4,751 Shares in Enersys $ENS Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. bought a new position in shares of Enersys (NYSE:ENS) during the third quarter, Holdings Channel.com reports. The firm bought 4,751 shares of the industrial products company’s stock, valued at approximately $872,000.

Several other hedge funds have also modified their holdings of the stock. Wellington Management Group LLP acquired a new position in Enersys during the 2nd quarter worth $22,893,000. Hsbc Holdings PLC boosted its position in Enersys by 80.1% in the 2nd quarter. Hsbc Holdings PLC now owns 72,021 shares of the industrial products company’s stock valued at $16,856,000 after buying an additional 32,034 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of Enersys by 10.1% in 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 buying an additional 50,660 shares during the period. Caisse de depot et placement du Quebec acquired a new stake in shares of Enersys in the 2nd quarter valued at $7,305,000. Finally, Renaissance Technologies LLC acquired a new stake in shares of Enersys in the 1st quarter valued at $10,319,000. 94.93% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on ENS shares. Wall Street Zen raised Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Enersys in a research report on Tuesday, September 22nd. Oppenheimer reissued an “outperform” rating on shares of Enersys in a report on Friday, August 14th. BTIG Research reaffirmed a “buy” rating and issued a $280.00 target price on shares of Enersys in a research note on Thursday, August 13th. Finally, Zacks Research cut shares of Enersys from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 13th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $265.00.

Enersys Stock Performance

Shares of ENS stock opened at $168.15 on Wednesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.83 and a current ratio of 2.80. The company has a market capitalization of $6.06 billion, a P/E ratio of 18.00, a price-to-earnings-growth ratio of 0.80 and a beta of 1.21. The company’s 50 day moving average price is $177.98 and its two-hundred day moving average price is $191.36. Enersys has a 52 week low of $122.02 and a 52 week high of $244.30.

Enersys (NYSE:ENS) last issued its quarterly earnings data on Wednesday, August 12th. The industrial products company reported $3.66 EPS for the quarter, topping analysts’ consensus estimates of $2.83 by $0.83. The business had revenue of $935.64 million for 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 quarterly revenue was up 4.8% on a year-over-year basis. During the same period last year, the business posted $2.08 earnings per share. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. On average, analysts expect that Enersys will post 13.41 earnings per share for the current fiscal year.

Enersys Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 18th were issued a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.7%. This is a positive change from Enersys’s previous quarterly dividend of $0.2625. The ex-dividend date was Friday, September 18th. Enersys’s dividend payout ratio is presently 12.31%.

About Enersys

EnerSys (NYSE: ENS) is a global provider of stored energy solutions for industrial, transportation, telecommunications, utility, data center, aerospace and defense applications. The company designs, manufactures and distributes industrial batteries, battery chargers, power systems and related equipment used for backup power, motive power and energy management.

Its product portfolio includes lead-acid and lithium-ion batteries, motive-power systems for electric forklifts and other material-handling equipment, reserve-power batteries for telecommunications and data centers, and specialized energy systems for aerospace, defense and other critical applications.