ESCO Technologies (NYSE:ESE) Upgraded at StockNews.com

ESCO Technologies (NYSE:ESE) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Thursday.

A number of other research analysts have also commented on ESE. Benchmark reissued a “buy” rating and set a $150.00 price target on shares of ESCO Technologies in a report on Friday, November 15th. Stephens raised their target price on shares of ESCO Technologies from $135.00 to $145.00 and gave the company an “overweight” rating in a research note on Friday, September 27th.

ESCO Technologies Stock Up 0.7 %

ESE opened at $132.40 on Thursday. The stock’s 50 day moving average price is $139.84 and its 200 day moving average price is $126.29. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.91 and a quick ratio of 1.31. The stock has a market cap of $3.41 billion, a P/E ratio of 33.60 and a beta of 1.11. ESCO Technologies has a 12 month low of $96.69 and a 12 month high of $154.00.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. First Horizon Advisors Inc. boosted its stake in shares of ESCO Technologies by 20.9% during the 3rd quarter. First Horizon Advisors Inc. now owns 411 shares of the scientific and technical instruments company’s stock worth $53,000 after acquiring an additional 71 shares in the last quarter. GAMMA Investing LLC increased 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. HighTower Advisors LLC increased its stake in ESCO Technologies by 5.3% in the 3rd quarter. HighTower Advisors LLC now owns 2,477 shares of the scientific and technical instruments company’s stock worth $320,000 after purchasing an additional 124 shares in the last quarter. Arizona State Retirement System raised its holdings in ESCO Technologies by 1.8% during 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 period. Finally, Signaturefd LLC boosted its holdings in shares of 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 buying an additional 150 shares during the period. Institutional investors own 95.70% of the company’s stock.

About ESCO Technologies

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.