First National Bank of Omaha purchased a new position in shares of Enersys (NYSE:ENS – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,587 shares of the industrial products company’s stock, valued at approximately $2,709,000.
Several other hedge funds have also recently modified their holdings of ENS. Meeder Asset Management Inc. acquired a new position in Enersys in the 2nd quarter valued at $5,650,000. Citizens Financial Group Inc. RI purchased a new position in Enersys during the 2nd quarter worth $306,000. BlackRock Inc. acquired a new stake in shares of Enersys in the 2nd quarter worth $1,221,455,000. Pallas Capital Advisors LLC purchased a new stake in shares of Enersys in the second quarter valued at about $253,000. Finally, Performance Wealth Partners LLC purchased a new stake in shares of Enersys in the second quarter valued at about $353,000. 94.93% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several research analysts recently issued reports on ENS shares. TD Cowen increased their price target on shares of Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Weiss Ratings lowered Enersys from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, June 26th. Wall Street Zen raised Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday. BTIG Research reiterated a “buy” rating and set a $280.00 target price on shares of Enersys in a research report on Thursday, August 13th. Finally, Oppenheimer reissued an “outperform” rating on shares of Enersys in a research note on Friday. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Enersys has a consensus rating of “Moderate Buy” and a consensus target price of $265.00.
Enersys Stock Performance
NYSE:ENS opened at $200.75 on Wednesday. The company has a current ratio of 2.80, a quick ratio of 1.83 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $7.32 billion, a P/E ratio of 21.49, a price-to-earnings-growth ratio of 1.10 and a beta of 1.19. The firm has a 50-day moving average price of $205.27 and a two-hundred day moving average price of $197.71. Enersys has a twelve month low of $97.03 and a twelve month high of $244.30.
Enersys (NYSE:ENS – Get Free Report) last announced its quarterly earnings results on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.83 by $0.83. Enersys had a net margin of 9.29% and a return on equity of 24.02%. The company had revenue of $935.64 million for the quarter, compared to the consensus estimate of $928.01 million. During the same quarter in the prior year, the firm earned $2.08 earnings per share. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. As a group, research analysts expect that Enersys will post 13 earnings per share for the current fiscal year.
Enersys Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 18th will be issued a dividend of $0.2875 per share. This is a boost from Enersys’s previous quarterly dividend of $0.26. The ex-dividend date is Friday, September 18th. This represents a $1.15 dividend on an annualized basis and a yield of 0.6%. Enersys’s payout ratio is currently 12.31%.
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.
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