Janney Montgomery Scott LLC Purchases 7,258 Shares of ESCO Technologies Inc. $ESE

Janney Montgomery Scott LLC boosted its position in ESCO Technologies Inc. (NYSE:ESE) by 289.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,768 shares of the scientific and technical instruments company’s stock after purchasing an additional 7,258 shares during the period. Janney Montgomery Scott LLC’s holdings in ESCO Technologies were worth $2,748,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in ESE. Pictet Asset Management Holding SA increased its stake in shares of ESCO Technologies by 6.5% in the first quarter. Pictet Asset Management Holding SA now owns 4,198 shares of the scientific and technical instruments company’s stock valued at $1,181,000 after buying an additional 255 shares during the period. Wasatch Advisors LP bought a new stake in ESCO Technologies during the 1st quarter worth approximately $81,106,000. Louisiana State Employees Retirement System acquired a new position in ESCO Technologies in the 1st quarter valued at approximately $3,236,000. Fifth Third Wealth Advisors LLC bought a new position in shares of ESCO Technologies during the first quarter valued at $237,000. Finally, OP Asset Management Ltd bought a new position in shares of ESCO Technologies during the first quarter valued at $10,212,000. 95.70% of the stock is owned by institutional investors and hedge funds.

ESCO Technologies Trading Down 2.6%

NYSE:ESE opened at $333.69 on Wednesday. The firm’s fifty day moving average is $316.64 and its 200-day moving average is $277.59. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.98 and a current ratio of 1.45. ESCO Technologies Inc. has a 52 week low of $174.92 and a 52 week high of $362.15. The firm has a market cap of $8.65 billion, a P/E ratio of 28.06, a P/E/G ratio of 2.10 and a beta of 1.09.

ESCO Technologies (NYSE:ESE) last announced its earnings results on Thursday, May 7th. The scientific and technical instruments company reported $1.91 earnings per share for the quarter, topping analysts’ consensus estimates of $1.90 by $0.01. The business had revenue of $309.34 million during the quarter, compared to the consensus estimate of $307.88 million. ESCO Technologies had a net margin of 24.69% and a return on equity of 12.88%. ESCO Technologies’s quarterly revenue was up 33.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.35 earnings per share. 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. Equities analysts expect that ESCO Technologies Inc. will post 8.2 earnings per share for the current year.

ESCO Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, July 2nd will be given a $0.08 dividend. The ex-dividend date of this dividend is Thursday, July 2nd. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. ESCO Technologies’s dividend payout ratio (DPR) is 2.69%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on ESE shares. Wall Street Zen cut shares of ESCO Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. JPMorgan Chase & Co. initiated coverage on ESCO Technologies in a research report on Monday, June 15th. They set an “overweight” rating and a $420.00 target price for the company. Weiss Ratings raised ESCO Technologies from a “buy (b+)” rating to a “buy (a)” rating in a report on Tuesday, May 12th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $400.00 price target on shares of ESCO Technologies in a research report on Friday, April 17th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $410.00.

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.