Hsbc Holdings PLC Has $3.11 Million Position in Enersys $ENS

Hsbc Holdings PLC boosted its position in Enersys (NYSE:ENSFree Report) by 70.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,150 shares of the industrial products company’s stock after purchasing an additional 8,730 shares during the quarter. Hsbc Holdings PLC’s holdings in Enersys were worth $3,114,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. increased its position in Enersys by 98.3% during the 4th quarter. Pacer Advisors Inc. now owns 9,795 shares of the industrial products company’s stock worth $1,437,000 after buying an additional 4,855 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in shares of Enersys by 11.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 11,614 shares of the industrial products company’s stock valued at $1,704,000 after acquiring an additional 1,212 shares in the last quarter. State of Tennessee Department of Treasury grew its stake in shares of Enersys by 22.7% in the fourth quarter. State of Tennessee Department of Treasury now owns 21,129 shares of the industrial products company’s stock valued at $3,101,000 after acquiring an additional 3,903 shares in the last quarter. EP Wealth Advisors LLC bought a new position in Enersys during the fourth quarter worth about $363,000. Finally, Empowered Funds LLC increased its position in Enersys by 49.0% during the fourth quarter. Empowered Funds LLC now owns 3,338 shares of the industrial products company’s stock worth $490,000 after acquiring an additional 1,098 shares during the period. 94.93% of the stock is owned by institutional investors and hedge funds.

Enersys Trading Down 0.6%

Shares of ENS stock opened at $220.65 on Monday. The stock’s fifty day moving average price is $223.47 and its two-hundred day moving average price is $187.00. The company has a market cap of $8.06 billion, a PE ratio of 28.62, a P/E/G ratio of 1.22 and a beta of 1.17. Enersys has a fifty-two week low of $85.00 and a fifty-two week high of $244.30. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.76 and a current ratio of 2.66.

Enersys (NYSE:ENSGet Free Report) last posted its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $3.19 EPS for the quarter, topping analysts’ consensus estimates of $3.00 by $0.19. Enersys had a return on equity of 21.39% and a net margin of 7.83%.The company had revenue of $987.94 million during the quarter, compared to analysts’ expectations of $973.84 million. During the same quarter in the previous year, the firm earned $2.97 EPS. Enersys’s revenue was up 1.4% on a year-over-year basis. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Equities analysts predict that Enersys will post 12.1 EPS for the current fiscal year.

Enersys Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Friday, June 19th will be paid a dividend of $0.2625 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.05 annualized dividend and a yield of 0.5%. Enersys’s payout ratio is presently 13.62%.

Analyst Upgrades and Downgrades

ENS has been the subject of a number of recent research reports. Weiss Ratings downgraded shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday. BTIG Research raised their target price on shares of Enersys from $250.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, June 12th. Roth Mkm reiterated a “buy” rating and issued a $265.00 price target on shares of Enersys in a research report on Friday, May 22nd. TD Cowen boosted their price target on Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Finally, Oppenheimer increased their price target on Enersys from $210.00 to $250.00 and gave the stock an “outperform” rating in a research report on Friday, May 22nd. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $265.00.

View Our Latest Analysis on ENS

About Enersys

(Free Report)

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.

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Institutional Ownership by Quarter for Enersys (NYSE:ENS)

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