Nissay Asset Management Corp Japan Grows Holdings in Enersys $ENS

Nissay Asset Management Corp Japan boosted its position in Enersys (NYSE:ENS) by 49.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 8,631 shares of the industrial products company’s stock after acquiring an additional 2,852 shares during the quarter. Nissay Asset Management Corp Japan’s holdings in Enersys were worth $2,018,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of Enersys during the second quarter valued at about $1,221,455,000. Dimensional Fund Advisors LP lifted its stake in shares of Enersys by 1.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,627,245 shares of the industrial products company’s stock worth $238,802,000 after acquiring an additional 30,760 shares in the last quarter. Invesco Ltd. lifted its stake in shares of Enersys by 5.9% in the third quarter. Invesco Ltd. now owns 1,158,838 shares of the industrial products company’s stock worth $130,902,000 after acquiring an additional 64,503 shares in the last quarter. Boston Partners boosted its holdings in Enersys by 4.7% in the third 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 during the last quarter. Finally, AQR Capital Management LLC boosted its holdings in Enersys by 30.3% in 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 purchasing an additional 151,589 shares during the last quarter. 94.93% of the stock is owned by hedge funds and other institutional investors.

Enersys Price Performance

Shares of ENS opened at $184.03 on Tuesday. The firm has a market cap of $6.64 billion, a price-to-earnings ratio of 19.70, a PEG ratio of 0.92 and a beta of 1.19. The stock has a 50 day moving average of $198.61 and a 200-day moving average of $198.42. The company has a current ratio of 2.80, a quick ratio of 1.83 and a debt-to-equity ratio of 0.51. Enersys has a 52 week low of $98.46 and a 52 week high of $244.30.

Enersys (NYSE:ENS) last posted its quarterly earnings results on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.83 by $0.83. Enersys had a return on equity of 24.02% and a net margin of 9.29%.The business had revenue of $935.64 million for the quarter, compared to analyst estimates of $928.01 million. During the same period in the prior year, the company posted $2.08 EPS. The business’s revenue was up 4.8% compared to the same quarter last year. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. As a group, analysts forecast that Enersys will post 13.41 EPS for the current year.

Enersys Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 18th will be issued a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.6%. This is a positive change from Enersys’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend is Friday, September 18th. Enersys’s dividend payout ratio is currently 11.24%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Weiss Ratings downgraded Enersys from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, June 26th. Oppenheimer reissued an “outperform” rating on shares of Enersys in a research report on Friday, August 14th. Wall Street Zen upgraded shares of Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. 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. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price 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.