Free Trial

Dean Investment Associates LLC Trims Position in ESCO Technologies Inc. (NYSE:ESE)

ESCO Technologies logo with Industrials background

Dean Investment Associates LLC lessened its stake in shares of ESCO Technologies Inc. (NYSE:ESE - Free Report) by 12.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,810 shares of the scientific and technical instruments company's stock after selling 4,759 shares during the period. Dean Investment Associates LLC owned approximately 0.13% of ESCO Technologies worth $4,504,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Wellington Management Group LLP raised its position in shares of ESCO Technologies by 152.6% in the 4th quarter. Wellington Management Group LLP now owns 380,104 shares of the scientific and technical instruments company's stock worth $50,634,000 after purchasing an additional 229,601 shares during the last quarter. Norges Bank purchased a new position in ESCO Technologies in the fourth quarter worth about $13,066,000. Rockefeller Capital Management L.P. bought a new position in shares of ESCO Technologies in the fourth quarter worth approximately $11,435,000. JPMorgan Chase & Co. grew its holdings in shares of ESCO Technologies by 87.3% during the fourth quarter. JPMorgan Chase & Co. now owns 144,039 shares of the scientific and technical instruments company's stock valued at $19,187,000 after buying an additional 67,116 shares during the last quarter. Finally, Great Lakes Advisors LLC bought a new stake in shares of ESCO Technologies during the fourth quarter valued at approximately $5,265,000. Hedge funds and other institutional investors own 95.70% of the company's stock.

ESCO Technologies Stock Performance

ESE stock traded up $4.91 during trading on Tuesday, reaching $151.52. The stock had a trading volume of 61,296 shares, compared to its average volume of 127,783. The stock's 50 day moving average is $157.08 and its two-hundred day moving average is $143.77. The firm has a market cap of $3.91 billion, a PE ratio of 35.58 and a beta of 1.07. ESCO Technologies Inc. has a 52 week low of $100.84 and a 52 week high of $171.28. The company has a current ratio of 2.04, a quick ratio of 1.35 and a debt-to-equity ratio of 0.07.

ESCO Technologies (NYSE:ESE - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The scientific and technical instruments company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.34. ESCO Technologies had a net margin of 10.44% and a return on equity of 9.91%. As a group, equities analysts anticipate that ESCO Technologies Inc. will post 5.65 earnings per share for the current year.

ESCO Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Wednesday, April 2nd were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Wednesday, April 2nd. This represents a $0.32 annualized dividend and a yield of 0.21%. ESCO Technologies's dividend payout ratio (DPR) is presently 7.51%.

Analyst Ratings Changes

ESE has been the topic of several recent analyst reports. Benchmark increased their target price on ESCO Technologies from $150.00 to $190.00 and gave the company a "buy" rating in a research note on Tuesday, February 11th. Stephens reiterated an "overweight" rating and issued a $175.00 price objective on shares of ESCO Technologies in a report on Thursday, February 27th. Finally, StockNews.com downgraded shares of ESCO Technologies from a "buy" rating to a "hold" rating in a report on Friday, March 21st.

Get Our Latest Stock 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.

Recommended Stories

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

Should You Invest $1,000 in ESCO Technologies Right Now?

Before you consider ESCO Technologies, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ESCO Technologies wasn't on the list.

While ESCO Technologies currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Best High-Yield Dividend Stocks for 2025 Cover

Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

7 Cybersecurity Stocks Outperforming the Market Right Now
Markets in Rally Mode: Will Earnings Keep It Going?
3 Tech Stocks to Buy Now—And 3 You’ll Regret Keeping

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines