Hood River Capital Management LLC grew its holdings in ESCO Technologies Inc. (NYSE:ESE – Free Report) by 60.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 303,651 shares of the scientific and technical instruments company’s stock after purchasing an additional 113,940 shares during the quarter. Hood River Capital Management LLC’s holdings in ESCO Technologies were worth $58,262,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of the business. Nuveen LLC acquired a new position in ESCO Technologies during the first quarter worth about $90,067,000. Invesco Ltd. grew its holdings in shares of ESCO Technologies by 345.8% during the 2nd quarter. Invesco Ltd. now owns 707,244 shares of the scientific and technical instruments company’s stock valued at $135,699,000 after purchasing an additional 548,600 shares during the last quarter. Driehaus Capital Management LLC acquired a new position in ESCO Technologies during the 1st quarter worth approximately $33,784,000. Fuller & Thaler Asset Management Inc. bought a new position in ESCO Technologies in the 1st quarter valued at approximately $30,882,000. Finally, Prudential Financial Inc. boosted its position in ESCO Technologies by 94.9% in the second quarter. Prudential Financial Inc. now owns 185,928 shares of the scientific and technical instruments company’s stock valued at $35,674,000 after buying an additional 90,528 shares in the last quarter. 95.70% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
ESE has been the subject of several research analyst reports. Weiss Ratings upgraded shares of ESCO Technologies from a “buy (b)” rating to a “buy (a)” rating in a report on Tuesday, December 2nd. Wall Street Zen upgraded shares of ESCO Technologies from a “hold” rating to a “buy” rating in a research report on Saturday. One research analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. Based on data from MarketBeat, ESCO Technologies presently has an average rating of “Buy” and an average target price of $187.50.
ESCO Technologies Stock Performance
Shares of ESCO Technologies stock opened at $195.49 on Monday. The business has a 50-day moving average price of $214.27 and a two-hundred day moving average price of $200.72. ESCO Technologies Inc. has a 1-year low of $127.17 and a 1-year high of $229.46. The company has a current ratio of 1.35, a quick ratio of 0.93 and a debt-to-equity ratio of 0.11. The company has a market cap of $5.05 billion, a P/E ratio of 16.93 and a beta of 1.22.
ESCO Technologies (NYSE:ESE – Get Free Report) last announced its quarterly earnings data on Thursday, November 20th. The scientific and technical instruments company reported $2.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.13 by $0.19. The company had revenue of $286.50 million for the quarter, compared to the consensus estimate of $306.39 million. ESCO Technologies had a return on equity of 12.21% and a net margin of 25.76%.The firm’s revenue was up 28.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.46 EPS. ESCO Technologies has set its Q1 2026 guidance at 1.250-1.350 EPS and its FY 2026 guidance at 7.500-7.800 EPS. As a group, analysts anticipate that ESCO Technologies Inc. will post 5.65 EPS for the current year.
ESCO Technologies Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Friday, January 2nd will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, January 2nd. ESCO Technologies’s dividend payout ratio is 2.77%.
Insider Transactions at ESCO Technologies
In other ESCO Technologies news, CFO Christopher L. Tucker sold 5,000 shares of the company’s stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $220.15, for a total transaction of $1,100,750.00. Following the transaction, the chief financial officer owned 20,121 shares in the company, valued at approximately $4,429,638.15. This represents a 19.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Vinod M. Khilnani sold 3,000 shares of ESCO Technologies stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $217.99, for a total transaction of $653,970.00. Following the transaction, the director directly owned 20,468 shares in the company, valued at $4,461,819.32. This represents a 12.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 21,699 shares of company stock valued at $4,778,734 over the last ninety days. Company insiders own 0.70% of the company’s stock.
ESCO Technologies Company Profile
ESCO Technologies Inc produces and supplies engineered products and systems for industrial and commercial markets worldwide. It operates through three segments: Aerospace & Defense, Utility Solutions Group, and RF Test & Measurement. The Aerospace & Defense segment designs and manufactures filtration products, including hydraulic filter elements and fluid control devices used in commercial aerospace applications; filter mechanisms used in micro-propulsion devices for satellites; and custom designed filters for manned aircraft and submarines.
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