2,834 Shares in ESCO Technologies Inc. $ESE Acquired by Vident Advisory LLC

Key Points

• Vident Advisory LLC has made a new investment of $451,000 in ESCO Technologies Inc., purchasing 2,834 shares during the first quarter.
• Hedge funds own 95.70% of ESCO Technologies' stock, indicating strong institutional confidence in the company.
• ESCO Technologies reported earnings of $1.60 EPS in its latest quarterly results, missing estimates, and has set FY 2025 guidance of 5.750-5.900 EPS.

Vident Advisory LLC bought a new position in ESCO Technologies Inc. (NYSE:ESE - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 2,834 shares of the scientific and technical instruments company's stock, valued at approximately $451,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in ESE. Opal Wealth Advisors LLC acquired a new stake in shares of ESCO Technologies in the 1st quarter worth about $35,000. CX Institutional purchased a new stake in ESCO Technologies in the 1st quarter valued at about $36,000. TD Private Client Wealth LLC purchased a new stake in ESCO Technologies in the 1st quarter valued at about $38,000. CWM LLC increased its stake in ESCO Technologies by 32.2% in the 1st quarter. CWM LLC now owns 402 shares of the scientific and technical instruments company's stock valued at $64,000 after buying an additional 98 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its stake in ESCO Technologies by 64.8% in the 1st quarter. Nisa Investment Advisors LLC now owns 478 shares of the scientific and technical instruments company's stock valued at $76,000 after buying an additional 188 shares during the last quarter. Institutional investors and hedge funds own 95.70% of the company's stock.

Analyst Ratings Changes

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

ESCO Technologies Stock Performance

Shares of ESCO Technologies stock traded down $2.02 on Friday, reaching $208.30. 111,337 shares of the company traded hands, compared to its average volume of 235,176. The company has a 50 day moving average of $194.88 and a 200 day moving average of $177.73. The firm has a market capitalization of $5.38 billion, a PE ratio of 46.91 and a beta of 1.25. ESCO Technologies Inc. has a 52 week low of $118.95 and a 52 week 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 released its quarterly earnings data 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 business 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 firm's quarterly revenue was up 13.6% on a year-over-year basis. During the same period last year, the business posted $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. Equities analysts forecast that ESCO Technologies Inc. will post 5.65 earnings per share for the current year.

ESCO Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 16th. Investors of record on Thursday, October 2nd will be issued a $0.08 dividend. The ex-dividend date of this dividend is Thursday, October 2nd. This represents a $0.32 annualized dividend and a yield of 0.2%. ESCO Technologies's dividend payout ratio (DPR) is 7.21%.

About ESCO Technologies

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.