Mutual of America Capital Management LLC Acquires 3,054 Shares of ESCO Technologies Inc. $ESE

Key Points

• Mutual of America Capital Management LLC increased its holdings in ESCO Technologies by 4.3%, acquiring an additional 3,054 shares, bringing its total ownership to 74,532 shares valued at approximately $14.3 million.
• ESCO Technologies recently announced a quarterly dividend of $0.08 per share, translating to an annual yield of 0.1% and a low dividend payout ratio of 7.21%.
• Analyst sentiments are mixed, with Wall Street Zen downgrading ESCO from "buy" to "hold," while Weiss Ratings maintains a "buy" rating, reflecting varied expectations for the stock's performance.

Mutual of America Capital Management LLC grew its holdings in ESCO Technologies Inc. (NYSE:ESE - Free Report) by 4.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 74,532 shares of the scientific and technical instruments company's stock after acquiring an additional 3,054 shares during the period. Mutual of America Capital Management LLC owned 0.29% of ESCO Technologies worth $14,300,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Harbor Investment Advisory LLC bought a new stake in ESCO Technologies in the second quarter worth approximately $38,000. Maseco LLP bought a new stake in ESCO Technologies in the second quarter worth approximately $45,000. TD Private Client Wealth LLC bought a new stake in ESCO Technologies in the first quarter worth approximately $38,000. CWM LLC boosted its holdings in shares of ESCO Technologies by 32.2% during 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. Finally, Nisa Investment Advisors LLC boosted its holdings in shares of ESCO Technologies by 64.8% during the 1st quarter. Nisa Investment Advisors LLC now owns 478 shares of the scientific and technical instruments company's stock worth $76,000 after buying an additional 188 shares during the period. 95.70% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on ESE shares. Wall Street Zen downgraded shares of ESCO Technologies from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of ESCO Technologies in a report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of "Buy" and an average target price of $187.50.

ESCO Technologies Price Performance

NYSE:ESE opened at $216.90 on Friday. The stock has a market cap of $5.60 billion, a P/E ratio of 48.85 and a beta of 1.23. ESCO Technologies Inc. has a one year low of $125.45 and a one year high of $220.32. The company has a fifty day moving average price of $204.45 and a 200 day moving average price of $186.68. 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 released its earnings results on Thursday, August 7th. The scientific and technical instruments company reported $1.60 EPS for the quarter, missing the consensus estimate of $1.65 by ($0.05). The company had revenue of $296.34 million for the quarter, compared to analyst estimates of $320.23 million. ESCO Technologies had a net margin of 10.37% and a return on equity of 11.19%. ESCO Technologies's revenue for the quarter was up 13.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.16 earnings per share. ESCO Technologies has set its FY 2025 guidance at 5.750-5.900 EPS. Q4 2025 guidance at 2.040-2.190 EPS. Analysts anticipate that ESCO Technologies Inc. will post 5.65 earnings per share for the current year.

ESCO Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 16th. Investors of record on Thursday, October 2nd were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.1%. The ex-dividend date was Thursday, October 2nd. ESCO Technologies's dividend payout ratio is presently 7.21%.

ESCO Technologies 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.

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