Hsbc Holdings PLC Increases Stock Holdings in ESCO Technologies Inc. $ESE

Hsbc Holdings PLC boosted its holdings in shares of ESCO Technologies Inc. (NYSE:ESEFree Report) by 263.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,907 shares of the scientific and technical instruments company’s stock after buying an additional 5,006 shares during the period. Hsbc Holdings PLC’s holdings in ESCO Technologies were worth $1,355,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ESE. Northwestern Mutual Wealth Management Co. boosted its holdings in ESCO Technologies by 97,963,600.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,938,911 shares of the scientific and technical instruments company’s stock worth $574,234,000 after acquiring an additional 2,938,908 shares in the last quarter. Capital World Investors increased its holdings in shares of ESCO Technologies by 103.4% during the fourth quarter. Capital World Investors now owns 902,956 shares of the scientific and technical instruments company’s stock valued at $176,429,000 after acquiring an additional 458,980 shares in the last quarter. Alliancebernstein L.P. increased its holdings in shares of ESCO Technologies by 1,204.3% during the third quarter. Alliancebernstein L.P. now owns 432,050 shares of the scientific and technical instruments company’s stock valued at $91,210,000 after acquiring an additional 398,926 shares in the last quarter. Invesco Ltd. increased its holdings in shares of ESCO Technologies by 26.0% during the third quarter. Invesco Ltd. now owns 891,144 shares of the scientific and technical instruments company’s stock valued at $188,129,000 after acquiring an additional 183,900 shares in the last quarter. Finally, Millennium Management LLC raised its position in shares of ESCO Technologies by 110.9% in the 3rd quarter. Millennium Management LLC now owns 186,455 shares of the scientific and technical instruments company’s stock valued at $39,363,000 after purchasing an additional 98,042 shares during the last quarter. 95.70% of the stock is currently owned by hedge funds and other institutional investors.

ESCO Technologies Trading Down 2.7%

Shares of ESCO Technologies stock opened at $340.57 on Thursday. The stock has a market cap of $8.82 billion, a PE ratio of 28.64, a price-to-earnings-growth ratio of 2.15 and a beta of 1.09. The firm has a fifty day moving average price of $315.12 and a 200 day moving average price of $273.85. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.45 and a quick ratio of 0.98. ESCO Technologies Inc. has a 1 year low of $174.92 and a 1 year high of $362.15.

ESCO Technologies (NYSE:ESEGet Free Report) last issued its earnings results on Thursday, May 7th. The scientific and technical instruments company reported $1.91 EPS for the quarter, topping analysts’ consensus estimates of $1.90 by $0.01. ESCO Technologies had a return on equity of 12.88% and a net margin of 24.69%.The firm had revenue of $309.34 million for the quarter, compared to the consensus estimate of $307.88 million. During the same quarter in the prior year, the business earned $1.35 earnings per share. The company’s revenue was up 33.5% compared to the same quarter last year. ESCO Technologies has set its Q3 2026 guidance at 2.050-2.150 EPS and its FY 2026 guidance at 8.000-8.250 EPS. Equities research analysts predict that ESCO Technologies Inc. will post 8.2 earnings per share for the current year.

ESCO Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Thursday, July 2nd will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date is Thursday, July 2nd. ESCO Technologies’s dividend payout ratio (DPR) is currently 2.69%.

Wall Street Analysts Forecast Growth

ESE has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $400.00 target price on shares of ESCO Technologies in a research note on Friday, April 17th. Wall Street Zen cut shares of ESCO Technologies from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings upgraded shares of ESCO Technologies from a “buy (b+)” rating to a “buy (a)” rating in a research note on Tuesday, May 12th. Finally, JPMorgan Chase & Co. began coverage on shares of ESCO Technologies in a report on Monday, June 15th. They set an “overweight” rating and a $420.00 price objective on the stock. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $410.00.

Get Our Latest Stock Report on ESE

About ESCO Technologies

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for ESCO Technologies (NYSE:ESE)

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