Arrowstreet Capital Limited Partnership Purchases 20,767 Shares of Enersys $ENS

Arrowstreet Capital Limited Partnership grew its position in Enersys (NYSE:ENS) by 6.4% during the 1st quarter, HoldingsChannel reports. The firm owned 345,303 shares of the industrial products company’s stock after purchasing an additional 20,767 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Enersys were worth $59,986,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. United Services Automobile Association bought a new position in Enersys during the first quarter worth about $240,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Enersys by 9.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 113,770 shares of the industrial products company’s stock worth $10,419,000 after purchasing an additional 9,737 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of Enersys by 626.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 552 shares of the industrial products company’s stock valued at $47,000 after purchasing an additional 476 shares in the last quarter. Cerity Partners LLC acquired a new position in shares of Enersys in the 2nd quarter valued at approximately $460,000. Finally, California Public Employees Retirement System grew its position in shares of Enersys by 3.4% in the 2nd quarter. California Public Employees Retirement System now owns 71,536 shares of the industrial products company’s stock valued at $6,136,000 after purchasing an additional 2,332 shares during the period. 94.93% of the stock is owned by institutional investors.

Enersys Stock Down 0.2%

Shares of Enersys stock opened at $190.38 on Tuesday. The firm has a market cap of $6.94 billion, a PE ratio of 24.69, a P/E/G ratio of 1.05 and a beta of 1.17. The business’s 50 day simple moving average is $218.23 and its 200 day simple moving average is $195.17. 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 has a 52-week low of $88.76 and a 52-week high of $244.30.

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

Enersys Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Investors 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 yield of 0.6%. Enersys’s dividend payout ratio is presently 13.62%.

Analyst Upgrades and Downgrades

Several analysts have commented on ENS shares. Wall Street Zen downgraded shares of Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. TD Cowen upped their price target on shares of Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a report on Thursday, May 21st. BTIG Research increased their price objective on shares of Enersys from $250.00 to $280.00 and gave the stock a “buy” rating in a research report on Friday, June 12th. Weiss Ratings lowered shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, June 26th. Finally, Oppenheimer boosted their price objective on shares of Enersys from $210.00 to $250.00 and gave the company 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 assigned a Hold rating to the stock. According to MarketBeat.com, Enersys currently has a consensus rating of “Moderate 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.