NewEdge Advisors LLC Makes New $1.01 Million Investment in Enersys $ENS

Key Points

• NewEdge Advisors acquired 5,819 Enersys shares worth approximately $1.01 million in the first quarter. Institutional investors collectively own 94.93% of the company.
• Enersys reported quarterly earnings of $3.66 per share, beating estimates of $2.83, while revenue rose 4.8% year over year to $935.64 million.
• The company raised its quarterly dividend to $0.2875 per share, and analysts maintain a broadly positive view with a “Moderate Buy” consensus and an average price target of $265.

NewEdge Advisors LLC acquired a new position in shares of Enersys (NYSE:ENS - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,819 shares of the industrial products company's stock, valued at approximately $1,011,000.

Other hedge funds also recently modified their holdings of the company. Optiver Holding B.V. increased its position in shares of Enersys by 138.2% in the first quarter. Optiver Holding B.V. now owns 493 shares of the industrial products company's stock valued at $86,000 after acquiring an additional 286 shares during the last quarter. Caerus Investment Advisors LLC acquired a new position in Enersys during the first quarter valued at approximately $222,000. Bank of America Corp DE grew its stake in Enersys by 6.8% in the first quarter. Bank of America Corp DE now owns 459,504 shares of the industrial products company's stock valued at $79,825,000 after purchasing an additional 29,364 shares in the last quarter. Edgestream Partners L.P. grew its stake in Enersys by 276.9% in the first quarter. Edgestream Partners L.P. now owns 15,534 shares of the industrial products company's stock valued at $2,699,000 after purchasing an additional 11,413 shares in the last quarter. Finally, Janus Henderson Group PLC increased its position in shares of Enersys by 6.5% during the 1st quarter. Janus Henderson Group PLC now owns 80,217 shares of the industrial products company's stock worth $13,935,000 after purchasing an additional 4,866 shares during the last quarter. Institutional investors own 94.93% of the company's stock.

Enersys Trading Down 0.8%

Shares of Enersys stock opened at $200.75 on Wednesday. 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 business has a fifty day simple moving average of $205.27 and a two-hundred day simple moving average of $197.71. Enersys has a 1 year low of $97.03 and a 1 year high of $244.30. The company 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.

Enersys (NYSE:ENS - Get Free Report) last released its quarterly earnings data 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 the consensus estimate of $928.01 million. Enersys had a net margin of 9.29% and a return on equity of 24.02%. The company's quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the company earned $2.08 earnings per share. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Research analysts forecast that Enersys will post 13 EPS for the current year.

Enersys Increases Dividend

The business also recently declared 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 is an increase from Enersys's previous quarterly dividend of $0.26. The ex-dividend date is Friday, September 18th. This represents a $1.15 dividend on an annualized basis and a yield of 0.6%. Enersys's dividend payout ratio (DPR) is currently 12.31%.

Analysts Set New Price Targets

ENS has been the subject of several recent analyst reports. BTIG Research reissued a "buy" rating and issued a $280.00 price objective on shares of Enersys in a report on Thursday, August 13th. Roth Capital restated a "buy" rating and set a $265.00 target price on shares of Enersys in a report on Friday, May 22nd. TD Cowen upped their price target on shares of Enersys from $220.00 to $265.00 and gave the stock a "buy" rating in a research report on Thursday, May 21st. Weiss Ratings cut shares of Enersys from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday, June 26th. Finally, Wall Street Zen raised shares of Enersys from a "buy" rating to a "strong-buy" rating in a research report on Saturday. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $265.00.

Enersys Company 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.

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