Enersys $ENS Shares Acquired by Principal Financial Group Inc.

Principal Financial Group Inc. grew its holdings in shares of Enersys (NYSE:ENS) by 10.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 551,045 shares of the industrial products company’s stock after purchasing an additional 50,660 shares during the period. Principal Financial Group Inc.’s holdings in Enersys were worth $95,728,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC increased its position in Enersys by 116.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock valued at $27,000 after buying an additional 98 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in Enersys in the fourth quarter worth about $30,000. SBI Securities Co. Ltd. boosted its holdings in Enersys by 239.7% in 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. Allworth Financial LP grew its stake in shares of Enersys by 442.2% during the third quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 199 shares during the last quarter. Finally, Leonteq Securities AG acquired a new position in shares of Enersys during the fourth quarter valued at about $37,000. 94.93% of the stock is currently owned by hedge funds and other institutional investors.

Enersys Stock Up 0.8%

ENS stock opened at $202.87 on Thursday. The company has a market capitalization of $7.40 billion, a P/E ratio of 26.31, a price-to-earnings-growth ratio of 1.11 and a beta of 1.17. Enersys has a 12 month low of $85.56 and a 12 month high of $244.30. The firm’s fifty day simple moving average is $223.99 and its 200-day simple moving average is $192.62. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.66 and a quick ratio of 1.76.

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

Enersys Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Friday, June 19th were paid a dividend of $0.2625 per share. This represents a $1.05 annualized dividend and a yield of 0.5%. The ex-dividend date was Thursday, June 18th. Enersys’s payout ratio is 13.62%.

Analyst Ratings Changes

Several equities analysts recently commented on ENS shares. BTIG Research increased their price objective 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. Wall Street Zen upgraded shares of Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 4th. Roth Capital reaffirmed a “buy” rating and issued a $265.00 price target on shares of Enersys in a report on Friday, May 22nd. Weiss Ratings downgraded shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. Finally, Oppenheimer lifted their price objective 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. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $265.00.

About Enersys

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.