Arlington Capital Management Inc. Acquires Shares of 18,538 Enersys $ENS

Key Points

• Arlington Capital Management acquired 18,538 Enersys shares worth approximately $4.34 million, making the stock 2.6% of its portfolio. Institutional investors collectively own 94.93% of Enersys.
• Enersys reported quarterly earnings of $3.66 per share, beating estimates by $0.83, while revenue rose 4.8% year over year to $935.64 million.
• The company increased its quarterly dividend to $0.2875, or $1.15 annually, producing a 0.6% yield. Analysts maintain a consensus “Buy” rating with an average price target of $265.

Arlington Capital Management Inc. purchased a new stake in Enersys (NYSE:ENS - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 18,538 shares of the industrial products company's stock, valued at approximately $4,335,000. Enersys comprises 2.6% of Arlington Capital Management Inc.'s holdings, making the stock its 11th largest position. Arlington Capital Management Inc. owned approximately 0.05% of Enersys as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. United Services Automobile Association bought a new position in shares of Enersys during the first quarter worth approximately $240,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Enersys by 9.4% in the 1st 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 during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in Enersys in the second quarter valued at about $4,623,000. EverSource Wealth Advisors LLC boosted its position in Enersys by 626.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 552 shares of the industrial products company's stock worth $47,000 after buying an additional 476 shares during the period. Finally, Cerity Partners LLC acquired a new position in shares of Enersys during the second quarter worth $460,000. 94.93% of the stock is currently owned by institutional investors.

Enersys Stock Performance

NYSE:ENS opened at $179.10 on Thursday. The company has a market capitalization of $6.46 billion, a P/E ratio of 19.18, a P/E/G ratio of 0.90 and a beta of 1.21. The business has a fifty day simple moving average of $192.55 and a two-hundred day simple moving average of $198.54. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.80 and a quick ratio of 1.83. Enersys has a 1 year low of $103.79 and a 1 year high of $244.30.

Enersys (NYSE:ENS - Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share for the quarter, topping the consensus estimate of $2.83 by $0.83. Enersys had a return on equity of 24.02% and a net margin of 9.29%.The company had revenue of $935.64 million during the quarter, compared to the consensus estimate of $928.01 million. During the same quarter in the prior year, the company earned $2.08 EPS. The firm's quarterly revenue was up 4.8% compared to the same quarter last year. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. On average, analysts expect that Enersys will post 13.41 earnings per share for the current year.

Enersys Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 18th will be paid a $0.2875 dividend. The ex-dividend date is Friday, September 18th. This represents a $1.15 annualized dividend and a yield of 0.6%. This is an increase from Enersys's previous quarterly dividend of $0.26. Enersys's dividend payout ratio is 11.24%.

Analyst Upgrades and Downgrades

ENS has been the topic of a number of recent analyst reports. Zacks Research raised Enersys from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 18th. BTIG Research reaffirmed a "buy" rating and issued a $280.00 target price on shares of Enersys in a research report on Thursday, August 13th. Weiss Ratings downgraded shares of Enersys from a "buy (b)" rating to a "buy (b-)" rating in a report on Friday, June 26th. Roth Capital reissued a "buy" rating and issued a $265.00 price objective on shares of Enersys in a research note on Friday, May 22nd. Finally, Oppenheimer reissued an "outperform" rating on shares of Enersys in a research report on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target 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.

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