Hsbc Holdings PLC Boosts Position in Enersys $ENS

Hsbc Holdings PLC lifted its holdings in shares of Enersys (NYSE:ENS) by 70.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 21,150 shares of the industrial products company’s stock after purchasing an additional 8,730 shares during the period. Hsbc Holdings PLC’s holdings in Enersys were worth $3,114,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ENS. Dimensional Fund Advisors LP raised its holdings in Enersys by 1.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,627,245 shares of the industrial products company’s stock worth $238,802,000 after purchasing an additional 30,760 shares in the last quarter. Invesco Ltd. boosted its stake 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 boosted its stake in shares of Enersys by 4.7% during 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 in the last quarter. AQR Capital Management LLC increased its position in shares of Enersys by 30.3% during the third quarter. AQR Capital Management LLC now owns 652,128 shares of the industrial products company’s stock valued at $72,986,000 after buying an additional 151,589 shares during the period. Finally, LSV Asset Management increased its position in shares of Enersys by 298.9% during the fourth quarter. LSV Asset Management now owns 562,293 shares of the industrial products company’s stock valued at $82,516,000 after buying an additional 421,338 shares during the period. Hedge funds and other institutional investors own 94.93% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Wall Street Zen upgraded shares of Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 4th. TD Cowen upped their target price on Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Oppenheimer raised their target price on Enersys from $210.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday, May 22nd. Roth Capital restated a “buy” rating and set a $265.00 price target on shares of Enersys in a research report on Friday, May 22nd. Finally, Weiss Ratings cut Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Enersys has an average rating of “Moderate Buy” and a consensus target price of $265.00.

Enersys Price Performance

Shares of NYSE ENS opened at $205.09 on Friday. Enersys has a fifty-two week low of $85.56 and a fifty-two week high of $244.30. The company has a 50 day simple moving average of $225.04 and a two-hundred day simple moving average of $191.23. The company has a market capitalization of $7.48 billion, a price-to-earnings ratio of 26.60, a P/E/G ratio of 1.14 and a beta of 1.17. 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:ENS) last released 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. The firm had revenue of $987.94 million during the quarter, compared to analyst estimates of $973.84 million. Enersys had a net margin of 7.83% and a return on equity of 21.39%. The business’s revenue was up 1.4% on a year-over-year basis. During the same period last year, the business earned $2.97 earnings per share. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Analysts expect that Enersys will post 12.1 EPS for the current fiscal year.

Enersys Announces Dividend

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