Public Employees Retirement System of Ohio Invests $15.40 Million in Enersys $ENS

Public Employees Retirement System of Ohio acquired a new position in Enersys (NYSE:ENS) during the 2nd quarter, HoldingsChannel reports. The fund acquired 65,868 shares of the industrial products company’s stock, valued at approximately $15,401,000.

Several other large investors have also bought and sold shares of ENS. CIBC Private Wealth Group LLC grew its position in shares of Enersys by 116.7% in the 4th 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 during the last quarter. Allworth Financial LP lifted its stake in shares of Enersys by 442.2% in the third quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 199 shares during the period. Los Angeles Capital Management LLC bought a new stake in Enersys in the fourth quarter valued at approximately $30,000. SBI Securities Co. Ltd. boosted its holdings in Enersys by 239.7% in the fourth 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. Finally, Global Retirement Partners LLC acquired a new stake in Enersys during the 2nd quarter valued at approximately $34,000. 94.93% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ENS has been the subject of several analyst reports. TD Cowen raised their price target on shares of Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Weiss Ratings cut shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 26th. Wall Street Zen raised shares of Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. Oppenheimer restated an “outperform” rating on shares of Enersys in a report on Friday, August 14th. Finally, BTIG Research reiterated a “buy” rating and set a $280.00 price target on shares of Enersys in a report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, Enersys presently has a consensus rating of “Buy” and an average price target of $265.00.

Enersys Price Performance

Shares of ENS opened at $185.28 on Monday. The firm has a market cap of $6.68 billion, a PE ratio of 19.84, a price-to-earnings-growth ratio of 0.92 and a beta of 1.19. Enersys has a 52-week low of $98.46 and a 52-week high of $244.30. The business’s 50 day moving average price is $199.58 and its two-hundred day moving average price is $198.35. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.83 and a current ratio of 2.80.

Enersys (NYSE:ENS) last announced 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. Enersys had a net margin of 9.29% and a return on equity of 24.02%. The company had revenue of $935.64 million during the quarter, compared to the consensus estimate of $928.01 million. During the same quarter last year, the firm posted $2.08 EPS. The company’s quarterly revenue was up 4.8% on a year-over-year basis. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. On average, equities analysts anticipate that Enersys will post 13.41 EPS for the current 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. This represents a $1.15 annualized dividend and a yield of 0.6%. This is an increase from Enersys’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Friday, September 18th. Enersys’s payout ratio is presently 12.31%.

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.