Vise Technologies Inc. Invests $863,000 in Enersys $ENS

Vise Technologies Inc. purchased a new position in shares of Enersys (NYSE:ENS) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,692 shares of the industrial products company’s stock, valued at approximately $863,000.

A number of other hedge funds have also recently added to or reduced their stakes in ENS. United Services Automobile Association purchased a new position in shares of Enersys during the 1st quarter worth approximately $240,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of 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 buying an additional 9,737 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Enersys in the second quarter valued at approximately $4,623,000. EverSource Wealth Advisors LLC grew its holdings in Enersys by 626.3% during the second quarter. EverSource Wealth Advisors LLC now owns 552 shares of the industrial products company’s stock worth $47,000 after acquiring an additional 476 shares during the period. Finally, Cerity Partners LLC acquired a new position in Enersys during the second quarter worth $460,000. Institutional investors and hedge funds own 94.93% of the company’s stock.

Enersys Stock Performance

Shares of ENS stock opened at $189.73 on Monday. The stock has a fifty day moving average price of $203.39 and a 200 day moving average price of $197.87. The stock has a market cap of $6.84 billion, a PE ratio of 20.31, a P/E/G ratio of 0.94 and a beta of 1.19. Enersys has a 1 year low of $98.44 and a 1 year 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.

Enersys (NYSE:ENS) last posted its earnings results on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share 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 company had revenue of $935.64 million for the quarter, compared to analyst estimates of $928.01 million. During the same quarter in the prior year, the company earned $2.08 earnings per share. Enersys’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. Sell-side analysts forecast that Enersys will post 13.41 earnings per share for the current fiscal year.

Enersys Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 18th will be paid a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a yield of 0.6%. 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. Enersys’s dividend payout ratio is currently 11.24%.

Analyst Upgrades and Downgrades

ENS has been the subject of a number of recent analyst reports. Oppenheimer reissued an “outperform” rating on shares of Enersys in a report on Friday, August 14th. Wall Street Zen raised shares of Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. Weiss Ratings downgraded shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, June 26th. TD Cowen raised their price objective on shares of Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Finally, Zacks Research raised shares of Enersys from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $265.00.

Enersys 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.