ESAB Corporation, known as ESAB, is a globally recognized leader in the manufacturing of welding and cutting equipment and consumables. The company’s history dates back to 1904 when Oscar Kjellberg, a Swedish engineer, invented the coated electrode. This breakthrough paved the way for the creation of a company that would later take the world of welding and cutting technology by storm.
ESAB operates under the umbrella of Colfax Corporation, a diversified global manufacturing and engineering company. ESAB’s operations span across several continents with a strong presence in countries such as the United States, Canada, Mexico, Brazil, Germany, the United Kingdom, China, India, and Australia.
The company offers an extensive product line and solutions for different sectors ranging from construction, automobile, shipbuilding, to pipeline, power generation, and repair and maintenance. Whether it be manual welding or cutting equipment, mechanized cutting systems, filler metals, or protection equipment, ESAB’s innovative and high-quality products cater to a wide array of welding and cutting needs.
ESAB is committed to continuous innovation in technology and solutions to make the jobs of welders and cutters more efficient, safer, and arduous. Their commitment to research and development has resulted in the launch of several pioneering products. Their leading-edge technologies have not only revolutionized the sector but have also brought major advancements in environmental responsibility. As an environmentally conscious company, ESAB ensures products and processes meet strict environmental standards and policies to reduce its environmental impact.
Apart from providing top-notch products, ESAB also provides a wealth of knowledge and training resources for end-users and professionals in the welding and cutting industry. Their commitment to customer service is evident through its highly skilled team of technicians and sales representatives who ensure optimal post-sales service.
Through a strategic acquisition strategy, ESAB has expanded its footprint and diversified its product line to better serve its customers. This includes the acquisition of brands such as Thermal Dynamics, Tweco, Stoody, and Victor Technologies, amongst others.
In conclusion, ESAB’s more than a century-long legacy and its relentless pursuit of innovation have made it a trusted partner for consumers seeking solutions for welding and cutting. Despite its global success, ESAB remains committed to its mission to serve customers with products and services that increase their productivity, enhance their profitability, and ensure their safety.
Income statement
Balance sheet statement
Cash flow statement
Current assets / Current liabilities
Equity / Debt / Cash
Dividends
BofA Securities has lowered its price target for ESAB Corporation (ESAB) shares to $122 from the previous target of $142. The article, published on September 24, 2026, at 08:51 am EDT, notes this change in analyst recommendation. ESAB Corporation is an industrial compounder specializing in fabrication technology, advanced equipment, consumables, and digital solutions, operating in Americas and EMEA & APAC segments.
Bank of America Corp DE recently acquired 232,568 shares of ESAB Corporation (NYSE:ESAB) valued at approximately $22.9 million, giving it a 0.37% stake. Institutional investors collectively own a significant 91.13% of the company, which maintains a "Moderate Buy" consensus rating from analysts with an average price target of $135.57. Despite narrowly missing quarterly earnings estimates, ESAB reported strong revenue growth and declared a quarterly dividend.
ESAB Corp (ESAB) saw its stock rise by 3.2%, yet it remains undervalued according to the GF Value™ of $117.07 against its current price of $67.01, indicating a significant margin of safety. The company holds a GF Score™ of 77/100, driven by strong profitability and growth, but faces a "possible value trap" label due to weaker valuation and momentum ranks. Insider selling activity, despite guru accumulation, presents a complex picture for investors.
The California State Teachers Retirement System reduced its stake in ESAB Corporation by 5.9% in the second quarter, now holding 63,366 shares valued at approximately $6.25 million. Despite this, institutional investors and hedge funds own a significant 91.13% of the company. Analysts maintain a "Moderate Buy" consensus rating with an average price target of $135.57 for ESAB, which recently reported strong revenue growth but missed earnings estimates and declared a quarterly dividend.
ESAB Corp's stock has fallen 4.9%, contributing to a 37.9% year-to-date drop, yet GuruFocus assesses it as 40.7% undervalued with an Above Average GF Score of 77/100. While guru investors are adding to their positions, insider selling of $8.9 million without any buying activity suggests caution is warranted. Investors should carefully consider the potential for a value trap despite the undervaluation and solid profitability.
ESAB Corporation (NYSE:ESAB), an industrial company specializing in welding, cutting, automation, robotics, and specialty gas control technologies, is part of the Russell 1000 index. The company's products support various industries globally, including construction, automotive, and energy. ESAB is further expanding its business through the proposed acquisition of Eddyfi Technologies, which focuses on advanced inspection and monitoring.