AXQ Capital LP Takes Position in ESCO Technologies Inc. $ESE

AXQ Capital LP bought a new position in ESCO Technologies Inc. (NYSE:ESE) in the second quarter, according to its most recent filing with the SEC. The firm bought 1,320 shares of the scientific and technical instruments company’s stock, valued at approximately $253,000.

A number of other hedge funds have also bought and sold shares of ESE. Franklin Resources Inc. raised its holdings in shares of ESCO Technologies by 19.8% in the second quarter. Franklin Resources Inc. now owns 22,103 shares of the scientific and technical instruments company’s stock worth $4,241,000 after buying an additional 3,660 shares during the last quarter. Legal & General Group Plc increased its position in shares of ESCO Technologies by 2.1% in the 2nd quarter. Legal & General Group Plc now owns 72,430 shares of the scientific and technical instruments company’s stock valued at $13,897,000 after acquiring an additional 1,457 shares during the period. Hillsdale Investment Management Inc. increased its position in shares of ESCO Technologies by 26.5% in the 2nd quarter. Hillsdale Investment Management Inc. now owns 33,845 shares of the scientific and technical instruments company’s stock valued at $6,494,000 after acquiring an additional 7,100 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH raised its stake in ESCO Technologies by 23.5% in the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 44,167 shares of the scientific and technical instruments company’s stock worth $8,474,000 after acquiring an additional 8,418 shares during the last quarter. Finally, Summitry LLC lifted its position in ESCO Technologies by 28.4% during the 2nd quarter. Summitry LLC now owns 2,569 shares of the scientific and technical instruments company’s stock worth $493,000 after acquiring an additional 568 shares during the period. Institutional investors and hedge funds own 95.70% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on ESE shares. Weiss Ratings reissued a “buy (b)” rating on shares of ESCO Technologies in a report on Wednesday, October 8th. Wall Street Zen lowered ESCO Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $187.50.

ESCO Technologies Stock Performance

Shares of NYSE ESE opened at $224.87 on Tuesday. The company has a market capitalization of $5.81 billion, a PE ratio of 50.65 and a beta of 1.25. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.04 and a current ratio of 1.52. The company’s fifty day moving average price is $215.16 and its 200 day moving average price is $199.05. ESCO Technologies Inc. has a 1 year low of $127.17 and a 1 year high of $229.46.

ESCO Technologies (NYSE:ESE) last issued its quarterly earnings data on Thursday, November 20th. The scientific and technical instruments company reported $2.32 earnings per share for the quarter, topping analysts’ consensus estimates of $2.13 by $0.19. ESCO Technologies had a net margin of 10.37% and a return on equity of 11.19%. The business had revenue of $286.50 million during the quarter, compared to the consensus estimate of $306.39 million. During the same quarter in the prior year, the firm posted $1.46 earnings per share. The company’s revenue was up 28.9% compared to the same quarter last year. ESCO Technologies has set its Q1 2026 guidance at 1.250-1.350 EPS. FY 2026 guidance at 7.500-7.800 EPS. On average, research analysts predict that ESCO Technologies Inc. will post 5.65 earnings per share for the current year.

ESCO Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 2nd will be given a dividend of $0.08 per share. The ex-dividend date is Friday, January 2nd. This represents a $0.32 dividend on an annualized basis and a yield of 0.1%. ESCO Technologies’s dividend payout ratio is currently 2.77%.

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.