ESAB CORPORATION ESAB
COM · Common Stock · CUSIP 29605J106 · ISIN US29605J1060
- SectorIndustrials
- IndustryGeneral Industrial Machinery & Equipment, NEC
- HeadquartersNorth Bethesda, MD
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($3.7m this quarter). Holder counts are more reliable. Shares outstanding: 60.7m as of 2025-07-30, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $120.58. Options: 4 managers hold calls ($1.3m notional), 2 hold puts ($494.3k).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 228 |
| Q4 2022 | 240 |
| Q1 2023 | 240 |
| Q2 2023 | 265 |
| Q3 2023 | 268 |
| Q4 2023 | 301 |
| Q1 2024 | 322 |
| Q2 2024 | 314 |
| Q3 2024 | 298 |
| Q4 2024 | 317 |
| Q1 2025 | 338 |
| Q2 2025 | 372 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 128 | 111 |
| Q4 2023 | 148 | 121 |
| Q1 2024 | 140 | 161 |
| Q2 2024 | 142 | 162 |
| Q3 2024 | 124 | 172 |
| Q4 2024 | 139 | 146 |
| Q1 2025 | 158 | 142 |
| Q2 2025 | 203 | 129 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $6.1m | $1.4m | 0.22 |
| Q4 2024 | $6.7m | $1.2m | 0.18 |
| Q1 2025 | $1.9m | $698.0k | 0.38 |
| Q2 2025 | $1.3m | $494.3k | 0.38 |
Biggest buyers
| Durable Capital Partners LP | Added | +406.1k |
| Van Berkom & Associates Inc. | Added | +224.9k |
| FIL Ltd | Added | +148.9k |
| ROYAL BANK OF CANADA | Added | +136.5k |
| FIRST TRUST ADVISORS LP | Added | +127.9k |
| Champlain Investment Partners, LLC | Added | +114.7k |
| TEACHER RETIREMENT SYSTEM OF TEXAS | Added | +113.6k |
| D. E. Shaw & Co., Inc. | Added | +76.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +64.8k |
| JANE STREET GROUP, LLC | Added | +60.4k |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -853.0k |
| FMR LLC | Reduced | -372.6k |
| Interval Partners, LP | Reduced | -187.6k |
| COOKE & BIELER LP | Reduced | -166.1k |
| Bank of New York Mellon Corp | Reduced | -162.0k |
| JPMORGAN CHASE & CO | Reduced | -120.3k |
| T. Rowe Price Investment Management, Inc. | Reduced | -93.6k |
| UBS Group AG | Reduced | -90.3k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -78.8k |
| Diamond Hill Capital Management, LLC (Investment Advisor) | Reduced | -77.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.0m8.5k shares |
| CITADEL ADVISORS LLC | Reduced | $241.1k2.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $24.0k200 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $494.3k4.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| PRICE T ROWE ASSOCIATES INC /MD/ 13G · institution +2.4 pts · filed 2026-08-14 | 13.3% |
RALES MITCHELL P
13D · may seek influence
+1.2 pts · filed 2026-06-02
Stated purposePreferred Stock Purchase Agreement As disclosed in the Company's Current Report on Form 8-K filed on June 2, 2026, on June 1, 2026, in connection with the closing of the Acquisition of Eddyfi Holding Inc., the Company completed the private placement of 175,000 shares of its 6.50% Series A Mandatory Convertible Preferred Stock, par value $0.001 per share ("Mandatory Convertible Preferred Stock"), pursuant to that certain Preferred Stock Purchase Agreement dated February 2, 2026 (the "Preferred Stock Purchase Agreement") between the Company and certain institutional investors thereto, including the Reporting Person. MA Long Term Investors, L.P. (the "Family Partnership"), a family partnership affiliated with the Reporting Person, purchased 100,000 shares of Mandatory Convertible Preferred … Full filing |
7.1% |
| T. Rowe Price Investment Management, Inc. 13G · institution -7.0 pts · filed 2026-10-07 | 6.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-07-31 | 5.0% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 2 | $115.9k | $115.9k |
| Q4 2023 | 0 | — | 4 | $1.2m | $626.9k |
| Q1 2024 | 0 | — | 4 | $1.9m | $1.5m |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 3 | $8.4m | $7.9m |
| Q1 2025 | 0 | — | 2 | $461.4k | — |
| Q2 2025 | 0 | — | 2 | $375.5k | $185.8k |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-11 | Jordan Rhonda L Director | Sold | $189.6k1.5k shares |
| 2025-05-12 | Biebuyck Olivier President, Fab Tech | Sold plan | $185.8k1.4k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| T. Rowe Price Investment Management, Inc. 0.60% of their portfolio | 7.9m $954.9m | Reduced -93.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.09% of their portfolio | 6.6m $801.0m | Reduced -853.0k |
