Cambridge Capital Management LLC Buys New Shares in ESCO Technologies Inc. $ESE

Cambridge Capital Management LLC bought a new stake in ESCO Technologies Inc. (NYSE:ESE) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,187 shares of the scientific and technical instruments company’s stock, valued at approximately $228,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. GAMMA Investing LLC raised its stake in ESCO Technologies by 18.0% in the first quarter. GAMMA Investing LLC now owns 674 shares of the scientific and technical instruments company’s stock valued at $107,000 after buying an additional 103 shares in the last quarter. Blue Trust Inc. raised its stake in ESCO Technologies by 88.1% in the first quarter. Blue Trust Inc. now owns 666 shares of the scientific and technical instruments company’s stock valued at $106,000 after buying an additional 312 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in ESCO Technologies by 4.8% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 2,047 shares of the scientific and technical instruments company’s stock valued at $326,000 after buying an additional 93 shares in the last quarter. New York State Teachers Retirement System raised its stake in ESCO Technologies by 0.9% in the first quarter. New York State Teachers Retirement System now owns 11,617 shares of the scientific and technical instruments company’s stock valued at $1,848,000 after buying an additional 100 shares in the last quarter. Finally, Principal Financial Group Inc. raised its stake in ESCO Technologies by 2.7% in the first quarter. Principal Financial Group Inc. now owns 128,686 shares of the scientific and technical instruments company’s stock valued at $20,477,000 after buying an additional 3,420 shares in the last quarter. 95.70% of the stock is currently owned by hedge funds and other institutional investors.

ESCO Technologies Stock Performance

NYSE ESE opened at $214.44 on Thursday. The company has a quick ratio of 1.04, a current ratio of 1.52 and a debt-to-equity ratio of 0.38. ESCO Technologies Inc. has a 52-week low of $125.45 and a 52-week high of $223.27. The business’s 50-day moving average price is $205.72 and its 200 day moving average price is $187.88. The firm has a market cap of $5.54 billion, a P/E ratio of 48.30 and a beta of 1.23.

ESCO Technologies (NYSE:ESE) last released its quarterly earnings results on Thursday, August 7th. The scientific and technical instruments company reported $1.60 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.05). ESCO Technologies had a return on equity of 11.19% and a net margin of 10.37%.The company had revenue of $296.34 million for the quarter, compared to analysts’ expectations of $320.23 million. During the same period in the prior year, the business earned $1.16 EPS. The business’s quarterly revenue was up 13.6% compared to the same quarter last year. ESCO Technologies has set its FY 2025 guidance at 5.750-5.900 EPS. Q4 2025 guidance at 2.040-2.190 EPS. On average, equities research analysts expect that ESCO Technologies Inc. will post 5.65 earnings per share for the current year.

ESCO Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 16th. Investors of record on Thursday, October 2nd were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, October 2nd. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. ESCO Technologies’s dividend payout ratio (DPR) is currently 7.21%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on ESE shares. Wall Street Zen cut ESCO Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Weiss Ratings restated a “buy (b)” rating on shares of ESCO Technologies in a research note on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $187.50.

ESCO Technologies Profile

ESCO Technologies Inc produces and supplies engineered products and systems for industrial and commercial markets worldwide. It operates through three segments: Aerospace & Defense, Utility Solutions Group, and RF Test & Measurement. The Aerospace & Defense segment designs and manufactures filtration products, including hydraulic filter elements and fluid control devices used in commercial aerospace applications; filter mechanisms used in micro-propulsion devices for satellites; and custom designed filters for manned aircraft and submarines.