Emerald Investment Advisers LLC Makes New $12.28 Million Investment in ESCO Technologies Inc. $ESE

Emerald Investment Advisers LLC bought a new position in shares of ESCO Technologies Inc. (NYSE:ESE) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 35,089 shares of the scientific and technical instruments company’s stock, valued at approximately $12,283,000. ESCO Technologies makes up 0.8% of Emerald Investment Advisers LLC’s investment portfolio, making the stock its 24th largest position.

Several other hedge funds have also modified their holdings of ESE. Horizon Investments LLC raised its position in shares of ESCO Technologies by 59.4% during the fourth quarter. Horizon Investments LLC now owns 11,821 shares of the scientific and technical instruments company’s stock worth $2,309,000 after acquiring an additional 4,406 shares during the last quarter. UBS Group AG boosted its holdings in ESCO Technologies by 14.6% in the fourth quarter. UBS Group AG now owns 28,760 shares of the scientific and technical instruments company’s stock valued at $5,619,000 after acquiring an additional 3,674 shares during the last quarter. Principal Financial Group Inc. increased its position in ESCO Technologies by 3.1% in the first quarter. Principal Financial Group Inc. now owns 149,233 shares of the scientific and technical instruments company’s stock worth $41,990,000 after purchasing an additional 4,527 shares during the period. Capital World Investors increased its position in ESCO Technologies by 103.4% in the fourth quarter. Capital World Investors now owns 902,956 shares of the scientific and technical instruments company’s stock worth $176,429,000 after purchasing an additional 458,980 shares during the period. Finally, Fifth Third Bancorp raised its holdings in ESCO Technologies by 8,434.4% during the 1st quarter. Fifth Third Bancorp now owns 63,496 shares of the scientific and technical instruments company’s stock worth $17,866,000 after purchasing an additional 62,752 shares during the last quarter. 95.70% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ESE. Wall Street Zen lowered shares of ESCO Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $413.00 price target on shares of ESCO Technologies in a research note on Monday, August 10th. JPMorgan Chase & Co. started coverage on shares of ESCO Technologies in a report on Monday, June 15th. They issued an “overweight” rating and a $420.00 price objective on the stock. Finally, Weiss Ratings cut shares of ESCO Technologies from a “buy (a)” rating to a “buy (a-)” rating in a research note on Tuesday, August 11th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $416.50.

ESCO Technologies Trading Up 0.9%

NYSE:ESE opened at $287.21 on Friday. 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 Inc. has a 1-year low of $191.80 and a 1-year high of $362.15. The firm has a market capitalization of $7.44 billion, a price-to-earnings ratio of 23.66, a PEG ratio of 1.63 and a beta of 1.10. The business’s 50-day moving average price is $323.86 and its two-hundred day moving average price is $301.23.

ESCO Technologies (NYSE:ESE) last announced its quarterly earnings results on Thursday, August 6th. The scientific and technical instruments company reported $2.20 EPS for the quarter, beating analysts’ consensus estimates of $2.12 by $0.08. The company had revenue of $339.03 million during the quarter, compared to analysts’ expectations of $341.40 million. ESCO Technologies had a return on equity of 13.28% and a net margin of 24.39%.ESCO Technologies’s revenue was up 14.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.60 EPS. 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. On average, equities analysts expect that ESCO Technologies Inc. will post 8.34 earnings per share for the current year.

ESCO Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Thursday, October 1st. ESCO Technologies’s dividend payout ratio is presently 2.64%.

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.