ESAB (NYSE:ESAB) Shares Break Above 50 Day Moving Average – Here’s What Happened

Posted by Brian Himes on Oct 30th, 2026

ESAB Corporation (NYSE:ESAB – Get Free Report)’s stock price passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $70.39 and traded as high as $71.20. ESAB shares last traded at $70.8810, with a volume of 1,155,366 shares.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on ESAB. JPMorgan Chase & Co. decreased their price objective on ESAB from $125.00 to $95.00 and set an “overweight” rating for the company in a research note on Thursday, October 8th. Oppenheimer cut their target price on ESAB from $135.00 to $110.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 21st. Stifel Nicolaus set a $114.00 target price on ESAB in a report on Monday, October 19th. Roth Capital restated a “buy” rating and set a $133.00 target price (down from $151.00) on shares of ESAB in a research report on Tuesday, September 15th. Finally, Weiss Ratings lowered ESAB from a “hold (c)” rating to a “hold (c-)” rating in a research report on Tuesday, August 11th. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $118.67.

View Our Latest Stock Analysis on ESAB

ESAB Trading Down 6.2%

The company’s fifty day simple moving average is $70.11 and its two-hundred day simple moving average is $93.57. The company has a market capitalization of $4.32 billion, a price-to-earnings ratio of 13.96, a price-to-earnings-growth ratio of 1.18 and a beta of 1.19. The company has a quick ratio of 1.22, a current ratio of 1.96 and a debt-to-equity ratio of 0.99.

ESAB (NYSE:ESAB – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.37 by ($0.04). ESAB had a net margin of 5.75% and a return on equity of 14.48%. The firm had revenue of $807.63 million during the quarter, compared to analyst estimates of $755.64 million. During the same period last year, the firm earned $1.36 EPS. ESAB’s quarterly revenue was up 12.9% on a year-over-year basis. ESAB has set its FY 2026 guidance at 5.400-5.500 EPS. Research analysts forecast that ESAB Corporation will post 5.40 earnings per share for the current fiscal year.

ESAB Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Friday, October 2nd were issued a dividend of $0.12 per share. The ex-dividend date was Friday, October 2nd. This represents a $0.48 annualized dividend and a yield of 0.7%. ESAB’s payout ratio is currently 17.20%.

Insider Transactions at ESAB

In other ESAB news, Director Rhonda L. Jordan sold 1,000 shares of the business’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $95.00, for a total value of $95,000.00. Following the completion of the transaction, the director directly owned 1,000 shares of the company’s stock, valued at approximately $95,000. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 7.20% of the company’s stock.

Institutional Investors Weigh In On ESAB

Hedge funds have recently modified their holdings of the business. Oregon Public Employees Retirement Fund lifted its holdings in shares of ESAB by 2.0% in the third quarter. Oregon Public Employees Retirement Fund now owns 12,084 shares of the company’s stock valued at $796,000 after purchasing an additional 240 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of ESAB by 12.1% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 14,842 shares of the company’s stock worth $978,000 after buying an additional 1,602 shares in the last quarter. State of Wyoming grew its holdings in shares of ESAB by 63.1% during the third quarter. State of Wyoming now owns 6,949 shares of the company’s stock worth $458,000 after buying an additional 2,689 shares in the last quarter. Pinnacle Wealth Planning Services Inc. raised its position in ESAB by 86.8% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 551 shares of the company’s stock valued at $36,000 after buying an additional 256 shares during the last quarter. Finally, Pullen Investment Management LLC acquired a new stake in ESAB in the 3rd quarter valued at approximately $1,616,000. Institutional investors and hedge funds own 91.13% of the company’s stock.

About ESAB

(Get Free Report)

ESAB Corporation (NYSE: ESAB) is a global provider of welding and cutting technologies. The company develops and supplies equipment, consumables, automation solutions and related products used to join, cut and process metals across industrial and commercial applications.

Its product portfolio includes welding machines, cutting systems, welding electrodes and wires, filler metals, gas-control equipment, plasma and oxyfuel technologies, and digital or automated solutions. ESAB also offers products and services designed to support fabrication, manufacturing, construction, transportation, energy and maintenance operations.

ESAB serves customers in the Americas, Europe, the Middle East, Africa and the Asia-Pacific region through a portfolio of established brands and distribution channels.