ESCO Technologies stock gains 1.91 percent after Megger deal
ESCO Technologies' stock rose 1.91% following its acquisition of Megger, which expands its utility testing business. The company reported strong Q3 sales and EPS growth, though the Megger deal introduces leverage and share dilution. Analysts maintain a "Buy" consensus with a price target significantly above the current stock price.
ESCO Technologies Closes Megger Deal, Sets Shareholder Pact and Secures $1.5 Billion Credit Facilities
ESCO Technologies has finalized post-acquisition arrangements for its purchase of Megger, including a Shareholder Agreement with TBG and securing $1.5 billion in new senior secured credit facilities. The Shareholder Agreement grants TBG a board designee and includes a 12-month lock-up. The new credit facilities, led by JPMorgan, will finance the acquisition and refinance existing debt, leading to the early termination of ESCO's 2023 credit agreement.
With 5.10 million shares plus cash, ESCO Technologies (ESE) completes its Megger purchase.
ESCO Technologies Inc. (ESE) has completed its acquisition of Megger Group Limited for approximately $2.3 billion, paid with $922 million in cash and 5.10 million common shares. The acquisition was financed through a new credit agreement of approximately $1.0 billion, which also refinanced existing indebtedness and covered transaction costs. As part of the deal, ESCO expanded its board and appointed Jeremy P. Abson as an independent director, while the seller retains certain rights and restrictions related to the consideration shares.
ESCO Completes Acquisition of Megger Group Limited
ESCO Technologies Inc. (NYSE: ESE) has announced the completion of its acquisition of Megger Group Limited from TBG AG. This strategic acquisition aims to expand ESCO's leadership in high-growth markets, particularly in utility solutions, by integrating Megger's testing, monitoring, and data-driven solutions for critical electric infrastructure. ESCO will release its FY 2027 financial guidance, including the impacts of this acquisition, in November with its Q4 2026 earnings report.
ESCO Technologies completes acquisition of Megger Group
ESCO Technologies Inc. (NYSE:ESE) has finalized its acquisition of Megger Group Limited from TBG AG. Megger, a provider of testing and monitoring solutions for utilities, will join ESCO's Utility Solutions Group segment, broadening ESCO's international reach and product offerings. ESCO plans to update its fiscal year 2027 financial guidance, reflecting the acquisition, when it releases fourth-quarter 2026 earnings in November.
ESCO Technologies completes acquisition of Megger Group
ESCO Technologies Inc. (NYSE:ESE) has completed its acquisition of Megger Group Limited from TBG AG. The acquisition expands ESCO's utility product offerings and international reach, with Megger operating within ESCO’s Utility Solutions Group segment. ESCO plans to release its fiscal year 2027 financial guidance, including the impacts of this acquisition, in November when fourth quarter 2026 earnings are announced.
Testing and monitoring solutions for electric utilities now belong to ESCO.
ESCO Technologies (NYSE: ESE) has completed its acquisition of Megger Group, a provider of testing, monitoring, and data-driven solutions for electric utilities. Megger will become part of ESCO's Utility Solutions Group, expanding ESCO's offerings and international reach in high-growth end-markets. TBG AG, the seller, has agreed to lock-up provisions for its ESCO common stock and secured nomination rights for one seat on ESCO's board of directors.
ESCO Technologies Inc. completed the acquisition of Megger Group Limited from TBG AG.
ESCO Technologies Inc. (NYSE:ESE) has successfully acquired Megger Group Limited from TBG AG, a transaction valued at $2.5 billion. The acquisition, which closed on October 1, 2026, involves $0.92 billion in cash and the issuance of 5.1 million shares in ESCO. Megger will integrate into ESCO's Utility Solution Group segment, enhancing ESCO's utility product offerings and global reach.
ESCO Technologies To Go Ex-Dividend On October 1st, 2026 With 0.08 USD Dividend Per Share
ESCO Technologies (NYSE: ESE) has announced it will go ex-dividend on October 1st, 2026, with a dividend payment of $0.08 per share. Shareholders who own the stock before this date will be eligible for the dividend. This information is crucial for investors tracking dividend payouts.
