2 weeks Ago By ABMN Staff
Envestnet Asset Management Inc. raised its position in ESCO Technologies Inc. ( NYSE:ESE – Free Report ) by 25.
6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 76,961 shares of the scientific and technical instruments company’s stock after purchasing an additional 15,670 shares during the period. Envestnet Asset Management Inc.
’s holdings in ESCO Technologies were worth $10,252,000 as of its most recent filing with the SEC. A number of other hedge funds and other institutional investors have also recently made changes to their positions in ESE. Pitcairn Co.
raised its stake in ESCO Technologies by 2.0% in the 4th quarter. Pitcairn Co.
now owns 3,479 shares of the scientific and technical instruments company’s stock valued at $463,000 after purchasing an additional 68 shares during the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of ESCO Technologies by 3.
1% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,919 shares of the scientific and technical instruments company’s stock worth $389,000 after buying an additional 88 shares during the last quarter.
GAMMA Investing LLC increased its position in shares of ESCO Technologies by 21.7% during the fourth quarter. GAMMA Investing LLC now owns 571 shares of the scientific and technical instruments company’s stock valued at $76,000 after acquiring an additional 102 shares during the last quarter.
Valmark Advisers Inc. raised its position in ESCO Technologies by 1.8% in the fourth quarter.
Valmark Advisers Inc. now owns 6,779 shares of the scientific and technical instruments company’s stock valued at $903,000 after purchasing an additional 123 shares during the period. Finally, HighTower Advisors LLC boosted its holdings in ESCO Technologies by 5.
3% during the 3rd quarter. HighTower Advisors LLC now owns 2,477 shares of the scientific and technical instruments company’s stock valued at $320,000 after acquiring an additional 124 shares during the period. Hedge funds and other institutional investors own 95.
70% of the company’s stock. ESCO Technologies Trading Up 0.3 % Shares of ESE stock opened at $151.
28 on Friday. ESCO Technologies Inc. has a twelve month low of $98.
77 and a twelve month high of $171.28. The company has a market capitalization of $3.
90 billion, a price-to-earnings ratio of 35.51 and a beta of 1.07.
The firm has a 50-day moving average price of $157.45 and a 200 day moving average price of $143.38.
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 Announces Dividend The business also recently declared 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 was Wednesday, April 2nd. This represents a $0.
32 annualized dividend and a dividend yield of 0.21%. ESCO Technologies’s payout ratio is 7.
51%. Analysts Set New Price Targets Several research firms recently commented on ESE. StockNews.
com cut ESCO Technologies from a “buy” rating to a “hold” rating in a research note on Friday, March 21st. Benchmark boosted their target price on ESCO Technologies from $150.00 to $190.
00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Finally, Stephens restated an “overweight” rating and issued a $175.00 price objective on shares of ESCO Technologies in a research note on Thursday, February 27th.
Get Our Latest Stock Report on ESCO Technologies About ESCO Technologies ( 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.
Featured Stories 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 ).
Receive News & Ratings for ESCO Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ESCO Technologies and related companies with MarketBeat.com's FREE daily email newsletter ..
