ESCO Technologies (NYSE:ESE) Lowered to Hold Rating by Wall Street Zen

Wall Street Zen cut shares of ESCO Technologies (NYSE:ESEFree Report) from a buy rating to a hold rating in a report issued on Saturday morning.

Several other research firms also recently commented on ESE. Weiss Ratings downgraded shares of ESCO Technologies from a “buy (a-)” rating to a “buy (b)” rating in a research note on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $400.00 price target on shares of ESCO Technologies in a research note on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, ESCO Technologies has a consensus rating of “Buy” and a consensus target price of $400.00.

View Our Latest Stock Report on ESE

ESCO Technologies Stock Performance

NYSE:ESE opened at $302.83 on Friday. The company has a fifty day simple moving average of $292.85 and a two-hundred day simple moving average of $246.69. The company has a market cap of $7.84 billion, a price-to-earnings ratio of 25.47, a price-to-earnings-growth ratio of 1.89 and a beta of 1.18. The company has a quick ratio of 0.89, a current ratio of 1.33 and a debt-to-equity ratio of 0.08. ESCO Technologies has a 52 week low of $172.70 and a 52 week high of $346.20.

ESCO Technologies (NYSE:ESEGet Free Report) last posted its quarterly earnings results on Thursday, May 7th. The scientific and technical instruments company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.90 by $0.01. The business had revenue of $309.34 million during the quarter, compared to the consensus estimate of $307.88 million. ESCO Technologies had a net margin of 24.69% and a return on equity of 13.12%. The company’s quarterly revenue was up 33.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.35 earnings per share. 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, equities analysts anticipate that ESCO Technologies will post 8.1 earnings per share for the current fiscal year.

ESCO Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, July 2nd will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Thursday, July 2nd. ESCO Technologies’s payout ratio is 2.72%.

Institutional Investors Weigh In On ESCO Technologies

Several institutional investors have recently modified their holdings of ESE. Northwestern Mutual Wealth Management Co. lifted its position in shares of ESCO Technologies by 97,963,600.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,938,911 shares of the scientific and technical instruments company’s stock worth $574,234,000 after purchasing an additional 2,938,908 shares during the last quarter. Capital World Investors lifted its position in ESCO Technologies by 103.4% in the fourth quarter. Capital World Investors now owns 902,956 shares of the scientific and technical instruments company’s stock valued at $176,429,000 after acquiring an additional 458,980 shares during the last quarter. Alliancebernstein L.P. lifted its position in ESCO Technologies by 1,204.3% in the third quarter. Alliancebernstein L.P. now owns 432,050 shares of the scientific and technical instruments company’s stock valued at $91,210,000 after acquiring an additional 398,926 shares during the last quarter. Wasatch Advisors LP purchased a new stake in ESCO Technologies in the first quarter valued at $81,106,000. Finally, Invesco Ltd. lifted its position in ESCO Technologies by 26.0% in the third quarter. Invesco Ltd. now owns 891,144 shares of the scientific and technical instruments company’s stock valued at $188,129,000 after acquiring an additional 183,900 shares during the last quarter. 95.70% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting ESCO Technologies

Here are the key news stories impacting ESCO Technologies this week:

ESCO Technologies Company Profile

(Get 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

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.