Latest ESE ETF News Today | Earnings, Events & Price Alerts
This page provides a consolidated list of recent news and events related to the ESE ETF, including earnings reports, acquisitions, and analyst ratings. Key highlights include ESCO Technologies' earnings beats and misses, its acquisition of Megger Group, and a new buy rating from Deutsche Bank. The information is presented chronologically, offering a quick overview of significant developments affecting ESE.
ESCO Technologies Inc. (ESE) Stock Forecasts
Argus has raised its target price for ESCO Technologies Inc. (ESE) to $288.00 from its current price of $268.42. The company sells engineered products and systems across various sectors including utility, industrial, aerospace, and commercial applications. The report was published on September 23, 2026.
ESCO Technologies stock gains 1.67 percent on earnings strength
ESCO Technologies (ESE) saw its stock price increase by 1.67 percent following a strong Q3 2026 earnings report. The company reported EPS of USD 2.20, beating the consensus, and revenue grew 14.4 percent year over year to USD 339.03 million. Management maintained its fiscal 2026 EPS guidance of USD 8.30 to USD 8.40, indicating continued stability for investors.
$1000 Invested In ESCO Technologies 10 Years Ago Would Be Worth This Much Today
An investment of $1000 in ESCO Technologies (NYSE: ESE) ten years ago would be worth $5,739.50 today, based on an average annual return of 19.03%. The company has outperformed the market by 5.41% annually over the last decade. This illustrates the significant impact of compounded returns on investment growth over time.
146,461 Shares in ESCO Technologies Inc. $ESE Bought by Bank of America Corp DE
Bank of America Corp DE recently acquired a significant stake of 146,461 shares in ESCO Technologies Inc. (NYSE:ESE), valued at approximately $51.3 million, giving them a 0.57% ownership. This move highlights institutional confidence, as 95.7% of the company is owned by institutional investors. Analysts maintain a "Buy" rating for ESCO Technologies, with an average price target of $416.50, following strong Q2 earnings where the company exceeded EPS estimates and saw a 14.4% revenue increase year-over-year.
California State Teachers Retirement System Trims Stake in ESCO Technologies Inc. $ESE
California State Teachers Retirement System reduced its stake in ESCO Technologies Inc. (NYSE:ESE) by 0.5% in the second quarter, now holding 30,046 shares valued at over $10.5 million. Despite this trimming, institutional investors collectively own 95.70% of the company's stock, and analysts maintain a "Buy" rating with a consensus target price of $416.50. ESCO Technologies recently announced a quarterly dividend of $0.08 per share.
Squarepoint Ops LLC Raises Stake in ESCO Technologies Inc. $ESE
Squarepoint Ops LLC significantly increased its stake in ESCO Technologies Inc. by 178.2% in the second quarter, bringing its total holdings to 10,643 shares valued at approximately $3.7 million. This comes as ESCO Technologies exceeded quarterly earnings expectations with a 14.4% year-over-year revenue increase and analysts maintaining a "Buy" rating with a $416.50 price target. The company also announced a quarterly dividend of $0.08 per share.
Here's How Much $100 Invested In ESCO Technologies 5 Years Ago Would Be Worth Today
ESCO Technologies (NYSE: ESE) has outperformed the market over the past five years, achieving an average annual return of 25.86%. An initial investment of $100 in ESE stock five years ago would now be worth $315.84, demonstrating the significant impact of compounded returns. The company currently holds a market capitalization of $6.91 billion.
Price-Driven Insight from (ESE) for Rule-Based Strategy
Esco Technologies Inc. (NYSE: ESE) is exhibiting weak near and mid-term sentiment, which could challenge its long-term positive outlook. The analysis from Stock Traders Daily's AI models presents three trading strategies: a Long Position Trading Strategy, a Momentum Breakout Strategy, and a Risk Hedging Strategy. The report indicates elevated downside risk due to a lack of additional long-term support signals.
