29,788 Shares in Enersys $ENS Bought by Ieq Capital LLC

Ieq Capital LLC purchased a new stake in shares of Enersys (NYSE:ENS) in the second quarter, Holdings Channel reports. The firm purchased 29,788 shares of the industrial products company’s stock, valued at approximately $6,965,000.

Several other institutional investors have also added to or reduced their stakes in ENS. Allworth Financial LP purchased a new position in shares of Enersys in the second quarter valued at about $140,000. Ceredex Value Advisors LLC purchased a new stake in shares of Enersys during the second quarter worth about $12,246,000. Advisors Preferred LLC purchased a new stake in shares of Enersys during the second quarter worth about $1,488,000. Vise Technologies Inc. bought a new stake in shares of Enersys in the second quarter worth about $863,000. Finally, Csenge Advisory Group purchased a new position in Enersys during the 2nd quarter valued at about $220,000. Hedge funds and other institutional investors own 94.93% of the company’s stock.

Enersys Stock Down 0.0%

ENS stock opened at $189.73 on Monday. The business has a 50 day moving average of $203.39 and a 200 day moving average of $197.87. The firm has a market cap of $6.84 billion, a PE ratio of 20.31, a price-to-earnings-growth ratio of 0.94 and a beta of 1.19. Enersys has a twelve month low of $98.44 and a twelve month high of $244.30. The company has a quick ratio of 1.83, a current ratio of 2.80 and a debt-to-equity ratio of 0.51.

Enersys (NYSE:ENS) last released its earnings results on Wednesday, August 12th. The industrial products company reported $3.66 EPS for the quarter, topping the consensus estimate of $2.83 by $0.83. Enersys had a return on equity of 24.02% and a net margin of 9.29%.The business had revenue of $935.64 million for the quarter, compared to the consensus estimate of $928.01 million. During the same period in the previous year, the company posted $2.08 earnings per share. The company’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. On average, research analysts forecast that Enersys will post 13.41 EPS for the current fiscal year.

Enersys Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 18th will be given a dividend of $0.2875 per share. This is a positive change 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 annualized dividend and a yield of 0.6%. Enersys’s payout ratio is currently 11.24%.

Wall Street Analyst Weigh In

ENS has been the subject of a number of recent analyst reports. Weiss Ratings lowered Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 26th. Roth Capital reiterated a “buy” rating and issued a $265.00 price objective on shares of Enersys in a research report on Friday, May 22nd. TD Cowen boosted their target price on Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 15th. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of Enersys in a research note on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. According to data from MarketBeat.com, Enersys currently has an average rating of “Buy” and an average target price 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.