Geode Capital Management LLC Buys 23,252 Shares of Enersys $ENS

Geode Capital Management LLC grew its stake in Enersys (NYSE:ENS) by 2.4% in the second quarter, Holdings Channel.com reports. The institutional investor owned 989,020 shares of the industrial products company’s stock after buying an additional 23,252 shares during the quarter. Geode Capital Management LLC’s holdings in Enersys were worth $84,838,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in Enersys in the 2nd quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd raised its position in shares of Enersys by 2,500.0% in the first quarter. Caitong International Asset Management Co. Ltd now owns 338 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 325 shares during the period. Gen Wealth Partners Inc acquired a new stake in shares of Enersys in the first quarter worth $36,000. UMB Bank n.a. lifted its stake in shares of Enersys by 80.6% in the second quarter. UMB Bank n.a. now owns 773 shares of the industrial products company’s stock worth $66,000 after buying an additional 345 shares during the last quarter. Finally, Covestor Ltd boosted its holdings in shares of Enersys by 34.0% during the 1st quarter. Covestor Ltd now owns 1,036 shares of the industrial products company’s stock worth $95,000 after buying an additional 263 shares during the period. Institutional investors and hedge funds own 94.93% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ENS. Weiss Ratings reiterated a “buy (b)” rating on shares of Enersys in a report on Thursday, October 30th. Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 8th. Oppenheimer reissued an “outperform” rating on shares of Enersys in a research report on Friday, November 7th. Roth Capital reaffirmed a “buy” rating and issued a $120.00 price target on shares of Enersys in a research report on Tuesday, August 5th. Finally, Zacks Research upgraded Enersys from a “hold” rating to a “strong-buy” rating in a report on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $126.00.

Enersys Price Performance

Shares of Enersys stock opened at $138.17 on Friday. The firm has a market cap of $5.10 billion, a P/E ratio of 15.77, a price-to-earnings-growth ratio of 0.71 and a beta of 1.13. The firm’s 50-day simple moving average is $121.28 and its 200-day simple moving average is $102.50. Enersys has a twelve month low of $76.57 and a twelve month high of $141.81. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.91 and a current ratio of 3.00.

Enersys (NYSE:ENS) last announced its quarterly earnings results on Wednesday, November 5th. The industrial products company reported $2.56 EPS for the quarter, topping analysts’ consensus estimates of $2.36 by $0.20. Enersys had a net margin of 9.60% and a return on equity of 21.99%. The firm had revenue of $951.30 million during the quarter, compared to analysts’ expectations of $890.27 million. During the same quarter last year, the company earned $2.12 earnings per share. The company’s revenue for the quarter was up 7.6% compared to the same quarter last year. Enersys has set its Q3 2026 guidance at 2.710-2.81 EPS. As a group, research analysts expect that Enersys will post 9.99 EPS for the current fiscal year.

Enersys Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Friday, December 12th will be given a $0.2625 dividend. This represents a $1.05 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, December 12th. Enersys’s dividend payout ratio is 12.28%.

Enersys Company Profile

EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.