Jupiter Topco LLC Buys New Position in Enersys $ENS

Key Points

• Jupiter Topco LLC acquired 95,092 Enersys shares worth approximately $22.2 million, representing about 0.26% of the company. Other institutions also initiated positions, with institutional investors and hedge funds owning 94.93% of the stock.
• Analysts remain bullish, with Enersys receiving a consensus “Buy” rating and an average price target of $265; several firms recently upgraded the stock to “Strong Buy.”
• Enersys exceeded quarterly earnings expectations, reporting $3.66 in EPS versus $2.83 expected, while revenue rose 4.8% year over year. The company also increased its quarterly dividend to $0.2875 per share, although the stock was recently trading down 3.0% at $185.28.

Jupiter Topco LLC purchased a new position in shares of Enersys (NYSE:ENS - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 95,092 shares of the industrial products company's stock, valued at approximately $22,234,000. Jupiter Topco LLC owned approximately 0.26% of Enersys at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in ENS. Hsbc Holdings PLC bought a new position in shares of Enersys in the second quarter valued at approximately $16,856,000. EFG International AG bought a new stake in Enersys during the second quarter worth approximately $5,180,000. Legal & General Group Plc bought a new stake in Enersys during the second quarter worth approximately $12,327,000. The Manufacturers Life Insurance Company acquired a new stake in Enersys in the second quarter worth approximately $8,134,000. Finally, Paradigm Capital Management Inc. NY acquired a new stake in Enersys in the second quarter worth approximately $102,249,000. 94.93% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Wall Street Zen upgraded Enersys from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 15th. TD Cowen upped their price objective on Enersys from $220.00 to $265.00 and gave the company a "buy" rating in a report on Thursday, May 21st. Roth Capital reaffirmed a "buy" rating and set a $265.00 target price on shares of Enersys in a research note on Friday, May 22nd. Oppenheimer reaffirmed an "outperform" rating on shares of Enersys in a report on Friday, August 14th. Finally, Zacks Research upgraded shares of Enersys from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $265.00.

Enersys Trading Down 3.0%

Enersys stock opened at $185.28 on Friday. The firm has a market cap of $6.68 billion, a price-to-earnings ratio of 19.84, a price-to-earnings-growth ratio of 0.95 and a beta of 1.19. Enersys has a 1 year low of $98.46 and a 1 year high of $244.30. 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 (NYSE:ENS - Get Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The industrial products company reported $3.66 EPS for the quarter, beating 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%.The company's quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.08 EPS. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. On average, research analysts predict that Enersys will post 13.41 EPS for the current fiscal 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 issued a dividend of $0.2875 per share. This is a positive change from Enersys's previous quarterly dividend of $0.26. This represents a $1.15 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, September 18th. Enersys's dividend payout ratio (DPR) is currently 11.24%.

About Enersys

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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