ESCO Technologies Inc. $ESE Position Lessened by State of Alaska Department of Revenue

Key Points

• Alaska’s revenue department cut its ESCO Technologies stake by 36% in the third quarter, selling 4,511 shares and retaining 8,010 shares valued at approximately $2.1 million. Institutional investors collectively own 95.7% of the company.
• ESCO reported quarterly EPS of $2.20, exceeding estimates of $2.12, while revenue rose 14.4% year over year to $339.0 million. Management issued fiscal 2026 EPS guidance of $8.30–$8.40.
• The stock opened at $249.26, well below its 12-month high of $362.15. Analysts maintain an overall “Buy” rating, with an average price target of $381.50.

State of Alaska Department of Revenue trimmed its stake in ESCO Technologies Inc. (NYSE:ESE - Free Report) by 36.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,010 shares of the scientific and technical instruments company's stock after selling 4,511 shares during the quarter. State of Alaska Department of Revenue's holdings in ESCO Technologies were worth $2,122,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of ESE. Sequoia Financial Advisors LLC increased its stake in ESCO Technologies by 1.6% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 2,462 shares of the scientific and technical instruments company's stock worth $862,000 after buying an additional 38 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in shares of ESCO Technologies by 1.4% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,726 shares of the scientific and technical instruments company's stock valued at $1,304,000 after acquiring an additional 53 shares during the period. Integrated Wealth Concepts LLC bought a new stake in shares of ESCO Technologies during the 2nd quarter worth approximately $27,000. HB Wealth Management LLC increased its stake in ESCO Technologies by 6.9% in the 1st quarter. HB Wealth Management LLC now owns 1,207 shares of the scientific and technical instruments company's stock worth $340,000 after buying an additional 78 shares during the period. Finally, Whittier Trust Co. increased its position in shares of ESCO Technologies by 42.0% during the first quarter. Whittier Trust Co. now owns 284 shares of the scientific and technical instruments company's stock worth $83,000 after acquiring an additional 84 shares during the period. Institutional investors own 95.70% of the company's stock.

ESCO Technologies Stock Up 0.1%

Shares of NYSE ESE opened at $249.26 on Monday. The company has a current ratio of 1.38, a quick ratio of 0.94 and a debt-to-equity ratio of 0.04. The company has a 50-day moving average of $272.89 and a 200 day moving average of $300.74. The stock has a market cap of $6.46 billion, a PE ratio of 20.53, a P/E/G ratio of 1.30 and a beta of 1.05. ESCO Technologies Inc. has a 12-month low of $193.68 and a 12-month high of $362.15.

ESCO Technologies (NYSE:ESE - Get Free Report) last issued its earnings results on Thursday, August 6th. The scientific and technical instruments company reported $2.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.12 by $0.08. ESCO Technologies had a return on equity of 13.28% and a net margin of 24.39%. The business had revenue of $339.03 million during the quarter, compared to the consensus estimate of $341.40 million. During the same period last year, the company earned $1.60 EPS. The company's revenue for the quarter was up 14.4% on a year-over-year basis. ESCO Technologies has set its FY 2026 guidance at 8.300-8.400 EPS and its Q4 2026 guidance at 2.550-2.650 EPS. As a group, sell-side analysts predict that ESCO Technologies Inc. will post 8.36 EPS for the current fiscal year.

ESCO Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Thursday, October 1st were given a $0.08 dividend. The ex-dividend date was Thursday, October 1st. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. ESCO Technologies's payout ratio is currently 2.64%.

Analyst Ratings Changes

A number of analysts recently weighed in on ESE shares. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $413.00 price objective on shares of ESCO Technologies in a research note on Monday, August 10th. JPMorgan Chase & Co. dropped their price objective on shares of ESCO Technologies from $420.00 to $350.00 and set an "overweight" rating on the stock in a report on Tuesday, October 13th. Finally, Weiss Ratings cut shares of ESCO Technologies from a "buy (b+)" rating to a "buy (b)" rating in a research note on Tuesday, September 22nd. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $381.50.

ESCO Technologies Company Profile

ESCO Technologies Inc is a diversified manufacturer headquartered in St. Louis, Missouri, serving customers in the aerospace, defense, space, utility, telecommunications, and industrial markets. The company develops and manufactures specialized products and systems used in testing, monitoring, communications, power delivery, and environmental control.

ESCO's aerospace and defense businesses provide filtration, fluid-control, thermal-management, and other engineered products for aircraft, spacecraft, military vehicles, and industrial applications.

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