Mitsubishi UFJ Asset Management Co. Ltd. Makes New $13.03 Million Investment in ESCO Technologies Inc. $ESE
Mitsubishi UFJ Asset Management Co. Ltd. has acquired a new stake in ESCO Technologies Inc. valued at approximately $13.03 million. This investment highlights continued institutional interest in ESCO Technologies, which has seen several other institutional investors adjust their positions. Despite some analyst downgrades, the company maintains an average "Buy" rating with a target price of $416.50, driven by strong quarterly earnings and reaffirmed fiscal guidance.
4,094,472 Shares in ESCO Technologies Inc. $ESE Bought by BlackRock Inc.
BlackRock Inc. has acquired a significant new stake of 4,094,472 shares in ESCO Technologies Inc. (NYSE:ESE), valued at approximately $1.43 billion, making it a 15.80% owner of the company. Other institutional investors have also recently bought shares, with institutional ownership now standing at 95.70%. ESCO Technologies recently reported strong quarterly earnings, topping analyst estimates, and announced a quarterly dividend.
Lisanti Capital Growth LLC Purchases New Holdings in ESCO Technologies Inc. $ESE
Lisanti Capital Growth LLC has acquired a new position in ESCO Technologies Inc. (NYSE:ESE) during the second quarter, purchasing 10,130 shares valued at approximately $3.55 million. This move is part of broader institutional interest, with several other large investors also adjusting their stakes in the scientific and technical instruments company. ESCO Technologies recently reported strong earnings, beating analyst estimates, and has an average "Buy" rating from Wall Street analysts with a target price of $416.50.
First National Bank of Omaha Buys Shares of 3,474 ESCO Technologies Inc. $ESE
First National Bank of Omaha has acquired a new stake of 3,474 shares in ESCO Technologies Inc. (NYSE:ESE) during the second quarter, valued at approximately $1,216,000. Several other institutional investors also adjusted their holdings in ESCO Technologies, which recently announced a quarterly dividend of $0.08 per share. The company's stock has seen a 5.4% dip and currently holds an average analyst rating of "Buy" with a consensus price target of $416.50.
$100 Invested In ESCO Technologies 15 Years Ago Would Be Worth This Much Today
ESCO Technologies (NYSE: ESE) has demonstrated strong performance over the last 15 years, outperforming the market with an annualized return of 16.92%. An initial investment of $100 in ESE stock 15 years ago would now be valued at $1,093.40. This highlights the significant impact of compounded returns on investment growth over time.
ESCO Technologies (ESE) Could Be 21% Below Fair Value On Raised 2026 Guidance
ESCO Technologies (ESE) reported strong Q3 sales and net income, along with raised full-year revenue and earnings guidance for 2026. The stock has seen significant momentum with a 54.77% year-to-date return. Simply Wall St's analysis suggests ESCO Technologies is 20.6% undervalued with a fair value of $385, based on assumptions of continued growth in global electricity demand and recurring revenues.
Oppenheimer Asset Management Inc. Takes $3.03 Million Position in ESCO Technologies Inc. $ESE
Oppenheimer Asset Management Inc. acquired a new position in ESCO Technologies Inc. (NYSE:ESE) worth approximately $3.03 million during the second quarter, comprising 8,656 shares. This move comes as ESCO Technologies reported strong quarterly earnings, beating EPS estimates and showing a 14.4% year-over-year revenue increase, with institutional investors collectively owning 95.7% of the company's stock. Analysts maintain a "Buy" rating for ESCO Technologies, with an average price target significantly above its current trading price.
ESCO Technologies (ESE) Is Down 8.3% After Raising 2026 Sales Guidance And Affirming Dividend – What's Changed
ESCO Technologies Inc. (ESE) reported higher Q3 2026 sales of US$339.03 million and net income of US$32.74 million, leading to an upward revision of its full-year 2026 sales guidance to US$1.30–US$1.33 billion and an affirmed quarterly dividend of US$0.08 per share. Despite these positive indicators and strong demand across key segments, the stock is down 8.3%. The company's investment narrative centers on sustained demand for grid reliability, testing, and aerospace and defense solutions, though challenges like rising costs and regulatory pressures could impact margins.
