ESAB (NYSE:ESAB) Hits New 1-Year Low – Here’s What Happened

Posted by Stanley Muller on May 23rd, 2026

ESAB Corporation (NYSE:ESAB – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $83.17 and last traded at $90.3740, with a volume of 759347 shares. The stock had previously closed at $84.46.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Roth Mkm set a $142.00 target price on shares of ESAB in a report on Thursday, April 16th. Jefferies Financial Group restated a “buy” rating and issued a $130.00 target price (down from $150.00) on shares of ESAB in a report on Tuesday, March 31st. JPMorgan Chase & Co. cut their target price on shares of ESAB from $148.00 to $135.00 and set an “overweight” rating on the stock in a report on Friday, April 10th. Wall Street Zen cut shares of ESAB from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Finally, Stifel Nicolaus set a $141.00 target price on shares of ESAB in a report on Friday, May 8th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, ESAB has a consensus rating of “Moderate Buy” and an average target price of $139.88.

Read Our Latest Analysis on ESAB

ESAB Trading Up 0.7%

The firm has a market cap of $5.59 billion, a P/E ratio of 27.16, a PEG ratio of 1.67 and a beta of 1.24. The firm’s fifty day moving average is $97.81 and its two-hundred day moving average is $110.45. The company has a quick ratio of 2.26, a current ratio of 2.97 and a debt-to-equity ratio of 0.91.

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 the consensus estimate of $1.32 by ($0.01). The company had revenue of $745.60 million during the quarter, compared to the consensus estimate of $706.74 million. ESAB had a net margin of 7.11% and a return on equity of 15.04%. The business’s revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.25 EPS. Analysts predict that ESAB Corporation will post 5.81 earnings per share for the current fiscal year.

ESAB Increases Dividend

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

Insiders Place Their Bets

In related news, CEO Shyam Kambeyanda sold 59,404 shares of ESAB stock in a transaction on 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 $12,362,164.56. The trade was a 37.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 7.20% of the stock is currently owned by company insiders.

Institutional Trading of ESAB

Several large investors have recently added to or reduced their stakes in the stock. Bessemer Group Inc. boosted its holdings in shares of ESAB by 6,787.0% during the 4th quarter. Bessemer Group Inc. now owns 1,053,776 shares of the company’s stock valued at $117,730,000 after buying an additional 1,038,475 shares in the last quarter. Norges Bank bought a new stake in shares of ESAB during the 4th quarter valued at $85,692,000. Capital Research Global Investors bought a new stake in shares of ESAB during the 4th quarter valued at $69,099,000. Price T Rowe Associates Inc. MD boosted its holdings in shares of ESAB by 11.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,852,692 shares of the company’s stock valued at $653,864,000 after buying an additional 613,327 shares in the last quarter. Finally, Durable Capital Partners LP boosted its holdings in shares of ESAB by 40.5% during the 3rd quarter. Durable Capital Partners LP now owns 1,945,854 shares of the company’s stock valued at $217,430,000 after buying an additional 560,678 shares in the last quarter. Institutional investors own 91.13% of the company’s stock.

ESAB Company Profile

(Get 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.