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 decreased its holdings in shares of ESCO Technologies Inc. (NYSE:ESE - Free Report) by 69.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund 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 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Opal Wealth Advisors LLC bought a new position in shares of ESCO Technologies during the first quarter valued at approximately $35,000. CX Institutional bought a new position in ESCO Technologies in the first quarter worth approximately $36,000. TD Private Client Wealth LLC bought a new position in ESCO Technologies in the first quarter worth approximately $38,000. CWM LLC grew its stake in ESCO Technologies by 32.2% in the first quarter. CWM LLC now owns 402 shares of the scientific and technical instruments company's stock worth $64,000 after purchasing an additional 98 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its stake in ESCO Technologies by 64.8% in the first quarter. Nisa Investment Advisors LLC now owns 478 shares of the scientific and technical instruments company's stock worth $76,000 after purchasing an additional 188 shares in the last quarter. Institutional investors own 95.70% of the company's stock.

ESCO Technologies Stock Performance

Shares of ESE opened at $195.3350 on Friday. The stock has a 50-day moving average of $190.93 and a two-hundred day moving average of $173.56. ESCO Technologies Inc. has a one year low of $113.30 and a one year high of $201.72. 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 stock has a market cap of $5.04 billion, a P/E ratio of 43.99 and a beta of 1.23.

ESCO Technologies (NYSE:ESE - Get Free Report) last issued 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 firm had revenue of $296.34 million for the quarter, compared to analyst estimates of $320.23 million. During the same period in the prior year, the firm posted $1.16 EPS. The business'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. As a group, research analysts predict that ESCO Technologies Inc. will post 5.65 EPS for the current year.

ESCO Technologies Announces Dividend

The company also recently declared 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 of this dividend is Thursday, October 2nd. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. ESCO Technologies's payout ratio is currently 7.21%.

Analysts Set New Price Targets

ESE has been the topic of several research analyst reports. Wall Street Zen cut ESCO Technologies from a "buy" rating to a "hold" rating in a research note on Saturday, August 9th. Benchmark increased their target price on ESCO Technologies from $190.00 to $200.00 and gave the company a "buy" rating in a research report on Friday, May 9th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $187.50.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.