Maverick Capital Ltd. Invests $1.49 Million in Enersys $ENS

Maverick Capital Ltd. bought a new position in shares of Enersys (NYSE:ENS) in the first quarter, HoldingsChannel reports. The fund bought 8,546 shares of the industrial products company’s stock, valued at approximately $1,485,000.

Several other large investors have also recently bought and sold shares of the business. CIBC Private Wealth Group LLC raised its stake in Enersys by 116.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock valued at $27,000 after buying an additional 98 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Enersys during the 4th quarter worth about $30,000. SBI Securities Co. Ltd. increased its holdings in shares of Enersys by 239.7% in the 4th quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 151 shares during the last quarter. Allworth Financial LP increased its holdings in shares of Enersys by 442.2% in the 3rd quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 199 shares during the last quarter. Finally, Leonteq Securities AG acquired a new stake in shares of Enersys during the 4th quarter worth about $37,000. Hedge funds and other institutional investors own 94.93% of the company’s stock.

Enersys Stock Down 0.2%

ENS opened at $190.38 on Tuesday. The business’s 50-day simple moving average is $218.23 and its 200-day simple moving average is $195.17. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.76 and a current ratio of 2.66. Enersys has a one year low of $88.76 and a one year high of $244.30. The stock has a market capitalization of $6.94 billion, a P/E ratio of 24.69, a price-to-earnings-growth ratio of 1.05 and a beta of 1.17.

Enersys (NYSE:ENS) last announced its earnings results on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.00 by $0.19. The firm had revenue of $987.94 million during the quarter, compared to analysts’ expectations of $973.84 million. Enersys had a return on equity of 21.39% and a net margin of 7.83%.The business’s revenue was up 1.4% on a year-over-year basis. During the same period in the prior year, the firm earned $2.97 EPS. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Analysts anticipate that Enersys will post 12.1 EPS for the current year.

Enersys Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Friday, June 19th were paid a $0.2625 dividend. The ex-dividend date was Thursday, June 18th. This represents a $1.05 dividend on an annualized basis and a yield of 0.6%. Enersys’s payout ratio is currently 13.62%.

Analysts Set New Price Targets

Several research firms recently weighed in on ENS. Oppenheimer boosted their target price on Enersys from $210.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, May 22nd. Wall Street Zen lowered shares of Enersys from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. Roth Capital reissued a “buy” rating and set a $265.00 price objective on shares of Enersys in a report on Friday, May 22nd. TD Cowen boosted their price objective on shares of Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Finally, BTIG Research upped their target price on shares of Enersys from $250.00 to $280.00 and gave the company a “buy” rating in a report on Friday, June 12th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate 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.