California State Teachers Retirement System Buys 7,873 Shares of Enersys $ENS

California State Teachers Retirement System grew its stake in shares of Enersys (NYSE:ENS) by 22.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 43,737 shares of the industrial products company’s stock after acquiring an additional 7,873 shares during the period. California State Teachers Retirement System’s holdings in Enersys were worth $7,598,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of ENS. Principal Financial Group Inc. raised its stake 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. QRG Capital Management Inc. lifted its stake in Enersys by 454.5% in the 4th quarter. QRG Capital Management Inc. now owns 10,308 shares of the industrial products company’s stock worth $1,513,000 after purchasing an additional 8,449 shares in the last quarter. M&T Bank Corp bought a new stake in Enersys during the fourth quarter valued at $11,963,000. Renaissance Technologies LLC bought a new stake in shares of Enersys during the 1st quarter valued at about $10,319,000. Finally, Nkcfo LLC purchased a new stake in Enersys in the fourth quarter valued at approximately $986,000. Institutional investors own 94.93% of the company’s stock.

Enersys Trading Up 2.7%

NYSE:ENS opened at $193.92 on Wednesday. The company has a 50-day moving average price of $212.94 and a 200-day moving average price of $196.27. Enersys has a 12 month low of $90.39 and a 12 month high of $244.30. The company has a current ratio of 2.66, a quick ratio of 1.76 and a debt-to-equity ratio of 0.57. The stock has a market cap of $7.07 billion, a price-to-earnings ratio of 25.15, a P/E/G ratio of 1.04 and a beta of 1.19.

Enersys (NYSE:ENS) last posted its earnings results on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share for the quarter, topping analysts’ consensus estimates of $3.00 by $0.19. Enersys had a return on equity of 21.39% and a net margin of 7.83%.The firm had revenue of $987.94 million for the quarter, compared to the consensus estimate of $973.84 million. During the same quarter in the prior year, the business earned $2.97 EPS. The business’s revenue for the quarter was up 1.4% on a year-over-year basis. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Equities analysts predict that Enersys will post 12.1 EPS for the current year.

Enersys Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Friday, June 19th were paid a $0.2625 dividend. This represents a $1.05 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Thursday, June 18th. Enersys’s dividend payout ratio is currently 13.62%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on ENS shares. Oppenheimer boosted their price target on shares of Enersys from $210.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, May 22nd. BTIG Research lifted their price objective on shares of Enersys from $250.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, June 12th. Roth Capital reiterated a “buy” rating and issued a $265.00 target price on shares of Enersys in a research report on Friday, May 22nd. Wall Street Zen downgraded Enersys from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 18th. Finally, TD Cowen lifted their price target on shares of Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.