ESCO Technologies Inc. (NYSE:ESE) CFO Gary E. Muenster sold 2,593 shares of ESCO Technologies stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $74.00, for a total transaction of $191,882.00. The sale was disclosed in a document filed with the SEC, which is available through this link.

Gary E. Muenster also recently made the following trade(s):

  • On Monday, May 20th, Gary E. Muenster sold 3,504 shares of ESCO Technologies stock. The shares were sold at an average price of $72.00, for a total transaction of $252,288.00.
  • On Monday, May 20th, Gary E. Muenster sold 6,097 shares of ESCO Technologies stock. The shares were sold at an average price of $72.85, for a total transaction of $444,166.45.

Shares of NYSE:ESE opened at $71.55 on Thursday. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of 25.83 and a beta of 0.99. ESCO Technologies Inc. has a 12-month low of $54.60 and a 12-month high of $78.32. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.16 and a quick ratio of 1.54.

ESCO Technologies (NYSE:ESE) last issued its earnings results on Tuesday, May 7th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.14. ESCO Technologies had a net margin of 10.45% and a return on equity of 10.86%. The company had revenue of $193.95 million during the quarter, compared to analyst estimates of $192.60 million. During the same quarter last year, the business posted $0.48 EPS. The company’s revenue for the quarter was up 11.0% on a year-over-year basis. Equities analysts forecast that ESCO Technologies Inc. will post 3.08 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 19th. Investors of record on Friday, July 5th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.45%. The ex-dividend date is Wednesday, July 3rd. ESCO Technologies’s payout ratio is presently 11.55%.

Separately, ValuEngine lowered shares of ESCO Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, January 29th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $73.75.

Several hedge funds have recently added to or reduced their stakes in the stock. Advisor Group Inc. lifted its stake in shares of ESCO Technologies by 24.3% in the 1st quarter. Advisor Group Inc. now owns 824 shares of the scientific and technical instruments company’s stock valued at $55,000 after purchasing an additional 161 shares during the last quarter. Oregon Public Employees Retirement Fund lifted its stake in shares of ESCO Technologies by 1.8% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 10,034 shares of the scientific and technical instruments company’s stock valued at $673,000 after purchasing an additional 181 shares during the last quarter. Piedmont Investment Advisors Inc. lifted its stake in shares of ESCO Technologies by 3.2% in the 4th quarter. Piedmont Investment Advisors Inc. now owns 6,158 shares of the scientific and technical instruments company’s stock valued at $406,000 after purchasing an additional 191 shares during the last quarter. OppenheimerFunds Inc. lifted its stake in shares of ESCO Technologies by 3.7% in the 1st quarter. OppenheimerFunds Inc. now owns 6,182 shares of the scientific and technical instruments company’s stock valued at $414,000 after purchasing an additional 221 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in ESCO Technologies by 4.6% in the 1st quarter. Commonwealth Equity Services LLC now owns 5,061 shares of the scientific and technical instruments company’s stock worth $339,000 after acquiring an additional 224 shares during the period. 95.09% of the stock is owned by institutional investors and hedge funds.

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ESCO Technologies Company Profile

ESCO Technologies Inc produces and supplies engineered products and systems for utility, industrial, aerospace, and commercial users worldwide. The company operates in four segments: Filtration/Fluid Flow (Filtration), RF Shielding and Test (Test), Utility Solutions Group (USG), and Technical Packaging.

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