5,625 Shares of Enersys $ENS Bought by New England Research & Management Inc.

New England Research & Management Inc. purchased a new position in Enersys (NYSE:ENS) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 5,625 shares of the industrial products company’s stock, valued at approximately $1,032,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Hsbc Holdings PLC boosted its stake in Enersys by 80.1% during the second quarter. Hsbc Holdings PLC now owns 72,021 shares of the industrial products company’s stock worth $16,856,000 after acquiring an additional 32,034 shares in the last quarter. Principal Financial Group Inc. grew its holdings in Enersys by 10.1% in the first quarter. Principal Financial Group Inc. now owns 551,045 shares of the industrial products company’s stock worth $95,728,000 after purchasing an additional 50,660 shares during the period. Wellington Management Group LLP bought a new position in shares of Enersys during the second quarter valued at approximately $22,893,000. Caisse de depot et placement du Quebec bought a new position in shares of Enersys during the second quarter valued at approximately $7,305,000. Finally, Renaissance Technologies LLC purchased a new position in shares of Enersys during the first quarter valued at approximately $10,319,000. Institutional investors own 94.93% of the company’s stock.

Wall Street Analyst Weigh In

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

Enersys Stock Down 2.6%

Enersys stock traded down $4.42 during mid-day trading on Friday, reaching $168.40. The stock had a trading volume of 662,171 shares, compared to its average volume of 583,256. Enersys has a one year low of $116.87 and a one year high of $244.30. The company has a 50-day moving average price of $183.62 and a two-hundred day moving average price of $200.74. The company has a market capitalization of $6.07 billion, a price-to-earnings ratio of 18.03, a PEG ratio of 0.86 and a beta of 1.18. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.80 and a quick ratio of 1.83.

Enersys (NYSE:ENS) last released its quarterly earnings data 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. The business had revenue of $935.64 million during 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%. Enersys’s revenue was up 4.8% compared to the same quarter last year. During the same period last year, the business earned $2.08 EPS. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. On average, analysts expect that Enersys will post 13.41 EPS 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 dividend of $0.2875 per share. The ex-dividend date was Friday, September 18th. This is a positive change from Enersys’s previous quarterly dividend of $0.2625. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.7%. Enersys’s dividend payout ratio is currently 12.31%.

Enersys Company Profile

EnerSys (NYSE: ENS) is a global provider of stored energy solutions and power-management systems. The company designs, manufactures and distributes industrial batteries, energy storage systems, chargers, power-conversion equipment and related services for applications that require reliable backup or motive power.

Its product portfolio includes lead-acid and lithium-ion batteries, battery chargers and monitoring systems, as well as specialty solutions for telecommunications, data centers, utilities, transportation, material handling, aerospace and defense.