Corient Private Wealth LP Buys New Position in Enersys $ENS

Corient Private Wealth LP bought a new position in shares of Enersys (NYSE:ENS) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 74,716 shares of the industrial products company’s stock, valued at approximately $17,470,000. Corient Private Wealth LP owned 0.20% of Enersys as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Bank of America Corp DE acquired a new stake in Enersys in the 2nd quarter valued at about $84,699,000. Caisse de depot et placement du Quebec acquired a new position in shares of Enersys in the 2nd quarter worth approximately $7,305,000. Man Group plc bought a new stake in shares of Enersys in the 2nd quarter worth approximately $9,244,000. Jupiter Topco LLC bought a new stake in shares of Enersys in the 2nd quarter worth approximately $22,234,000. Finally, Hsbc Holdings PLC acquired a new stake in Enersys during the second quarter valued at approximately $16,856,000. 94.93% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on ENS shares. Wall Street Zen upgraded shares of Enersys from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. Oppenheimer reiterated an “outperform” rating on shares of Enersys in a research report on Friday, August 14th. BTIG Research reissued a “buy” rating and set a $280.00 price objective on shares of Enersys in a research note on Thursday, August 13th. Roth Capital reaffirmed a “buy” rating and set a $265.00 target price on shares of Enersys in a research report on Friday, May 22nd. Finally, TD Cowen upped their target price on Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a report on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $265.00.

Enersys Price Performance

NYSE ENS opened at $185.28 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 firm has a market capitalization of $6.68 billion, a price-to-earnings ratio of 19.84, a price-to-earnings-growth ratio of 0.95 and a beta of 1.19. The company has a 50 day simple moving average of $199.58 and a 200-day simple moving average of $198.19. Enersys has a 52-week low of $98.46 and a 52-week high of $244.30.

Enersys (NYSE:ENS) last announced its quarterly earnings data on Wednesday, August 12th. The industrial products company reported $3.66 EPS for the quarter, beating analysts’ consensus estimates of $2.83 by $0.83. Enersys had a net margin of 9.29% and a return on equity of 24.02%. The firm had revenue of $935.64 million for the quarter, compared to the consensus estimate of $928.01 million. During the same period in the previous year, the firm posted $2.08 earnings per share. The firm’s revenue was up 4.8% on a year-over-year basis. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Equities research analysts predict that Enersys will post 13.41 earnings per share for the current fiscal year.

Enersys Increases Dividend

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