ESCO Technologies Inc. (NYSE:ESE) Shares Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. lowered its position in ESCO Technologies Inc. (NYSE:ESEGet Rating) by 3.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,252 shares of the scientific and technical instruments company’s stock after selling 204 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in ESCO Technologies were worth $460,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Advisor Group Holdings Inc. increased its stake in shares of ESCO Technologies by 45.6% in the first quarter. Advisor Group Holdings Inc. now owns 2,265 shares of the scientific and technical instruments company’s stock valued at $158,000 after purchasing an additional 709 shares during the period. KBC Group NV acquired a new position in shares of ESCO Technologies during the second quarter valued at approximately $212,000. OLD National Bancorp IN increased its stake in shares of ESCO Technologies by 11.2% during the second quarter. OLD National Bancorp IN now owns 3,485 shares of the scientific and technical instruments company’s stock valued at $238,000 after acquiring an additional 351 shares during the period. Mount Yale Investment Advisors LLC increased its stake in shares of ESCO Technologies by 26.5% during the second quarter. Mount Yale Investment Advisors LLC now owns 3,675 shares of the scientific and technical instruments company’s stock valued at $251,000 after acquiring an additional 770 shares during the period. Finally, PDT Partners LLC acquired a new position in shares of ESCO Technologies during the second quarter valued at approximately $319,000. Institutional investors and hedge funds own 93.96% of the company’s stock.

ESCO Technologies Trading Up 1.7 %

Shares of NYSE:ESE opened at $93.33 on Monday. The stock has a market capitalization of $2.42 billion, a price-to-earnings ratio of 29.53 and a beta of 1.08. ESCO Technologies Inc. has a 1-year low of $60.03 and a 1-year high of $96.69. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.29 and a current ratio of 1.80. The company has a 50 day moving average price of $90.71 and a 200 day moving average price of $83.23.

ESCO Technologies (NYSE:ESEGet Rating) last issued its earnings results on Thursday, November 17th. The scientific and technical instruments company reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $0.06. The firm had revenue of $256.50 million during the quarter. ESCO Technologies had a net margin of 9.60% and a return on equity of 8.13%. On average, research analysts anticipate that ESCO Technologies Inc. will post 3.51 EPS for the current fiscal year.

ESCO Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 20th. Investors of record on Thursday, January 5th were paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.34%. The ex-dividend date was Wednesday, January 4th. ESCO Technologies’s dividend payout ratio is 10.13%.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. StockNews.com upgraded shares of ESCO Technologies from a “hold” rating to a “buy” rating in a research note on Monday, November 21st. Stephens raised their price objective on shares of ESCO Technologies from $100.00 to $110.00 and gave the company an “overweight” rating in a research note on Monday, November 21st.

ESCO Technologies Profile

(Get Rating)

ESCO Technologies Inc produces and supplies engineered products and systems for industrial and commercial markets worldwide. It operates through Aerospace & Defense, Utility Solutions Group, and RF Shielding and Test segments. 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.

Further Reading

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

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