What ESCO Technologies (ESE)'s Earnings Beat, Higher Guidance and Dividend Signal Means For Shareholders
ESCO Technologies recently announced strong third-quarter 2026 results, with increased sales and diluted EPS, alongside raised full-year sales guidance and an affirmed quarterly dividend. These positive signals suggest management's confidence in demand across its utility and aerospace businesses. The article examines how these developments support ESCO's long-term investment narrative, emphasizing its role in critical infrastructure and aerospace, and discusses the implications for future growth and investor perception.
Here's How Much $1000 Invested In ESCO Technologies 10 Years Ago Would Be Worth Today
This article analyzes the hypothetical return on a $1000 investment in ESCO Technologies (NYSE: ESE) made 10 years ago. It reveals that such an investment would now be worth $6,693.50, demonstrating the significant impact of compounded returns. ESCO Technologies has outperformed the market over the past decade with an average annual return of 20.98%.
ESCO Technologies Inc. $ESE Stake Boosted by Wasatch Advisors LP
Wasatch Advisors LP significantly increased its stake in ESCO Technologies Inc. (NYSE:ESE) by 65.7% in the second quarter, now owning 1.84% of the company's stock valued at $167.21 million. Institutional investors collectively hold 95.7% of ESCO's shares. Analysts maintain a "Buy" rating with an average target price of $416.50, following positive earnings results where ESCO beat EPS estimates and reported a 14.4% revenue increase year-over-year.
Bank of America Corp DE Sells 46,288 Shares of ESCO Technologies Inc. $ESE
Bank of America Corp DE reduced its stake in ESCO Technologies Inc. (NYSE:ESE) by 19.8%, selling 46,288 shares and now owning 187,754 shares valued at $52.8 million. Despite this sale, institutional investors hold 95.7% of the company, and analysts maintain a consensus "Buy" rating with an average target price of $416.50. ESCO Technologies recently reported strong quarterly earnings of $2.20 EPS, surpassing estimates, and declared a quarterly dividend of $0.08 per share.
ESCO Technologies 3Q 2026: Revenue $339.03M, EPS $1.26— 10-Q Summary
ESCO Technologies reported strong third-quarter 2026 results, with revenue reaching $339.03 million and diluted EPS at $1.26, reflecting year-over-year growth. This performance was primarily driven by strength in its aerospace & defense and Test segments, along with improved margins despite some acquisition and restructuring costs. The company also saw its backlog increase to $1.54 billion and completed the integration of a maritime-related acquisition.
ESCO Technologies (ESE) Stock Price Falls Despite Record 2026 EPS Outlook
Despite ESCO Technologies (ESE) raising its full-year 2026 adjusted EPS guidance to a record US$8.30-$8.40 and reporting strong Q3 revenue and backlog, its stock price fell 6.8%. The market reaction suggests concerns over the company's premium P/E, mixed performance in its Utility Solutions segment, and questions surrounding the financing and integration of its Megger acquisition. While aerospace and defense showed robust growth, weaknesses in parts of the utility business and leverage concerns provide ammunition for bearish perspectives.
ESCO Technologies (NYSE:ESE) Releases Quarterly Earnings Results, Beats Expectations By $0.08 EPS
ESCO Technologies (NYSE:ESE) reported strong quarterly earnings, beating EPS expectations by $0.08 with $2.20, although revenue slightly missed estimates. The company's robust orders led to a 1.21 book-to-bill ratio and a record $1.54 billion backlog, prompting management to raise fiscal 2026 EPS guidance. Despite these positive results and increased guidance, the stock saw a decline to $305.38 in Friday trading, influenced by reduced margins in its Utility Solutions segment due to weakness in NRG’s renewables business.
ESCO Technologies (ESE) Could Be 15% Undervalued On Earnings Guidance And Megger Deal
ESCO Technologies (ESE) is drawing attention after strong Q3 2026 earnings, increased full-year guidance, a reaffirmed dividend, and the acquisition of Megger Group Limited. Despite a significant share price increase, Simply Wall St suggests the stock could still be 15% undervalued, with a fair value estimate of $385 against its current price of $328.03. However, its high P/E ratio of 64.5x compared to the industry average of 27.8x indicates potential valuation risk if growth expectations falter.
ESCO Technologies Inc (ESE) (Q3 2026) Earnings Call Highlights: Record Backlog and Raised ...
