T. Rowe Price Investment Management, Inc., a registered investment adviser, initiated a new position in ESAB Corporation (NYSE:ESAB) during Q4 2025, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor purchased 8,006,238 shares of the Industrials company, valued at approximately $894.5M as of the filing date.
ESAB Corporation's stock currently trades at $124.33 with a market capitalization of $7.0B.