Mitsubishi UFJ Asset Management Co. Ltd. Takes Position in ESCO Technologies Inc. $ESE

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in ESCO Technologies Inc. (NYSE:ESE) in the second quarter, HoldingsChannel reports. The fund purchased 37,224 shares of the scientific and technical instruments company’s stock, valued at approximately $13,030,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Persistent Asset Partners Ltd bought a new stake in ESCO Technologies in the second quarter valued at about $218,000. Global Retirement Partners LLC bought a new position in ESCO Technologies during the 2nd quarter worth approximately $531,000. Bank of New York Mellon Corp bought a new position in ESCO Technologies during the 2nd quarter worth approximately $61,365,000. State of Wyoming acquired a new position in shares of ESCO Technologies in the 2nd quarter worth approximately $549,000. Finally, Oppenheimer Asset Management Inc. acquired a new position in shares of ESCO Technologies in the 2nd quarter worth approximately $3,030,000. 95.70% of the stock is owned by institutional investors and hedge funds.

ESCO Technologies Trading Down 2.3%

NYSE:ESE opened at $284.02 on Friday. The stock has a fifty day simple moving average of $324.41 and a 200 day simple moving average of $301.33. The firm has a market capitalization of $7.36 billion, a price-to-earnings ratio of 23.40, a price-to-earnings-growth ratio of 1.67 and a beta of 1.10. ESCO Technologies Inc. has a 1-year low of $185.75 and a 1-year high of $362.15. The company has a quick ratio of 0.94, a current ratio of 1.38 and a debt-to-equity ratio of 0.04.

ESCO Technologies (NYSE:ESE) last announced its quarterly earnings data on Thursday, August 6th. The scientific and technical instruments company reported $2.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.12 by $0.08. ESCO Technologies had a return on equity of 13.28% and a net margin of 24.39%.The firm had revenue of $339.03 million during the quarter, compared to the consensus estimate of $341.40 million. During the same period in the prior year, the business earned $1.60 EPS. The business’s revenue for the quarter 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. Sell-side analysts forecast that ESCO Technologies Inc. will post 8.34 earnings per share for the current year.

ESCO Technologies Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts have issued reports on ESE shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $413.00 target price on shares of ESCO Technologies in a report on Monday, August 10th. Weiss Ratings lowered ESCO Technologies from a “buy (a)” rating to a “buy (a-)” rating in a report on Tuesday, August 11th. Wall Street Zen cut ESCO Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, JPMorgan Chase & Co. assumed coverage on ESCO Technologies in a research report on Monday, June 15th. They set an “overweight” rating and a $420.00 price target on the stock. 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. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $416.50.

ESCO Technologies 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.