PDT Partners LLC Has $3.49 Million Holdings in ESCO Technologies Inc. (NYSE:ESE)

PDT Partners LLC grew its position in shares of ESCO Technologies Inc. (NYSE:ESE) by 26.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,016 shares of the scientific and technical instruments company’s stock after buying an additional 5,690 shares during the quarter. PDT Partners LLC owned approximately 0.10% of ESCO Technologies worth $3,485,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. First Horizon Advisors Inc. acquired a new stake in ESCO Technologies in the second quarter valued at approximately $36,000. Innealta Capital LLC acquired a new stake in shares of ESCO Technologies in the 2nd quarter valued at $50,000. GAMMA Investing LLC lifted its stake 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 purchasing an additional 141 shares during the last quarter. Signaturefd LLC boosted its holdings in ESCO Technologies by 17.9% in the third quarter. Signaturefd LLC now owns 990 shares of the scientific and technical instruments company’s stock worth $128,000 after purchasing an additional 150 shares in the last quarter. Finally, Intech Investment Management LLC acquired a new position in ESCO Technologies during the second quarter worth $205,000. Institutional investors own 95.70% of the company’s stock.

ESCO Technologies Stock Up 0.5 %

ESE stock opened at $148.81 on Friday. The stock has a market capitalization of $3.83 billion, a price-to-earnings ratio of 37.77 and a beta of 1.08. The company has a 50-day moving average of $133.54 and a two-hundred day moving average of $120.27. 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 current ratio of 1.91 and a quick ratio of 1.31.

ESCO Technologies Dividend Announcement

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

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. StockNews.com downgraded ESCO Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday. Benchmark restated a “buy” rating and issued a $150.00 target price on shares of ESCO Technologies in a report on Friday, November 15th. Finally, Stephens increased their price target on ESCO Technologies from $135.00 to $145.00 and gave the company an “overweight” rating in a report on Friday, September 27th.

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.