Edgestream Partners L.P. Raises Holdings in Enersys $ENS

Edgestream Partners L.P. increased its holdings in Enersys (NYSE:ENS) by 276.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,534 shares of the industrial products company’s stock after buying an additional 11,413 shares during the period. Edgestream Partners L.P.’s holdings in Enersys were worth $2,699,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. United Services Automobile Association bought a new position in shares of Enersys in the 1st quarter worth $240,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Enersys by 9.4% in 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 valued at $10,419,000 after purchasing an additional 9,737 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in Enersys in the second quarter valued at about $4,623,000. EverSource Wealth Advisors LLC raised its holdings in Enersys by 626.3% in the second quarter. EverSource Wealth Advisors LLC now owns 552 shares of the industrial products company’s stock worth $47,000 after purchasing an additional 476 shares in the last quarter. Finally, Cerity Partners LLC bought a new position in Enersys in the second quarter worth about $460,000. Institutional investors own 94.93% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on ENS. Weiss Ratings lowered shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 26th. Roth Capital reiterated a “buy” rating and set a $265.00 price objective on shares of Enersys in a research note on Friday, May 22nd. Wall Street Zen cut shares of Enersys from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 18th. Oppenheimer raised their target price on shares of Enersys from $210.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday, May 22nd. Finally, TD Cowen lifted their price target on shares of Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $265.00.

Enersys Trading Up 0.7%

NYSE ENS opened at $186.04 on Friday. Enersys has a 12-month low of $88.76 and a 12-month high of $244.30. The company has a fifty day simple moving average of $214.79 and a two-hundred day simple moving average of $195.64. The company has a current ratio of 2.66, a quick ratio of 1.76 and a debt-to-equity ratio of 0.57. The stock has a market cap of $6.78 billion, a P/E ratio of 24.13, a P/E/G ratio of 1.02 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 net margin of 7.83% and a return on equity of 21.39%. The firm had revenue of $987.94 million for the quarter, compared to analyst estimates of $973.84 million. During the same period in the previous year, the company earned $2.97 earnings per share. The business’s quarterly 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. On average, analysts forecast that Enersys will post 12.1 earnings per share for the current year.

Enersys Announces Dividend

The company also recently declared 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 0.6%. The ex-dividend date was Thursday, June 18th. Enersys’s payout ratio is presently 13.62%.

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.