Jupiter Topco LLC Invests $22.23 Million in Enersys $ENS

Jupiter Topco LLC purchased a new stake in shares of Enersys (NYSE:ENS) during the second quarter, Holdings Channel.com reports. The firm purchased 95,092 shares of the industrial products company’s stock, valued at approximately $22,234,000.

Several other hedge funds have also made changes to their positions in the company. QRG Capital Management Inc. lifted its stake in shares of Enersys by 454.5% during the 4th quarter. QRG Capital Management Inc. now owns 10,308 shares of the industrial products company’s stock valued at $1,513,000 after buying an additional 8,449 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of Enersys by 10.1% during the first quarter. Principal Financial Group Inc. now owns 551,045 shares of the industrial products company’s stock worth $95,728,000 after acquiring an additional 50,660 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Enersys by 6.8% during the first quarter. Bank of America Corp DE now owns 459,504 shares of the industrial products company’s stock worth $79,825,000 after acquiring an additional 29,364 shares in the last quarter. Renaissance Technologies LLC bought a new position in shares of Enersys in the first quarter worth $10,319,000. Finally, Sei Investments Co. grew its position in shares of Enersys by 17.7% in the first quarter. Sei Investments Co. now owns 85,488 shares of the industrial products company’s stock valued at $14,850,000 after purchasing an additional 12,854 shares in the last quarter. Hedge funds and other institutional investors own 94.93% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on ENS. Weiss Ratings downgraded Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. Oppenheimer reissued an “outperform” rating on shares of Enersys in a report on Friday, August 14th. Zacks Research upgraded shares of Enersys from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 18th. Finally, BTIG Research reaffirmed a “buy” rating and set a $280.00 price objective on shares of Enersys in a research note on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. According to MarketBeat.com, Enersys has a consensus rating of “Buy” and an average price target of $265.00.

Enersys Price Performance

Shares of NYSE ENS opened at $185.28 on Friday. The stock’s 50-day simple moving average is $199.58 and its two-hundred day simple moving average is $198.19. Enersys has a twelve month low of $98.46 and a twelve month high of $244.30. The firm has a market capitalization of $6.68 billion, a P/E ratio of 19.84, a P/E/G ratio of 0.95 and a beta of 1.19. The company has a quick ratio of 1.83, a current ratio of 2.80 and a debt-to-equity ratio of 0.51.

Enersys (NYSE:ENS) last announced its earnings results on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share 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 business had revenue of $935.64 million for the quarter, compared to the consensus estimate of $928.01 million. During the same period last year, the firm posted $2.08 earnings per share. Enersys’s quarterly revenue was up 4.8% on a year-over-year basis. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. As a group, equities analysts anticipate that Enersys will post 13.41 EPS for the current fiscal year.

Enersys Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 18th will be given a dividend of $0.2875 per share. This is an increase from Enersys’s previous quarterly dividend of $0.26. The ex-dividend date is Friday, September 18th. This represents a $1.15 annualized dividend and a dividend yield of 0.6%. Enersys’s dividend 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.