ESCO Technologies Inc. (NYSE:ESE) Stock Holdings Trimmed by Royce & Associates LP

Royce & Associates LP lowered its position in shares of ESCO Technologies Inc. (NYSE:ESE) by 15.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 555,951 shares of the scientific and technical instruments company’s stock after selling 100,852 shares during the quarter. ESCO Technologies comprises 0.7% of Royce & Associates LP’s portfolio, making the stock its 20th largest position. Royce & Associates LP’s holdings in ESCO Technologies were worth $71,707,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of ESE. Moody National Bank Trust Division raised its position in shares of ESCO Technologies by 4.4% during the 2nd quarter. Moody National Bank Trust Division now owns 2,827 shares of the scientific and technical instruments company’s stock valued at $297,000 after acquiring an additional 120 shares in the last quarter. Arizona State Retirement System lifted its position in shares of ESCO Technologies by 1.8% in the 2nd quarter. Arizona State Retirement System now owns 7,222 shares of the scientific and technical instruments company’s stock worth $759,000 after buying an additional 130 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of ESCO Technologies by 43.0% in the 3rd quarter. GAMMA Investing LLC now owns 469 shares of the scientific and technical instruments company’s stock valued at $60,000 after buying an additional 141 shares during the period. Signaturefd LLC raised its stake in ESCO Technologies by 17.9% during the third quarter. Signaturefd LLC now owns 990 shares of the scientific and technical instruments company’s stock worth $128,000 after acquiring an additional 150 shares during the period. Finally, Louisiana State Employees Retirement System raised its stake in ESCO Technologies by 1.6% during the second quarter. Louisiana State Employees Retirement System now owns 13,000 shares of the scientific and technical instruments company’s stock worth $1,366,000 after acquiring an additional 200 shares during the period. Institutional investors own 95.70% of the company’s stock.

ESCO Technologies Price Performance

Shares of NYSE:ESE opened at $139.62 on Friday. The firm’s 50 day moving average is $126.87 and its two-hundred day moving average is $116.94. The firm has a market capitalization of $3.60 billion, a P/E ratio of 36.17 and a beta of 1.08. The company has a current ratio of 2.10, a quick ratio of 1.39 and a debt-to-equity ratio of 0.13. ESCO Technologies Inc. has a 52 week low of $96.69 and a 52 week high of $147.80.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on ESE shares. Benchmark reaffirmed a “buy” rating and set a $150.00 target price on shares of ESCO Technologies in a report on Tuesday, November 5th. Stephens increased their target price on ESCO Technologies from $135.00 to $145.00 and gave the stock an “overweight” rating in a research report on Friday, September 27th.

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.