22 hours Ago By ABMN Staff
Marshall Wace LLP bought a new position in shares of ESCO Technologies Inc. ( NYSE:ESE – Free Report ) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,389 shares of the scientific and technical instruments company’s stock, valued at approximately $1,117,000.
Other large investors have also recently made changes to their positions in the company. Mather Group LLC. purchased a new stake in shares of ESCO Technologies during the fourth quarter worth approximately $30,000.
Jones Financial Companies Lllp increased its stake in shares of ESCO Technologies by 747.1% during the fourth quarter. Jones Financial Companies Lllp now owns 288 shares of the scientific and technical instruments company’s stock worth $38,000 after buying an additional 254 shares during the period.
Huntington National Bank increased its stake in shares of ESCO Technologies by 150.0% during the fourth quarter. Huntington National Bank now owns 305 shares of the scientific and technical instruments company’s stock worth $41,000 after buying an additional 183 shares during the period.
Sterling Capital Management LLC increased its stake in shares of ESCO Technologies by 627.1% during the fourth quarter. Sterling Capital Management LLC now owns 429 shares of the scientific and technical instruments company’s stock worth $57,000 after buying an additional 370 shares during the period.
Finally, Smartleaf Asset Management LLC increased its stake in shares of ESCO Technologies by 378.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 565 shares of the scientific and technical instruments company’s stock worth $75,000 after buying an additional 447 shares during the period.
95.70% of the stock is currently owned by hedge funds and other institutional investors. ESCO Technologies Stock Performance Shares of ESCO Technologies stock opened at $157.
60 on Wednesday. The firm has a market capitalization of $4.07 billion, a P/E ratio of 36.
99 and a beta of 1.07. ESCO Technologies Inc.
has a 52 week low of $101.32 and a 52 week high of $171.28.
The company has a quick ratio of 1.35, a current ratio of 2.04 and a debt-to-equity ratio of 0.
07. The firm’s 50 day moving average is $156.04 and its two-hundred day moving average is $145.
00. ESCO Technologies Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.20%. ESCO Technologies’s dividend payout ratio (DPR) is presently 7.
51%. Analyst Upgrades and Downgrades ESE has been the topic of several recent analyst reports. Benchmark increased their price target on shares of 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 target on shares of ESCO Technologies in a research note on Thursday, February 27th. Finally, StockNews.com lowered shares of ESCO Technologies from a “buy” rating to a “hold” rating in a research note on Friday, March 21st.
Check Out Our Latest Stock Analysis 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.
See Also Want to see what other hedge funds are holding ESE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ESCO Technologies Inc. ( NYSE:ESE – Free Report ).
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