QRG Capital Management Inc. Grows Holdings in Enersys $ENS

QRG Capital Management Inc. boosted its stake in shares of Enersys (NYSE:ENS) by 53.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,830 shares of the industrial products company’s stock after buying an additional 5,522 shares during the period. QRG Capital Management Inc.’s holdings in Enersys were worth $2,750,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. CIBC Private Wealth Group LLC lifted 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 acquiring an additional 98 shares during the period. 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 position in Enersys in the fourth quarter valued at about $30,000. SBI Securities Co. Ltd. boosted its position in 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 purchasing an additional 151 shares during the last quarter. Finally, Leonteq Securities AG bought a new stake in shares of Enersys during the 4th quarter valued at about $37,000. 94.93% of the stock is owned by hedge funds and other institutional investors.

Enersys Price Performance

NYSE:ENS traded down $17.33 on Tuesday, reaching $195.98. 111,427 shares of the company’s stock traded hands, compared to its average volume of 468,705. The stock has a 50-day simple moving average of $225.52 and a 200-day simple moving average of $189.93. Enersys has a 12 month low of $85.56 and a 12 month high of $244.30. The firm has a market cap of $7.16 billion, a PE ratio of 25.36, a P/E/G ratio of 1.14 and a beta of 1.17. The company has a quick ratio of 1.76, a current ratio of 2.66 and a debt-to-equity ratio of 0.57.

Enersys (NYSE:ENS) last released its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share for the quarter, topping analysts’ consensus estimates of $3.00 by $0.19. Enersys had a return on equity of 21.39% and a net margin of 7.83%.The firm had revenue of $987.94 million during the quarter, compared to analyst estimates of $973.84 million. During the same quarter in the prior year, the company posted $2.97 earnings per share. The business’s quarterly revenue was up 1.4% compared to the same quarter last year. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Equities research analysts forecast that Enersys will post 12.1 earnings per share for the current year.

Enersys Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Friday, June 19th were issued a dividend of $0.2625 per share. This represents a $1.05 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Thursday, June 18th. Enersys’s dividend payout ratio (DPR) is 13.62%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on ENS shares. Weiss Ratings cut shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. 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 research report on Thursday, May 21st. Wall Street Zen upgraded shares of Enersys from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Roth Capital reiterated a “buy” rating and set a $265.00 price objective on shares of Enersys in a research note on Friday, May 22nd. Finally, BTIG Research increased their target price on shares of Enersys from $250.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, June 12th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Enersys currently has an average rating of “Moderate Buy” and a consensus 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.