Diversified Trust Co Has $1.12 Million Stock Holdings in ESCO Technologies Inc. (NYSE:ESE)

Diversified Trust Co lifted its stake in shares of ESCO Technologies Inc. (NYSE:ESE) by 32.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,456 shares of the scientific and technical instruments company’s stock after purchasing an additional 2,575 shares during the quarter. Diversified Trust Co’s holdings in ESCO Technologies were worth $1,119,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Mariner LLC grew its stake in ESCO Technologies by 2.7% during the third quarter. Mariner LLC now owns 5,250 shares of the scientific and technical instruments company’s stock worth $548,000 after buying an additional 138 shares in the last quarter. Northern Trust Corp increased its stake in ESCO Technologies by 0.3% in the third quarter. Northern Trust Corp now owns 297,353 shares of the scientific and technical instruments company’s stock valued at $31,056,000 after acquiring an additional 965 shares during the last quarter. Quadrature Capital Ltd acquired a new position in ESCO Technologies during the third quarter valued at approximately $288,000. Comerica Bank bought a new stake in ESCO Technologies during the third quarter worth $9,239,000. Finally, Fort Washington Investment Advisors Inc. OH boosted its holdings in shares of ESCO Technologies by 7.9% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 158,157 shares of the scientific and technical instruments company’s stock valued at $18,509,000 after purchasing an additional 11,550 shares in the last quarter. Institutional investors own 95.70% of the company’s stock.

ESCO Technologies Price Performance

ESCO Technologies stock opened at $102.12 on Tuesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.42 and a current ratio of 2.15. ESCO Technologies Inc. has a 52 week low of $94.59 and a 52 week high of $118.60. The stock has a market capitalization of $2.63 billion, a P/E ratio of 26.80 and a beta of 1.10. The stock has a fifty day moving average of $106.48 and a 200-day moving average of $105.06.

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

ESCO Technologies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 19th. Stockholders of record on Wednesday, July 3rd will be issued a dividend of $0.08 per share. The ex-dividend date is Wednesday, July 3rd. This represents a $0.32 annualized dividend and a dividend yield of 0.31%. ESCO Technologies’s dividend payout ratio (DPR) is presently 8.40%.

ESCO Technologies 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.