NewEdge Wealth LLC Takes Position in Enersys $ENS

NewEdge Wealth LLC bought a new position in shares of Enersys (NYSE:ENS) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 12,593 shares of the industrial products company’s stock, valued at approximately $2,944,000.

A number of other hedge funds also recently modified their holdings of the stock. Global Retirement Partners LLC acquired a new position in Enersys in the second quarter valued at about $34,000. CIBC Private Wealth Group LLC increased its holdings 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 valued at $27,000 after buying an additional 98 shares during the period. Los Angeles Capital Management LLC bought a new stake in shares of Enersys during the 4th quarter worth approximately $30,000. SBI Securities Co. Ltd. lifted its holdings in shares of Enersys by 239.7% during the 4th quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 151 shares during the period. Finally, Allworth Financial LP boosted its position in shares of Enersys by 442.2% during the 3rd quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 199 shares in the last quarter. Institutional investors own 94.93% of the company’s stock.

Enersys Price Performance

Shares of ENS opened at $189.57 on Friday. The company has a quick ratio of 1.83, a current ratio of 2.80 and a debt-to-equity ratio of 0.51. The stock has a market cap of $6.84 billion, a PE ratio of 20.30, a PEG ratio of 0.96 and a beta of 1.19. Enersys has a 12-month low of $97.03 and a 12-month high of $244.30. The business has a 50-day simple moving average of $204.09 and a two-hundred day simple moving average of $197.84.

Enersys (NYSE:ENS) last released 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 for the quarter, compared to analysts’ expectations of $928.01 million. During the same period in the previous year, the business posted $2.08 earnings per share. The business’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. Analysts anticipate that Enersys will post 13.41 earnings per share for the current fiscal year.

Enersys Increases Dividend

The firm 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 is a positive change from Enersys’s previous quarterly dividend of $0.26. This represents a $1.15 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, September 18th. Enersys’s payout ratio is presently 11.24%.

Wall Street Analyst Weigh In

Several brokerages have commented on ENS. Weiss Ratings downgraded shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 26th. Zacks Research upgraded Enersys from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. TD Cowen upped their price objective on Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Wall Street Zen raised Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. Finally, Oppenheimer reissued an “outperform” rating on shares of Enersys in a research note 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, Enersys currently has an average rating of “Buy” and a consensus price target of $265.00.

Key Headlines Impacting Enersys

Here are the key news stories impacting Enersys this week:

• Positive Sentiment: Zacks upgraded Enersys from “Hold” to “Strong Buy,” adding to the bullish analyst momentum surrounding the battery and energy-storage company. Zacks upgrade report
• Positive Sentiment: Enersys was highlighted as a high-growth, GARP investment with a discounted PEG ratio, indicating that its valuation appears attractive relative to expected earnings growth. High-growth GARP stocks article
• Positive Sentiment: ENS appeared on Zacks’ Strong Buy lists for growth, value and new Strong Buy additions, reinforcing the view that analysts see favorable earnings potential and valuation. Zacks growth stocks list
• Positive Sentiment: Enersys was identified as a value stock with an attractive enterprise-value-to-EBITDA ratio and strong earnings outlook. Value stocks article
• Positive Sentiment: ENS was included among dividend stocks that recently raised their payouts, supporting the income-investment case even amid geopolitical uncertainty. Dividend hikes article
• Neutral Sentiment: Brokerages currently assign Enersys a consensus “Moderate Buy” rating, positive but less decisive than the new Zacks “Strong Buy” designation. Brokerage consensus report

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.