Campbell & CO Investment Adviser LLC Acquires New Position in ESCO Technologies Inc. (NYSE:ESE)

Campbell & CO Investment Adviser LLC acquired a new stake in shares of ESCO Technologies Inc. (NYSE:ESEFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,815 shares of the scientific and technical instruments company’s stock, valued at approximately $563,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Commerce Bank bought a new position in ESCO Technologies in the 4th quarter worth approximately $33,226,000. Norges Bank bought a new position in shares of ESCO Technologies in the fourth quarter worth $20,328,000. Comerica Bank purchased a new position in shares of ESCO Technologies in the third quarter valued at $9,239,000. Moody Aldrich Partners LLC bought a new stake in shares of ESCO Technologies during the 4th quarter valued at $4,491,000. Finally, Victory Capital Management Inc. lifted its holdings in ESCO Technologies by 76.4% during the 4th quarter. Victory Capital Management Inc. now owns 60,409 shares of the scientific and technical instruments company’s stock worth $7,070,000 after purchasing an additional 26,156 shares in the last quarter. Institutional investors own 95.70% of the company’s stock.

ESCO Technologies Trading Down 1.2 %

Shares of ESCO Technologies stock opened at $106.02 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.15 and a quick ratio of 1.42. ESCO Technologies Inc. has a 1 year low of $94.59 and a 1 year high of $118.60. The firm has a market cap of $2.73 billion, a PE ratio of 27.83 and a beta of 1.14. The company has a 50 day simple moving average of $105.60 and a two-hundred day simple moving average of $105.25.

ESCO Technologies (NYSE:ESEGet Free Report) last posted its quarterly earnings data on Thursday, May 9th. The scientific and technical instruments company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.06. The company had revenue of $249.10 million during the quarter, compared to the consensus estimate of $241.15 million. ESCO Technologies had a net margin of 9.94% and a return on equity of 8.83%. The firm’s revenue was up 8.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.76 EPS. Analysts expect that ESCO Technologies Inc. will post 4.22 earnings per share for the current fiscal year.

ESCO Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 19th. Investors of record on Wednesday, July 3rd will be given a $0.08 dividend. The ex-dividend date is Wednesday, July 3rd. This represents a $0.32 dividend on an annualized basis and a yield of 0.30%. ESCO Technologies’s payout ratio is 8.40%.

Analyst Upgrades and Downgrades

Separately, cut ESCO Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, February 17th.

View Our Latest Report on ESCO Technologies

ESCO Technologies Company Profile

(Free Report)

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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Institutional Ownership by Quarter for ESCO Technologies (NYSE:ESE)

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