Dimensional Fund Advisors LP Has $180.76 Million Holdings in ESCO Technologies Inc. $ESE

Key Points

• Dimensional Fund Advisors LP reduced its stake in ESCO Technologies Inc. by 12.9%, selling 168,946 shares, and now holds approximately 4.40% of the company's stock valued at $180.8 million.
• ESCO Technologies reported a quarterly EPS of $1.60, missing analyst estimates, with revenue of $296.34 million, below the expected $320.23 million, but up 13.6% year-over-year.
• The company has announced a quarterly dividend of $0.08 per share to be paid on October 16th, reflecting an annualized dividend yield of 0.2%.

Dimensional Fund Advisors LP reduced its position in ESCO Technologies Inc. (NYSE:ESE - Free Report) by 12.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,136,054 shares of the scientific and technical instruments company's stock after selling 168,946 shares during the period. Dimensional Fund Advisors LP owned about 4.40% of ESCO Technologies worth $180,759,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Opal Wealth Advisors LLC purchased a new position in shares of ESCO Technologies in the first quarter worth approximately $35,000. CX Institutional purchased a new position in ESCO Technologies during the first quarter valued at approximately $36,000. TD Private Client Wealth LLC purchased a new position in ESCO Technologies during the first quarter valued at approximately $38,000. Sterling Capital Management LLC grew its position in ESCO Technologies by 627.1% during the fourth quarter. Sterling Capital Management LLC now owns 429 shares of the scientific and technical instruments company's stock valued at $57,000 after purchasing an additional 370 shares in the last quarter. Finally, CWM LLC grew its position in ESCO Technologies by 32.2% during the first quarter. CWM LLC now owns 402 shares of the scientific and technical instruments company's stock valued at $64,000 after purchasing an additional 98 shares in the last quarter. 95.70% of the stock is owned by hedge funds and other institutional investors.

ESCO Technologies Stock Performance

ESCO Technologies stock traded up $4.7850 on Friday, hitting $195.3350. The company's stock had a trading volume of 243,272 shares, compared to its average volume of 197,842. The firm has a market cap of $5.04 billion, a P/E ratio of 43.99 and a beta of 1.23. The company has a quick ratio of 1.04, a current ratio of 1.52 and a debt-to-equity ratio of 0.38. The company has a fifty day moving average price of $190.93 and a 200-day moving average price of $173.56. ESCO Technologies Inc. has a one year low of $113.30 and a one year high of $201.72.

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 EPS for the quarter, missing analysts' consensus estimates of $1.65 by ($0.05). ESCO Technologies had a return on equity of 11.19% and a net margin of 10.37%.The company had revenue of $296.34 million for the quarter, compared to the consensus estimate of $320.23 million. During the same period in the prior year, the company earned $1.16 EPS. The firm's 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. On average, equities analysts anticipate that ESCO Technologies Inc. will post 5.65 earnings per share for the current year.

ESCO Technologies Announces Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Wall Street Zen cut shares of ESCO Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. Benchmark boosted their price objective on shares of ESCO Technologies from $190.00 to $200.00 and gave the stock a "buy" rating in a research note on Friday, May 9th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, ESCO Technologies currently has an average rating of "Buy" and an average target price of $187.50.

ESCO Technologies Company 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.