Hsbc Holdings PLC Purchases New Position in Enersys $ENS

Hsbc Holdings PLC purchased a new position in Enersys (NYSE:ENS) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 72,021 shares of the industrial products company’s stock, valued at approximately $16,856,000.

Several other institutional investors and hedge funds have also bought and sold shares of ENS. CIBC Private Wealth Group LLC boosted its position in Enersys by 116.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 98 shares in the last quarter. Allworth Financial LP raised its position in shares of Enersys by 442.2% in the 3rd quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 199 shares in the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Enersys in the 4th quarter worth approximately $30,000. SBI Securities Co. Ltd. lifted its stake in shares of Enersys by 239.7% in the 4th quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 151 shares during the period. Finally, Global Retirement Partners LLC purchased a new position in shares of Enersys in the 2nd quarter valued at approximately $34,000. 94.93% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Roth Capital reaffirmed a “buy” rating and issued a $265.00 price target on shares of Enersys in a research note on Friday, May 22nd. Zacks Research raised Enersys from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 18th. TD Cowen boosted their target price on shares of Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a report on Thursday, May 21st. BTIG Research reaffirmed a “buy” rating and issued a $280.00 target price on shares of Enersys in a research report on Thursday, August 13th. Finally, Weiss Ratings lowered shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $265.00.

Enersys Stock Down 1.0%

ENS stock opened at $190.99 on Friday. Enersys has a twelve month low of $98.46 and a twelve month high of $244.30. The company has a quick ratio of 1.83, a current ratio of 2.80 and a debt-to-equity ratio of 0.51. The firm has a market cap of $6.89 billion, a PE ratio of 20.45, a price-to-earnings-growth ratio of 0.96 and a beta of 1.19. The business has a 50 day moving average of $200.43 and a 200 day moving average of $198.28.

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

Enersys Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 18th will be paid a $0.2875 dividend. This is a boost from Enersys’s previous quarterly dividend of $0.26. This represents a $1.15 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Friday, September 18th. Enersys’s payout ratio is currently 12.31%.

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.