190,000 Shares in Enersys $ENS Purchased by Hill City Capital LP

Hill City Capital LP purchased a new position in shares of Enersys (NYSE:ENS) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 190,000 shares of the industrial products company’s stock, valued at approximately $44,425,800,000. Enersys accounts for approximately 1.0% of Hill City Capital LP’s investment portfolio, making the stock its 21st largest holding.

Several other institutional investors have also bought and sold shares of the stock. Principal Financial Group Inc. lifted its holdings in shares of Enersys by 10.1% during the first quarter. Principal Financial Group Inc. now owns 551,045 shares of the industrial products company’s stock valued at $95,728,000 after acquiring an additional 50,660 shares during the period. QRG Capital Management Inc. boosted its stake in shares of Enersys by 454.5% in the 4th quarter. QRG Capital Management Inc. now owns 10,308 shares of the industrial products company’s stock valued at $1,513,000 after purchasing an additional 8,449 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Enersys by 6.8% in the 1st quarter. Bank of America Corp DE now owns 459,504 shares of the industrial products company’s stock worth $79,825,000 after purchasing an additional 29,364 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Enersys during the 1st quarter worth about $10,319,000. Finally, Sei Investments Co. lifted its holdings in Enersys by 17.7% during the 1st quarter. Sei Investments Co. now owns 85,488 shares of the industrial products company’s stock valued at $14,850,000 after purchasing an additional 12,854 shares during the last quarter. Institutional investors and hedge funds own 94.93% of the company’s stock.

Enersys Price Performance

Shares of ENS stock opened at $190.99 on Friday. Enersys has a 1 year low of $98.46 and a 1 year high of $244.30. The firm’s 50 day moving average is $200.43 and its 200-day moving average is $198.28. The firm has a market capitalization of $6.89 billion, a price-to-earnings ratio of 20.45, a PEG ratio of 0.96 and a beta of 1.19. The company has a current ratio of 2.80, a quick ratio of 1.83 and a debt-to-equity ratio of 0.51.

Enersys (NYSE:ENS) last released its quarterly earnings results on Wednesday, August 12th. The industrial products company reported $3.66 EPS for the quarter, beating the consensus estimate of $2.83 by $0.83. Enersys had a net margin of 9.29% and a return on equity of 24.02%. The business had revenue of $935.64 million for the quarter, compared to analysts’ expectations of $928.01 million. During the same period in the prior year, the firm earned $2.08 earnings per share. Enersys’s revenue was up 4.8% compared to the same quarter last year. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Sell-side analysts forecast that Enersys will post 13.41 EPS for the current fiscal year.

Enersys Increases Dividend

The company 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. The ex-dividend date is Friday, September 18th. This is an increase from Enersys’s previous quarterly dividend of $0.26. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.6%. Enersys’s dividend payout ratio is presently 12.31%.

Analysts Set New Price Targets

Several brokerages have weighed in on ENS. Oppenheimer reaffirmed an “outperform” rating on shares of Enersys in a research note on Friday, August 14th. Wall Street Zen upgraded shares of Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. BTIG Research reissued a “buy” rating and issued a $280.00 target price on shares of Enersys in a report on Thursday, August 13th. Zacks Research raised Enersys from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 18th. Finally, Roth Capital restated a “buy” rating and set a $265.00 price target on shares of Enersys in a research report on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $265.00.

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.