What smart money is saying about ESAB Corp.
4 funds in our archive have pitched ESAB Corp., most recently Cooke & Bieler Concentrated Value Equity Strategy in September 2026.
ESAB Corporation specializes in the creation, production, and distribution of industrial consumables and advanced equipment for cutting, joining, and automated welding processes, in addition to gas control systems. Their extensive catalog features welding consumables like electrodes, cored and solid wires, and fluxes, crafted from various specialty materials. They also supply cutting consumables such as electrodes, nozzles, shields, and tips. ESAB's fabrication technology portfolio encompasses everything from compact, portable welding machines to complex, custom-engineered automated cutting and welding solutions. Furthermore, the company provides innovative digital software and solutions aimed at enhancing customer productivity, facilitating remote oversight of welding operations, and streamlining documentation. Marketed under the ESAB brand, these offerings cater to a wide array of sectors, including general manufacturing, construction, infrastructure development, transportation, conventional and renewable energy, and even the medical and life sciences industries. Distribution occurs via a network of independent partners and a dedicated direct sales team. Founded in 2021, ESAB Corporation maintains its headquarters in Wilmington, Delaware.
Get an email when a fund buys, sells or pitches it
Fund signal · last 12 months
8 lettersToo few moves on ESAB Corp. yet for a clear signal
Moves described in fund letters in our archive. A sentence published word for word by several funds of one house in the same quarter counts once.
Position history
Between Q4 2024 and Q3 2026, 8 fund letters reported a position in ESAB Corp., with 3 buys (opened or added) and 1 sell (trimmed or exited).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 7 | 2 | 1 | 2 |
| Q2 2026 | 1 | 1 | 0 | 1 |
| Q4 2024 | 0 | 0 | 0 | 1 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 8 positions · 4 moves
- September 2026
“Initiations ESAB Corp. (ESAB) is a global fabrication technology leader in welding consumables, welding equipment, and gas control solutions.”
ESAB Corp. - New positionDiamond Hill Mid Cap FundSeptember 2026
“• We initiated a position in ESAB, a leading provider of welding equipment and related products, given the company’s ongoing transformation focused on improving its core business and expanding into higher-growth, higher-margin markets.”
ESAB Corp. - September 2026
“ESAB Corp. (ESAB), a global fabrication technology leader in welding consumables, welding equipment, and gas control solutions, was the largest detractor.”
ESAB Corp. - September 2026
“Largest Detractors ESAB Corp. (ESAB), a global fabrication technology leader in welding consumables, welding equipment, and gas control solutions, was the largest detractor.”
ESAB Corp. - September 2026
“ESAB Corp. (ESAB), a global fabrication technology leader in welding consumables, welding equipment, and gas control solutions, was the second-largest detractor.”
ESAB Corp. - September 2026
“Conversely, Industrials and Consumer Discretionary holdings, especially those with construction and housing exposure such as ESAB and Dream Finders Homes, weighed on relative performance.”
ESAB Corp. - September 2026
“ESAB Corp., a global supplier of welding and cutting equipment and consumables, declined following its second-quarter report. The stock fell even as the company posted record sales, returned to organic growth, and raised its adjusted EBITDA outlook. Nonetheless, management lowered its full-year earnings outlook to reflect financing costs tied to its acquisition of Eddyfi, an inspection technology business, and cited cost inflation and a challenging environment in the Middle East. The shares remained under pressure amid broad weakness in industrial stocks and an escalating tariff dispute between the U.S. and Canada. We believe the Eddyfi acquisition advances ESAB’s strategy of shifting its portfolio toward higher-margin, less cyclical businesses, and that its disciplined operating system remains a source of improvement. We continue to own the shares while monitoring organic growth trends and the company’s progress in reducing debt.”
ESAB Corp. - New positionCooke & Bieler All Cap Value EquityJune 2026
“ESAB Corp. (ESAB) is a global fabrication technology leader in welding consumables, welding equipment, and gas control solutions. Since its 2022 spin- o from Colfax, ESAB has become a more focused industrial compounder, reinvesting free cash ow into innovation, commercial execution, and adjacent acquisitions.”
ESAB Corp.
Fund coverage · 4 theses
- Cooke & Bieler Concentrated Value Equity StrategySeptember 2026
ESAB Corp. is a focused welding and gas control equipment leader with international dominance, North American share gain potential, and attractive long-term compounding.
Read the full thesis - Cooke & Bieler Mid Cap Value Equity StrategySeptember 2026
ESAB Corp. offers long-term growth and margin support from the Eddy acquisition despite near-term margin pressure.
Read the full thesis - Cooke & Bieler All Cap Value EquityJune 2026
ESAB Corp. is a focused industrial compounder with international leadership, North American share gains, and margin-driven compounding potential.
Read the full thesis - Royce InvestDecember 2024
ESAB Corporation is a global leader in welding technology experiencing strong growth and transformation in a favorable market.
Read the full thesis
Read every full thesis on ESAB Corp.
Read all 4 theses in full, with each fund's reasoning, and get unlimited access to the archive.
View plans→