ePlus (NASDAQ:PLUS) Reaches New 1-Year High After Better-Than-Expected Earnings

Shares of ePlus inc. (NASDAQ:PLUS) hit a new 52-week high during trading on Tuesday following a stronger than expected earnings report. The company traded as high as $95.75 and last traded at $93.66, with a volume of 290877 shares changing hands. The stock had previously closed at $92.41.

The software maker reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.09. ePlus had a net margin of 4.91% and a return on equity of 11.54%. The business had revenue of $649.11 million during the quarter, compared to analysts’ expectations of $639.95 million.

ePlus Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Tuesday, August 25th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Tuesday, August 25th. This represents a $1.08 annualized dividend and a yield of 1.1%. ePlus’s dividend payout ratio (DPR) is presently 22.31%.

Key Headlines Impacting ePlus

Here are the key news stories impacting ePlus this week:

• Positive Sentiment: ePlus reported fiscal first-quarter 2027 adjusted earnings of $1.28 per share, above the $1.19 analyst consensus, while revenue of $649.1 million also exceeded expectations of $639.95 million. ePlus earnings report
• Positive Sentiment: Managed services remained a growth area, with revenue increasing 15.1% to $51.3 million. Total services revenue rose 2.6% to $119.4 million, supporting the company’s recurring-revenue strategy. ePlus first-quarter financial results
• Positive Sentiment: Management reiterated its fiscal 2027 outlook for mid-single-digit growth in net sales, gross profit and adjusted EBITDA. The board also authorized repurchases of up to 1.5 million shares over the next 12 months.
• Positive Sentiment: ePlus declared a quarterly dividend of $0.27 per share, payable September 16 to shareholders of record on August 25, providing an annualized yield of approximately 1.1%.
• Neutral Sentiment: Institutional positioning was mixed: 130 investors increased their holdings while 116 reduced them in their latest reported quarters, offering no clear consensus signal.
• Negative Sentiment: Underlying results showed margin pressure. Net earnings from continuing operations fell 5.4% to $30.3 million, gross profit declined 1.5% to $151.3 million, and gross margin was 23.3%, while net sales increased only 1.0%.
• Negative Sentiment: CFO Elaine D. Marion sold 7,182 shares across August 3–4 for approximately $690,265, reducing her holdings by roughly 8% across the two transactions. Continued insider selling may weigh on sentiment, although she still owns 84,259 shares. SEC insider trading filing

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ePlus in a research note on Friday, July 10th. Zacks Research raised shares of ePlus from a “strong sell” rating to a “hold” rating in a research note on Friday, July 31st. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, ePlus currently has a consensus rating of “Hold”.

Insider Transactions at ePlus

In other ePlus news, COO Darren S. Raiguel sold 1,935 shares of ePlus stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $94.06, for a total value of $182,006.10. Following the completion of the sale, the chief operating officer owned 69,236 shares in the company, valued at $6,512,338.16. The trade was a 2.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Elaine D. Marion sold 5,514 shares of ePlus stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $96.41, for a total value of $531,604.74. Following the completion of the sale, the chief financial officer owned 84,259 shares of the company’s stock, valued at $8,123,410.19. This trade represents a 6.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 13,284 shares of company stock worth $1,261,970. 2.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On ePlus

Institutional investors have recently bought and sold shares of the stock. Osaic Holdings Inc. raised its stake in ePlus by 361.9% during the second quarter. Osaic Holdings Inc. now owns 448 shares of the software maker’s stock worth $32,000 after purchasing an additional 351 shares during the period. Kestra Advisory Services LLC purchased a new stake in shares of ePlus during the 4th quarter valued at $108,000. US Bancorp DE increased its holdings in shares of ePlus by 856.4% during the 3rd quarter. US Bancorp DE now owns 1,731 shares of the software maker’s stock worth $123,000 after buying an additional 1,550 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of ePlus during the 4th quarter worth $138,000. Finally, Focus Partners Wealth acquired a new stake in shares of ePlus during the 3rd quarter worth $154,000. 93.80% of the stock is currently owned by hedge funds and other institutional investors.

ePlus Trading Down 2.6%

The firm has a market capitalization of $2.47 billion, a PE ratio of 20.69, a price-to-earnings-growth ratio of 1.30 and a beta of 1.00. The firm has a 50-day moving average of $85.43 and a two-hundred day moving average of $83.35.

ePlus Company Profile

ePlus Inc (NASDAQ:PLUS) is a technology solutions provider that helps enterprises and public-sector organizations maximize the value of their information technology investments. The company specializes in designing, implementing and managing complex IT infrastructures, with a focus on security, cloud computing, data center modernization and unified communications. By combining consulting services with software license management and hardware procurement, ePlus delivers end-to-end solutions that align with its clients’ strategic objectives.

The company’s offerings include cybersecurity assessments and managed security services, hybrid and public cloud deployments, network architecture and optimization, and collaboration platforms.