Compass Financial Management LLC Buys Shares of 5,741 Enersys $ENS

Compass Financial Management LLC bought a new position in Enersys (NYSE:ENS) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,741 shares of the industrial products company’s stock, valued at approximately $1,340,000.

Other hedge funds have also modified their holdings of the company. QRG Capital Management Inc. raised its stake in shares of Enersys by 454.5% during the 4th quarter. QRG Capital Management Inc. now owns 10,308 shares of the industrial products company’s stock worth $1,513,000 after acquiring an additional 8,449 shares in the last quarter. Principal Financial Group Inc. boosted its stake 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 valued at $95,728,000 after acquiring an additional 50,660 shares in the last quarter. M&T Bank Corp acquired a new stake in Enersys in the fourth quarter valued at approximately $11,963,000. Bank of America Corp DE grew its holdings in 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 worth $79,825,000 after purchasing an additional 29,364 shares during the last quarter. Finally, Renaissance Technologies LLC purchased a new position in Enersys in the first quarter worth $10,319,000. 94.93% of the stock is owned by hedge funds and other institutional investors.

Enersys Trading Down 0.1%

Shares of Enersys stock opened at $189.73 on Friday. The firm’s 50 day simple moving average is $203.39 and its two-hundred day simple moving average is $197.78. The firm has a market capitalization of $6.84 billion, a price-to-earnings ratio of 20.31, a PEG ratio of 0.94 and a beta of 1.19. Enersys has a 12-month low of $98.44 and a 12-month high of $244.30. 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 posted 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 business had revenue of $935.64 million during the quarter, compared to the consensus estimate of $928.01 million. Enersys had a net margin of 9.29% and a return on equity of 24.02%. The business’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.08 earnings per share. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Analysts predict that Enersys will post 13.41 EPS for the current year.

Enersys Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 18th will be given a dividend of $0.2875 per share. 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 an increase from Enersys’s previous quarterly dividend of $0.26. Enersys’s payout ratio is presently 11.24%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on ENS shares. Oppenheimer reiterated an “outperform” rating on shares of Enersys in a report on Friday, August 14th. Zacks Research upgraded Enersys from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 18th. BTIG Research reaffirmed a “buy” rating and set a $280.00 target price on shares of Enersys in a research report on Thursday, August 13th. Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. Finally, TD Cowen raised their price target on Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, Enersys has a consensus rating of “Buy” and a consensus price target 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.