NewEdge Wealth LLC Makes New Investment in Enersys $ENS

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

Other hedge funds and other institutional investors have also modified their holdings of the company. Stifel Financial Corp grew its position in shares of Enersys by 2.0% during the 4th quarter. Stifel Financial Corp now owns 4,252 shares of the industrial products company’s stock worth $624,000 after buying an additional 84 shares during the period. Kestra Advisory Services LLC increased its holdings in Enersys by 4.9% during the 4th quarter. Kestra Advisory Services LLC now owns 2,009 shares of the industrial products company’s stock worth $295,000 after purchasing an additional 94 shares in the last quarter. Merit Financial Group LLC raised its holdings in shares of Enersys by 3.8% in the third quarter. Merit Financial Group LLC now owns 2,662 shares of the industrial products company’s stock valued at $301,000 after purchasing an additional 97 shares during the last quarter. CIBC Private Wealth Group LLC lifted its position in Enersys by 116.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock worth $27,000 after buying an additional 98 shares in the last quarter. Finally, State of Michigan Retirement System boosted its position in Enersys by 1.1% during the first quarter. State of Michigan Retirement System now owns 8,872 shares of the industrial products company’s stock valued at $1,541,000 after purchasing an additional 100 shares during the last quarter. Institutional investors and hedge funds own 94.93% of the company’s stock.

Enersys Stock Performance

ENS opened at $189.57 on Friday. 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 $204.09 and a 200 day simple moving average of $197.84. Enersys has a 1 year low of $97.03 and a 1 year high of $244.30. The company has a market capitalization of $6.84 billion, a PE ratio of 20.30, a price-to-earnings-growth ratio of 0.96 and a beta of 1.19.

Enersys (NYSE:ENS) last posted its quarterly earnings data 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 firm had revenue of $935.64 million for the quarter, compared to analysts’ expectations of $928.01 million. During the same quarter last year, the business earned $2.08 EPS. The company’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. Research analysts expect that Enersys will post 13.41 EPS for the current year.

Enersys Increases Dividend

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

Enersys News Summary

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

Analyst Upgrades and Downgrades

Several research firms have issued reports on ENS. Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. Weiss Ratings lowered Enersys from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, June 26th. BTIG Research reaffirmed a “buy” rating and set a $280.00 price target on shares of Enersys in a report on Thursday, August 13th. TD Cowen lifted their price objective 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. Finally, Oppenheimer reissued an “outperform” rating on shares of Enersys in a research report on Friday, August 14th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. Based on data from MarketBeat, Enersys presently has an average rating of “Buy” and an average target price 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.