ESAB (NYSE:ESAB) Director Rhonda Jordan Sells 3,733 Shares of Company Stock

November 7, 2026 by InsiderTrades.com

ESAB Corporation (NYSE:ESAB - Get Free Report) Director Rhonda Jordan sold 3,733 shares of the business's stock in a transaction on Thursday, November 5th. The shares were sold at an average price of $78.86, for a total value of $294,384.38. Following the transaction, the director owned 3,733 shares of the company's stock, valued at approximately $294,384.38. The trade was a 50.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

ESAB Trading Up 5.1%

ESAB stock traded up $4.00 during mid-day trading on Friday, hitting $83.12. The company's stock had a trading volume of 2,554,166 shares, compared to its average volume of 1,236,160. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.22 and a current ratio of 1.96. The company has a 50 day moving average of $69.92 and a 200-day moving average of $92.53. ESAB Corporation has a one year low of $62.74 and a one year high of $137.42. The stock has a market cap of $5.17 billion, a PE ratio of 33.65, a P/E/G ratio of 1.21 and a beta of 1.17.

ESAB (NYSE:ESAB - Get Free Report) last released its earnings results on Wednesday, November 4th. The company reported $1.30 earnings per share for the quarter, missing the consensus estimate of $1.33 by ($0.03). The business had revenue of $824.52 million for the quarter, compared to the consensus estimate of $786.68 million. ESAB had a return on equity of 14.48% and a net margin of 5.75%. The firm's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.32 earnings per share. On average, research analysts anticipate that ESAB Corporation will post 5.36 EPS for the current year.

ESAB Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Friday, October 2nd were issued a dividend of $0.12 per share. The ex-dividend date was Friday, October 2nd. This represents a $0.48 dividend on an annualized basis and a yield of 0.6%. ESAB's dividend payout ratio (DPR) is presently 19.43%.

Key Headlines Impacting ESAB

Here are the key news stories impacting ESAB this week:

Positive Sentiment: UBS maintained its Buy rating and set a $115 price target, which is still above the share price despite being cut from $145. UBS target and rating
Neutral Sentiment: ESAB said it is targeting net leverage in the mid-2s by the end of 2027, a debt-reduction goal that could help address investor concerns about acquisition-related borrowing. 2026 outlook and leverage target
Negative Sentiment: Third-quarter revenue rose 13.3% year over year to $824.5 million and topped estimates, but EPS of $1.30 missed the $1.33 consensus. Reports also cite margin compression and reduced guidance, tempering the revenue growth. Q3 results and outlook
Negative Sentiment: Director Rhonda L. Jordan sold 3,733 shares, cutting her direct holding by 50%. The sale may raise concern, though the transaction alone does not establish the director’s outlook for the company. SEC Form 4 filing

Analysts Set New Price Targets

A number of equities analysts have recently commented on ESAB shares. Oppenheimer reduced their target price on shares of ESAB from $135.00 to $110.00 and set an "outperform" rating on the stock in a research report on Wednesday, October 21st. JPMorgan Chase & Co. lowered their price target on ESAB from $125.00 to $95.00 and set an "overweight" rating for the company in a report on Thursday, October 8th. Weiss Ratings cut ESAB from a "hold (c)" rating to a "hold (c-)" rating in a research note on Tuesday, August 11th. Stifel Nicolaus set a $114.00 price objective on ESAB in a report on Monday, October 19th. Finally, UBS Group decreased their target price on ESAB from $145.00 to $115.00 and set a "buy" rating for the company in a research report on Thursday. Seven research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $118.14.

Check Out Our Latest Report on ESAB

Hedge Funds Weigh In On ESAB

A number of large investors have recently made changes to their positions in ESAB. HB Wealth Management LLC boosted its position in shares of ESAB by 5.0% in the 1st quarter. HB Wealth Management LLC now owns 2,479 shares of the company's stock worth $240,000 after purchasing an additional 118 shares in the last quarter. EverSource Wealth Advisors LLC increased its position in ESAB by 25.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 865 shares of the company's stock valued at $84,000 after buying an additional 176 shares in the last quarter. State of Michigan Retirement System raised its stake in ESAB by 1.5% in the first quarter. State of Michigan Retirement System now owns 13,702 shares of the company's stock valued at $1,324,000 after buying an additional 200 shares during the last quarter. Oregon Public Employees Retirement Fund raised its stake in ESAB by 2.0% in the third quarter. Oregon Public Employees Retirement Fund now owns 12,084 shares of the company's stock valued at $796,000 after buying an additional 240 shares during the last quarter. Finally, Pinnacle Wealth Planning Services Inc. boosted its holdings in ESAB by 86.8% in the third quarter. Pinnacle Wealth Planning Services Inc. now owns 551 shares of the company's stock worth $36,000 after acquiring an additional 256 shares in the last quarter. 91.13% of the stock is owned by institutional investors and hedge funds.

ESAB Company Profile

(Get Free Report)

ESAB Corporation (NYSE: ESAB) is a global provider of welding and cutting technologies. The company develops and supplies equipment, consumables, automation solutions and related products used to join, cut and process metals across industrial and commercial applications.

Its product portfolio includes welding machines, cutting systems, welding electrodes and wires, filler metals, gas-control equipment, plasma and oxyfuel technologies, and digital or automated solutions. ESAB also offers products and services designed to support fabrication, manufacturing, construction, transportation, energy and maintenance operations.

ESAB serves customers in the Americas, Europe, the Middle East, Africa and the Asia-Pacific region through a portfolio of established brands and distribution channels.