UBS Group AG Reduces Stock Position in ESAB Corporation $ESAB

Posted by Stanley Muller on May 13th, 2026

UBS Group AG lowered its stake in shares of ESAB Corporation (NYSE:ESAB – Free Report) by 18.6% during the 4th quarter, HoldingsChannel reports. The fund owned 151,739 shares of the company’s stock after selling 34,720 shares during the period. UBS Group AG’s holdings in ESAB were worth $16,952,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in ESAB. FNY Investment Advisers LLC purchased a new stake in shares of ESAB in the third quarter worth $30,000. Northwestern Mutual Wealth Management Co. raised its position in shares of ESAB by 109.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 333 shares of the company’s stock worth $40,000 after buying an additional 174 shares in the last quarter. AlphaQuest LLC purchased a new stake in shares of ESAB in the third quarter worth $58,000. Hantz Financial Services Inc. raised its position in shares of ESAB by 59.5% in the third quarter. Hantz Financial Services Inc. now owns 681 shares of the company’s stock worth $76,000 after buying an additional 254 shares in the last quarter. Finally, Danske Bank A S purchased a new stake in shares of ESAB in the third quarter worth $78,000. Hedge funds and other institutional investors own 91.13% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Shyam Kambeyanda sold 59,404 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $123.79, for a total transaction of $7,353,621.16. Following the transaction, the chief executive officer directly owned 99,864 shares of the company’s stock, valued at approximately $12,362,164.56. This trade represents a 37.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 7.20% of the stock is owned by insiders.

Analysts Set New Price Targets

ESAB has been the topic of a number of recent analyst reports. Oppenheimer reiterated an “outperform” rating and issued a $140.00 price objective on shares of ESAB in a research report on Tuesday, April 14th. Stifel Nicolaus set a $141.00 price objective on ESAB in a research report on Friday. Jefferies Financial Group reiterated a “buy” rating and issued a $130.00 price objective (down from $150.00) on shares of ESAB in a research report on Tuesday, March 31st. JPMorgan Chase & Co. lowered their price objective on ESAB from $148.00 to $135.00 and set an “overweight” rating on the stock in a research report on Friday, April 10th. Finally, Wall Street Zen downgraded ESAB from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, ESAB currently has a consensus rating of “Moderate Buy” and a consensus target price of $138.22.

View Our Latest Analysis on ESAB

ESAB Trading Down 2.3%

NYSE ESAB opened at $94.32 on Wednesday. The stock’s 50-day simple moving average is $101.48 and its two-hundred day simple moving average is $112.06. ESAB Corporation has a twelve month low of $89.41 and a twelve month high of $137.42. The company has a quick ratio of 2.26, a current ratio of 2.97 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $5.74 billion, a price-to-earnings ratio of 27.90, a PEG ratio of 1.77 and a beta of 1.24.

ESAB (NYSE:ESAB – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $1.31 earnings per share for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.01). ESAB had a net margin of 7.11% and a return on equity of 15.04%. The firm had revenue of $745.60 million for the quarter, compared to analysts’ expectations of $706.74 million. During the same quarter in the previous year, the business earned $1.25 EPS. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. Research analysts forecast that ESAB Corporation will post 5.81 EPS for the current fiscal year.

ESAB Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Friday, July 3rd will be given a dividend of $0.12 per share. The ex-dividend date is Thursday, July 2nd. This is a positive change from ESAB’s previous quarterly dividend of $0.10. This represents a $0.48 dividend on an annualized basis and a yield of 0.5%. ESAB’s dividend payout ratio (DPR) is 11.83%.

About ESAB

(Free Report)

ESAB Corporation is a global leader in welding, cutting and gas control technologies, offering a comprehensive portfolio of equipment, consumables and automation solutions. The company’s products include welding power sources, cutting machines, torches, electrodes, filler metals and gas regulating equipment designed to meet the needs of diverse industries. ESAB serves sectors such as construction, shipbuilding, automotive, energy, infrastructure and manufacturing, providing both standard and customized solutions to enhance productivity and quality in metal fabrication and processing.

Founded in 1904 by Swedish inventor Oscar Kjellberg, ESAB pioneered the development of coated welding electrodes, laying the groundwork for modern welding practices.