Man Group plc Takes Position in Enersys $ENS

Man Group plc bought a new position in Enersys (NYSE:ENS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 39,533 shares of the industrial products company’s stock, valued at approximately $9,244,000. Man Group plc owned about 0.11% of Enersys as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. BlackRock Inc. acquired a new position in shares of Enersys in the 2nd quarter valued at $1,221,455,000. Dimensional Fund Advisors LP raised its holdings in Enersys by 1.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,627,245 shares of the industrial products company’s stock worth $238,802,000 after buying an additional 30,760 shares during the period. Invesco Ltd. raised its holdings in Enersys by 5.9% during the 3rd quarter. Invesco Ltd. now owns 1,158,838 shares of the industrial products company’s stock worth $130,902,000 after buying an additional 64,503 shares during the period. Boston Partners lifted its stake in Enersys by 4.7% during the third quarter. Boston Partners now owns 680,174 shares of the industrial products company’s stock valued at $76,973,000 after buying an additional 30,767 shares in the last quarter. Finally, AQR Capital Management LLC lifted its stake in Enersys by 30.3% during 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 buying an additional 151,589 shares in the last quarter. 94.93% of the stock is owned by institutional investors and hedge funds.

Enersys Stock Performance

Shares of ENS opened at $185.28 on Friday. The company has a market capitalization of $6.68 billion, a PE ratio of 19.84, a PEG ratio of 0.95 and a beta of 1.19. 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 $199.58 and its 200 day moving average price is $198.19. Enersys has a 52 week low of $98.46 and a 52 week high of $244.30.

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

Enersys Increases Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Wall Street Zen raised shares of Enersys from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. Zacks Research raised shares of Enersys from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 18th. BTIG Research reiterated a “buy” rating and set a $280.00 price objective on shares of Enersys in a research report on Thursday, August 13th. Roth Capital reissued a “buy” rating and set a $265.00 target price on shares of Enersys in a research note on Friday, May 22nd. Finally, Weiss Ratings cut Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company. According to data from MarketBeat, Enersys has an average rating of “Buy” and a consensus 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.