Hsbc Holdings PLC bought a new position in Enersys (NYSE:ENS – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 72,021 shares of the industrial products company’s stock, valued at approximately $16,856,000. Hsbc Holdings PLC owned about 0.20% of Enersys at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Global Retirement Partners LLC bought a new stake in shares of Enersys in the 2nd quarter worth approximately $34,000. Quantbot Technologies LP bought a new position in shares of Enersys during the 2nd quarter valued at $39,000. CIBC Private Wealth Group LLC raised its position in Enersys by 116.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 98 shares during the period. Los Angeles Capital Management LLC purchased a new position in Enersys in the 4th quarter worth $30,000. Finally, SBI Securities Co. Ltd. lifted its stake in Enersys by 239.7% in the fourth quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 151 shares during the last quarter. 94.93% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several analysts have issued reports on the stock. Roth Capital restated a “buy” rating and set a $265.00 price target on shares of Enersys in a research report on Friday, May 22nd. Weiss Ratings lowered Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. Oppenheimer restated an “outperform” rating on shares of Enersys in a report on Friday, August 14th. Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. Finally, Zacks Research raised Enersys from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 18th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $265.00.
Enersys Price Performance
ENS stock opened at $190.99 on Friday. The stock has a market capitalization of $6.89 billion, a price-to-earnings ratio of 20.45, a PEG ratio of 0.96 and a beta of 1.19. The firm’s 50-day moving average price is $200.43 and its two-hundred day moving average price is $198.28. The company has a current ratio of 2.80, a quick ratio of 1.83 and a debt-to-equity ratio of 0.51. Enersys has a 12-month low of $98.46 and a 12-month high of $244.30.
Enersys (NYSE:ENS – Get Free Report) last announced its quarterly earnings results on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.83 by $0.83. Enersys had a return on equity of 24.02% and a net margin of 9.29%.The company had revenue of $935.64 million for the quarter, compared to the consensus estimate of $928.01 million. During the same quarter in the previous year, the business earned $2.08 EPS. Enersys’s revenue 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, equities analysts predict 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 will be paid on Friday, October 2nd. Investors of record on Friday, September 18th will be issued a dividend of $0.2875 per share. This is a boost from Enersys’s previous quarterly dividend of $0.26. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, September 18th. Enersys’s dividend payout ratio is currently 12.31%.
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.
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