ESCO Technologies Inc. (ESE) to Issue Quarterly Dividend of $0.08 on July 17th
by Jessica Moore · The Cerbat GemESCO Technologies Inc. (NYSE:ESE – Get Free Report) announced a quarterly dividend on Thursday, May 7th. Shareholders of record on Thursday, July 2nd will be paid a dividend of 0.08 per share by the scientific and technical instruments company on Friday, July 17th. This represents a c) annualized dividend and a dividend yield of 0.1%. The ex-dividend date is Thursday, July 2nd.
ESCO Technologies has decreased its dividend payment by an average of 0.0%per year over the last three years. ESCO Technologies has a dividend payout ratio of 4.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect ESCO Technologies to earn $9.11 per share next year, which means the company should continue to be able to cover its $0.32 annual dividend with an expected future payout ratio of 3.5%.
ESCO Technologies Price Performance
Shares of NYSE:ESE opened at $302.83 on Friday. The firm’s 50 day moving average is $292.85 and its two-hundred day moving average is $246.69. ESCO Technologies has a 52 week low of $172.70 and a 52 week high of $346.20. The firm has a market capitalization of $7.84 billion, a P/E ratio of 25.47, a PEG ratio of 2.08 and a beta of 1.18. The company has a current ratio of 1.33, a quick ratio of 0.89 and a debt-to-equity ratio of 0.08.
ESCO Technologies (NYSE:ESE – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The scientific and technical instruments company reported $1.91 EPS for the quarter, beating the consensus estimate of $1.90 by $0.01. ESCO Technologies had a net margin of 24.69% and a return on equity of 13.12%. The company had revenue of $309.34 million for the quarter, compared to analyst estimates of $307.88 million. During the same quarter last year, the business earned $1.35 earnings per share. ESCO Technologies’s revenue was up 33.5% compared to the same quarter last year. ESCO Technologies has set its Q3 2026 guidance at 2.050-2.150 EPS and its FY 2026 guidance at 8.000-8.250 EPS. Analysts anticipate that ESCO Technologies will post 8.1 earnings per share for the current year.
Analyst Ratings Changes
Several equities research analysts have commented on ESE shares. Weiss Ratings lowered shares of ESCO Technologies from a “buy (a-)” rating to a “buy (b)” rating in a research note on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $400.00 price target on shares of ESCO Technologies in a research note on Friday, April 17th. Finally, Wall Street Zen lowered shares of ESCO Technologies from a “buy” rating to a “hold” rating in a research note on Saturday. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, ESCO Technologies presently has an average rating of “Buy” and a consensus target price of $400.00.
Get Our Latest Stock Analysis on ESCO Technologies
ESCO Technologies Company Profile
ESCO Technologies Inc is a diversified manufacturer of engineered products and systems designed to meet customers’ critical performance requirements in the test, measurement, control, and filtration of data, fluids, and gases. The company serves a wide range of end markets, including commercial aerospace, defense, industrial, medical, and communication network sectors. ESCO’s solutions are tailored to environments where reliability, precision and regulatory compliance are paramount.
Operating through multiple business segments, ESCO Technologies delivers test and measurement instruments such as RF and microwave components, signal distribution systems, and integrated test enclosures that support defense and aerospace programs.