OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases New Holdings in ESAB Corporation $ESAB

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in ESAB Corporation (NYSE:ESAB - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,900 shares of the company's stock, valued at approximately $1,073,000.Other large investors have also modified their holdings of the company. Caitong International Asset Management Co. Ltd purchased a new stake in shares of ESAB in the first quarter worth approximately $33,000. Northwestern Mutual Wealth Management Co. grew its position in ESAB by 109.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 333 shares of the company's stock valued at $40,000 after acquiring an additional 174 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in ESAB by 706.7% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 363 shares of the company's stock worth $42,000 after purchasing an additional 318 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of ESAB during the second quarter worth $59,000. Finally, EverSource Wealth Advisors LLC boosted its stake in shares of ESAB by 183.4% during the second quarter. EverSource Wealth Advisors LLC now owns 972 shares of the company's stock valued at $117,000 after purchasing an additional 629 shares during the period. Hedge funds and other institutional investors own 91.13% of the company's stock. Analyst Upgrades and DowngradesESAB has been the topic of several recent analyst reports. Roth Capital assumed coverage on shares of ESAB in a research note on Friday, September 5th. They issued a "buy" rating and a $150.00 price target on the stock. UBS Group lifted their price target on shares of ESAB from $147.00 to $149.00 and gave the company a "buy" rating in a research note on Monday, October 20th. Loop Capital upgraded ESAB from a "hold" rating to a "buy" rating and boosted their price target for the company from $130.00 to $140.00 in a report on Friday, August 22nd. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of ESAB in a research report on Monday. Finally, JPMorgan Chase & Co. increased their price target on ESAB from $138.00 to $140.00 and gave the stock an "overweight" rating in a research report on Thursday, October 30th. Seven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $141.25.Check Out Our Latest Analysis on ESABESAB Stock Up 1.6%ESAB stock opened at $115.52 on Friday. The business has a fifty day moving average of $114.63 and a two-hundred day moving average of $117.99. The company has a quick ratio of 1.24, a current ratio of 1.99 and a debt-to-equity ratio of 0.62. The firm has a market cap of $7.01 billion, a P/E ratio of 29.10, a P/E/G ratio of 2.21 and a beta of 1.24. ESAB Corporation has a twelve month low of $100.17 and a twelve month high of $135.84. ESAB (NYSE:ESAB - Get Free Report) last announced its quarterly earnings results on Wednesday, October 29th. The company reported $1.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.27 by $0.05. The business had revenue of $727.85 million for the quarter, compared to the consensus estimate of $663.57 million. ESAB had a return on equity of 15.93% and a net margin of 8.70%.The business's revenue was up 8.1% compared to the same quarter last year. During the same period last year, the business posted $1.25 EPS. ESAB has set its FY 2025 guidance at 5.200-5.30 EPS. On average, analysts forecast that ESAB Corporation will post 5.16 earnings per share for the current fiscal year. ESAB Announces DividendThe company also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Wednesday, December 31st will be issued a $0.10 dividend. The ex-dividend date is Wednesday, December 31st. This represents a $0.40 dividend on an annualized basis and a yield of 0.3%. ESAB's payout ratio is currently 10.08%. About ESAB (Free Report)ESAB Corporation engages in the formulation, development, manufacture, and supply of consumable products and equipment for use in cutting, joining, automated welding, and gas control equipment. Its comprehensive range of welding consumables includes electrodes, cored and solid wires, and fluxes using a range of specialty and other materials; and cutting consumables comprising electrodes, nozzles, shields, and tips.See AlsoFive stocks we like better than ESABPets Are Big Business: 4 Big-Ticket Pet Stocks to Add to Your Portfolio3 Recently Downgraded Stocks to Avoid in 2026Consumer Discretionary Stocks ExplainedThe Chip Boom Is Back: 3 Stocks Positioned for Huge Gains3 Natural Gas Stocks That Offer Great Dividend YieldsOracle Stock Hit Hard: Why Its AI Pipeline Could Drive a 2026 RallyThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. 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