Earnest Partners 13F: Cuts EnerSys (ENS) Stake by $8.2M

Earnest Partners has reduced its stake in EnerSys (NYSE: ENS), according to a recent Form 13F filing with the SEC. The firm trimmed its holdings by 35,171 shares, a 3.6% decrease, leaving it with 945,565 shares valued at approximately $218.8 million. This adjustment reflects Earnest Partners' position as of the latest reporting period.

What Changed in Earnest Partners' EnerSys Position

Earnest Partners decreased its EnerSys stake from 980,736 shares to 945,565 shares, cutting 35,171 shares. This represents a 3.6% reduction in their holdings. The value of the remaining shares is about $218.8 million, based on the latest market prices.

Other Institutional Activity in EnerSys

Several other funds also adjusted their positions in EnerSys. BlackRock, Inc. reduced its holdings by 52,342 shares, maintaining 5,076,203 shares valued at approximately $881.8 million. Vanguard Portfolio Management LLC added 2,375,763 shares, bringing its total to 2,375,763 shares worth about $412.7 million. Dimensional Fund Advisors LP cut back by 116,404 shares, leaving it with 1,510,841 shares valued at $262.4 million. Meanwhile, State Street Corp increased its stake slightly by 6,856 shares, totaling 1,471,216 shares valued at $255.6 million.

EnerSys Stock Up 31.3%

Shares of EnerSys (NYSE: ENS) recently traded around $231.42. The company boasts a market cap of roughly $8.28 billion and a P/E ratio of 29.4. EnerSys has a 52-week range between $80.82 and $244.3 and maintains a 50-day moving average of $217.89 and a 200-day moving average of $163.34. The company's current ratio is 2.664, with a quick ratio of 1.311 and a debt-to-equity ratio of 62.324.

Recent Earnings

EnerSys reported revenue of $3.75 billion, showing a 1.3% growth. The company's net margin is 7.825%, with a return on equity of 15.34%. EnerSys posted earnings per share of $7.71. The next earnings report is expected on August 5, 2026.

Dividend

EnerSys offers an annual dividend rate of $1.05, yielding 0.46%. The dividend payout ratio stands at 13.34%.

Insider Buying and Selling at EnerSys

Several insider transactions occurred recently. EVP and CFO Andrea Funk purchased 108 shares at $228.47 on May 29, 2026, and also sold 2,051 shares at $232.24 on May 23, 2026. Keith Fisher, President of Network & Infrastructure, acquired 3,019 shares at $190.29 on May 28, 2026. Earlier in April, insiders Lauren Knausenberger, Rudolph Wynter, and Paul Tufano each bought shares at prices around $162.

Analysts Set New Price Targets

On June 12, 2026, BTIG maintained a 'buy' rating for EnerSys with a price target of $280. Oppenheimer also kept a 'buy' rating, setting a target of $250 on May 22, 2026. The overall analyst consensus remains a 'buy', with a mean price target of $247.29 based on five analyst opinions.

About EnerSys

EnerSys is a global leader in stored energy solutions for industrial applications, headquartered in Reading, Pennsylvania. The company operates through three segments: Network & Infrastructure Solutions, Industrial Mobility Solutions, and Precision Power Solutions. EnerSys serves a diverse range of markets, including broadband, telecommunications, data centers, and industrial utilities. Shawn M. O'Connell is the CEO, and the company employs approximately 9,682 people.

Bottom Line

Earnest Partners' recent trimming of its EnerSys holdings is part of a broader trend among institutional investors adjusting their positions. While the 13F filing provides a snapshot of past holdings, it's important to remember these filings are backward-looking and may not reflect current positions. EnerSys remains a notable player in the electrical equipment industry, with ongoing interest from both investors and analysts.