Champlain Investment Partners LLC Acquires 406 Shares of ESCO Technologies Inc. (NYSE:ESE)

Champlain Investment Partners LLC lifted its stake in ESCO Technologies Inc. (NYSE:ESE) by 0.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,263,382 shares of the scientific and technical instruments company’s stock after acquiring an additional 406 shares during the period. Champlain Investment Partners LLC’s holdings in ESCO Technologies were worth $162,951,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in ESE. First Horizon Advisors Inc. bought a new stake in shares of ESCO Technologies during the 2nd quarter valued at about $36,000. GAMMA Investing LLC lifted its position in ESCO Technologies by 43.0% during the third quarter. GAMMA Investing LLC now owns 469 shares of the scientific and technical instruments company’s stock valued at $60,000 after purchasing an additional 141 shares during the last quarter. Innealta Capital LLC purchased a new position in ESCO Technologies in the 2nd quarter worth approximately $50,000. Signaturefd LLC grew its stake in ESCO Technologies by 17.9% in the 3rd quarter. Signaturefd LLC now owns 990 shares of the scientific and technical instruments company’s stock worth $128,000 after buying an additional 150 shares in the last quarter. Finally, Stonegate Investment Group LLC bought a new position in shares of ESCO Technologies in the 3rd quarter worth $207,000. Institutional investors own 95.70% of the company’s stock.

ESCO Technologies Price Performance

ESE stock opened at $148.82 on Friday. The firm has a market cap of $3.83 billion, a P/E ratio of 37.77 and a beta of 1.08. The firm’s fifty day moving average is $130.39 and its 200 day moving average is $118.56. ESCO Technologies Inc. has a 52 week low of $96.69 and a 52 week high of $154.00. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.31 and a current ratio of 1.91.

ESCO Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Thursday, January 2nd will be issued a $0.08 dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $0.32 annualized dividend and a dividend yield of 0.22%. ESCO Technologies’s dividend payout ratio is currently 8.12%.

Analyst Ratings Changes

A number of analysts have recently issued reports on ESE shares. Stephens lifted their price objective on shares of ESCO Technologies from $135.00 to $145.00 and gave the stock an “overweight” rating in a report on Friday, September 27th. Benchmark reiterated a “buy” rating and issued a $150.00 price objective on shares of ESCO Technologies in a report on Friday, November 15th. Finally, StockNews.com upgraded ESCO Technologies from a “hold” rating to a “buy” rating in a research report on Monday, November 18th.

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.