California State Teachers Retirement System Trims Stake in ESCO Technologies Inc. $ESE

California State Teachers Retirement System reduced its stake in shares of ESCO Technologies Inc. (NYSE:ESE - Free Report) by 0.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,046 shares of the scientific and technical instruments company's stock after selling 142 shares during the period. California State Teachers Retirement System owned 0.12% of ESCO Technologies worth $10,517,302 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Nykredit A S bought a new position in ESCO Technologies during the second quarter valued at about $412,000. B. Metzler seel. Sohn & Co. AG lifted its position in shares of ESCO Technologies by 82.5% during the 2nd quarter. B. Metzler seel. Sohn & Co. AG now owns 10,945 shares of the scientific and technical instruments company's stock valued at $3,831,000 after acquiring an additional 4,947 shares during the period. XML Financial LLC bought a new stake in shares of ESCO Technologies during the 2nd quarter worth $226,000. Susquehanna Fundamental Investments LLC increased its position in shares of ESCO Technologies by 376.4% in the second quarter. Susquehanna Fundamental Investments LLC now owns 23,648 shares of the scientific and technical instruments company's stock worth $8,278,000 after purchasing an additional 18,684 shares during the last quarter. Finally, Cookson Peirce & Co. Inc. raised its stake in shares of ESCO Technologies by 12.4% during the second quarter. Cookson Peirce & Co. Inc. now owns 6,372 shares of the scientific and technical instruments company's stock valued at $2,230,000 after acquiring an additional 702 shares during the last quarter. Institutional investors own 95.70% of the company's stock.

Analyst Ratings Changes

ESE has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $413.00 price objective on shares of ESCO Technologies in a research report on Monday, August 10th. Weiss Ratings upgraded shares of ESCO Technologies from a "buy (b)" rating to a "buy (b+)" rating in a research note on Tuesday, September 8th. Finally, JPMorgan Chase & Co. initiated coverage on ESCO Technologies in a research note on Monday, June 15th. They issued an "overweight" rating and a $420.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $416.50.

ESCO Technologies Trading Down 0.5%

Shares of NYSE:ESE traded down $1.34 during midday trading on Tuesday, reaching $261.85. The company's stock had a trading volume of 153,776 shares, compared to its average volume of 256,614. ESCO Technologies Inc. has a fifty-two week low of $193.68 and a fifty-two week high of $362.15. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.94 and a current ratio of 1.38. The firm has a market capitalization of $6.78 billion, a price-to-earnings ratio of 21.58, a PEG ratio of 1.55 and a beta of 1.10. The firm has a 50 day moving average price of $301.94 and a two-hundred day moving average price of $302.52.

ESCO Technologies (NYSE:ESE - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The scientific and technical instruments company reported $2.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.12 by $0.08. The company had revenue of $339.03 million during the quarter, compared to analysts' expectations of $341.40 million. ESCO Technologies had a net margin of 24.39% and a return on equity of 13.28%. The firm's revenue was up 14.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.60 EPS. ESCO Technologies has set its FY 2026 guidance at 8.300-8.400 EPS and its Q4 2026 guidance at 2.550-2.650 EPS. As a group, analysts forecast that ESCO Technologies Inc. will post 8.35 earnings per share for the current year.

ESCO Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Thursday, October 1st will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Thursday, October 1st. ESCO Technologies's dividend payout ratio (DPR) is presently 2.64%.

ESCO Technologies Company Profile

ESCO Technologies Inc is a St. Louis, Missouri-based provider of engineered products and services for the aerospace, defense, utility, healthcare, telecommunications and industrial markets. The company develops specialized technologies used in testing, measurement, filtration, fluid control and power-delivery applications.

Through its Aerospace & Defense segment, ESCO supplies filtration systems, fluid-control equipment, valves, electromechanical products and other components for commercial and military aircraft, spacecraft and defense platforms.

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