Emerald Investment Advisers LLC purchased a new position in shares of Enersys (NYSE:ENS - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,533 shares of the industrial products company's stock, valued at approximately $3,632,000.
A number of other institutional investors have also recently made changes to their positions in the business. EP Wealth Advisors LLC purchased a new stake in Enersys during the 2nd quarter worth approximately $725,000. Ieq Capital LLC purchased a new position in Enersys in the 2nd quarter valued at approximately $6,965,000. Allworth Financial LP purchased a new position in Enersys in the 2nd quarter valued at approximately $140,000. Ceredex Value Advisors LLC acquired a new position in shares of Enersys in the second quarter worth $12,246,000. Finally, Advisors Preferred LLC acquired a new position in shares of Enersys in the second quarter worth $1,488,000. Institutional investors and hedge funds own 94.93% of the company's stock.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on ENS. Oppenheimer reiterated an "outperform" rating on shares of Enersys in a research note on Friday, August 14th. BTIG Research reaffirmed a "buy" rating and issued a $280.00 price target on shares of Enersys in a research report on Thursday, August 13th. Roth Capital reiterated a "buy" rating and issued a $265.00 price objective on shares of Enersys in a research note on Friday, May 22nd. Zacks Research raised Enersys from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 18th. Finally, Wall Street Zen raised shares of Enersys from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 15th. One investment analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $265.00.
Check Out Our Latest Analysis on Enersys
Enersys Stock 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 company has a debt-to-equity ratio of 0.51, a current ratio of 2.80 and a quick ratio of 1.83. The firm has a market capitalization 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. The business's fifty day moving average price is $203.39 and its 200 day moving average price is $197.78.
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, topping analysts' consensus estimates 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%.Enersys's revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the business earned $2.08 EPS. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. On average, sell-side analysts anticipate that Enersys will post 13.41 earnings per share for the current fiscal 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 paid a dividend of $0.2875 per share. The ex-dividend date is Friday, September 18th. This is a positive change from Enersys's previous quarterly dividend of $0.26. This represents a $1.15 annualized dividend and a yield of 0.6%. Enersys's dividend payout ratio (DPR) is presently 11.24%.
Enersys Profile
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Free Report)
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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