ESAB (ESAB)
Fabrication and gas-control systems for industrial workflows.
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Fabrication consumables and equipment for welding, cutting, joining, and automated workflows sit alongside gas-control systems. Geographic reporting spans the Americas and EMEA & APAC, with acquisitions extending the portfolio into inspection and monitoring.
Fabrication Technology supplies consumables and equipment for cutting, joining, welding, robotics, automation, and digital workflows. Gas Control provides pressure- and flow-control equipment for industrial, medical, life-sciences, and specialty-gas applications.
Operations are reported through the Americas and EMEA & APAC, while products are sold to customers worldwide. Acquisitions have expanded the offering into advanced inspection and monitoring, alongside fabrication and gas-control capabilities.
ESAB Business Excellence combines lean problem-solving, repeatable improvement processes, collaboration, and voice-of-customer research. The business depends on global industrial demand, supply chains, customer creditworthiness, trade policy, foreign exchange, commodity prices, and geopolitical conditions.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 15, 2026 | Roth Capital | Reiterate | Rating: —Target: $151 | Target: $133 |
| Jul 20, 2026 | Stifel Nicolaus | Target | Target: $141 | Target: $137 |
| Jul 7, 2026 | Roth Capital | Reiterate | Rating: —Target: $142 | Target: $151 |
| Jun 15, 2026 | D.A. Davidson | Target | Target: — | Target: $130 |
| May 8, 2026 | Stifel Nicolaus | Target | Target: $158 | Target: $141 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jul 3, 2026Cash & short-term investments $217.5M · Total debt $2.42B · Total assets $6.56B · Shareholders' equity $2.54B
- Revenue
- $807.6M
- Operating income
- $78.7M
- Net income
- $32.4M
HistoryDividendAnnual yieldUpcoming
| Institutions | 105.51% | 65.59M shares | |
|---|---|---|---|
| 358 holders · as of Jun 30, 2026 | |||
| Insiders | 7.56% | 4.70M shares | |
| 15 holders · as of Jul 2, 2026 | |||
| Strategic holders | 7.11% | 4.42M shares | |
| 1 holder · as of Feb 3, 2023 | |||
| Adds to | 120.18% | ||
62.17M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 120.18%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Price T Rowe Associates Inc /MD/Institution | 13.07% | 8.13M | as of Jun 30, 2026 |
T. Rowe Price Investment Management, Inc.Institution | 12.26% | 7.62M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 8.55% | 5.32M | as of Jun 30, 2026 |
Mitchell P. Rales1Insiderdirector, officer: Executive Chair of Board | 7.15% | 4.44M | filed Jul 2, 2026 |
BlackRock, Inc.Strategic | 7.11% | 4.42M | filed Feb 3, 2023 |
- Mitchell P. Rales's transaction reports restate only vehicles that traded; the 2026 ownership statement (4.44M) plus the 596 net shares acquired since is used instead.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 7, 2026 | Rhonda L. Jordan | director | −1,000 | $95.00 |
| Feb 27, 2026 | Michele Campion | officer: Chief Human Resources Officer | −5,096 | $122.63 |
| Feb 23, 2026 | Shyam Kambeyanda | director, officer: President and CEO | −59,404 | $123.79 |
| Feb 6, 2026 | Kevin J. Johnson | officer: Chief Financial Officer | −3,494 | $134.62 |
| Nov 11, 2025 | Rajiv Vinnakota | director | −2,783 | $114.50 |
- Lincoln Electric
Broad overlap in welding, cutting, automation and gas regulators
- Illinois Tool Works
ITW Welding brands overlap in equipment and filler metals
- Vanguard Mid-Cap Value ETF
Specialty welding consumables and premium wire overlap
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| ESAB | $68.19 | +1.75% | $4.08B | 24.5 | 11.5 | 1.4 | +12.9% |
| Lincoln Electric | $263.35 | +1.95% | $14.08B | 25.8 | 22.1 | 3.1 | +12.0% |
| Illinois Tool Works | $269.28 | +0.66% | $76.97B | 24.3 | 22.9 | 4.7 | +6.1% |
| Vanguard Mid-Cap Value ETF | $202.07 | −0.00% | $36.75B | — | — | — | — |
| Median | 25.0 | 22.5 | 3.9 | +9.1% |