Oppenheimer Asset Management Inc. Takes $3.03 Million Position in ESCO Technologies Inc. $ESE

Oppenheimer Asset Management Inc. acquired a new stake in ESCO Technologies Inc. (NYSE:ESE) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 8,656 shares of the scientific and technical instruments company’s stock, valued at approximately $3,030,000.

A number of other hedge funds also recently added to or reduced their stakes in ESE. Quarry LP raised its holdings in shares of ESCO Technologies by 842.9% in the 4th quarter. Quarry LP now owns 132 shares of the scientific and technical instruments company’s stock valued at $26,000 after purchasing an additional 118 shares in the last quarter. SBI Securities Co. Ltd. boosted its stake in shares of ESCO Technologies by 3,140.0% during the fourth quarter. SBI Securities Co. Ltd. now owns 162 shares of the scientific and technical instruments company’s stock valued at $32,000 after purchasing an additional 157 shares in the last quarter. State of Wyoming bought a new position in shares of ESCO Technologies during the first quarter valued at approximately $38,000. Osterweis Capital Management Inc. purchased a new position in ESCO Technologies during the second quarter valued at approximately $39,000. Finally, Aster Capital Management DIFC Ltd purchased a new position in ESCO Technologies during the fourth quarter valued at approximately $39,000. 95.70% of the stock is owned by hedge funds and other institutional investors.

ESCO Technologies Stock Performance

ESE opened at $306.06 on Friday. ESCO Technologies Inc. has a 52-week low of $182.85 and a 52-week 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. The company has a market cap of $7.93 billion, a P/E ratio of 25.21, a price-to-earnings-growth ratio of 1.76 and a beta of 1.10. The firm’s 50-day moving average price is $325.09 and its 200-day moving average price is $298.78.

ESCO Technologies (NYSE:ESE) last announced its quarterly earnings data on Thursday, August 6th. The scientific and technical instruments company reported $2.20 EPS for the quarter, beating the consensus estimate of $2.12 by $0.08. The firm had revenue of $339.03 million during the quarter, compared to analyst estimates of $341.40 million. ESCO Technologies had a net margin of 24.39% and a return on equity of 13.28%. ESCO Technologies’s revenue was up 14.4% on a year-over-year basis. During the same period last year, the firm posted $1.60 EPS. 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. As a group, equities analysts anticipate that ESCO Technologies Inc. will post 8.34 EPS for the current fiscal year.

ESCO Technologies Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research firms have weighed in on ESE. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $413.00 target price on shares of ESCO Technologies in a report on Monday, August 10th. Wall Street Zen downgraded ESCO Technologies from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. JPMorgan Chase & Co. assumed coverage on ESCO Technologies in a research report on Monday, June 15th. They issued an “overweight” rating and a $420.00 price target for the company. Finally, Weiss Ratings cut ESCO Technologies from a “buy (a)” rating to a “buy (a-)” rating in a research note on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, ESCO Technologies has a consensus rating of “Buy” and an average price target of $416.50.

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.