ESCO Technologies Inc. (NYSE:ESE) CFO Gary E. Muenster sold 2,593 shares of the stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $74.00, for a total value of $191,882.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Gary E. Muenster also recently made the following trade(s):

  • On Monday, May 20th, Gary E. Muenster sold 6,097 shares of ESCO Technologies stock. The shares were sold at an average price of $72.85, for a total value of $444,166.45.

Shares of NYSE ESE traded down $0.11 during mid-day trading on Monday, hitting $71.94. The company had a trading volume of 36,884 shares, compared to its average volume of 95,778. The company has a market cap of $1.87 billion, a price-to-earnings ratio of 25.97 and a beta of 0.99. ESCO Technologies Inc. has a 12 month low of $54.60 and a 12 month high of $78.32. The company has a current ratio of 2.16, a quick ratio of 1.54 and a debt-to-equity ratio of 0.25.

ESCO Technologies (NYSE:ESE) last announced its earnings results on Tuesday, May 7th. The scientific and technical instruments company reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.14. The firm had revenue of $193.95 million for the quarter, compared to the consensus estimate of $192.60 million. ESCO Technologies had a return on equity of 10.86% and a net margin of 10.45%. The firm’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.48 EPS. As a group, equities analysts forecast that ESCO Technologies Inc. will post 3.08 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Friday, July 19th. Stockholders of record on Friday, July 5th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.44%. The ex-dividend date is Wednesday, July 3rd. ESCO Technologies’s dividend payout ratio (DPR) is presently 11.55%.

Separately, ValuEngine lowered ESCO Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, January 29th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $73.75.

Several hedge funds have recently modified their holdings of the company. BlackRock Inc. grew its holdings in shares of ESCO Technologies by 0.4% in the 1st quarter. BlackRock Inc. now owns 3,814,841 shares of the scientific and technical instruments company’s stock worth $255,707,000 after acquiring an additional 15,645 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of ESCO Technologies by 1.5% in the 3rd quarter. Vanguard Group Inc. now owns 2,467,138 shares of the scientific and technical instruments company’s stock worth $167,889,000 after acquiring an additional 37,564 shares during the last quarter. Conestoga Capital Advisors LLC grew its holdings in shares of ESCO Technologies by 0.8% in the 1st quarter. Conestoga Capital Advisors LLC now owns 1,145,389 shares of the scientific and technical instruments company’s stock worth $76,775,000 after acquiring an additional 8,941 shares during the last quarter. Macquarie Group Ltd. grew its holdings in shares of ESCO Technologies by 3.0% in the 1st quarter. Macquarie Group Ltd. now owns 692,102 shares of the scientific and technical instruments company’s stock worth $46,392,000 after acquiring an additional 19,915 shares during the last quarter. Finally, Northern Trust Corp grew its holdings in shares of ESCO Technologies by 0.4% in the 4th quarter. Northern Trust Corp now owns 487,626 shares of the scientific and technical instruments company’s stock worth $32,159,000 after acquiring an additional 1,730 shares during the last quarter. Institutional investors own 94.76% of the company’s stock.

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ESCO Technologies Company Profile

ESCO Technologies Inc produces and supplies engineered products and systems for utility, industrial, aerospace, and commercial users worldwide. The company operates in four segments: Filtration/Fluid Flow (Filtration), RF Shielding and Test (Test), Utility Solutions Group (USG), and Technical Packaging.

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