| VANGUARD GROUP INC 0.01% of their portfolio | 5.5m $664.8m | Added +1.4k |
| BlackRock, Inc. 0.01% of their portfolio | 5.1m $613.9m | Reduced -3.5k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 2.3m $273.3m | Reduced -120.3k |
| Invesco Ltd. 0.04% of their portfolio | 2.1m $256.0m | Added +33.0k |
| Champlain Investment Partners, LLC 1.72% of their portfolio | 2.0m $246.4m | Added +114.7k |
| NEUBERGER BERMAN GROUP LLC 0.17% of their portfolio | 1.8m $217.3m | Reduced -44.7k |
| STATE STREET CORP 0.01% of their portfolio | 1.7m $208.5m | Reduced -39.7k |
| FMR LLC 0.01% of their portfolio | 1.4m $172.0m | Reduced -372.6k |
| Durable Capital Partners LP 1.26% of their portfolio | 1.4m $167.0m | Added +406.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.3m $153.4m | Added +12.7k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.1m $136.8m | Reduced -78.8k |
| DAVENPORT & Co LLC 0.61% of their portfolio | 916.2k $110.6m | Added +3.5k |
| TimesSquare Capital Management, LLC 1.30% of their portfolio | 747.0k $90.1m | Reduced -42.4k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 718.7k $86.6m | Reduced -162.0k |
| NORGES BANK 0.01% of their portfolio | 695.3k $83.8m | Added +18.3k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 625.4k $75.4m | Reduced -38.0k |
| ROYCE & ASSOCIATES LP 0.76% of their portfolio | 615.5k $74.2m | Added +646 |
| COOKE & BIELER LP 0.73% of their portfolio | 606.4k $73.1m | Reduced -166.1k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 573.3k $69.1m | Reduced -77.0k |
| Van Berkom & Associates Inc. 2.00% of their portfolio | 556.9k $67.1m | Added +224.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 516.6k $62.3m | Reduced -28.3k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 506.0k $61.0m | Added +47.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 491.6k $59.3m | Reduced -10.8k |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 483.3k $58.3m | Added +49.1k |
| TD Asset Management Inc 0.05% of their portfolio | 453.8k $54.7m | Reduced -4.5k |
| Allspring Global Investments Holdings, LLC 0.08% of their portfolio | 362.4k $45.0m | Reduced -39.4k |
| MORGAN STANLEY 0.00% of their portfolio | 333.6k $40.2m | Reduced -7.7k |
| FIL Ltd 0.03% of their portfolio | 319.1k $38.5m | Added +148.9k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 268.2k $32.3m | Added +127.9k |
| Driehaus Capital Management LLC 0.25% of their portfolio | 263.4k $31.8m | Reduced -49.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 235.9k $28.4m | Reduced -11.7k |
| SEI INVESTMENTS CO 0.03% of their portfolio | 216.1k $26.0m | Added +20.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 215.0k $25.9m | Added +64.8k |
| LOOMIS SAYLES & CO L P 0.03% of their portfolio | 195.9k $23.6m | Reduced -17.1k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 188.4k $22.7m | Added +136.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 184.3k $22.2m | Reduced -10.7k |
| Nuveen, LLC 0.01% of their portfolio | 177.5k $21.4m | Reduced -32.8k |
| UBS Group AG 0.00% of their portfolio | 162.8k $19.6m | Reduced -90.3k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.09% of their portfolio | 155.8k $18.8m | Reduced -77.5k |
| Front Street Capital Management, Inc. 3.58% of their portfolio | 155.2k $18.7m | Reduced -7.3k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.08% of their portfolio | 153.9k $18.6m | Added +113.6k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 148.7k $17.9m | Added +778 |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 135.6k $16.3m | Reduced -2.5k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.38% of their portfolio | 131.1k $15.8m | Added +19.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 119.4k $14.4m | Added +11.8k |
| Granite Investment Partners, LLC 0.67% of their portfolio | 113.4k $13.7m | Reduced -44.5k |
| Mitsubishi UFJ Trust & Banking Corp 0.03% of their portfolio | 112.0k $13.5m | Added +4.4k |
| Swiss National Bank 0.01% of their portfolio | 110.0k $13.3m | Reduced -1.3k |
