VIRGINIA RETIREMENT SYSTEMS ET Al Takes $4.97 Million Position in Enersys $ENS

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Enersys (NYSE:ENS) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,272 shares of the industrial products company’s stock, valued at approximately $4,974,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned 0.06% of Enersys as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC raised its stake 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 buying an additional 98 shares during the last quarter. Allworth Financial LP boosted its stake 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 buying an additional 199 shares during the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of Enersys in the fourth quarter worth $30,000. SBI Securities Co. Ltd. grew its holdings in shares of Enersys by 239.7% in the fourth quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 151 shares during the period. Finally, Global Retirement Partners LLC purchased a new stake in Enersys during the second quarter valued at $34,000. Hedge funds and other institutional investors own 94.93% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. Wall Street Zen raised Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 15th. TD Cowen boosted their price target on Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Oppenheimer reaffirmed an “outperform” rating on shares of Enersys in a research report on Friday, August 14th. Weiss Ratings cut shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. Finally, BTIG Research reissued a “buy” rating and issued a $280.00 price objective on shares of Enersys in a report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. According to data from MarketBeat, Enersys has an average rating of “Buy” and a consensus target price of $265.00.

Enersys Trading Down 0.6%

NYSE:ENS opened at $180.78 on Wednesday. Enersys has a one year low of $103.03 and a one year high of $244.30. The business has a fifty day moving average price of $193.38 and a 200-day moving average price of $198.52. The firm has a market capitalization of $6.52 billion, a price-to-earnings ratio of 19.36, a price-to-earnings-growth ratio of 0.90 and a beta of 1.21. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.80 and a quick ratio of 1.83.

Enersys (NYSE:ENS) last released 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. The company 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%.Enersys’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.08 earnings per share. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Sell-side analysts forecast that Enersys will post 13.41 EPS for the current year.

Enersys Increases Dividend

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

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.