Stanley Capital Management LLC Invests $11.18 Million in ESAB Corporation $ESAB

Stanley Capital Management LLC acquired a new position in ESAB Corporation (NYSE:ESAB) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 113,300 shares of the company’s stock, valued at approximately $11,175,000. ESAB makes up approximately 1.5% of Stanley Capital Management LLC’s portfolio, making the stock its 29th largest position. Stanley Capital Management LLC owned approximately 0.18% of ESAB as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Los Angeles Capital Management LLC bought a new position in ESAB in the fourth quarter worth approximately $33,000. Northwestern Mutual Wealth Management Co. lifted its position in ESAB by 109.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 333 shares of the company’s stock valued at $40,000 after acquiring an additional 174 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in ESAB by 259.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 381 shares of the company’s stock valued at $43,000 after acquiring an additional 275 shares in the last quarter. Global Retirement Partners LLC boosted its stake in ESAB by 3,023.1% during the 4th quarter. Global Retirement Partners LLC now owns 406 shares of the company’s stock valued at $45,000 after purchasing an additional 393 shares during the last quarter. Finally, UMB Bank n.a. boosted its stake in ESAB by 185.3% during the 4th quarter. UMB Bank n.a. now owns 642 shares of the company’s stock valued at $72,000 after purchasing an additional 417 shares during the last quarter. Institutional investors and hedge funds own 91.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ESAB. Weiss Ratings cut shares of ESAB from a “hold (c)” rating to a “hold (c-)” rating in a report on Tuesday, August 11th. Roth Capital increased their price objective on shares of ESAB from $142.00 to $151.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Oppenheimer dropped their target price on shares of ESAB from $140.00 to $135.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 21st. Stifel Nicolaus cut their target price on ESAB from $141.00 to $137.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. Finally, DA Davidson initiated coverage on ESAB in a research report on Monday, June 15th. They set a “buy” rating and a $130.00 target price for the company. Seven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $138.14.

Insider Buying and Selling at ESAB

In other ESAB news, Director Rhonda L. Jordan sold 1,000 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $95.00, for a total value of $95,000.00. Following the completion of the sale, the director owned 1,000 shares in the company, valued at approximately $95,000. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 7.20% of the company’s stock.

ESAB Stock Up 1.5%

ESAB opened at $80.44 on Wednesday. The firm has a market capitalization of $5.00 billion, a P/E ratio of 28.83, a price-to-earnings-growth ratio of 1.55 and a beta of 1.19. ESAB Corporation has a one year low of $77.34 and a one year high of $137.42. The company has a fifty day moving average price of $89.91 and a 200-day moving average price of $98.98. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.96 and a quick ratio of 1.22.

ESAB (NYSE:ESAB) last announced its earnings results on Thursday, August 6th. The company reported $1.33 earnings per share for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.04). The company had revenue of $807.63 million during the quarter, compared to analysts’ expectations of $755.64 million. ESAB had a net margin of 5.75% and a return on equity of 14.48%. The company’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.36 earnings per share. ESAB has set its FY 2026 guidance at 5.400-5.500 EPS. Equities research analysts expect that ESAB Corporation will post 5.46 earnings per share for the current fiscal year.

ESAB Company Profile

ESAB Corporation is a global leader in welding, cutting and gas control technologies, offering a comprehensive portfolio of equipment, consumables and automation solutions. The company’s products include welding power sources, cutting machines, torches, electrodes, filler metals and gas regulating equipment designed to meet the needs of diverse industries. ESAB serves sectors such as construction, shipbuilding, automotive, energy, infrastructure and manufacturing, providing both standard and customized solutions to enhance productivity and quality in metal fabrication and processing.

Founded in 1904 by Swedish inventor Oscar Kjellberg, ESAB pioneered the development of coated welding electrodes, laying the groundwork for modern welding practices.