Globeflex Capital L P Makes New Investment in Enersys $ENS

Globeflex Capital L P acquired a new position in Enersys (NYSE:ENS) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 54,162 shares of the industrial products company’s stock, valued at approximately $12,664,000. Enersys makes up 1.6% of Globeflex Capital L P’s investment portfolio, making the stock its 8th biggest holding.

Other institutional investors have also recently modified their holdings of the company. Global Retirement Partners LLC bought a new stake in Enersys in the 2nd quarter worth approximately $34,000. Quantbot Technologies LP bought a new position in Enersys during the second quarter valued at approximately $39,000. CIBC Private Wealth Group LLC grew its position in Enersys by 116.7% during 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. Los Angeles Capital Management LLC purchased a new position in shares of Enersys during the fourth quarter worth approximately $30,000. Finally, SBI Securities Co. Ltd. raised its stake in shares of Enersys by 239.7% during the fourth quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 151 shares in the last quarter. 94.93% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Zacks Research raised shares of Enersys from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 18th. TD Cowen lifted their target price on shares of Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Oppenheimer reissued an “outperform” rating on shares of Enersys in a research note on Friday, August 14th. Weiss Ratings lowered shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 26th. Finally, Roth Capital reaffirmed a “buy” rating and set a $265.00 price objective on shares of Enersys in a research note on Friday, May 22nd. One equities research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of $265.00.

Enersys Stock Performance

Shares of ENS stock opened at $189.73 on Monday. The company has a market capitalization of $6.84 billion, a P/E ratio of 20.31, a PEG ratio of 0.94 and a beta of 1.19. Enersys has a fifty-two week low of $98.44 and a fifty-two week high of $244.30. 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 stock has a 50 day moving average price of $203.39 and a two-hundred day moving average price of $197.87.

Enersys (NYSE:ENS) last issued its earnings results on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.83 by $0.83. Enersys had a net margin of 9.29% and a return on equity of 24.02%. The firm had revenue of $935.64 million for the quarter, compared to analysts’ expectations of $928.01 million. During the same quarter last year, the business earned $2.08 earnings per share. The business’s revenue was up 4.8% on a year-over-year basis. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Analysts expect that Enersys will post 13.41 earnings per share for the current year.

Enersys Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 18th will be issued a $0.2875 dividend. This is a boost from Enersys’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Friday, September 18th. This represents a $1.15 dividend on an annualized basis and a yield of 0.6%. Enersys’s payout ratio is 11.24%.

Enersys 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.