Jefferies Financial Group Inc. Takes Position in Enersys $ENS

Key Points

• Jefferies Financial Group acquired 5,800 Enersys shares worth approximately $1.36 million in the second quarter. Institutional investors and hedge funds collectively own 94.93% of the company.
• Analysts maintain a favorable outlook, with the stock receiving one Strong Buy and five Buy ratings. The consensus price target is $265, with targets including $280 from BTIG Research.
• Enersys exceeded quarterly expectations, reporting $3.66 in earnings per share versus the $2.83 consensus and revenue of $935.64 million. The company also raised its quarterly dividend to $0.2875 per share, a 10.6% increase.

Jefferies Financial Group Inc. bought a new position in Enersys (NYSE:ENS - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,800 shares of the industrial products company's stock, valued at approximately $1,356,000.

Other institutional investors have also bought and sold shares of the company. BlackRock Inc. bought a new position in shares of Enersys during the second quarter valued at $1,221,455,000. Dimensional Fund Advisors LP lifted its holdings in Enersys by 1.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,627,245 shares of the industrial products company's stock valued at $238,802,000 after purchasing an additional 30,760 shares during the last quarter. Invesco Ltd. lifted its holdings in Enersys by 5.9% during the 3rd quarter. Invesco Ltd. now owns 1,158,838 shares of the industrial products company's stock valued at $130,902,000 after purchasing an additional 64,503 shares during the last quarter. Boston Partners boosted its position in Enersys by 4.7% in the third quarter. Boston Partners now owns 680,174 shares of the industrial products company's stock valued at $76,973,000 after buying an additional 30,767 shares in the last quarter. Finally, AQR Capital Management LLC grew its stake in Enersys by 30.3% during the third quarter. AQR Capital Management LLC now owns 652,128 shares of the industrial products company's stock worth $72,986,000 after buying an additional 151,589 shares during the last quarter. Institutional investors and hedge funds own 94.93% of the company's stock.

Analysts Set New Price Targets

A number of research firms have commented on ENS. Weiss Ratings lowered Enersys from a "buy (b)" rating to a "buy (b-)" rating in a research note on Friday, June 26th. Roth Capital reiterated a "buy" rating and set a $265.00 price target on shares of Enersys in a research report on Friday, May 22nd. Zacks Research raised shares of Enersys from a "hold" rating to a "strong-buy" rating in a report on Tuesday, August 18th. Oppenheimer reaffirmed an "outperform" rating on shares of Enersys in a research note on Friday, August 14th. Finally, BTIG Research reissued a "buy" rating and issued a $280.00 price target on shares of Enersys in a report on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $265.00.

Enersys Price Performance

Shares of ENS stock opened at $185.28 on Friday. The firm's 50 day moving average price is $199.58 and its two-hundred day moving average price is $198.19. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.83 and a current ratio of 2.80. Enersys has a 52-week low of $98.46 and a 52-week high of $244.30. The stock has a market cap of $6.68 billion, a PE ratio of 19.84, a PEG ratio of 0.92 and a beta of 1.19.

Enersys (NYSE:ENS - Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share for the quarter, beating analysts' consensus estimates of $2.83 by $0.83. The company had revenue of $935.64 million for 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 quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.08 EPS. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. As a group, analysts forecast that Enersys will post 13.41 EPS for the current year.

Enersys Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 18th will be given a dividend of $0.2875 per share. This represents a $1.15 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Friday, September 18th. This is an increase from Enersys's previous quarterly dividend of $0.26. Enersys's dividend payout ratio is presently 11.24%.

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.

Want to see what other hedge funds are holding ENS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Enersys (NYSE:ENS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.