LPL Financial LLC Has $2.37 Million Position in ESCO Technologies Inc. $ESE

Key Points

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LPL Financial LLC lifted its position in shares of ESCO Technologies Inc. (NYSE:ESE - Free Report) by 15.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,866 shares of the scientific and technical instruments company's stock after acquiring an additional 2,000 shares during the quarter. LPL Financial LLC owned approximately 0.06% of ESCO Technologies worth $2,366,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in ESE. Opal Wealth Advisors LLC bought a new stake in shares of ESCO Technologies during the first quarter worth $35,000. CX Institutional bought a new stake in ESCO Technologies in the first quarter valued at about $36,000. TD Private Client Wealth LLC bought a new stake in ESCO Technologies in the first quarter valued at about $38,000. Sterling Capital Management LLC increased its holdings in ESCO Technologies by 627.1% in 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 during the last quarter. Finally, CWM LLC increased its holdings 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 valued at $64,000 after purchasing an additional 98 shares during the last quarter. Institutional investors own 95.70% of the company's stock.

ESCO Technologies Trading Up 2.5%

NYSE:ESE traded up $4.7850 on Friday, reaching $195.3350. The company's stock had a trading volume of 243,272 shares, compared to its average volume of 197,842. ESCO Technologies Inc. has a 1-year low of $113.30 and a 1-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 firm has a market cap of $5.05 billion, a PE ratio of 43.99 and a beta of 1.23. The business's 50-day moving average price is $190.93 and its two-hundred day moving average price is $173.56.

ESCO Technologies (NYSE:ESE - Get Free Report) last posted its earnings results on Thursday, August 7th. The scientific and technical instruments company reported $1.60 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.65 by ($0.05). ESCO Technologies had a net margin of 10.37% and a return on equity of 11.19%. The business had revenue of $296.34 million during the quarter, compared to analyst estimates of $320.23 million. During the same period in the previous year, the firm posted $1.16 earnings per share. The firm's 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. Equities research analysts anticipate that ESCO Technologies Inc. will post 5.65 earnings per share for the current fiscal year.

ESCO Technologies Dividend Announcement

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 paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Thursday, October 2nd. ESCO Technologies's payout ratio is presently 7.21%.

Analyst Ratings Changes

A number of research firms recently commented on ESE. Wall Street Zen downgraded ESCO Technologies from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Benchmark upped their price objective on ESCO Technologies from $190.00 to $200.00 and gave the company a "buy" rating in a 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 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.