Convergence Investment Partners LLC Acquires 3,332 Shares of Enersys $ENS

Convergence Investment Partners LLC raised its holdings in shares of Enersys (NYSE:ENS) by 32.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,546 shares of the industrial products company’s stock after purchasing an additional 3,332 shares during the period. Convergence Investment Partners LLC’s holdings in Enersys were worth $2,353,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. United Services Automobile Association bought a new position in Enersys during the 1st quarter valued at about $240,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Enersys by 9.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 113,770 shares of the industrial products company’s stock worth $10,419,000 after acquiring an additional 9,737 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in shares of Enersys during the second quarter valued at approximately $4,623,000. EverSource Wealth Advisors LLC raised its holdings in shares of Enersys by 626.3% during the second quarter. EverSource Wealth Advisors LLC now owns 552 shares of the industrial products company’s stock valued at $47,000 after purchasing an additional 476 shares during the last quarter. Finally, Cerity Partners LLC bought a new position in Enersys during the second quarter valued at approximately $460,000. Institutional investors own 94.93% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on ENS shares. Wall Street Zen cut shares of Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday. Roth Capital reiterated a “buy” rating and set a $265.00 target price on shares of Enersys in a research note on Friday, May 22nd. TD Cowen increased their price target on Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Weiss Ratings downgraded Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. Finally, BTIG Research lifted their price objective on Enersys from $250.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, June 12th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $265.00.

Enersys Price Performance

Shares of NYSE:ENS opened at $192.43 on Tuesday. The company has a quick ratio of 1.76, a current ratio of 2.66 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $7.02 billion, a PE ratio of 24.96, a price-to-earnings-growth ratio of 1.08 and a beta of 1.17. The firm’s 50 day moving average price is $221.89 and its 200-day moving average price is $193.58. Enersys has a twelve month low of $88.38 and a twelve month high of $244.30.

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 the consensus estimate of $3.00 by $0.19. Enersys had a net margin of 7.83% and a return on equity of 21.39%. The company had revenue of $987.94 million during the quarter, compared to analyst estimates of $973.84 million. During the same period in the previous year, the business posted $2.97 earnings per share. The firm’s quarterly revenue was up 1.4% compared to the same quarter last year. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Equities research analysts expect that Enersys will post 12.1 EPS for the current year.

Enersys Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Friday, June 19th were paid a $0.2625 dividend. This represents a $1.05 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Thursday, June 18th. Enersys’s dividend payout ratio is 13.62%.

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.