Diversified Trust Co Boosts Stock Holdings in ESCO Technologies Inc. (NYSE:ESE)

Diversified Trust Co grew its holdings in ESCO Technologies Inc. (NYSE:ESE) by 32.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,456 shares of the scientific and technical instruments company’s stock after purchasing an additional 2,575 shares during the period. Diversified Trust Co’s holdings in ESCO Technologies were worth $1,119,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. GAMMA Investing LLC purchased a new stake in shares of ESCO Technologies during the fourth quarter worth $45,000. TFO Wealth Partners LLC raised its stake in shares of ESCO Technologies by 53,200.0% during the 4th quarter. TFO Wealth Partners LLC now owns 533 shares of the scientific and technical instruments company’s stock valued at $62,000 after purchasing an additional 532 shares during the period. Lindenwold Advisors INC purchased a new stake in ESCO Technologies during the 4th quarter worth about $203,000. Contravisory Investment Management Inc. boosted its stake in ESCO Technologies by 1,633.6% in the 1st quarter. Contravisory Investment Management Inc. now owns 2,219 shares of the scientific and technical instruments company’s stock worth $238,000 after purchasing an additional 2,091 shares during the period. Finally, Sequoia Financial Advisors LLC purchased a new position in ESCO Technologies during the 4th quarter valued at about $276,000. 95.70% of the stock is owned by institutional investors.

ESCO Technologies Trading Down 2.8 %

Shares of ESE opened at $102.12 on Tuesday. ESCO Technologies Inc. has a twelve month low of $94.59 and a twelve month high of $118.60. The stock has a market cap of $2.63 billion, a PE ratio of 26.80 and a beta of 1.10. The company has a quick ratio of 1.42, a current ratio of 2.15 and a debt-to-equity ratio of 0.15. The business’s 50-day moving average price is $106.48 and its 200-day moving average price is $105.06.

ESCO Technologies (NYSE:ESE) last posted its earnings results on Thursday, May 9th. The scientific and technical instruments company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.06. ESCO Technologies had a net margin of 9.94% and a return on equity of 8.83%. The business had revenue of $249.10 million for the quarter, compared to analyst estimates of $241.15 million. During the same quarter in the prior year, the firm posted $0.76 EPS. ESCO Technologies’s revenue was up 8.7% on a year-over-year basis. On average, equities analysts forecast that ESCO Technologies Inc. will post 4.22 EPS for the current fiscal year.

ESCO Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 19th. Investors of record on Wednesday, July 3rd will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.31%. The ex-dividend date of this dividend is Wednesday, July 3rd. ESCO Technologies’s dividend payout ratio is 8.40%.

ESCO Technologies Company Profile

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.