ESCO Technologies Inc (ESE) reported strong Q3 2026 results, including a 14% sales growth, a 37.5% increase in adjusted EPS to $2.20, and a record backlog of $1.54 billion. The company raised its full-year adjusted EPS guidance to $8.30-$8.40 and highlighted robust performance in its Aerospace & Defense and Test segments, despite some challenges in the Utility Solutions Group and negative order growth primarily due to prior-year acquisitions and non-repeat orders. The upcoming Megger acquisition is on track, expected to close in Q1 FY2027, further enhancing the utility solutions segment.
ESCO Technologies Inc (ESE) Stock Down 6.8% but Still Overvalued -- GF Score: 87/100
ESCO Technologies Inc (ESE) shares recently dropped 6.8%, yet the stock remains significantly overvalued according to GuruFocus' GF Value™ estimate of $188.56 against its current price of $305.72. Despite its overvaluation, ESE boasts a strong GF Score™ of 87/100, driven by excellent financial strength, profitability, and growth ratings. However, its low valuation rank and mixed signals from institutional investors suggest caution for potential investors.
ESCO Technologies Inc. Plans Quarterly Dividend of $0.08 (NYSE:ESE)
ESCO Technologies Inc. announced a quarterly dividend of $0.08 per share, payable on October 15th to shareholders of record on October 1st. This dividend represents a 0.1% yield and is well-covered by earnings, with a payout ratio of 4.6%. The company also reported strong quarterly earnings, exceeding analyst estimates, and provided positive fiscal 2026 EPS guidance.
Q3 2026 ESCO Technologies Inc Earnings Call Transcript
This article provides the transcript and key points from ESCO Technologies Inc.'s Q3 2026 earnings call. It highlights the company's strong financial performance, including record backlog and increased adjusted EPS guidance, driven by growth in Aerospace & Defense and Test segments. However, it also notes challenges such as negative order growth in some areas and declining margins in the Utility Solutions Group due to market conditions and product mix.
ESCO Technologies earnings on deck: Can defense surge continue?
ESCO Technologies is set to report its third-quarter earnings, with analysts anticipating significant year-over-year growth in both earnings per share and revenue, driven by strong performance in its aerospace, defense, and utility segments. Investors will be closely watching for sustained order momentum, updates on the integration of the recently acquired Megger Group Limited, and margin performance to determine if the company's premium valuation is justified. The company's stock has nearly doubled from its 52-week low, and all four covering analysts rate it a strong buy.
ESCO Technologies earnings beat by $0.09, revenue fell short of estimates
ESCO Technologies (NYSE: ESE) reported its third-quarter earnings, beating analyst EPS estimates by $0.09 with a reported $2.20 per share. However, the company's revenue of $339.03 million fell slightly short of the consensus estimate of $339.11 million. Despite the mixed financial results, ESCO Technologies' stock has performed well, rising 8.22% in the last three months and 69.74% over the past year
ESCO Technologies (NYSE:ESE) Issues FY 2026 Earnings Guidance
ESCO Technologies (NYSE:ESE) has issued its FY 2026 earnings guidance, projecting an EPS of $8.30–$8.40, which surpasses the consensus estimate of $8.19, with revenue guidance matching expectations at approximately $1.3 billion. The company's recent quarterly results exceeded profit forecasts, reporting an EPS of $2.20 against a $2.12 consensus, although revenue slightly missed estimates. Analysts maintain a "Buy" rating and a $410 price target, with institutional investors holding a significant 95.7% stake in the company.
ESCO Technologies Inc. reports results for the quarter ended June 30 - Earnings Summary
This article from Refinitiv, published via Reuters on TradingView, reports that ESCO Technologies Inc. has released its earnings summary for the quarter that ended on June 30. The full article content is not directly provided, requiring users to access it through TradingView's platform.
