technical instruments company reported $2.20 earnings per share for the quarter, beating analysts’ consensus estimates of $2.12 by $0.08. ESCO Technologies had a net margin of 24.69% and a return on equity of 12.88%. The firm had revenue of $339.03 million for the quarter, compared to analysts’ expectations of $341.40 million. During the same period in the previous year, the company earned $1.60 earnings per share. The company’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. As a group, equities analysts predict that ESCO Technologies will post 8.2 EPS for the current fiscal year.

Hedge Funds Weigh In On ESCO Technologies

Several institutional investors have recently bought and sold shares of ESE. BlackRock Inc. purchased a new position in ESCO Technologies in the second quarter valued at about $1,433,229,000. Northwestern Mutual Wealth Management Co. boosted its stake in ESCO Technologies by 97,963,600.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,938,911 shares of the scientific and technical instruments company’s stock valued at $574,234,000 after acquiring an additional 2,938,908 shares in the last quarter. Capital World Investors lifted its holdings in shares of ESCO Technologies by 103.4% during the 4th quarter. Capital World Investors now owns 902,956 shares of the scientific and technical instruments company’s stock valued at $176,429,000 after purchasing an additional 458,980 shares during the last quarter. Alliancebernstein L.P. lifted its position in ESCO Technologies by 1,204.3% during the 3rd quarter. Alliancebernstein L.P. now owns 432,050 shares of the scientific and technical instruments company’s stock worth $91,210,000 after acquiring an additional 398,926 shares during the period. Finally, Wasatch Advisors LP purchased a new position in shares of ESCO Technologies during the 1st quarter valued at about $81,106,000. Institutional investors own 95.70% of the company’s stock.

About ESCO Technologies

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.