ESCO Technologies Inc. (NYSE:ESE – Get Free Report)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $357.00 and last traded at $343.7230, with a volume of 8358 shares traded. The stock had previously closed at $343.50.
Analysts Set New Price Targets
ESE has been the subject of several recent research reports. Weiss Ratings upgraded ESCO Technologies from a “buy (b+)” rating to a “buy (a)” rating in a research report on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $400.00 target price on shares of ESCO Technologies in a report on Friday, April 17th. JPMorgan Chase & Co. initiated coverage on shares of ESCO Technologies in a report on Monday, June 15th. They set an “overweight” rating and a $420.00 price target for the company. Finally, Wall Street Zen cut shares of ESCO Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Two equities research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, ESCO Technologies currently has a consensus rating of “Buy” and an average target price of $410.00.
Read Our Latest Research Report on ESE
ESCO Technologies Stock Down 2.8%
ESCO Technologies (NYSE:ESE – Get Free Report) last posted its quarterly earnings results on Thursday, May 7th. The scientific and technical instruments company reported $1.91 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.01. ESCO Technologies had a return on equity of 12.88% and a net margin of 24.69%.The company had revenue of $309.34 million for the quarter, compared to the consensus estimate of $307.88 million. During the same quarter in the prior year, the business posted $1.35 EPS. The firm’s quarterly revenue was up 33.5% compared to the same quarter last year. ESCO Technologies has set its Q3 2026 guidance at 2.050-2.150 EPS and its FY 2026 guidance at 8.000-8.250 EPS. As a group, analysts expect that ESCO Technologies Inc. will post 8.2 EPS for the current fiscal year.
ESCO Technologies Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, July 2nd will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Thursday, July 2nd. ESCO Technologies’s dividend payout ratio is currently 2.69%.
Hedge Funds Weigh In On ESCO Technologies
Several large investors have recently modified their holdings of ESE. AQR Capital Management LLC increased its stake in ESCO Technologies by 60.5% during the 1st quarter. AQR Capital Management LLC now owns 7,683 shares of the scientific and technical instruments company’s stock valued at $1,223,000 after purchasing an additional 2,896 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of ESCO Technologies by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,399 shares of the scientific and technical instruments company’s stock valued at $2,450,000 after buying an additional 664 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of ESCO Technologies during the first quarter valued at approximately $228,000. United Services Automobile Association bought a new stake in shares of ESCO Technologies during the first quarter valued at approximately $261,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of ESCO Technologies by 19.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 82,500 shares of the scientific and technical instruments company’s stock valued at $13,127,000 after acquiring an additional 13,648 shares in the last quarter. Hedge funds and other institutional investors own 95.70% of the company’s stock.
ESCO Technologies Company Profile
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.
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