Hill City Capital LP bought a new stake in Enersys (NYSE:ENS – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 190,000 shares of the industrial products company’s stock, valued at approximately $44,426,000. Enersys comprises 1.1% of Hill City Capital LP’s portfolio, making the stock its 20th largest position.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in ENS. Sanctuary Advisors LLC bought a new position in Enersys during the 2nd quarter worth approximately $1,319,000. Globeflex Capital L P acquired a new position in shares of Enersys in the 2nd quarter worth approximately $12,664,000. Compass Financial Management LLC bought a new stake in shares of Enersys in the 2nd quarter valued at $1,340,000. Quantbot Technologies LP bought a new stake in shares of Enersys in the 2nd quarter valued at $39,000. Finally, De Lisle Partners LLP acquired a new stake in shares of Enersys during the second quarter worth $3,507,000. Institutional investors and hedge funds own 94.93% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on the stock. Weiss Ratings downgraded shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. Oppenheimer reaffirmed an “outperform” rating on shares of Enersys in a research report on Friday, August 14th. BTIG Research reiterated a “buy” rating and set a $280.00 price target on shares of Enersys in a report on Thursday, August 13th. Roth Capital reissued a “buy” rating and issued a $265.00 price objective on shares of Enersys in a research report on Friday, May 22nd. Finally, Zacks Research raised Enersys from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 18th. One research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $265.00.
Enersys Stock Performance
Shares of Enersys stock opened at $189.73 on Monday. The business has a 50-day simple moving average of $203.39 and a 200 day simple moving average of $197.87. Enersys has a one year low of $98.44 and a one year 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 price-to-earnings ratio of 20.31, a PEG ratio of 0.94 and a beta of 1.19.
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 firm had revenue of $935.64 million during the quarter, compared to analysts’ expectations of $928.01 million. Enersys had a return on equity of 24.02% and a net margin of 9.29%.The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter last year, the firm posted $2.08 earnings per share. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. On average, research 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. Stockholders of record on Friday, September 18th will be paid a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, September 18th. This is a positive change from Enersys’s previous quarterly dividend of $0.26. 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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