ESAB (NYSE:ESAB) Issues FY 2026 Earnings Guidance

ESAB (NYSE:ESAB) updated its FY 2026 earnings guidance on Friday. The company provided EPS guidance of 5.700-5.900 for the period, compared to the consensus EPS estimate of 5.780. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of research firms have weighed in on ESAB. Roth Mkm set a $142.00 price target on shares of ESAB in a research note on Thursday, April 16th. DA Davidson decreased their price target on shares of ESAB from $146.00 to $142.00 and set a “buy” rating on the stock in a research note on Thursday, April 16th. JPMorgan Chase & Co. decreased their price target on shares of ESAB from $148.00 to $135.00 and set an “overweight” rating on the stock in a research note on Friday, April 10th. Weiss Ratings downgraded shares of ESAB from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, April 27th. Finally, Wall Street Zen downgraded shares of ESAB from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $139.88.

ESAB Stock Performance

ESAB stock opened at $93.05 on Friday. The stock has a 50-day simple moving average of $97.30 and a 200 day simple moving average of $109.88. The company has a quick ratio of 2.26, a current ratio of 2.97 and a debt-to-equity ratio of 0.91. ESAB has a 12-month low of $83.17 and a 12-month high of $137.42. The stock has a market capitalization of $5.66 billion, a price-to-earnings ratio of 27.53, a P/E/G ratio of 1.72 and a beta of 1.24.

ESAB (NYSE:ESAB) last released its quarterly earnings results on Thursday, May 7th. The company reported $1.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.32 by ($0.01). The business had revenue of $745.60 million during the quarter, compared to the consensus estimate of $706.74 million. ESAB had a net margin of 7.11% and a return on equity of 15.04%. The business’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.25 earnings per share. On average, research analysts anticipate that ESAB will post 5.81 earnings per share for the current fiscal year.

ESAB Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Friday, July 3rd will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 0.5%. 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. ESAB’s dividend payout ratio (DPR) is currently 11.83%.

Institutional Trading of ESAB

A number of large investors have recently bought and sold shares of ESAB. Price T Rowe Associates Inc. MD grew its stake in shares of ESAB by 11.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 5,852,692 shares of the company’s stock worth $653,864,000 after acquiring an additional 613,327 shares in the last quarter. Durable Capital Partners LP grew its stake in shares of ESAB by 40.5% during the 3rd 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 in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of ESAB by 3.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,181,526 shares of the company’s stock worth $132,008,000 after acquiring an additional 35,782 shares in the last quarter. Northern Trust Corp grew its stake in shares of ESAB by 0.3% during the 3rd quarter. Northern Trust Corp now owns 518,241 shares of the company’s stock worth $57,908,000 after acquiring an additional 1,652 shares in the last quarter. Finally, FIL Ltd grew its stake in shares of ESAB by 2.9% during the 4th quarter. FIL Ltd now owns 494,727 shares of the company’s stock worth $55,271,000 after acquiring an additional 14,000 shares in the last quarter. 91.13% of the stock is owned by institutional investors.

About ESAB

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.