Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of ESCO Technologies Inc. (NYSE:ESE – Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 37,224 shares of the scientific and technical instruments company’s stock, valued at approximately $13,030,000. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.14% of ESCO Technologies at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. increased its stake in ESCO Technologies by 97,963,600.0% during 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 purchasing an additional 2,938,908 shares during the period. Invesco Ltd. boosted its stake in shares of ESCO Technologies by 17.8% in the fourth quarter. Invesco Ltd. now owns 1,050,093 shares of the scientific and technical instruments company’s stock valued at $205,178,000 after purchasing an additional 158,949 shares during the period. Capital World Investors grew its holdings in shares of ESCO Technologies by 103.4% in 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 purchasing an additional 458,980 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of ESCO Technologies by 3.3% in the fourth quarter. Geode Capital Management LLC now owns 633,821 shares of the scientific and technical instruments company’s stock valued at $123,861,000 after purchasing an additional 20,071 shares in the last quarter. Finally, Wasatch Advisors LP increased its stake in ESCO Technologies by 65.7% during the 2nd quarter. Wasatch Advisors LP now owns 477,687 shares of the scientific and technical instruments company’s stock worth $167,210,000 after buying an additional 189,433 shares during the period. 95.70% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on ESE shares. Wall Street Zen cut ESCO Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings cut ESCO Technologies from a “buy (a)” rating to a “buy (a-)” rating in a research note on Tuesday, August 11th. JPMorgan Chase & Co. initiated coverage on ESCO Technologies in a report on Monday, June 15th. They set an “overweight” rating and a $420.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $413.00 price target on shares of ESCO Technologies in a research report on Monday, August 10th. 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 company. According to MarketBeat, ESCO Technologies has an average rating of “Buy” and an average target price of $416.50.
ESCO Technologies Trading Down 2.3%
Shares of ESCO Technologies stock opened at $284.02 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.94 and a current ratio of 1.38. The company has a market capitalization of $7.36 billion, a P/E ratio of 23.40, a PEG ratio of 1.67 and a beta of 1.10. ESCO Technologies Inc. has a 1 year low of $185.75 and a 1 year high of $362.15. The company’s fifty day moving average is $324.41 and its two-hundred day moving average is $301.33.
ESCO Technologies (NYSE:ESE – Get Free Report) last posted its quarterly earnings results 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 business had revenue of $339.03 million during the quarter, compared to analysts’ expectations of $341.40 million. ESCO Technologies had a return on equity of 13.28% and a net margin of 24.39%.The company’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same period last year, the firm earned $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. Analysts forecast that ESCO Technologies Inc. will post 8.34 earnings per share for the current year.
ESCO Technologies Dividend Announcement
The firm 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 is Thursday, October 1st. This represents a $0.32 annualized dividend and a yield of 0.1%. ESCO Technologies’s payout ratio is 2.64%.
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.
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