ESCO Technologies Inc. (ESE) To Go Ex-Dividend on October 1st

ESCO Technologies Inc. (NYSE:ESE) declared a quarterly dividend on Thursday, August 6th. Stockholders of record on Thursday, October 1st will be paid a dividend of 0.08 per share by the scientific and technical instruments company on Thursday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Thursday, October 1st.

ESCO Technologies has decreased its dividend payment by an average of 0.0%per year over the last three years. ESCO Technologies has a dividend payout ratio of 4.6% indicating that its dividend is sufficiently covered by earnings. Analysts expect ESCO Technologies to earn $9.12 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 3.5%.

ESCO Technologies Stock Down 6.9%

ESE stock opened at $305.38 on Friday. The stock has a fifty day moving average of $324.18 and a 200-day moving average of $296.02. ESCO Technologies has a fifty-two week low of $174.92 and a fifty-two week high of $362.15. The company has a market capitalization of $7.91 billion, a price-to-earnings ratio of 25.15, a PEG ratio of 2.01 and a beta of 1.10. 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 (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, beating analysts’ consensus estimates of $2.12 by $0.08. The business had revenue of $339.03 million for the quarter, compared to analysts’ expectations of $341.40 million. ESCO Technologies had a return on equity of 13.40% and a net margin of 24.39%.The firm’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same period in the previous year, the business 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 research analysts predict that ESCO Technologies will post 8.2 earnings per share for the current year.

Institutional Investors Weigh In On ESCO Technologies

Several hedge funds have recently bought and sold shares of the stock. First National Bank of Omaha bought a new position in shares of ESCO Technologies in the 2nd quarter worth $1,216,000. BlackRock Inc. bought a new stake in shares of ESCO Technologies during the 2nd quarter worth $1,433,229,000. Deutsche Bank AG purchased a new position in ESCO Technologies in the second quarter worth $10,171,000. Perigon Wealth Management LLC purchased a new position in ESCO Technologies in the second quarter worth $293,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in ESCO Technologies in the second quarter valued at $13,030,000. 95.70% of the stock is currently owned by institutional investors.

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.