Comerica Bank Reduces Position in ESCO Technologies Inc. $ESE

Comerica Bank cut its holdings in shares of ESCO Technologies Inc. (NYSE:ESE - Free Report) by 8.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 74,284 shares of the scientific and technical instruments company's stock after selling 7,002 shares during the period. Comerica Bank owned approximately 0.29% of ESCO Technologies worth $14,514,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of ESE. AQR Capital Management LLC boosted its position in shares of ESCO Technologies by 60.5% during the first quarter. AQR Capital Management LLC now owns 7,683 shares of the scientific and technical instruments company's stock valued at $1,223,000 after buying an additional 2,896 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of ESCO Technologies by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,399 shares of the scientific and technical instruments company's stock valued at $2,450,000 after buying an additional 664 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of ESCO Technologies during the first quarter valued at $228,000. United Services Automobile Association purchased a new stake in shares of ESCO Technologies during the first quarter valued at $261,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of ESCO Technologies by 19.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 82,500 shares of the scientific and technical instruments company's stock valued at $13,127,000 after buying an additional 13,648 shares during the last quarter. 95.70% of the stock is owned by hedge funds and other institutional investors.

ESCO Technologies Trading Down 1.3%

Shares of NYSE:ESE opened at $316.87 on Wednesday. The stock has a market capitalization of $8.21 billion, a price-to-earnings ratio of 26.97, a PEG ratio of 1.99 and a beta of 1.14. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.89 and a current ratio of 1.33. The stock's 50-day simple moving average is $287.64 and its two-hundred day simple moving average is $242.67. ESCO Technologies Inc. has a 52-week low of $152.92 and a 52-week high of $325.54.

ESCO Technologies (NYSE:ESE - Get Free Report) last announced its earnings results on Thursday, February 5th. The scientific and technical instruments company reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.32. The business had revenue of $289.66 million for the quarter, compared to analysts' expectations of $289.30 million. ESCO Technologies had a return on equity of 12.55% and a net margin of 25.28%.The business's revenue for the quarter was up 17.3% on a year-over-year basis. During the same period last year, the firm posted $0.92 earnings per share. ESCO Technologies has set its Q2 2026 guidance at 1.750-1.850 EPS and its FY 2026 guidance at 7.900-8.15 EPS. Analysts expect that ESCO Technologies Inc. will post 8.16 EPS for the current year.

ESCO Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, April 2nd were given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Thursday, April 2nd. ESCO Technologies's dividend payout ratio (DPR) is presently 2.72%.

Wall Street Analysts Forecast Growth

ESE has been the topic of several recent analyst reports. Weiss Ratings cut ESCO Technologies from a "buy (a-)" rating to a "buy (b)" rating in a research report on Tuesday, February 10th. Wall Street Zen cut ESCO Technologies from a "strong-buy" rating to a "buy" rating in a research report on Sunday, February 15th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $400.00 price objective on shares of ESCO Technologies in a research report on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $300.00.

ESCO Technologies Profile

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.

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