EntryPoint Capital LLC Sells 3,142 Shares of ESCO Technologies Inc. $ESE

Key Points

• EntryPoint Capital LLC has significantly reduced its stake in ESCO Technologies Inc. by 69.6%, selling 3,142 shares and holding 1,372 shares valued at approximately $218,000 after the sale.
• ESCO Technologies recently reported quarterly earnings of $1.60 EPS, missing estimates of $1.65, while revenues of $296.34 million fell short of analyst expectations.
• The company declared a quarterly dividend of $0.08 per share, with the ex-dividend date set for October 2nd, representing an annual yield of 0.2%.

EntryPoint Capital LLC trimmed its stake in ESCO Technologies Inc. (NYSE:ESE - Free Report) by 69.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,372 shares of the scientific and technical instruments company's stock after selling 3,142 shares during the quarter. EntryPoint Capital LLC's holdings in ESCO Technologies were worth $218,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Nuveen LLC purchased a new position in ESCO Technologies during the first quarter worth about $90,067,000. Wellington Management Group LLP raised its position in ESCO Technologies by 152.6% in the fourth quarter. Wellington Management Group LLP now owns 380,104 shares of the scientific and technical instruments company's stock worth $50,634,000 after acquiring an additional 229,601 shares during the period. Fuller & Thaler Asset Management Inc. bought a new stake in ESCO Technologies in the first quarter worth about $30,882,000. GAMMA Investing LLC raised its position in ESCO Technologies by 18,682.3% in the first quarter. GAMMA Investing LLC now owns 107,247 shares of the scientific and technical instruments company's stock worth $17,065,000 after acquiring an additional 106,676 shares during the period. Finally, Vanguard Group Inc. raised its position in ESCO Technologies by 2.3% in the first quarter. Vanguard Group Inc. now owns 2,973,925 shares of the scientific and technical instruments company's stock worth $473,211,000 after acquiring an additional 66,392 shares during the period. 95.70% of the stock is currently owned by institutional investors and hedge funds.

ESCO Technologies Price Performance

ESCO Technologies stock traded down $1.52 during midday trading on Friday, reaching $202.19. 56,226 shares of the stock were exchanged, compared to its average volume of 169,827. The company's fifty day moving average is $192.12 and its 200-day moving average is $174.68. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.04 and a current ratio of 1.52. The firm has a market cap of $5.22 billion, a PE ratio of 45.56 and a beta of 1.23. ESCO Technologies Inc. has a 52 week low of $113.30 and a 52 week high of $205.31.

ESCO Technologies (NYSE:ESE - Get Free Report) last released its quarterly 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). 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 during the quarter, compared to analysts' expectations of $320.23 million. During the same period in the prior year, the firm earned $1.16 EPS. ESCO Technologies's quarterly revenue was up 13.6% on a year-over-year basis. 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, sell-side analysts forecast that ESCO Technologies Inc. will post 5.65 EPS for the current year.

ESCO Technologies Dividend Announcement

The company also recently declared 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 is Thursday, October 2nd. ESCO Technologies's dividend payout ratio is currently 7.21%.

Analyst Ratings Changes

ESE has been the topic of several research reports. Wall Street Zen lowered shares of ESCO Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Benchmark lifted their price objective on shares of ESCO Technologies from $190.00 to $200.00 and gave the stock a "buy" rating in a research report on Friday, May 9th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, ESCO Technologies has an average rating of "Buy" and a consensus price target 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.