JPMorgan Chase & Co. Increases Stock Position in ESCO Technologies Inc. (NYSE:ESE)

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JPMorgan Chase & Co. boosted its holdings in ESCO Technologies Inc. (NYSE:ESE – Free Report) by 87.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 144,039 shares of the scientific and technical instruments company’s stock after buying an additional 67,116 shares during [...]

JPMorgan Chase & Co. boosted its holdings in ESCO Technologies Inc. ( NYSE:ESE – Free Report ) by 87.

3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 144,039 shares of the scientific and technical instruments company’s stock after buying an additional 67,116 shares during the period. JPMorgan Chase & Co.



owned approximately 0.56% of ESCO Technologies worth $19,187,000 as of its most recent filing with the Securities and Exchange Commission. A number of other hedge funds and other institutional investors have also bought and sold shares of the business.

Mather Group LLC. bought a new stake in shares of ESCO Technologies during the fourth quarter valued at about $30,000. Jones Financial Companies Lllp grew its stake in ESCO Technologies by 747.

1% during the fourth quarter. Jones Financial Companies Lllp now owns 288 shares of the scientific and technical instruments company’s stock valued at $38,000 after acquiring an additional 254 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in ESCO Technologies by 378.

8% during the 4th quarter. Smartleaf Asset Management LLC now owns 565 shares of the scientific and technical instruments company’s stock worth $75,000 after acquiring an additional 447 shares during the period. GAMMA Investing LLC lifted its stake in ESCO Technologies by 21.

7% in the 4th quarter. GAMMA Investing LLC now owns 571 shares of the scientific and technical instruments company’s stock worth $76,000 after purchasing an additional 102 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its holdings in ESCO Technologies by 287.

5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 775 shares of the scientific and technical instruments company’s stock valued at $103,000 after purchasing an additional 575 shares during the period. Institutional investors own 95.

70% of the company’s stock. ESCO Technologies Trading Down 3.4 % Shares of ESE opened at $146.

75 on Friday. The firm has a fifty day simple moving average of $156.99 and a two-hundred day simple moving average of $142.

50. ESCO Technologies Inc. has a twelve month low of $97.

11 and a twelve month high of $171.28. The stock has a market capitalization of $3.

79 billion, a P/E ratio of 34.45 and a beta of 1.07.

The company has a quick ratio of 1.35, a current ratio of 2.04 and a debt-to-equity ratio of 0.

07. ESCO Technologies Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Wednesday, April 2nd will be paid a $0.

08 dividend. The ex-dividend date is Wednesday, April 2nd. This represents a $0.

32 dividend on an annualized basis and a dividend yield of 0.22%. ESCO Technologies’s dividend payout ratio is presently 7.

51%. Analysts Set New Price Targets Several analysts have weighed in on ESE shares. Benchmark raised their price target on ESCO Technologies from $150.

00 to $190.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Stephens reaffirmed an “overweight” rating and issued a $175.

00 target price on shares of ESCO Technologies in a research note on Thursday, February 27th. Finally, StockNews.com lowered shares of ESCO Technologies from a “buy” rating to a “hold” rating in a research report on Friday, March 21st.

View 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.

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