Enersys $ENS Stock Position Lifted by Edgestream Partners L.P.

Edgestream Partners L.P. grew its holdings in shares of Enersys (NYSE:ENS) by 47.5% during the second quarter, Holdings Channel.com reports. The firm owned 38,280 shares of the industrial products company’s stock after buying an additional 12,335 shares during the quarter. Edgestream Partners L.P.’s holdings in Enersys were worth $3,283,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. ABLE Financial Group LLC bought a new position in Enersys during the 2nd quarter valued at $1,808,000. Intech Investment Management LLC lifted its holdings in shares of Enersys by 13.4% in the first quarter. Intech Investment Management LLC now owns 29,706 shares of the industrial products company’s stock valued at $2,720,000 after buying an additional 3,512 shares during the period. Entropy Technologies LP boosted its stake in Enersys by 235.6% during the second quarter. Entropy Technologies LP now owns 10,072 shares of the industrial products company’s stock valued at $864,000 after buying an additional 7,071 shares in the last quarter. EP Wealth Advisors LLC acquired a new position in Enersys during the first quarter worth about $229,000. Finally, Geode Capital Management LLC raised its position in Enersys by 2.4% in the second quarter. Geode Capital Management LLC now owns 989,020 shares of the industrial products company’s stock worth $84,838,000 after acquiring an additional 23,252 shares in the last quarter. 94.93% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Zacks Research upgraded shares of Enersys from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 10th. Wall Street Zen upgraded shares of Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 8th. Oppenheimer reaffirmed an “outperform” rating on shares of Enersys in a report on Friday, November 7th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Enersys in a research note on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $126.00.

Enersys Stock Up 0.9%

Shares of NYSE:ENS opened at $145.99 on Thursday. The firm has a 50 day simple moving average of $126.62 and a 200 day simple moving average of $105.17. Enersys has a 52 week low of $76.57 and a 52 week high of $146.17. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.73 and a current ratio of 2.77. The company has a market cap of $5.39 billion, a PE ratio of 17.07, a price-to-earnings-growth ratio of 0.92 and a beta of 1.10.

Enersys (NYSE:ENS) last posted its quarterly earnings data on Wednesday, November 5th. The industrial products company reported $2.56 earnings per share for the quarter, topping the consensus estimate of $2.36 by $0.20. Enersys had a net margin of 9.05% and a return on equity of 22.48%. The firm had revenue of $951.30 million for the quarter, compared to analysts’ expectations of $890.27 million. During the same period in the previous year, the company posted $2.12 EPS. The company’s quarterly revenue was up 7.6% compared to the same quarter last year. Enersys has set its Q3 2026 guidance at 2.710-2.81 EPS. As a group, research analysts expect that Enersys will post 9.99 earnings per share for the current year.

Enersys Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Investors of record on Friday, December 12th will be given a dividend of $0.2625 per share. This represents a $1.05 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Friday, December 12th. Enersys’s payout ratio is presently 12.28%.

About Enersys

EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.