ESCO Technologies (NYSE:ESE) is hitting a new 52-week high of $127.15

VaselineSeptember 25, 2024

0 2 minutes read

Shares of ESCO Technologies Inc. (NYSE:ESE – Get Free Report ) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $127.15 and last traded at $124.93, with a volume of 116351 shares trading. Shares previously closed at $126.00.

Changes in Analyst Ratings

Separately, Stephens reissued an “overweight” rating and set a $125.00 target price on shares of ESCO Technologies in a research report on Tuesday, July 9th.

Check out our latest report on ESCO technologies

ESCO Technologies stock fell 0.8%

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The company’s fifty-day simple moving average is $118.97, and its 200-day simple moving average is $110.01. The firm has a market cap of $3.22 billion, a PE ratio of 33.11 and a beta of 1.08. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.10, and a quick ratio of 1.39.

ESCO Technologies (NYSE:ESE – Get Your Free Report ) last issued its quarterly earnings data on Wednesday, August 7th. The scientific and technical instruments company reported $1.16 earnings per share for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.03). ESCO Technologies had a return on equity of 8.82% and a net margin of 9.95%. The business had revenue of $260.78 million during the quarter. On average, analysts estimate that ESCO Technologies Inc. will post 4.15 EPS for the current year.

ESCO Technologies announces dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 16th. Stockholders of record on Wednesday, October 2nd will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Wednesday, October 2. This represents an annualized dividend of $0.32 and a dividend yield of 0.26%. ESCO Technologies’ dividend payout ratio (DPR) is currently 8.40%.

Institutional trading of ESCO technologies

A number of institutional investors have recently bought and sold shares of the stock. First Horizon Advisors Inc. purchased a new position in ESCO Technologies during the second quarter valued at about $36,000. Inçalta Capital LLC acquired a new stake in shares of ESCO Technologies in the second quarter valued at $50,000. YHB Investment Advisors Inc. purchased a new position in shares of ESCO Technologies in the 1st quarter valued at $56,000. TFO Wealth Partners LLC boosted its stake in ESCO Technologies by 53,200.0% in the fourth quarter. TFO Wealth Partners LLC now owns 533 shares of the scientific and technical instruments company’s stock worth $62,000 after acquiring an additional 532 shares in the last quarter. Finally, Central Pacific Bank Trust Division purchased a new stake in ESCO Technologies in the first quarter worth about $126,000. 95.70% of shares are currently owned by institutional investors and hedge funds.

About ESCO Technologies

(Get a free report)

ESCO Technologies Inc manufactures and supplies products and systems designed for industrial and commercial markets worldwide. It operates through three segments: Aerospace & Defence, 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; filtering mechanisms used in satellite micropropulsion devices; and custom filters for manned aircraft and submarines.