JPMorgan Chase & Co. Begins Coverage on ESCO Technologies (NYSE:ESE)

Analysts at JPMorgan Chase & Co. initiated coverage on shares of ESCO Technologies (NYSE:ESE) in a note issued to investors on Monday, Marketbeat reports. The firm set an “overweight” rating and a $420.00 price target on the scientific and technical instruments company’s stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 33.60% from the company’s previous close.

ESE has been the topic of several other reports. Weiss Ratings upgraded ESCO Technologies from a “buy (b+)” rating to a “buy (a)” rating in a research report on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $400.00 price objective on shares of ESCO Technologies in a research report on Friday, April 17th. Finally, Wall Street Zen cut ESCO Technologies from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $410.00.

ESCO Technologies Price Performance

Shares of ESCO Technologies stock opened at $314.37 on Monday. The company has a current ratio of 1.45, a quick ratio of 0.98 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $8.15 billion, a PE ratio of 26.44, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12. The business’s 50-day moving average price is $305.46 and its 200-day moving average price is $261.27. ESCO Technologies has a 12 month low of $174.92 and a 12 month high of $346.20.

ESCO Technologies (NYSE:ESE) last announced its quarterly earnings data on Thursday, May 7th. The scientific and technical instruments company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.90 by $0.01. The firm had revenue of $309.34 million for the quarter, compared to analyst estimates of $307.88 million. ESCO Technologies had a return on equity of 12.88% and a net margin of 24.69%.The company’s revenue was up 33.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.35 EPS. 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. Sell-side analysts forecast that ESCO Technologies will post 8.19 EPS for the current fiscal year.

Institutional Investors Weigh In On ESCO Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. lifted its holdings in ESCO Technologies by 97,963,600.0% in the 4th 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 buying an additional 2,938,908 shares during the period. Invesco Ltd. lifted its holdings in ESCO Technologies by 17.8% in the 4th quarter. Invesco Ltd. now owns 1,050,093 shares of the scientific and technical instruments company’s stock worth $205,178,000 after buying an additional 158,949 shares during the period. Capital World Investors lifted its holdings in ESCO Technologies by 103.4% in the 4th quarter. Capital World Investors now owns 902,956 shares of the scientific and technical instruments company’s stock worth $176,429,000 after buying an additional 458,980 shares during the period. Geode Capital Management LLC lifted its holdings in ESCO Technologies by 3.3% in the 4th quarter. Geode Capital Management LLC now owns 633,821 shares of the scientific and technical instruments company’s stock worth $123,861,000 after buying an additional 20,071 shares during the period. Finally, Alliancebernstein L.P. lifted its holdings in ESCO Technologies by 1,204.3% in the 3rd quarter. Alliancebernstein L.P. now owns 432,050 shares of the scientific and technical instruments company’s stock worth $91,210,000 after buying an additional 398,926 shares during the period. Hedge funds and other institutional investors own 95.70% of the company’s stock.

About ESCO Technologies

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.