Rhonda Jordan Sells 1,000 Shares of ESAB (NYSE:ESAB) Stock

Posted by on Aug 12th, 2026

ESAB Corporation (NYSE:ESAB – Get Free Report) Director Rhonda Jordan sold 1,000 shares of the stock in a transaction that occurred on 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 sale, the director directly owned 1,000 shares of the company’s stock, valued at approximately $95,000. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

ESAB Stock Up 2.8%

Shares of NYSE:ESAB opened at $87.99 on Wednesday. The stock has a market cap of $5.47 billion, a price-to-earnings ratio of 31.54, a PEG ratio of 1.67 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 Corporation has a 12-month low of $82.18 and a 12-month high of $137.42. The business’s 50 day moving average is $91.69 and its 200 day moving average is $101.68.

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). The company had revenue of $807.63 million for the quarter, compared to the consensus estimate of $755.64 million. ESAB had a return on equity of 14.48% and a net margin of 5.75%.The company’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.36 EPS. ESAB has set its FY 2026 guidance at 5.400-5.500 EPS. On average, sell-side analysts forecast that ESAB Corporation will post 5.46 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. DA Davidson began coverage on shares of ESAB in a report on Monday, June 15th. They issued a “buy” rating and a $130.00 target price for the company. Roth Capital boosted their price target on shares of ESAB from $142.00 to $151.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Stifel Nicolaus reduced their price objective on shares of ESAB from $141.00 to $137.00 and set a “buy” rating for the company in a research report on Monday, July 20th. Oppenheimer decreased their price objective on shares of ESAB from $140.00 to $135.00 and set an “outperform” rating for the company in a research note on Tuesday, July 21st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of ESAB in a research report on Friday, July 24th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $138.38.

View Our Latest Analysis on ESAB

Institutional Investors Weigh In On ESAB

Several large investors have recently made changes to their positions in the business. Los Angeles Capital Management LLC bought a new stake in shares of ESAB during the 4th quarter worth $33,000. Northwestern Mutual Wealth Management Co. grew its position in ESAB by 109.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 333 shares of the company’s stock valued at $40,000 after buying an additional 174 shares during the period. Smartleaf Asset Management LLC increased its holdings in ESAB by 259.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 381 shares of the company’s stock worth $43,000 after buying an additional 275 shares during the last quarter. Global Retirement Partners LLC raised its position in ESAB by 3,023.1% in the fourth quarter. Global Retirement Partners LLC now owns 406 shares of the company’s stock worth $45,000 after acquiring an additional 393 shares during the period. Finally, UMB Bank n.a. raised its position in ESAB by 185.3% in the fourth quarter. UMB Bank n.a. now owns 642 shares of the company’s stock worth $72,000 after acquiring an additional 417 shares during the period. 91.13% of the stock is owned by hedge funds and other institutional investors.

About ESAB

(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.

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