California Public Employees Retirement System Increases Position in Enersys $ENS

California Public Employees Retirement System boosted its holdings in shares of Enersys (NYSE:ENS) by 12.7% during the first quarter, HoldingsChannel.com reports. The firm owned 85,138 shares of the industrial products company’s stock after purchasing an additional 9,590 shares during the period. California Public Employees Retirement System’s holdings in Enersys were worth $14,790,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. United Services Automobile Association purchased a new stake in shares of Enersys in the first quarter valued at approximately $240,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Enersys by 9.4% during the 1st 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 buying an additional 9,737 shares during the period. Arrowstreet Capital Limited Partnership purchased a new position in shares of Enersys during the 2nd quarter valued at approximately $4,623,000. EverSource Wealth Advisors LLC lifted its position 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 buying an additional 476 shares in the last quarter. Finally, Cerity Partners LLC acquired a new stake in Enersys in the 2nd quarter valued at $460,000. 94.93% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on ENS shares. Wall Street Zen lowered shares of Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. BTIG Research lifted their target price on shares of Enersys from $250.00 to $280.00 and gave the company a “buy” rating in a research report on Friday, June 12th. Oppenheimer boosted their target price on shares of Enersys from $210.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, May 22nd. Weiss Ratings downgraded shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 26th. Finally, Roth Capital reaffirmed a “buy” rating and issued a $265.00 price target on shares of Enersys in a research note on Friday, May 22nd. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Enersys has a consensus rating of “Moderate Buy” and a consensus price target of $265.00.

Enersys Stock Down 0.7%

Shares of ENS opened at $199.82 on Friday. The stock has a 50 day moving average price of $219.83 and a 200 day moving average price of $194.69. Enersys has a one year low of $88.76 and a one year 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. The stock has a market capitalization of $7.29 billion, a price-to-earnings ratio of 25.92, a PEG ratio of 1.11 and a beta of 1.17.

Enersys (NYSE:ENS) last announced its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $973.84 million. During the same quarter last year, the firm posted $2.97 EPS. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Equities research analysts forecast that Enersys will post 12.1 earnings per share for the current fiscal year.

Enersys Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Friday, June 19th were paid a $0.2625 dividend. This represents a $1.05 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Thursday, June 18th. Enersys’s dividend payout ratio (DPR) is currently 13.62%.

Enersys 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.