EP Wealth Advisors LLC Acquires New Stake in Enersys $ENS

EP Wealth Advisors LLC acquired a new stake in shares of Enersys (NYSE:ENS) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 3,099 shares of the industrial products company’s stock, valued at approximately $725,000.

Other hedge funds have also added to or reduced their stakes in the company. CIBC Private Wealth Group LLC boosted its stake in Enersys by 116.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 98 shares in the last quarter. Allworth Financial LP increased its stake in Enersys by 442.2% during the 3rd quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 199 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in Enersys during the 4th quarter valued at about $30,000. SBI Securities Co. Ltd. raised its holdings in Enersys by 239.7% in the fourth quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock worth $31,000 after buying an additional 151 shares during the last quarter. Finally, Global Retirement Partners LLC purchased a new position in Enersys in the second quarter worth about $34,000. 94.93% of the stock is owned by institutional investors.

Enersys Trading Down 1.3%

NYSE:ENS opened at $187.36 on Tuesday. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.80 and a quick ratio of 1.83. The firm has a market capitalization of $6.76 billion, a price-to-earnings ratio of 20.06, a price-to-earnings-growth ratio of 0.94 and a beta of 1.19. Enersys has a one year low of $98.46 and a one year high of $244.30. The business has a fifty day moving average price of $202.51 and a 200-day moving average price of $197.85.

Enersys (NYSE:ENS) last released its earnings results on Wednesday, August 12th. The industrial products company reported $3.66 EPS for the quarter, topping analysts’ consensus estimates of $2.83 by $0.83. The company had revenue of $935.64 million for the quarter, compared to analysts’ expectations of $928.01 million. Enersys had a net margin of 9.29% and a return on equity of 24.02%. The firm’s revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the business earned $2.08 EPS. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Sell-side analysts forecast that Enersys will post 13.41 EPS for the current year.

Enersys Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 18th will be issued a dividend of $0.2875 per share. This is a boost from Enersys’s previous quarterly dividend of $0.26. This represents a $1.15 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Friday, September 18th. Enersys’s payout ratio is 12.31%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on ENS. Oppenheimer reiterated an “outperform” rating on shares of Enersys in a report on Friday, August 14th. Wall Street Zen raised Enersys from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. TD Cowen increased their target price on Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. BTIG Research reissued a “buy” rating and issued a $280.00 target price on shares of Enersys in a report on Thursday, August 13th. Finally, Zacks Research upgraded Enersys from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 18th. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $265.00.

About Enersys

Enersys, headquartered in Reading, Pennsylvania, is a global leader in stored energy solutions, specializing in manufacturing and distributing industrial batteries, battery chargers, power equipment, and related accessories. The company serves a diverse range of end markets, including telecommunications, data centers, medical, aerospace, defense, electric vehicle motive power, and utility outcomes. Its products are engineered to deliver critical reserve power and motive power applications across key infrastructure and industrial sectors.

The company’s product portfolio encompasses lead-acid batteries, lithium-ion energy storage systems, chargers, inverters, power management software, and a broad array of battery accessories.