Enersys $ENS Shares Purchased by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. raised its holdings in Enersys (NYSE:ENS) by 176.4% in the 3rd quarter, HoldingsChannel reports. The fund owned 16,031 shares of the industrial products company’s stock after acquiring an additional 10,231 shares during the period. Jefferies Financial Group Inc.’s holdings in Enersys were worth $2,942,000 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. BlackRock Inc. bought a new position in shares of Enersys during the second quarter valued at $1,221,455,000. Principal Financial Group Inc. grew its stake in shares of Enersys by 10.1% in the first quarter. Principal Financial Group Inc. now owns 551,045 shares of the industrial products company’s stock worth $95,728,000 after purchasing an additional 50,660 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Enersys by 6.8% in the first quarter. Bank of America Corp DE now owns 459,504 shares of the industrial products company’s stock worth $79,825,000 after purchasing an additional 29,364 shares during the last quarter. Paradigm Capital Management Inc. NY acquired a new stake in Enersys in the second quarter valued at $102,249,000. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Enersys by 6.4% in the first quarter. Arrowstreet Capital Limited Partnership now owns 345,303 shares of the industrial products company’s stock valued at $59,986,000 after purchasing an additional 20,767 shares during the period. 94.93% of the stock is currently owned by institutional investors and hedge funds.

Enersys News Summary

Investors following ENS have been watching these news items:

• Positive Sentiment: Adjusted EPS was $3.22, topping the $3.19 consensus and rising from $2.56 a year earlier. The company also reported expanding gross and adjusted operating margins. EnerSys Q2 results
• Positive Sentiment: Data-center and defense demand, along with the Ultralife deal, were highlighted as potential sources of momentum and market-share growth. EnerSys growth drivers and analyst view
• Negative Sentiment: BTIG kept its Buy rating but cut its price target to $250 from $280, signaling a more cautious outlook despite the firm’s continued positive rating. BTIG price-target update

Enersys Stock Up 0.1%

Shares of NYSE ENS opened at $147.73 on Friday. The company has a market capitalization of $5.33 billion, a P/E ratio of 14.83, a price-to-earnings-growth ratio of 0.73 and a beta of 1.21. Enersys has a 52-week low of $131.01 and a 52-week high of $244.30. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.83 and a current ratio of 2.80. The company’s 50 day moving average price is $172.71 and its 200-day moving average price is $190.58.

Enersys (NYSE:ENS) last posted its quarterly earnings data on Wednesday, November 11th. The industrial products company reported $3.22 earnings per share for the quarter, topping the consensus estimate of $3.19 by $0.03. Enersys had a net margin of 9.86% and a return on equity of 24.98%. The company had revenue of $949.90 million during the quarter, compared to analysts’ expectations of $968.76 million. During the same period in the prior year, the company posted $2.56 earnings per share. Enersys’s revenue for the quarter was down .1% compared to the same quarter last year. Enersys has set its Q3 2027 guidance at 3.050-3.150 EPS. Equities analysts forecast that Enersys will post 13.41 earnings per share for the current year.

Enersys Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Friday, December 18th will be given a dividend of $0.2875 per share. The ex-dividend date of this dividend is Friday, December 18th. This represents a $1.15 dividend on an annualized basis and a yield of 0.8%. Enersys’s dividend payout ratio is 12.31%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Oppenheimer reaffirmed an “outperform” rating on shares of Enersys in a research report on Friday, August 14th. Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. BTIG Research decreased their price target on Enersys from $280.00 to $250.00 and set a “buy” rating for the company in a research note on Thursday. Weiss Ratings cut Enersys from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday. Finally, Zacks Research downgraded Enersys from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 13th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Enersys presently has a consensus rating of “Moderate Buy” and an average target price of $257.50.

Enersys Profile

EnerSys (NYSE: ENS) is a global provider of stored-energy solutions for industrial applications. Its products include batteries, chargers, power-conversion equipment and energy-storage systems, along with related services such as installation, maintenance and recycling. The company serves customers in markets including material handling, telecommunications, data centers, utilities, aerospace and defense, and transportation. Its offerings include lead-acid and lithium-ion batteries and other power systems designed for applications ranging from forklifts and other industrial vehicles to backup and grid-support power.