ESCO Technologies (NYSE:ESE) Stock Gets Price Target Trim from JPMorgan Chase & Co.

ESCO Technologies (NYSE:ESE) had its target price trimmed by JPMorgan Chase & Co. from $420.00 to $350.00 in a research note released on Tuesday,Benzinga reports. The brokerage currently has an overweight rating on the scientific and technical instruments company’s stock.

ESE has been the topic of several other reports. Weiss Ratings lowered ESCO Technologies from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, September 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $413.00 price objective on shares of ESCO Technologies in a research report on Monday, August 10th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $381.50.

ESCO Technologies Stock Down 2.0%

Shares of NYSE ESE opened at $252.19 on Tuesday. The stock has a fifty day moving average price of $274.01 and a 200 day moving average price of $300.88. The company has a current ratio of 1.38, a quick ratio of 0.94 and a debt-to-equity ratio of 0.04. ESCO Technologies has a 12-month low of $193.68 and a 12-month high of $362.15. The company has a market cap of $6.53 billion, a P/E ratio of 31.90, a P/E/G ratio of 1.33 and a beta of 1.05.

ESCO Technologies (NYSE:ESE) last issued its quarterly earnings data on Thursday, August 6th. The scientific and technical instruments company reported $2.20 EPS for the quarter, topping analysts’ consensus estimates of $2.12 by $0.08. ESCO Technologies had a return on equity of 13.28% and a net margin of 24.39%. The company had revenue of $339.03 million for the quarter, compared to analysts’ expectations of $341.40 million. During the same quarter in the previous year, the firm posted $1.60 earnings per share. The firm’s quarterly revenue was up 14.4% on a year-over-year basis. 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. Research analysts anticipate that ESCO Technologies will post 8.35 EPS for the current fiscal year.

ESCO Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Thursday, October 1st were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $0.32 annualized dividend and a yield of 0.1%. ESCO Technologies’s payout ratio is 2.64%.

Hedge Funds Weigh In On ESCO Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC increased its position in shares of ESCO Technologies by 1.6% during the second quarter. Sequoia Financial Advisors LLC now owns 2,462 shares of the scientific and technical instruments company’s stock worth $862,000 after acquiring an additional 38 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of ESCO Technologies by 1.4% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,726 shares of the scientific and technical instruments company’s stock worth $1,304,000 after acquiring an additional 53 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in ESCO Technologies in the second quarter valued at about $27,000. HB Wealth Management LLC boosted its holdings in ESCO Technologies by 6.9% in the first quarter. HB Wealth Management LLC now owns 1,207 shares of the scientific and technical instruments company’s stock valued at $340,000 after purchasing an additional 78 shares during the last quarter. Finally, Whittier Trust Co. grew its stake in ESCO Technologies by 42.0% during the 1st quarter. Whittier Trust Co. now owns 284 shares of the scientific and technical instruments company’s stock valued at $83,000 after purchasing an additional 84 shares in the last quarter. 95.70% of the stock is owned by hedge funds and other institutional investors.

ESCO Technologies Company Profile

ESCO Technologies Inc is a diversified manufacturer headquartered in St. Louis, Missouri, serving customers in the aerospace, defense, space, utility, telecommunications, and industrial markets. The company develops and manufactures specialized products and systems used in testing, monitoring, communications, power delivery, and environmental control.

ESCO’s aerospace and defense businesses provide filtration, fluid-control, thermal-management, and other engineered products for aircraft, spacecraft, military vehicles, and industrial applications.