ESCO Technologies (ESE)

• Market cap: $3.49B
• 1 day: 1.39%
• 5 days: -2.87%
• 1 month: -7.95%
• 3 months: 8.24%
• 6 months: 31.24%
• Year to date: 17.49%
• 1 year: 19.02%
• 5 years: 47.82%
• 10 years: 271.12%
• Sector: Communication Services
• Industry: Communications Equipment

About: ESCO Technologies Inc sells engineered products and systems for utility, industrial, aerospace, and commercial applications. The firm operates in three segments: Aerospace and Defense, Utility Solutions Group (USG), and Test. The Aerospace and Defense segment designs and manufactures specialty filtration and naval products. The USG segment provides diagnostic testing solutions. The Test segment provides its customers with the ability to identify, measure, and contain magnetic, electromagnetic, and acoustic energy.

Employees: 3,281

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

100% more call options, than puts

Call options by funds: $26K | Put options by funds: $13K

28% more repeat investments, than reductions

Existing positions increased: 100 | Existing positions reduced: 78

22% more capital invested

Capital invested by funds: $2.63B [Q2] → $3.21B (+$579M) [Q3]

0.58% less ownership

Funds ownership: 97.13% [Q2] → 96.55% (-0.58%) [Q3]

9% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 32

1% less funds holding

Funds holding: 256 [Q2] → 253 (-3) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $145 7% upside
• Avg. target: $148 9% upside
• High target: $150 11% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

Benchmark Josh Sullivan 75% 1-year accuracy 42 / 56 met price target	11% upside $150	Buy Reiterated	15 Nov 2024
Stephens & Co. Tommy Moll 89% 1-year accuracy 17 / 19 met price target	7% upside $145	Overweight Maintained	27 Sept 2024