Corient Private Wealth LP Takes $17.47 Million Position in Enersys $ENS

Corient Private Wealth LP purchased a new stake in Enersys (NYSE:ENS) in the 2nd quarter, HoldingsChannel reports. The firm purchased 74,716 shares of the industrial products company’s stock, valued at approximately $17,470,000.

A number of other hedge funds have also recently added to or reduced their stakes in ENS. BlackRock Inc. bought a new stake in Enersys in the second quarter worth approximately $1,221,455,000. Dimensional Fund Advisors LP raised its holdings in shares of Enersys by 1.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,627,245 shares of the industrial products company’s stock valued at $238,802,000 after purchasing an additional 30,760 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Enersys by 5.9% during the 3rd quarter. Invesco Ltd. now owns 1,158,838 shares of the industrial products company’s stock valued at $130,902,000 after purchasing an additional 64,503 shares in the last quarter. Boston Partners lifted its stake in shares of Enersys by 4.7% in the 3rd quarter. Boston Partners now owns 680,174 shares of the industrial products company’s stock valued at $76,973,000 after purchasing an additional 30,767 shares during the last quarter. Finally, AQR Capital Management LLC lifted its stake in shares of Enersys by 30.3% in the 3rd quarter. AQR Capital Management LLC now owns 652,128 shares of the industrial products company’s stock valued at $72,986,000 after purchasing an additional 151,589 shares during the last quarter. Institutional investors and hedge funds own 94.93% of the company’s stock.

Enersys Stock Performance

Shares of NYSE ENS opened at $185.28 on Friday. 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 is $199.58 and its two-hundred day moving average is $198.19. The company has a market cap of $6.68 billion, a P/E ratio of 19.84, a P/E/G ratio of 0.95 and a beta of 1.19. Enersys has a 12 month low of $98.46 and a 12 month high of $244.30.

Enersys (NYSE:ENS) last posted its quarterly earnings data on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share for the quarter, beating the consensus estimate of $2.83 by $0.83. The company had revenue of $935.64 million during the quarter, compared to analysts’ expectations of $928.01 million. Enersys had a return on equity of 24.02% and a net margin of 9.29%.Enersys’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the business earned $2.08 earnings per share. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. On average, equities analysts expect 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 issued a $0.2875 dividend. This is a boost from Enersys’s previous quarterly dividend of $0.26. 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%. Enersys’s payout ratio is currently 11.24%.

Wall Street Analysts Forecast Growth

Several research firms have commented on ENS. Weiss Ratings downgraded shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 26th. Roth Capital reiterated a “buy” rating and set a $265.00 price target on shares of Enersys in a research note on Friday, May 22nd. Wall Street Zen raised Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 15th. Zacks Research raised Enersys from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 18th. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. According to MarketBeat.com, Enersys currently has an average rating of “Buy” and an average 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.