Earnings Flash (ESE) ESCO Technologies Inc. Reports Q3 Revenue $339.0M, vs. FactSet Est of $341.4M
ESCO Technologies Inc. (ESE) reported its Q3 revenue of $339.0 million, falling short of the FactSet estimate of $341.4 million. The company also announced its Q3 adjusted EPS of $2.20 per share, which exceeded the FactSet estimate of $2.12. Furthermore, ESCO Technologies updated its fiscal 2026 adjusted EPS guidance to a range of $8.30-$8.40 and its fiscal 2026 revenue guidance to $1.30B-$1.33B.
ESCO Technologies Posts Record $1.54B Backlog After Q3
ESCO Technologies (NYSE:ESE) reported strong Q3 FY 2026 results, with sales increasing 14% to $339 million and adjusted EPS rising 38% to $2.20. The company achieved a record backlog of $1.54 billion, driven by entered orders of $410 million, and raised its full-year FY 2026 guidance for both sales and adjusted EPS. ESCO also announced the pending acquisition of Megger Group, expected to close in Q1 FY 2027.
ESCO Reports Third Quarter Fiscal 2026 Results
ESCO Technologies Inc. (NYSE: ESE) reported strong third-quarter fiscal 2026 results, with sales increasing 14% to $339 million and Adjusted EPS from Continuing Operations rising 38% to $2.20. The company achieved a record backlog of $1.54 billion and raised its full-year FY 2026 sales and Adjusted EPS guidance, reflecting broad-based strength across its Aerospace & Defense, Utility Solutions Group, and RF Test & Measurement segments. ESCO also announced progress on its Megger Group Limited acquisition, anticipated to close in Q1 fiscal 2027.
ESCO Technologies (NYSE: ESE) Q3 2026 sales hit $339M, EPS $1.26
ESCO Technologies reported strong Q3 2026 results, with sales increasing 14% to $339 million and GAAP EPS from continuing operations rising 31% to $1.26. The company also announced a 38% increase in Adjusted EPS to $2.20 and a record backlog exceeding $1.5 billion, leading to a raised full-year fiscal 2026 sales and Adjusted EPS guidance. ESCO is proceeding with the acquisition of Megger Group Limited, expected to close in Q1 fiscal 2027, and declared a quarterly dividend of $0.08 per share.
ESCO Technologies earnings on deck: Can defense surge continue? By Investing.com
ESCO Technologies Inc. is set to report its third-quarter earnings, with analysts expecting significant year-over-year growth in EPS and revenue, fueled by its strong aerospace, defense, and utility segments. Investors will be keenly watching for sustained order momentum, updates on the Megger Group Limited acquisition, and margin performance, especially given the company's premium valuation. The results will determine if ESCO can maintain its growth trajectory and justify its current stock price.
ESCO Technologies Inc (ESE) (Q3 2026) Earnings Call Highlights: Record Backlog and Raised ...
ESCO Technologies Inc (ESE) reported strong Q3 2026 results, including a 14% sales growth, 37.5% increase in adjusted EPS to $2.20, and a record backlog of $1.54 billion. The company raised its full-year 2026 adjusted EPS guidance to $8.30-$8.40, reflecting significant year-over-year growth. Key drivers included strong performance in Aerospace & Defense and surging orders in the Test segment and Doble, despite some margin declines in the Utility Solutions Group.
California State Teachers Retirement System Raises Holdings in ESCO Technologies Inc. $ESE
The California State Teachers Retirement System increased its stake in ESCO Technologies Inc. (NYSE:ESE) by 22.7% in the first quarter, now owning 30,188 shares valued at $8.49 million. Other institutional investors also adjusted their holdings, with 95.70% of the stock owned by institutions and hedge funds. Analysts have a consensus "Buy" rating for ESCO Technologies with an average price target of $410.00.
How Earnings Beat Expectations Ahead of ESCO Technologies’ (ESE) August 6 Report Has Changed Its Investment Story
Ahead of its August 6 quarterly report, ESCO Technologies (ESE) garnered attention due to analysts' anticipation of year-over-year earnings and revenue increases, supported by a positive Earnings ESP and a Zacks Rank of 2. This article discusses how this pre-earnings optimism, driven by factors like grid reliability demand and aerospace and defense content, impacts the company's investment narrative. It also highlights potential risks, such as execution challenges from increasing leverage due to a recent credit agreement and acquisition.
