Globeflex Capital L P Takes Position in Enersys $ENS

Globeflex Capital L P acquired 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 acquired 54,162 shares of the industrial products company’s stock, valued at approximately $12,664,000. Enersys comprises approximately 1.6% of Globeflex Capital L P’s holdings, making the stock its 8th largest holding. Globeflex Capital L P owned about 0.15% of Enersys as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. QRG Capital Management Inc. lifted its stake in Enersys by 454.5% in the fourth 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 during the last quarter. Principal Financial Group Inc. increased its position in Enersys by 10.1% in the first quarter. Principal Financial Group Inc. now owns 551,045 shares of the industrial products company’s stock worth $95,728,000 after buying an additional 50,660 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Enersys by 6.8% in the first quarter. Bank of America Corp DE now owns 459,504 shares of the industrial products company’s stock valued at $79,825,000 after buying an additional 29,364 shares during the period. Renaissance Technologies LLC purchased a new stake in Enersys in the 1st quarter worth about $10,319,000. Finally, Maverick Capital Ltd. bought a new position in Enersys during the first quarter worth about $1,485,000. Institutional investors own 94.93% of the company’s stock.

Enersys Stock Performance

NYSE:ENS opened at $189.73 on Monday. The stock has a market cap of $6.84 billion, a P/E ratio of 20.31, a PEG ratio of 0.94 and a beta of 1.19. The company has a quick ratio of 1.83, a current ratio of 2.80 and a debt-to-equity ratio of 0.51. The business’s 50-day moving average price is $203.39 and its two-hundred day moving average price is $197.87. Enersys has a twelve month low of $98.44 and a twelve month high of $244.30.

Enersys (NYSE:ENS) last issued its quarterly earnings data on Wednesday, August 12th. The industrial products company reported $3.66 EPS for the quarter, topping the consensus estimate of $2.83 by $0.83. The company had revenue of $935.64 million during the quarter, compared to analyst estimates of $928.01 million. Enersys had a return on equity of 24.02% and a net margin of 9.29%.Enersys’s revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.08 earnings per share. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. As a group, equities analysts predict that Enersys will post 13.41 EPS for the current fiscal year.

Enersys Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 18th will be paid a $0.2875 dividend. The ex-dividend date of this dividend is Friday, September 18th. This represents a $1.15 dividend on an annualized basis and a yield of 0.6%. This is a boost from Enersys’s previous quarterly dividend of $0.26. Enersys’s dividend payout ratio is presently 11.24%.

Wall Street Analysts Forecast Growth

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

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.