Compass Financial Management LLC acquired a new stake in shares of Enersys (NYSE:ENS – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 5,741 shares of the industrial products company’s stock, valued at approximately $1,340,000.
Several other hedge funds also recently bought and sold shares of ENS. BlackRock Inc. purchased a new stake in Enersys in the second quarter worth $1,221,455,000. Norges Bank purchased a new stake in shares of Enersys during the fourth quarter valued at $78,599,000. LSV Asset Management grew its holdings in shares of Enersys by 298.9% in the fourth quarter. LSV Asset Management now owns 562,293 shares of the industrial products company’s stock worth $82,516,000 after purchasing an additional 421,338 shares during the last quarter. Millennium Management LLC grew its holdings in shares of Enersys by 257.8% in the third quarter. Millennium Management LLC now owns 556,771 shares of the industrial products company’s stock worth $62,893,000 after purchasing an additional 401,167 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in shares of Enersys by 342.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 392,781 shares of the industrial products company’s stock worth $57,641,000 after purchasing an additional 304,018 shares during the last quarter. Institutional investors own 94.93% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on ENS. Oppenheimer reiterated an “outperform” rating on shares of Enersys in a report on Friday, August 14th. Roth Capital restated a “buy” rating and issued a $265.00 target price on shares of Enersys in a research note on Friday, May 22nd. Wall Street Zen raised shares of Enersys from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. TD Cowen lifted their price target on shares of Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Finally, Zacks Research upgraded Enersys from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to data from MarketBeat.com, Enersys has a consensus rating of “Buy” and a consensus target price of $265.00.
Enersys Stock Down 0.1%
Shares of Enersys stock opened at $189.73 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 stock has a market cap of $6.84 billion, a price-to-earnings ratio of 20.31, a PEG ratio of 0.94 and a beta of 1.19. The firm’s 50-day moving average is $203.39 and its two-hundred day moving average is $197.78. Enersys has a 1 year low of $98.44 and a 1 year high of $244.30.
Enersys (NYSE:ENS – Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The industrial products company reported $3.66 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 business had revenue of $935.64 million during the quarter, compared to analyst estimates of $928.01 million. During the same quarter in the previous year, the business posted $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. As a group, research analysts expect that Enersys will post 13.41 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 given a dividend of $0.2875 per share. This is a boost from Enersys’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Friday, September 18th. This represents a $1.15 annualized dividend and a yield of 0.6%. Enersys’s payout ratio is 11.24%.
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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