1,353 Shares in ESCO Technologies Inc. $ESE Purchased by Ieq Capital LLC

Ieq Capital LLC acquired a new stake in shares of ESCO Technologies Inc. (NYSE:ESE - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 1,353 shares of the scientific and technical instruments company's stock, valued at approximately $215,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Avantax Advisory Services Inc. increased its position in ESCO Technologies by 1.0% during the 1st quarter. Avantax Advisory Services Inc. now owns 8,221 shares of the scientific and technical instruments company's stock valued at $1,308,000 after purchasing an additional 84 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in ESCO Technologies by 4.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 2,047 shares of the scientific and technical instruments company's stock valued at $326,000 after purchasing an additional 93 shares during the period. CWM LLC grew its position in shares of ESCO Technologies by 32.2% in the 1st quarter. CWM LLC now owns 402 shares of the scientific and technical instruments company's stock worth $64,000 after buying an additional 98 shares during the period. New York State Teachers Retirement System grew its position in shares of ESCO Technologies by 0.9% in the 1st quarter. New York State Teachers Retirement System now owns 11,617 shares of the scientific and technical instruments company's stock worth $1,848,000 after buying an additional 100 shares during the period. Finally, GAMMA Investing LLC grew its position in shares of ESCO Technologies by 18.0% in the 1st quarter. GAMMA Investing LLC now owns 674 shares of the scientific and technical instruments company's stock worth $107,000 after buying an additional 103 shares during the period. 95.70% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Wall Street Zen downgraded shares of ESCO Technologies from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, ESCO Technologies presently has a consensus rating of "Buy" and a consensus price target of $187.50.

ESCO Technologies Stock Down 1.0%

ESCO Technologies stock traded down $2.02 during mid-day trading on Friday, reaching $208.30. The stock had a trading volume of 111,337 shares, compared to its average volume of 235,176. The company has a market capitalization of $5.38 billion, a price-to-earnings ratio of 46.91 and a beta of 1.25. The company has a 50-day moving average price of $194.88 and a two-hundred day moving average price of $177.73. ESCO Technologies Inc. has a one year low of $118.95 and a one year high of $211.25. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.52 and a quick ratio of 1.04.

ESCO Technologies (NYSE:ESE - Get Free Report) last announced its quarterly 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). The firm had revenue of $296.34 million during the quarter, compared to the consensus estimate of $320.23 million. ESCO Technologies had a return on equity of 11.19% and a net margin of 10.37%.The business's revenue for the quarter was up 13.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.16 EPS. 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, analysts expect that ESCO Technologies Inc. will post 5.65 EPS for the current fiscal 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 paid a $0.08 dividend. The ex-dividend date 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 presently 7.21%.

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.