ESAB (ESAB)

• Market cap: $8.03B
• 1 day: 1.63%
• 5 days: 0.72%
• 1 month: 9.89%
• 3 months: 10.28%
• 6 months: 6.62%
• Year to date: 11.95%
• 1 year: 32.25%
• 5 years: 164.94%
• 10 years: 164.94%
• Sector: Industrials
• Industry: Metal Fabrication

About: ESAB, spun off from Colfax in 2022, is a leading manufacturer of equipment and consumables used in welding, cutting, and joining applications. Alongside competitors Lincoln Electric and ITW's Miller brand, ESAB is one of the top three players in the welding space. ESAB generated roughly $2.7 billion in revenue in 2024.

Employees: 9,300

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

165% more call options, than puts

Call options by funds: $1.85M | Put options by funds: $698K

66% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 32

50% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2024] → 3 (+1) [Q1 2025]

6% more funds holding

Funds holding: 314 [Q4 2024] → 333 (+19) [Q1 2025]

1.2% more ownership

Funds ownership: 93.9% [Q4 2024] → 95.1% (+1.2%) [Q1 2025]

1% more repeat investments, than reductions

Existing positions increased: 112 | Existing positions reduced: 111

1% less capital invested

Capital invested by funds: $6.81B [Q4 2024] → $6.71B (-$100M) [Q1 2025]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $125 6% downside
• Avg. target: $133 0% upside
• High target: $141 6% upside

2 analyst ratings

• positive: 0 0%
• neutral: 2 100%
• negative: 0 0%

Stifel Nathan Jones	6% upside $141	Hold Maintained	21 Jul 2025
Evercore ISI Group David Raso	6% downside $125	In-Line Maintained	19 May 2025