Susquehanna Fundamental Investments LLC raised its position in Enersys (NYSE:ENS - Free Report) by 270.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,717 shares of the industrial products company's stock after buying an additional 18,778 shares during the quarter. Susquehanna Fundamental Investments LLC owned approximately 0.07% of Enersys worth $6,013,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors have also modified their holdings of the company. BlackRock Inc. purchased a new stake in Enersys in the 2nd quarter valued at $1,221,455,000. Norges Bank acquired a new position in Enersys in the fourth quarter valued at $78,599,000. Paradigm Capital Management Inc. NY purchased a new stake in shares of Enersys in the second quarter valued at about $102,249,000. LSV Asset Management boosted its stake in shares of Enersys by 298.9% during the fourth quarter. LSV Asset Management now owns 562,293 shares of the industrial products company's stock worth $82,516,000 after buying an additional 421,338 shares during the period. Finally, Millennium Management LLC boosted its stake in shares of Enersys by 257.8% during the third quarter. Millennium Management LLC now owns 556,771 shares of the industrial products company's stock worth $62,893,000 after buying an additional 401,167 shares during the period. 94.93% of the stock is owned by institutional investors and hedge funds.
Enersys Stock Down 0.8%
Shares of Enersys stock opened at $184.03 on Tuesday. The company has a market cap of $6.64 billion, a price-to-earnings ratio of 19.70, a price-to-earnings-growth ratio of 0.92 and a beta of 1.19. The company's 50 day moving average is $198.61 and its 200 day moving average is $198.42. Enersys has a twelve month low of $98.46 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 - Get Free Report) last posted its earnings results on Wednesday, August 12th. The industrial products company reported $3.66 EPS for the quarter, topping analysts' consensus estimates of $2.83 by $0.83. The business had revenue of $935.64 million during the quarter, compared to the consensus estimate of $928.01 million. Enersys had a net margin of 9.29% and a return on equity of 24.02%. The firm's revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.08 EPS. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Research analysts anticipate that Enersys will post 13.41 EPS for the current 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 issued a $0.2875 dividend. The ex-dividend date of this dividend is Friday, September 18th. This is an increase from Enersys's previous quarterly dividend of $0.26. This represents a $1.15 annualized dividend and a dividend yield of 0.6%. Enersys's dividend payout ratio is presently 11.24%.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on the company. TD Cowen boosted their price target on Enersys from $220.00 to $265.00 and gave the company a "buy" rating in a research report on Thursday, May 21st. Wall Street Zen raised Enersys from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 15th. BTIG Research reiterated a "buy" rating and issued a $280.00 target price on shares of Enersys in a research note on Thursday, August 13th. Oppenheimer reissued an "outperform" rating on shares of Enersys in a report on Friday, August 14th. Finally, Roth Capital restated a "buy" rating and set a $265.00 price target on shares of Enersys in a research note on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $265.00.
Get Our Latest Research Report on Enersys
Enersys Profile
(
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.
Further Reading
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