Horizon Investment Services LLC Purchases New Position in Enersys $ENS

Horizon Investment Services LLC purchased a new position in Enersys (NYSE:ENS) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 2,504 shares of the industrial products company’s stock, valued at approximately $585,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. increased its position in shares of Enersys by 10.1% during the 1st quarter. Principal Financial Group Inc. now owns 551,045 shares of the industrial products company’s stock valued at $95,728,000 after purchasing an additional 50,660 shares during the last quarter. QRG Capital Management Inc. boosted its stake in Enersys by 454.5% during the fourth quarter. QRG Capital Management Inc. now owns 10,308 shares of the industrial products company’s stock worth $1,513,000 after buying an additional 8,449 shares during the period. M&T Bank Corp purchased a new position in Enersys during the fourth quarter worth $11,963,000. Bank of America Corp DE increased its position in Enersys by 6.8% during 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 acquiring an additional 29,364 shares during the last quarter. Finally, Renaissance Technologies LLC purchased a new stake in shares of Enersys in the first quarter valued at $10,319,000. 94.93% of the stock is currently owned by hedge funds and other institutional investors.

Enersys News Summary

Here are the key news stories impacting Enersys this week:

• Positive Sentiment: Results exceeded expectations: EnerSys reported fiscal Q1 sales of approximately $935.6 million, up 4.8% year over year, while adjusted diluted EPS rose to $3.66 from $2.23. EPS exceeded the roughly $2.82–$2.83 consensus estimate, and revenue also topped forecasts. Pricing, margin expansion, tax benefits and a tariff refund supported the earnings beat. ENS Q1 Earnings and Sales Beat on Pricing, Margin Expansion
• Positive Sentiment: Favorable second-quarter outlook: Management projected fiscal Q2 sales of $955 million to $995 million and adjusted EPS of $3.15 to $3.25. The company highlighted demand momentum in data centers, communications, and aerospace and defense, helping offset softer material-handling trends. EnerSys jumps on earnings beat, upbeat Q2 guidance
• Positive Sentiment: Capital-return and growth initiatives: EnerSys raised its quarterly dividend approximately 9.5% to $0.2875 per share, signaling confidence in cash generation. Management also reported a cash increase and continued progress toward a U.S. lithium-cell facility, supporting the company’s longer-term strategy. EnerSys Earnings Call Highlights Lithium Push, Cash Surge
• Positive Sentiment: Analyst support: BTIG reaffirmed its Buy rating and maintained a $280 price target, implying substantial potential upside from the reported trading level. BTIG rating reaffirmation
• Neutral Sentiment: Some of the quarter’s benefit came from tax advantages and a tariff refund, which may not fully recur. Investors will also monitor weaker material-handling demand and execution risks surrounding the lithium-cell expansion.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ENS. Weiss Ratings lowered shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, June 26th. Oppenheimer reissued an “outperform” rating on shares of Enersys in a research report on Friday. BTIG Research reissued a “buy” rating and issued a $280.00 price objective on shares of Enersys in a research note on Thursday. TD Cowen upped their target price on Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Finally, Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Enersys currently has a consensus rating of “Moderate Buy” and an average target price of $265.00.

Enersys Stock Up 0.0%

Shares of ENS opened at $203.50 on Monday. The firm has a market capitalization of $7.42 billion, a P/E ratio of 21.79, a P/E/G ratio of 1.10 and a beta of 1.19. Enersys has a 12-month low of $97.03 and a 12-month high of $244.30. The firm has a fifty day moving average price of $206.31 and a 200-day moving average price of $197.40. The company has a current ratio of 2.80, a quick ratio of 1.83 and a debt-to-equity ratio of 0.51.

Enersys (NYSE:ENS) last announced its quarterly earnings data on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share for the quarter, beating analysts’ consensus estimates of $2.83 by $0.83. The company had revenue of $935.64 million during the quarter, compared to analyst estimates of $928.01 million. Enersys had a net margin of 9.29% and a return on equity of 24.02%. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter last year, the business posted $2.08 EPS. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Equities research analysts expect that Enersys will post 12.29 earnings per share for the current year.

Enersys Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 18th will be issued a $0.2875 dividend. The ex-dividend date is Friday, September 18th. This is a positive change from Enersys’s previous quarterly dividend of $0.26. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.6%. Enersys’s dividend payout ratio (DPR) is presently 11.24%.

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.