First National Bank of Omaha Buys Shares of 3,474 ESCO Technologies Inc. $ESE

First National Bank of Omaha purchased a new stake in shares of ESCO Technologies Inc. (NYSE:ESE - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,474 shares of the scientific and technical instruments company's stock, valued at approximately $1,216,000.

A number of other hedge funds have also modified their holdings of the stock. First Citizens Bank & Trust Co. boosted its position in ESCO Technologies by 1.3% during the fourth quarter. First Citizens Bank & Trust Co. now owns 3,397 shares of the scientific and technical instruments company's stock valued at $664,000 after purchasing an additional 42 shares during the last quarter. Smartleaf Asset Management LLC grew its stake in ESCO Technologies by 9.7% in the second quarter. Smartleaf Asset Management LLC now owns 677 shares of the scientific and technical instruments company's stock valued at $132,000 after purchasing an additional 60 shares in the last quarter. Vident Advisory LLC raised its stake in shares of ESCO Technologies by 3.7% during the 3rd quarter. Vident Advisory LLC now owns 1,678 shares of the scientific and technical instruments company's stock worth $354,000 after purchasing an additional 60 shares in the last quarter. Maryland State Retirement & Pension System lifted its holdings in shares of ESCO Technologies by 1.6% during the 4th quarter. Maryland State Retirement & Pension System now owns 3,774 shares of the scientific and technical instruments company's stock valued at $737,000 after buying an additional 61 shares during the last quarter. Finally, Crossmark Global Holdings Inc. lifted its holdings in shares of ESCO Technologies by 3.8% during the 4th quarter. Crossmark Global Holdings Inc. now owns 1,675 shares of the scientific and technical instruments company's stock valued at $327,000 after buying an additional 62 shares during the last quarter. 95.70% of the stock is owned by institutional investors and hedge funds.

ESCO Technologies Stock Down 5.4%

Shares of ESE stock opened at $289.91 on Thursday. The stock's 50 day simple moving average is $325.06 and its 200 day simple moving average is $300.94. ESCO Technologies Inc. has a twelve month low of $185.75 and a twelve month high of $362.15. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.94 and a current ratio of 1.38. The company has a market capitalization of $7.51 billion, a price-to-earnings ratio of 23.88, a PEG ratio of 1.76 and a beta of 1.10.

ESCO Technologies (NYSE:ESE - Get Free Report) last announced 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 firm had revenue of $339.03 million during the quarter, compared to analysts' expectations of $341.40 million. During the same quarter in the prior year, the business earned $1.60 earnings per share. The company's revenue 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, research analysts predict that ESCO Technologies Inc. will post 8.34 EPS for the current year.

ESCO Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Thursday, October 1st will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Thursday, October 1st. ESCO Technologies's dividend payout ratio is currently 2.64%.

Analyst Upgrades and Downgrades

ESE has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $413.00 price objective on shares of ESCO Technologies in a research report on Monday, August 10th. Wall Street Zen downgraded shares of ESCO Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, May 9th. Weiss Ratings lowered shares of ESCO Technologies from a "buy (a)" rating to a "buy (a-)" rating in a research note on Tuesday, August 11th. Finally, JPMorgan Chase & Co. initiated coverage on shares of ESCO Technologies in a report on Monday, June 15th. They set an "overweight" rating and a $420.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $416.50.

ESCO Technologies Profile

ESCO Technologies Inc is a diversified manufacturer of engineered products and systems designed to meet customers' critical performance requirements in the test, measurement, control, and filtration of data, fluids, and gases. The company serves a wide range of end markets, including commercial aerospace, defense, industrial, medical, and communication network sectors. ESCO's solutions are tailored to environments where reliability, precision and regulatory compliance are paramount.

Operating through multiple business segments, ESCO Technologies delivers test and measurement instruments such as RF and microwave components, signal distribution systems, and integrated test enclosures that support defense and aerospace programs.

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