JPMorgan Chase & Co. Begins Coverage on ESCO Technologies (NYSE:ESE)

Research analysts at JPMorgan Chase & Co. began coverage on shares of ESCO Technologies (NYSE:ESE) in a research report issued to clients and investors on Monday, Marketbeat.com reports. The brokerage set an “overweight” rating and a $420.00 price target on the scientific and technical instruments company’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 33.60% from the stock’s previous close.

ESE has been the subject of several other research reports. Wall Street Zen lowered ESCO Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $400.00 price objective on shares of ESCO Technologies in a report on Friday, April 17th. Finally, Weiss Ratings upgraded shares of ESCO Technologies from a “buy (b+)” rating to a “buy (a)” rating in a report on Tuesday, May 12th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $410.00.

ESCO Technologies Trading Up 0.2%

NYSE ESE opened at $314.37 on Monday. ESCO Technologies has a fifty-two week low of $174.92 and a fifty-two week high of $346.20. The stock has a market cap of $8.15 billion, a P/E ratio of 26.44, a price-to-earnings-growth ratio of 1.93 and a beta of 1.12. The stock has a 50 day simple moving average of $305.46 and a two-hundred day simple moving average of $261.27. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.98 and a current ratio of 1.45.

ESCO Technologies (NYSE:ESE) last announced its earnings results on Thursday, May 7th. The scientific and technical instruments company reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.90 by $0.01. ESCO Technologies had a return on equity of 12.88% and a net margin of 24.69%.The firm had revenue of $309.34 million during the quarter, compared to analyst estimates of $307.88 million. During the same quarter in the prior year, the company earned $1.35 EPS. The business’s revenue was up 33.5% compared to the same quarter last year. 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. On average, analysts forecast that ESCO Technologies will post 8.19 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Quarry LP increased its position in ESCO Technologies by 842.9% during the 4th quarter. Quarry LP now owns 132 shares of the scientific and technical instruments company’s stock valued at $26,000 after buying an additional 118 shares in the last quarter. SBI Securities Co. Ltd. increased its holdings in shares of ESCO Technologies by 3,140.0% in the 4th quarter. SBI Securities Co. Ltd. now owns 162 shares of the scientific and technical instruments company’s stock worth $32,000 after purchasing an additional 157 shares in the last quarter. State of Wyoming bought a new stake in shares of ESCO Technologies in the 1st quarter worth $38,000. Aster Capital Management DIFC Ltd bought a new stake in shares of ESCO Technologies in the 4th quarter worth $39,000. Finally, Osterweis Capital Management Inc. bought a new stake in shares of ESCO Technologies in the 2nd quarter worth $39,000. Institutional investors own 95.70% of the company’s stock.

About ESCO Technologies

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.