ESCO Technologies Inc. $ESE Stock Position Lifted by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH grew its holdings in shares of ESCO Technologies Inc. (NYSE:ESE) by 53.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 126,884 shares of the scientific and technical instruments company’s stock after acquiring an additional 43,958 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in ESCO Technologies were worth $33,638,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. American Capital Management Inc. acquired a new stake in shares of ESCO Technologies in the 2nd quarter valued at approximately $22,862,000. Squarepoint Ops LLC increased its position in ESCO Technologies by 178.2% during the 2nd quarter. Squarepoint Ops LLC now owns 10,643 shares of the scientific and technical instruments company’s stock worth $3,725,000 after purchasing an additional 6,817 shares in the last quarter. Principal Financial Group Inc. increased its position in ESCO Technologies by 3.1% during the 1st quarter. Principal Financial Group Inc. now owns 149,233 shares of the scientific and technical instruments company’s stock worth $41,990,000 after purchasing an additional 4,527 shares in the last quarter. Oppenheimer Asset Management Inc. acquired a new position in ESCO Technologies during the 2nd quarter worth approximately $3,030,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in ESCO Technologies during the 2nd quarter worth approximately $13,030,000. Institutional investors and hedge funds own 95.70% of the company’s stock.

Analysts Set New Price Targets

ESE has been the subject of several research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $413.00 price objective on shares of ESCO Technologies in a research note on Monday, August 10th. JPMorgan Chase & Co. decreased their target price on shares of ESCO Technologies from $420.00 to $350.00 and set an “overweight” rating on the stock in a research note on Tuesday. Finally, Weiss Ratings downgraded shares of ESCO Technologies from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, September 22nd. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $381.50.

ESCO Technologies Stock Performance

ESCO Technologies stock opened at $256.95 on Thursday. The business has a 50 day moving average of $275.51 and a 200-day moving average of $301.07. The company has a market capitalization of $6.66 billion, a P/E ratio of 32.27, a P/E/G ratio of 1.35 and a beta of 1.05. ESCO Technologies Inc. has a 1 year low of $193.68 and a 1 year high of $362.15. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.38 and a quick ratio of 0.94.

ESCO Technologies (NYSE:ESE) last posted its earnings results on Thursday, August 6th. The scientific and technical instruments company reported $2.20 EPS for the quarter, topping 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 business had revenue of $339.03 million for the quarter, compared to the consensus estimate of $341.40 million. During the same period last year, the company earned $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. On average, equities research analysts predict that ESCO Technologies Inc. will post 8.35 earnings per share for the current year.

ESCO Technologies Dividend Announcement

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

ESCO Technologies Company Profile

ESCO Technologies Inc is a diversified manufacturer headquartered in St. Louis, Missouri, serving customers in the aerospace, defense, space, utility, telecommunications, and industrial markets. The company develops and manufactures specialized products and systems used in testing, monitoring, communications, power delivery, and environmental control.

ESCO’s aerospace and defense businesses provide filtration, fluid-control, thermal-management, and other engineered products for aircraft, spacecraft, military vehicles, and industrial applications.