ESAB (NYSE:ESAB) Hits New 52-Week Low – Here’s Why

Posted by Francis Steltz on Jun 10th, 2026

ESAB Corporation (NYSE:ESAB – Get Free Report)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as $83.09 and last traded at $82.74, with a volume of 686551 shares changing hands. The stock had previously closed at $88.48.

Analyst Ratings Changes

A number of brokerages recently issued reports on ESAB. Stifel Nicolaus set a $141.00 target price on ESAB in a report on Friday, May 8th. Weiss Ratings lowered ESAB from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, April 27th. DA Davidson cut their price objective on ESAB from $146.00 to $142.00 and set a “buy” rating on the stock in a report on Thursday, April 16th. Roth Mkm set a $142.00 price objective on shares of ESAB in a research note on Thursday, April 16th. Finally, Wall Street Zen downgraded shares of ESAB from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $139.88.

View Our Latest Stock Analysis on ESAB

ESAB Stock Performance

The stock has a market capitalization of $5.04 billion, a PE ratio of 24.48, a P/E/G ratio of 1.61 and a beta of 1.19. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.26 and a current ratio of 2.97. The firm has a 50 day moving average of $96.35 and a 200-day moving average of $108.67.

ESAB (NYSE:ESAB – Get Free Report) last issued its 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 business had revenue of $745.60 million during the quarter, compared to analyst estimates of $706.74 million. During the same quarter in the prior year, the company earned $1.25 EPS. ESAB’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 earnings per share for the current year.

ESAB Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Friday, July 3rd will be given a dividend of $0.12 per share. The ex-dividend date of this dividend 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 0.6%. ESAB’s payout ratio is 11.83%.

Hedge Funds Weigh In On ESAB

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ESAB. T. Rowe Price Investment Management Inc. lifted its position in shares of ESAB by 0.6% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 8,006,238 shares of the company’s stock worth $894,457,000 after buying an additional 45,841 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of ESAB by 11.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 5,852,692 shares of the company’s stock valued at $653,864,000 after acquiring an additional 613,327 shares during the period. Durable Capital Partners LP grew its stake in shares of ESAB by 40.5% in the third quarter. Durable Capital Partners LP now owns 1,945,854 shares of the company’s stock worth $217,430,000 after acquiring an additional 560,678 shares during the last quarter. Geode Capital Management LLC grew its position in ESAB by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 1,318,269 shares of the company’s stock worth $147,300,000 after purchasing an additional 16,466 shares during the last quarter. Finally, Bessemer Group Inc. raised its holdings in ESAB by 16.3% in the 1st quarter. Bessemer Group Inc. now owns 1,225,702 shares of the company’s stock valued at $118,475,000 after acquiring an additional 171,926 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.