1,883 Shares in ESCO Technologies Inc. $ESE Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. bought a new stake in shares of ESCO Technologies Inc. (NYSE:ESE - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,883 shares of the scientific and technical instruments company's stock, valued at approximately $361,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in ESE. GAMMA Investing LLC boosted its holdings in ESCO Technologies by 18.0% during the first quarter. GAMMA Investing LLC now owns 674 shares of the scientific and technical instruments company's stock valued at $107,000 after purchasing an additional 103 shares in the last quarter. CX Institutional acquired a new stake in ESCO Technologies during the 1st quarter worth $36,000. Azzad Asset Management Inc. ADV acquired a new position in shares of ESCO Technologies in the 1st quarter valued at $1,290,000. Opal Wealth Advisors LLC acquired a new position in shares of ESCO Technologies in the 1st quarter valued at $35,000. Finally, Johnson Investment Counsel Inc. acquired a new position in shares of ESCO Technologies in the 1st quarter valued at $289,000. 95.70% of the stock is owned by institutional investors and hedge funds.

ESCO Technologies Trading Up 0.3%

ESE opened at $209.79 on Thursday. ESCO Technologies Inc. has a 1-year low of $119.57 and a 1-year high of $220.32. The company has a current ratio of 1.52, a quick ratio of 1.04 and a debt-to-equity ratio of 0.38. The company has a market cap of $5.42 billion, a P/E ratio of 47.25 and a beta of 1.23. The company has a fifty day moving average price of $201.66 and a two-hundred day moving average price of $184.02.

ESCO Technologies (NYSE:ESE - Get Free Report) last issued its quarterly earnings data 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 net margin of 10.37% and a return on equity of 11.19%. The business had revenue of $296.34 million for the quarter, compared to analyst estimates of $320.23 million. During the same quarter in the prior year, the business earned $1.16 earnings per share. The firm'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. Analysts predict that ESCO Technologies Inc. will post 5.65 EPS for the current fiscal year.

ESCO Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 16th. Investors of record on Thursday, October 2nd will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, October 2nd. ESCO Technologies's dividend payout ratio is 7.21%.

Analyst Ratings Changes

Several equities research analysts have commented on ESE shares. Wall Street Zen cut shares of ESCO Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Weiss Ratings reissued a "buy (b)" rating on shares of ESCO Technologies in a report on Wednesday. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently 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.

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