Renaissance Technologies LLC Invests $10.32 Million in Enersys $ENS

Renaissance Technologies LLC bought a new stake in Enersys (NYSE:ENS) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 59,400 shares of the industrial products company’s stock, valued at approximately $10,319,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ENS. CIBC Private Wealth Group LLC lifted its position in Enersys by 116.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 98 shares during the last quarter. Allworth Financial LP increased its position in shares of Enersys by 442.2% during the third quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 199 shares in the last quarter. Los Angeles Capital Management LLC purchased a new stake in shares of Enersys in the 4th quarter valued at about $30,000. SBI Securities Co. Ltd. boosted its position in shares of Enersys by 239.7% in the 4th quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 151 shares during the period. Finally, Leonteq Securities AG acquired a new stake in shares of Enersys in the 4th quarter valued at about $37,000. 94.93% of the stock is currently owned by institutional investors and hedge funds.

Enersys Stock Performance

NYSE ENS opened at $186.04 on Monday. The company has a quick ratio of 1.76, a current ratio of 2.66 and a debt-to-equity ratio of 0.57. Enersys has a 52-week low of $88.76 and a 52-week high of $244.30. The business’s 50-day moving average price is $214.79 and its 200 day moving average price is $195.88. The firm has a market cap of $6.78 billion, a P/E ratio of 24.13, a P/E/G ratio of 1.02 and a beta of 1.19.

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

Enersys Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Friday, June 19th were issued a $0.2625 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.6%. Enersys’s payout ratio is presently 13.62%.

Analyst Upgrades and Downgrades

Several research firms have commented on ENS. TD Cowen lifted their price target on Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Roth Capital reissued a “buy” rating and issued a $265.00 price objective on shares of Enersys in a report on Friday, May 22nd. BTIG Research raised their target price on shares of Enersys from $250.00 to $280.00 and gave the stock a “buy” rating in a research report on Friday, June 12th. Wall Street Zen cut shares of Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Finally, Oppenheimer upped their price target on shares of Enersys from $210.00 to $250.00 and gave the company an “outperform” rating in a research report on Friday, May 22nd. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average 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.