5,819 Shares in Enersys $ENS Acquired by NewEdge Advisors LLC

NewEdge Advisors LLC purchased a new stake in Enersys (NYSE:ENS) in the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 5,819 shares of the industrial products company’s stock, valued at approximately $1,011,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. United Services Automobile Association bought a new position in Enersys during the 1st quarter worth $240,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Enersys by 9.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 113,770 shares of the industrial products company’s stock valued at $10,419,000 after acquiring an additional 9,737 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Enersys in the second quarter valued at about $4,623,000. EverSource Wealth Advisors LLC increased its position in Enersys by 626.3% during the second quarter. EverSource Wealth Advisors LLC now owns 552 shares of the industrial products company’s stock worth $47,000 after acquiring an additional 476 shares during the period. Finally, Cerity Partners LLC bought a new position in Enersys during the second quarter worth about $460,000. 94.93% of the stock is owned by institutional investors and hedge funds.

Enersys Trading Down 0.8%

ENS opened at $200.75 on Wednesday. The stock has a market capitalization of $7.32 billion, a price-to-earnings ratio of 21.49, a P/E/G ratio of 1.10 and a beta of 1.19. The company has a quick ratio of 1.83, a current ratio of 2.80 and a debt-to-equity ratio of 0.51. Enersys has a twelve month low of $97.03 and a twelve month high of $244.30. The company has a 50-day simple moving average of $205.27 and a 200 day simple moving average of $197.71.

Enersys (NYSE:ENS) last released its earnings results on Wednesday, August 12th. The industrial products company reported $3.66 EPS for the quarter, beating the consensus estimate of $2.83 by $0.83. The firm had revenue of $935.64 million for the quarter, compared to analyst estimates of $928.01 million. Enersys had a net margin of 9.29% and a return on equity of 24.02%. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period last year, the firm earned $2.08 EPS. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Analysts predict that Enersys will post 13 EPS for the current fiscal year.

Enersys Increases Dividend

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

Wall Street Analyst Weigh In

A number of research firms have issued reports on ENS. Weiss Ratings downgraded shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, June 26th. Wall Street Zen upgraded shares of Enersys from a “buy” rating to a “strong-buy” rating in a research report on Saturday. BTIG Research reiterated a “buy” rating and issued a $280.00 price target on shares of Enersys in a research note on Thursday, August 13th. TD Cowen increased their price target on Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Finally, Roth Capital restated a “buy” rating and set a $265.00 price objective on shares of Enersys in a research note on Friday, May 22nd. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $265.00.

Enersys Profile

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.