ESAB (NYSE:ESAB) Updates FY 2026 Earnings Guidance

ESAB (NYSE:ESAB) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 5.700-5.900 for the period, compared to the consensus EPS estimate of 5.840. The company issued revenue guidance of -.

ESAB Stock Down 0.9%

ESAB stock traded down $0.89 during mid-day trading on Friday, reaching $101.36. The company had a trading volume of 28,976 shares, compared to its average volume of 545,851. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.17 and a current ratio of 1.90. The company has a market capitalization of $6.17 billion, a price-to-earnings ratio of 27.39, a price-to-earnings-growth ratio of 1.91 and a beta of 1.36. The firm has a fifty day simple moving average of $112.86 and a 200 day simple moving average of $114.26. ESAB has a fifty-two week low of $89.41 and a fifty-two week high of $137.42.

ESAB (NYSE:ESAB) last posted its quarterly earnings results on Friday, February 20th. The company reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.01. The company had revenue of $687.00 million for the quarter, compared to analyst estimates of $687.80 million. ESAB had a return on equity of 15.38% and a net margin of 7.98%.ESAB’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.28 EPS. Analysts forecast that ESAB will post 5.16 earnings per share for the current fiscal year.

ESAB Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 17th. Shareholders of record on Thursday, April 2nd will be given a $0.10 dividend. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $0.40 dividend on an annualized basis and a yield of 0.4%. ESAB’s dividend payout ratio (DPR) is currently 10.81%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on ESAB shares. Oppenheimer increased their price target on ESAB from $142.00 to $148.00 and gave the company an “outperform” rating in a research report on Friday, January 23rd. Roth Mkm restated a “buy” rating and issued a $146.00 price target (down from $150.00) on shares of ESAB in a research note on Tuesday, February 3rd. Wall Street Zen cut ESAB from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Weiss Ratings cut ESAB from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 20th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $130.00 price target (down from $150.00) on shares of ESAB in a research note on Tuesday, March 31st. Seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $141.33.

Insiders Place Their Bets

In other ESAB news, CEO Shyam Kambeyanda sold 59,404 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $123.79, for a total value of $7,353,621.16. Following the sale, the chief executive officer directly owned 99,864 shares in the company, valued at $12,362,164.56. This trade represents a 37.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 7.20% of the stock is currently owned by corporate insiders.

Institutional Trading of ESAB

Hedge funds and other institutional investors have recently made changes to their positions in the company. Los Angeles Capital Management LLC acquired a new stake in shares of ESAB during the fourth quarter worth about $33,000. Northwestern Mutual Wealth Management Co. increased its position in shares of ESAB by 109.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 333 shares of the company’s stock worth $40,000 after purchasing an additional 174 shares in the last quarter. Smartleaf Asset Management LLC increased its position in shares of ESAB by 259.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 381 shares of the company’s stock worth $43,000 after purchasing an additional 275 shares in the last quarter. Global Retirement Partners LLC increased its position in shares of ESAB by 3,023.1% during the fourth quarter. Global Retirement Partners LLC now owns 406 shares of the company’s stock worth $45,000 after purchasing an additional 393 shares in the last quarter. Finally, UMB Bank n.a. increased its position in shares of ESAB by 185.3% during the fourth quarter. UMB Bank n.a. now owns 642 shares of the company’s stock worth $72,000 after purchasing an additional 417 shares in the last quarter. Institutional investors and hedge funds own 91.13% of the company’s stock.

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.