Esterline Technologies Co. (ESL) Major Shareholder Hawkeye Fund Fpa Sells 6,000 Shares

Esterline Technologies Co. (NYSE:ESL) major shareholder Hawkeye Fund Fpa sold 6,000 shares of the stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $75.63, for a total value of $453,780.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Shares of Esterline Technologies Co. (NYSE ESL) traded down $0.15 during trading on Thursday, reaching $75.65. The company had a trading volume of 146,700 shares, compared to its average volume of 157,750. The firm has a market cap of $2,252.91, a P/E ratio of 19.40, a PEG ratio of 1.62 and a beta of 1.43. Esterline Technologies Co. has a twelve month low of $68.30 and a twelve month high of $102.70. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.25 and a quick ratio of 2.03.

Esterline Technologies (NYSE:ESL) last issued its quarterly earnings data on Thursday, November 9th. The aerospace company reported $1.27 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.53 by ($0.26). The business had revenue of $531.50 million for the quarter, compared to analyst estimates of $540.55 million. Esterline Technologies had a return on equity of 7.68% and a net margin of 5.86%. The business’s quarterly revenue was down 2.3% compared to the same quarter last year. During the same period in the previous year, the business posted $1.96 EPS. equities research analysts predict that Esterline Technologies Co. will post 3.85 EPS for the current fiscal year.

A number of institutional investors have recently modified their holdings of ESL. Dimensional Fund Advisors LP raised its stake in shares of Esterline Technologies by 0.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,510,338 shares of the aerospace company’s stock valued at $226,308,000 after purchasing an additional 11,085 shares during the period. Vanguard Group Inc. raised its stake in shares of Esterline Technologies by 0.9% in the 2nd quarter. Vanguard Group Inc. now owns 2,454,359 shares of the aerospace company’s stock valued at $232,673,000 after purchasing an additional 22,930 shares during the period. State Street Corp raised its stake in shares of Esterline Technologies by 1.9% in the 2nd quarter. State Street Corp now owns 1,082,486 shares of the aerospace company’s stock valued at $102,617,000 after purchasing an additional 20,181 shares during the period. Fiduciary Management Inc. WI raised its stake in shares of Esterline Technologies by 6.6% in the 3rd quarter. Fiduciary Management Inc. WI now owns 1,037,564 shares of the aerospace company’s stock valued at $93,536,000 after purchasing an additional 64,608 shares during the period. Finally, Goldman Sachs Group Inc. raised its stake in shares of Esterline Technologies by 12.0% in the 2nd quarter. Goldman Sachs Group Inc. now owns 935,158 shares of the aerospace company’s stock valued at $88,653,000 after purchasing an additional 100,543 shares during the period. 91.20% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts have commented on ESL shares. Seaport Global Securities started coverage on Esterline Technologies in a research report on Tuesday, September 12th. They issued a “neutral” rating and a $93.00 price objective on the stock. Credit Suisse Group reissued a “neutral” rating and issued a $70.00 price target (down previously from $100.00) on shares of Esterline Technologies in a research note on Tuesday, December 12th. SunTrust Banks downgraded Esterline Technologies from a “buy” rating to a “hold” rating and set a $106.00 price target on the stock. in a research note on Friday, November 10th. ValuEngine raised Esterline Technologies from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Finally, Canaccord Genuity reissued a “hold” rating on shares of Esterline Technologies in a research note on Friday, October 13th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company. Esterline Technologies has an average rating of “Hold” and a consensus price target of $85.33.

WARNING: “Esterline Technologies Co. (ESL) Major Shareholder Hawkeye Fund Fpa Sells 6,000 Shares” was posted by Ticker Report and is the property of of Ticker Report. If you are accessing this report on another publication, it was illegally stolen and republished in violation of United States & international copyright law. The correct version of this report can be accessed at https://www.tickerreport.com/banking-finance/3125606/esterline-technologies-co-esl-major-shareholder-hawkeye-fund-fpa-sells-6000-shares.html.

Esterline Technologies Company Profile

Esterline Technologies Corporation is a specialized manufacturing company. The Company designs, manufactures and markets engineered products and systems for application within the industries it serves. The Company operates through three segments: Avionics & Controls, Sensors & Systems, and Advanced Materials.

Insider Buying and Selling by Quarter for Esterline Technologies (NYSE:ESL)

Receive News & Ratings for Esterline Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Esterline Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2018 Ticker Report. Google+.