Paradigm Capital Management Inc. NY Takes Position in Enersys $ENS

Paradigm Capital Management Inc. NY bought a new position in shares of Enersys (NYSE:ENS) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 437,300 shares of the industrial products company’s stock, valued at approximately $102,249,000. Enersys accounts for approximately 2.8% of Paradigm Capital Management Inc. NY’s holdings, making the stock its 10th largest holding.

A number of other institutional investors have also recently made changes to their positions in the stock. Global Retirement Partners LLC bought a new stake in Enersys in the second quarter valued at approximately $34,000. Quantbot Technologies LP acquired a new stake in shares of Enersys in the 2nd quarter valued at about $39,000. CIBC Private Wealth Group LLC increased its holdings in shares of Enersys by 116.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 98 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in Enersys during the 4th quarter valued at $30,000. Finally, 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 worth $31,000 after acquiring an additional 151 shares in the last quarter. Institutional investors own 94.93% of the company’s stock.

Enersys Stock Performance

NYSE:ENS opened at $187.36 on Tuesday. Enersys has a 1-year low of $98.46 and a 1-year high of $244.30. The company has a market capitalization of $6.76 billion, a price-to-earnings ratio of 20.06, a PEG ratio of 0.94 and a beta of 1.19. The business has a 50 day moving average of $202.51 and a 200 day moving average of $197.85. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.80 and a quick ratio of 1.83.

Enersys (NYSE:ENS) last released its earnings results on Wednesday, August 12th. The industrial products company reported $3.66 EPS for the quarter, beating the consensus estimate of $2.83 by $0.83. Enersys had a net margin of 9.29% and a return on equity of 24.02%. The company had revenue of $935.64 million for the quarter, compared to analyst estimates of $928.01 million. During the same quarter last year, the firm earned $2.08 EPS. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. On average, sell-side 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. Stockholders of record on Friday, September 18th will be paid a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.6%. This is a boost from Enersys’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Friday, September 18th. Enersys’s payout ratio is currently 12.31%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. BTIG Research reissued a “buy” rating and issued a $280.00 price target on shares of Enersys in a research report on Thursday, August 13th. Oppenheimer reiterated an “outperform” rating on shares of Enersys in a research note on Friday, August 14th. Zacks Research raised shares of Enersys from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 18th. Weiss Ratings lowered Enersys from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, June 26th. Finally, TD Cowen boosted their price objective on shares of Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. According to MarketBeat, Enersys currently has a consensus rating of “Buy” and an average target price 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.