Diversified Trust Co Cuts Position in ESCO Technologies Inc. $ESE

Key Points

• Diversified Trust Co reduced its holdings in ESCO Technologies Inc. by 34.2%, owning 3,983 shares valued at $764,000 after selling 2,069 shares in the second quarter.
• ESCO Technologies reported an EPS of $1.60 for the last quarter, missing analysts' consensus estimate of $1.65, with revenues of $296.34 million compared to a projected $320.23 million.
• The company will pay a quarterly dividend of $0.08 per share on October 16, representing an annualized yield of 0.1% and a dividend payout ratio of 7.21%.

Diversified Trust Co lessened its holdings in ESCO Technologies Inc. (NYSE:ESE - Free Report) by 34.2% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,983 shares of the scientific and technical instruments company's stock after selling 2,069 shares during the period. Diversified Trust Co's holdings in ESCO Technologies were worth $764,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC purchased a new position in shares of ESCO Technologies in the 2nd quarter worth approximately $208,000. Harbor Investment Advisory LLC purchased a new position in shares of ESCO Technologies in the 2nd quarter worth approximately $38,000. Apeiron RIA LLC purchased a new position in shares of ESCO Technologies in the 1st quarter worth approximately $217,000. Strs Ohio purchased a new position in shares of ESCO Technologies in the 1st quarter worth approximately $1,225,000. Finally, Intech Investment Management LLC boosted its stake in shares of ESCO Technologies by 8.1% in the 1st quarter. Intech Investment Management LLC now owns 20,352 shares of the scientific and technical instruments company's stock worth $3,238,000 after buying an additional 1,528 shares during the last quarter. Hedge funds and other institutional investors own 95.70% of the company's stock.

Analysts Set New Price Targets

Separately, Wall Street Zen downgraded ESCO Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $187.50.

ESCO Technologies Stock Up 0.5%

ESE opened at $213.41 on Tuesday. The stock has a market cap of $5.51 billion, a PE ratio of 48.07 and a beta of 1.25. The company has a quick ratio of 1.04, a current ratio of 1.52 and a debt-to-equity ratio of 0.38. ESCO Technologies Inc. has a 52 week low of $119.57 and a 52 week high of $220.32. The business's fifty day simple moving average is $197.44 and its 200 day simple moving average is $180.04.

ESCO Technologies (NYSE:ESE - Get Free Report) last released its earnings results 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). The firm had revenue of $296.34 million during the quarter, compared to the consensus estimate of $320.23 million. ESCO Technologies had a net margin of 10.37% and a return on equity of 11.19%. The firm's revenue was up 13.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.16 EPS. ESCO Technologies has set its FY 2025 guidance at 5.750-5.900 EPS. Q4 2025 guidance at 2.040-2.190 EPS. As a group, research analysts expect that ESCO Technologies Inc. will post 5.65 earnings per share for the current fiscal year.

ESCO Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 16th. Stockholders of record on Thursday, October 2nd will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Thursday, October 2nd. ESCO Technologies's dividend payout ratio (DPR) is 7.21%.

About ESCO Technologies

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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