| Fenimore Asset Management Inc 0.26% of their portfolio | 106.4k $12.8m | Added +31 |
| Schonfeld Strategic Advisors LLC 0.10% of their portfolio | 104.7k $12.6m | Reduced -54.1k |
| Retirement Systems of Alabama 0.05% of their portfolio | 104.5k $12.6m | Added +35.4k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 95.8k $11.5m | Reduced -7.1k |
| Legal & General Group Plc 0.00% of their portfolio | 94.2k $11.4m | Added +4.5k |
| California Public Employees Retirement System 0.01% of their portfolio | 92.9k $11.2m | Added +24 |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 86.6k $10.4m | Added +49.6k |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 84.4k $10.2m | Added +60.4k |
| Verition Fund Management LLC 0.06% of their portfolio | 83.8k $10.1m | Added +21.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 82.3k $9.9m | Added +15.5k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 80.2k $9.7m | Added +76.5k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 76.9k $9.3m | Added +171 |
| Interval Partners, LP 0.21% of their portfolio | 76.5k $9.2m | Reduced -187.6k |
| LPL Financial LLC 0.00% of their portfolio | 68.9k $8.3m | Added +7.5k |
| KING LUTHER CAPITAL MANAGEMENT CORP 0.04% of their portfolio | 67.5k $8.1m | Reduced -149 |
| STRS OHIO 0.03% of their portfolio | 67.0k $8.1m | Added +5.9k |
| Treasurer of the State of North Carolina 0.03% of their portfolio | 65.2k $7.9m | Added +25.7k |
| Homestead Advisers Corp 0.17% of their portfolio | 59.8k $7.2m | Unchanged |
| Edgestream Partners, L.P. 0.20% of their portfolio | 58.7k $7.1m | Added +40.4k |
| Cubist Systematic Strategies, LLC 0.08% of their portfolio | 58.2k $7.0m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 54.9k $6.6m | Unchanged |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 50.3k $6.1m | New |
| TUDOR INVESTMENT CORP ET AL 0.04% of their portfolio | 48.7k $5.9m | New |
| Trexquant Investment LP 0.06% of their portfolio | 47.4k $5.7m | Added +24.7k |
| Dorsey Wright & Associates 1.34% of their portfolio | 46.7k $5.6m | Added +636 |
| Hudson Value Partners, LLC 1.90% of their portfolio | 45.7k $5.5m | Added +1.0k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.01% of their portfolio | 45.3k $5.5m | Reduced -11.4k |
| STEPHENS INC /AR/ 0.07% of their portfolio | 44.2k $5.3m | Reduced -173 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.14% of their portfolio | 42.3k $5.1m | Reduced -16.6k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 42.0k $5.1m | Reduced -6.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 42.0k $5.1m | Added +340 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 41.7k $5.0m | Added +32.5k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 41.2k $5.0m | Reduced -2.0k |
| Daiwa Securities Group Inc. 0.02% of their portfolio | 39.7k $4.8m | Added +17.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 39.7k $4.8m | Reduced -5.7k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 39.7k $4.8m | Reduced -25.6k |
| CITIGROUP INC 0.00% of their portfolio | 37.7k $4.5m | Added +26.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 35.4k $4.3m | New |
| State of Alaska, Department of Revenue 0.04% of their portfolio | 34.4k $4.1m | Reduced -260 |
| Lafayette Investments, Inc. 0.83% of their portfolio | 34.3k $4.1m | Reduced -238 |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 33.9k $4.2m | Added +17.7k |
| Defender Capital, LLC. 1.26% of their portfolio | 30.7k $3.7m | Added +2.9k |
| MetLife Investment Management, LLC 0.02% of their portfolio | 30.7k $3.7m | Reduced -862 |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 30.2k $3.6m | New |
| SG Americas Securities, LLC 0.02% of their portfolio | 30.0k $3.6m | Added +5.0k |
| Gotham Asset Management, LLC 0.02% of their portfolio | 29.7k $3.6m | Added +14.0k |
| TWINBEECH CAPITAL LP 0.08% of their portfolio | 28.6k $3.4m | Added +20.2k |
| MUTUAL OF AMERICA CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 28.3k $3.4m | Reduced -906 |
| GABELLI FUNDS LLC 0.02% of their portfolio | 28.2k $3.4m | Added +24.2k |
| Rheos Capital Works Inc. 0.19% of their portfolio | 28.0k $3.4m | Unchanged |