Wellington Management Group LLP Makes New Investment in Enersys $ENS

Wellington Management Group LLP bought a new stake in Enersys (NYSE:ENS) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 97,908 shares of the industrial products company’s stock, valued at approximately $22,893,000. Wellington Management Group LLP owned 0.27% of Enersys as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. CIBC Private Wealth Group LLC raised its holdings in 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 period. Allworth Financial LP boosted its stake in Enersys by 442.2% during the third quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock worth $28,000 after buying an additional 199 shares during the period. Los Angeles Capital Management LLC purchased a new position in Enersys during the fourth quarter worth about $30,000. SBI Securities Co. Ltd. increased its position in shares of Enersys by 239.7% during 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 purchased a new stake in shares of Enersys in the 2nd quarter valued at approximately $34,000. 94.93% of the stock is currently owned by hedge funds and other institutional investors.

Enersys Trading Up 1.2%

Shares of NYSE:ENS opened at $182.08 on Friday. The company has a current ratio of 2.80, a quick ratio of 1.83 and a debt-to-equity ratio of 0.51. The company’s 50 day moving average is $195.27 and its two-hundred day moving average is $198.32. The company has a market cap of $6.57 billion, a PE ratio of 19.49, a P/E/G ratio of 0.90 and a beta of 1.21. Enersys has a 52 week low of $102.40 and a 52 week high of $244.30.

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

Enersys Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 18th will be issued a dividend of $0.2875 per share. The ex-dividend date of this dividend 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 yield of 0.6%. Enersys’s dividend payout ratio is 12.31%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on ENS shares. TD Cowen increased 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. Weiss Ratings lowered Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 26th. Zacks Research upgraded Enersys from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 18th. 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. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of Enersys in a research note on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to data from MarketBeat.com, the company has a consensus 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.