Deutsche Bank AG Purchases Shares of 50,396 Enersys $ENS

Key Points

• Deutsche Bank acquired 50,396 Enersys shares worth approximately $11.8 million in the second quarter, giving it a 0.14% stake. Institutional investors collectively own 94.93% of ENS shares.
• Analysts remain broadly bullish, with Enersys carrying a consensus “Buy” rating and an average price target of $265. Zacks Research upgraded the stock to “Strong Buy,” while several firms reiterated buy ratings.
• Enersys exceeded quarterly earnings expectations, reporting $3.66 in EPS and $935.64 million in revenue. The company also raised its quarterly dividend to $0.2875 per share, equivalent to a 0.6% annual yield.

Deutsche Bank AG acquired a new position in shares of Enersys (NYSE:ENS - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 50,396 shares of the industrial products company's stock, valued at approximately $11,784,000. Deutsche Bank AG owned about 0.14% of Enersys at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of ENS. Trust Co. of Vermont bought a new stake in Enersys during the second quarter worth about $57,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Enersys in the second quarter valued at approximately $58,000. Horizon Investment Services LLC bought a new position in Enersys in the second quarter valued at approximately $585,000. Global Retirement Partners LLC acquired a new position in shares of Enersys during the 2nd quarter worth approximately $34,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Enersys during the 2nd quarter worth approximately $69,388,000. Institutional investors and hedge funds own 94.93% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on ENS shares. Zacks Research raised Enersys from a "hold" rating to a "strong-buy" rating in a report on Tuesday, August 18th. Roth Capital restated a "buy" rating and set a $265.00 target price on shares of Enersys in a report on Friday, May 22nd. BTIG Research reaffirmed a "buy" rating and set a $280.00 price target on shares of Enersys in a research report on Thursday, August 13th. TD Cowen upped their price target 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. Finally, Weiss Ratings cut shares of Enersys from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. Based on data from MarketBeat.com, Enersys has an average rating of "Buy" and a consensus target price of $265.00.

Enersys Price Performance

NYSE:ENS opened at $189.73 on Friday. Enersys has a 12-month low of $98.44 and a 12-month high of $244.30. The firm has a market capitalization of $6.84 billion, a price-to-earnings ratio of 20.31, a P/E/G ratio of 0.94 and a beta of 1.19. The stock's 50 day moving average price is $203.39 and its two-hundred day moving average price is $197.78. 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 - Get Free Report) last issued 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. The company had revenue of $935.64 million during the quarter, compared to the consensus estimate of $928.01 million. Enersys had a return on equity of 24.02% and a net margin of 9.29%.The firm's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.08 EPS. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. On average, analysts anticipate that Enersys will post 13.41 earnings per share for the current year.

Enersys Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 18th will be given a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a yield of 0.6%. 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. Enersys's dividend payout ratio (DPR) is presently 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.

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