1,598 Shares in ESCO Technologies Inc. $ESE Acquired by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC purchased a new stake in ESCO Technologies Inc. (NYSE:ESEFree Report) during the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 1,598 shares of the scientific and technical instruments company’s stock, valued at approximately $450,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of ESCO Technologies by 97,963,600.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,938,911 shares of the scientific and technical instruments company’s stock valued at $574,234,000 after purchasing an additional 2,938,908 shares during the last quarter. Invesco Ltd. increased its stake in ESCO Technologies by 17.8% in the 4th quarter. Invesco Ltd. now owns 1,050,093 shares of the scientific and technical instruments company’s stock worth $205,178,000 after purchasing an additional 158,949 shares in the last quarter. Capital World Investors raised its holdings in ESCO Technologies by 103.4% during the 4th quarter. Capital World Investors now owns 902,956 shares of the scientific and technical instruments company’s stock worth $176,429,000 after buying an additional 458,980 shares during the period. Geode Capital Management LLC raised its holdings in ESCO Technologies by 3.3% during the 4th quarter. Geode Capital Management LLC now owns 633,821 shares of the scientific and technical instruments company’s stock worth $123,861,000 after buying an additional 20,071 shares during the period. Finally, Alliancebernstein L.P. raised its holdings in ESCO Technologies by 1,204.3% during the 3rd quarter. Alliancebernstein L.P. now owns 432,050 shares of the scientific and technical instruments company’s stock worth $91,210,000 after buying an additional 398,926 shares during the period. Institutional investors and hedge funds own 95.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. JPMorgan Chase & Co. started coverage on shares of ESCO Technologies in a report on Monday, June 15th. They issued an “overweight” rating and a $420.00 target price for the company. Wall Street Zen lowered shares of ESCO Technologies from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings upgraded shares of ESCO Technologies from a “buy (b+)” rating to a “buy (a)” rating in a research report on Tuesday, May 12th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $400.00 price objective on shares of ESCO Technologies in a research note on Friday, April 17th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $410.00.

Read Our Latest Research Report on ESE

ESCO Technologies Price Performance

Shares of NYSE:ESE opened at $332.70 on Thursday. The company has a current ratio of 1.45, a quick ratio of 0.98 and a debt-to-equity ratio of 0.08. ESCO Technologies Inc. has a 1 year low of $174.92 and a 1 year high of $362.15. The business has a fifty day simple moving average of $316.86 and a 200 day simple moving average of $278.53. The firm has a market cap of $8.62 billion, a price-to-earnings ratio of 27.98, a P/E/G ratio of 2.05 and a beta of 1.09.

ESCO Technologies (NYSE:ESEGet Free Report) last announced its quarterly earnings results on Thursday, May 7th. The scientific and technical instruments company reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.90 by $0.01. The business had revenue of $309.34 million during the quarter, compared to analyst estimates of $307.88 million. ESCO Technologies had a return on equity of 12.88% and a net margin of 24.69%.The firm’s revenue was up 33.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.35 EPS. ESCO Technologies has set its Q3 2026 guidance at 2.050-2.150 EPS and its FY 2026 guidance at 8.000-8.250 EPS. As a group, sell-side analysts predict that ESCO Technologies Inc. will post 8.2 earnings per share for the current fiscal year.

ESCO Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, July 2nd will be paid a $0.08 dividend. The ex-dividend date is Thursday, July 2nd. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. ESCO Technologies’s payout ratio is 2.69%.

ESCO Technologies Profile

(Free Report)

ESCO Technologies Inc is a diversified manufacturer of engineered products and systems designed to meet customers’ critical performance requirements in the test, measurement, control, and filtration of data, fluids, and gases. The company serves a wide range of end markets, including commercial aerospace, defense, industrial, medical, and communication network sectors. ESCO’s solutions are tailored to environments where reliability, precision and regulatory compliance are paramount.

Operating through multiple business segments, ESCO Technologies delivers test and measurement instruments such as RF and microwave components, signal distribution systems, and integrated test enclosures that support defense and aerospace programs.

See Also

Want to see what other hedge funds are holding ESE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ESCO Technologies Inc. (NYSE:ESEFree Report).

Institutional Ownership by Quarter for ESCO Technologies (NYSE:ESE)

Receive News & Ratings for ESCO Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ESCO Technologies and related companies with MarketBeat.com's FREE daily email newsletter.