Enersys $ENS Stock Purchased by Vise Technologies Inc.

Vise Technologies Inc. raised its stake in Enersys (NYSE:ENS) by 98.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 7,339 shares of the industrial products company’s stock after buying an additional 3,647 shares during the period. Vise Technologies Inc.’s holdings in Enersys were worth $1,347,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in shares of Enersys during the 2nd quarter worth about $1,221,455,000. Principal Financial Group Inc. raised its holdings in 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 acquiring an additional 50,660 shares during the period. Bank of America Corp DE raised its holdings in Enersys by 6.8% in the 1st quarter. Bank of America Corp DE now owns 459,504 shares of the industrial products company’s stock valued at $79,825,000 after acquiring an additional 29,364 shares during the period. Paradigm Capital Management Inc. NY acquired a new stake in Enersys during the second quarter worth approximately $102,249,000. Finally, Arrowstreet Capital Limited Partnership lifted its position in Enersys by 6.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 345,303 shares of the industrial products company’s stock worth $59,986,000 after acquiring an additional 20,767 shares during the last quarter. 94.93% of the stock is owned by institutional investors.

Enersys Trading Up 3.1%

ENS stock opened at $147.00 on Friday. 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’s 50-day simple moving average is $175.33 and its 200 day simple moving average is $191.07. Enersys has a 52 week low of $126.58 and a 52 week high of $244.30. The company has a market capitalization of $5.30 billion, a PE ratio of 15.74, a price-to-earnings-growth ratio of 0.73 and a beta of 1.21.

Enersys (NYSE:ENS) last released its quarterly earnings results 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. 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 analyst estimates of $928.01 million. During the same period last year, the firm earned $2.08 earnings per share. Enersys’s revenue for the quarter was up 4.8% compared to the same quarter last year. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. As a group, sell-side analysts anticipate that Enersys will post 13.41 earnings per share for the current year.

Enersys Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Friday, September 18th were given a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Friday, September 18th. This is a boost from Enersys’s previous quarterly dividend of $0.2625. Enersys’s dividend payout ratio (DPR) is currently 12.31%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ENS. BTIG Research restated a “buy” rating and set a $280.00 price objective on shares of Enersys in a report on Thursday, August 13th. Zacks Research lowered Enersys from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 13th. Weiss Ratings reissued a “buy (b-)” rating on shares of Enersys in a report on Tuesday, September 22nd. Oppenheimer restated an “outperform” rating on shares of Enersys in a research note on Friday, August 14th. Finally, Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. Five investment 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, Enersys presently has an average rating of “Moderate Buy” and a consensus target price of $265.00.

Enersys Profile

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.