Inspire Investing LLC Cuts Position in ESCO Technologies Inc. $ESE

Inspire Investing LLC lessened its holdings in ESCO Technologies Inc. (NYSE:ESE) by 27.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,187 shares of the scientific and technical instruments company’s stock after selling 823 shares during the period. Inspire Investing LLC’s holdings in ESCO Technologies were worth $348,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Opal Wealth Advisors LLC purchased a new position in shares of ESCO Technologies in the 1st quarter valued at about $35,000. CX Institutional purchased a new position in shares of ESCO Technologies in the 1st quarter valued at about $36,000. TD Private Client Wealth LLC purchased a new position in shares of ESCO Technologies in the 1st quarter valued at about $38,000. CWM LLC boosted its holdings 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 worth $64,000 after buying an additional 98 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its holdings 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 worth $76,000 after buying an additional 188 shares during the last quarter. Hedge funds and other institutional investors own 95.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut ESCO Technologies from a “buy” rating to a “hold” rating in a report on Saturday, August 9th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, ESCO Technologies has an average rating of “Buy” and a consensus price target of $187.50.

ESCO Technologies Trading Down 1.0%

ESE opened at $208.30 on Monday. ESCO Technologies Inc. has a one year low of $118.95 and a one year high of $211.25. The stock has a market capitalization of $5.38 billion, a PE ratio of 46.91 and a beta of 1.25. The business’s 50 day moving average price is $194.88 and its 200 day moving average price is $177.96. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.04 and a current ratio of 1.52.

ESCO Technologies (NYSE:ESE) last released its quarterly earnings data on Thursday, August 7th. The scientific and technical instruments company reported $1.60 EPS for the quarter, missing analysts’ consensus estimates of $1.65 by ($0.05). ESCO Technologies had a net margin of 10.37% and a return on equity of 11.19%. The business had revenue of $296.34 million during the quarter, compared to analyst estimates of $320.23 million. During the same quarter in the prior year, the company posted $1.16 earnings per share. The company’s revenue was up 13.6% on a year-over-year basis. ESCO Technologies has set its FY 2025 guidance at 5.750-5.900 EPS. Q4 2025 guidance at 2.040-2.190 EPS. As a group, equities research analysts expect that ESCO Technologies Inc. will post 5.65 EPS 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 is Thursday, October 2nd. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. ESCO Technologies’s dividend payout ratio is currently 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.