Nissay Asset Management Corp Japan Grows Stock Position in Enersys $ENS

Nissay Asset Management Corp Japan boosted its holdings in Enersys (NYSE:ENS) by 49.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 8,631 shares of the industrial products company’s stock after buying an additional 2,852 shares during the period. Nissay Asset Management Corp Japan’s holdings in Enersys were worth $2,018,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Principal Financial Group Inc. boosted its holdings 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 purchasing an additional 50,660 shares during the last quarter. QRG Capital Management Inc. grew 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 during the period. Bank of America Corp DE increased its holdings in shares of Enersys by 6.8% during the 1st quarter. Bank of America Corp DE now owns 459,504 shares of the industrial products company’s stock worth $79,825,000 after buying an additional 29,364 shares during the last quarter. Renaissance Technologies LLC purchased a new position in shares of Enersys in the 1st quarter worth $10,319,000. Finally, Caisse de depot et placement du Quebec purchased a new position in shares of Enersys in the 2nd quarter worth $7,305,000. Institutional investors and hedge funds own 94.93% of the company’s stock.

Enersys Stock Down 0.8%

Shares of Enersys stock opened at $184.03 on Tuesday. Enersys has a twelve month low of $98.46 and a twelve month high of $244.30. The stock has a market cap of $6.64 billion, a price-to-earnings ratio of 19.70, a price-to-earnings-growth ratio of 0.92 and a beta of 1.19. 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 fifty day moving average price of $198.61 and a 200 day moving average price of $198.42.

Enersys (NYSE:ENS) last released its quarterly earnings data 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. The company had revenue of $935.64 million for the quarter, compared to analyst estimates of $928.01 million. Enersys had a return on equity of 24.02% and a net margin of 9.29%.The firm’s revenue was up 4.8% compared to the same quarter last year. During the same period last year, the company posted $2.08 earnings per share. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Equities research analysts forecast 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. Investors of record on Friday, September 18th will be issued a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Friday, September 18th. This is an increase from Enersys’s previous quarterly dividend of $0.26. Enersys’s dividend payout ratio (DPR) is 11.24%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on ENS shares. Wall Street Zen raised Enersys from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. Weiss Ratings downgraded Enersys from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, June 26th. BTIG Research reaffirmed a “buy” rating and issued a $280.00 price objective on shares of Enersys in a research note on Thursday, August 13th. Roth Capital reiterated a “buy” rating and set a $265.00 target price on shares of Enersys in a report on Friday, May 22nd. Finally, Zacks Research raised shares of Enersys from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 18th. One analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $265.00.

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.