SummitTX Capital L.P. Takes Position in ESCO Technologies Inc. $ESE

SummitTX Capital L.P. acquired a new position in shares of ESCO Technologies Inc. (NYSE:ESE) in the first quarter, HoldingsChannel.com reports. The institutional investor acquired 17,227 shares of the scientific and technical instruments company’s stock, valued at approximately $4,847,000.

Several other institutional investors have also recently modified their holdings of the stock. Lazard Asset Management LLC lifted its stake in ESCO Technologies by 560.0% in the 1st quarter. Lazard Asset Management LLC now owns 24,243 shares of the scientific and technical instruments company’s stock valued at $6,821,000 after buying an additional 20,570 shares in the last quarter. Dean Capital Management increased its position in ESCO Technologies by 74.2% during the first quarter. Dean Capital Management now owns 5,120 shares of the scientific and technical instruments company’s stock worth $1,441,000 after buying an additional 2,181 shares in the last quarter. Sei Investments Co. increased its position in ESCO Technologies by 41.0% during the first quarter. Sei Investments Co. now owns 79,692 shares of the scientific and technical instruments company’s stock worth $22,423,000 after buying an additional 23,170 shares in the last quarter. Globeflex Capital L P raised its holdings in shares of ESCO Technologies by 4,059.9% in the first quarter. Globeflex Capital L P now owns 32,281 shares of the scientific and technical instruments company’s stock worth $9,083,000 after acquiring an additional 31,505 shares during the last quarter. Finally, State of Wyoming acquired a new position in shares of ESCO Technologies in the first quarter worth $38,000. 95.70% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $400.00 price objective on shares of ESCO Technologies in a research report on Friday, April 17th. Wall Street Zen downgraded shares of ESCO Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Weiss Ratings raised shares of ESCO Technologies from a “buy (a-)” rating to a “buy (a)” rating in a research note on Tuesday, July 21st. Finally, JPMorgan Chase & Co. initiated coverage on shares of ESCO Technologies in a report on Monday, June 15th. They issued an “overweight” rating and a $420.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $410.00.

ESCO Technologies Price Performance

ESE opened at $323.86 on Tuesday. ESCO Technologies Inc. has a 1 year low of $174.92 and a 1 year high of $362.15. The company’s 50 day simple moving average is $320.83 and its 200 day simple moving average is $290.06. The stock has a market capitalization of $8.39 billion, a PE ratio of 27.24, a P/E/G ratio of 2.01 and a beta of 1.09. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.98 and a current ratio of 1.45.

ESCO Technologies (NYSE:ESE) last issued its quarterly earnings results on Thursday, May 7th. The scientific and technical instruments company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.90 by $0.01. The firm had revenue of $309.34 million during the quarter, compared to analyst estimates of $307.88 million. ESCO Technologies had a net margin of 24.69% and a return on equity of 12.88%. ESCO Technologies’s revenue for the quarter was up 33.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.35 earnings per share. 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. As a group, sell-side analysts expect that ESCO Technologies Inc. will post 8.2 EPS for the current year.

ESCO Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Thursday, July 2nd were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Thursday, July 2nd. ESCO Technologies’s dividend payout ratio is presently 2.69%.

ESCO Technologies 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.