Bessemer Group Inc. Purchases 1,038,475 Shares of ESAB Corporation $ESAB

Posted by Geri Gentry on May 16th, 2026

Bessemer Group Inc. grew its position in shares of ESAB Corporation (NYSE:ESAB – Free Report) by 6,787.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,053,776 shares of the company’s stock after buying an additional 1,038,475 shares during the quarter. Bessemer Group Inc.’s holdings in ESAB were worth $117,730,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Schwartz Investment Counsel Inc. bought a new position in shares of ESAB during the fourth quarter valued at about $8,938,000. Lafayette Investments Inc. raised its stake in shares of ESAB by 0.5% during the fourth quarter. Lafayette Investments Inc. now owns 34,266 shares of the company’s stock valued at $3,828,000 after acquiring an additional 161 shares during the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of ESAB during the fourth quarter valued at about $243,000. Van Berkom & Associates Inc. raised its stake in shares of ESAB by 6.4% during the fourth quarter. Van Berkom & Associates Inc. now owns 762,278 shares of the company’s stock valued at $85,162,000 after acquiring an additional 45,873 shares during the last quarter. Finally, Vest Financial LLC raised its stake in shares of ESAB by 11.3% during the fourth quarter. Vest Financial LLC now owns 11,616 shares of the company’s stock valued at $1,298,000 after acquiring an additional 1,184 shares during the last quarter. 91.13% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently issued reports on ESAB shares. Wall Street Zen downgraded shares of ESAB from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. JPMorgan Chase & Co. decreased their price target on shares of ESAB from $148.00 to $135.00 and set an “overweight” rating for the company in a research note on Friday, April 10th. Weiss Ratings downgraded shares of ESAB from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, April 27th. Stifel Nicolaus set a $141.00 price target on shares of ESAB in a research note on Friday, May 8th. Finally, DA Davidson decreased their price target on shares of ESAB from $146.00 to $142.00 and set a “buy” rating for the company in a research note on Thursday, April 16th. Eight investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $138.22.

View Our Latest Research Report on ESAB

ESAB Price Performance

Shares of ESAB opened at $88.65 on Friday. The stock has a market cap of $5.40 billion, a PE ratio of 26.23, a price-to-earnings-growth ratio of 1.67 and a beta of 1.24. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.26 and a current ratio of 2.97. ESAB Corporation has a fifty-two week low of $87.82 and a fifty-two week high of $137.42. The firm’s 50-day simple moving average is $99.77 and its two-hundred day simple moving average is $111.47.

ESAB (NYSE:ESAB – Get Free Report) last announced its quarterly earnings data 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). The business had revenue of $745.60 million during the quarter, compared to analysts’ expectations of $706.74 million. ESAB had a return on equity of 15.04% and a net margin of 7.11%.ESAB’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.25 EPS. Analysts anticipate that ESAB Corporation will post 5.81 earnings per share for the current fiscal year.

ESAB Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Friday, July 3rd will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.5%. This is a boost from ESAB’s previous quarterly dividend of $0.10. The ex-dividend date is Thursday, July 2nd. ESAB’s dividend payout ratio is currently 11.83%.

Insiders Place Their Bets

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

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.