Hill City Capital LP Takes $44.43 Million Position in Enersys $ENS

Hill City Capital LP purchased a new position in shares of Enersys (NYSE:ENS) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 190,000 shares of the industrial products company’s stock, valued at approximately $44,426,000. Enersys makes up 1.1% of Hill City Capital LP’s portfolio, making the stock its 20th largest position. Hill City Capital LP owned about 0.52% of Enersys as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in Enersys during the second quarter valued at approximately $1,221,455,000. Dimensional Fund Advisors LP boosted its holdings in shares of Enersys by 1.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,627,245 shares of the industrial products company’s stock valued at $238,802,000 after purchasing an additional 30,760 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Enersys by 5.9% in the 3rd quarter. Invesco Ltd. now owns 1,158,838 shares of the industrial products company’s stock valued at $130,902,000 after purchasing an additional 64,503 shares in the last quarter. Boston Partners increased its stake in shares of Enersys by 4.7% in the 3rd quarter. Boston Partners now owns 680,174 shares of the industrial products company’s stock valued at $76,973,000 after purchasing an additional 30,767 shares during the last quarter. Finally, AQR Capital Management LLC increased its stake in shares of Enersys by 30.3% in the 3rd quarter. AQR Capital Management LLC now owns 652,128 shares of the industrial products company’s stock valued at $72,986,000 after purchasing an additional 151,589 shares during the last quarter. 94.93% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Oppenheimer restated an “outperform” rating on shares of Enersys in a research report on Friday, August 14th. Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. Weiss Ratings downgraded Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. Roth Capital reissued a “buy” rating and issued a $265.00 target price on shares of Enersys in a report on Friday, May 22nd. Finally, Zacks Research raised shares of Enersys from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 18th. One equities 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, the stock has an average rating of “Buy” and a consensus target price of $265.00.

Enersys Trading Down 0.0%

ENS opened at $189.73 on Monday. Enersys has a fifty-two week low of $98.44 and a fifty-two week high of $244.30. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.80 and a quick ratio of 1.83. The firm has a market capitalization of $6.84 billion, a price-to-earnings ratio of 20.31, a PEG ratio of 0.94 and a beta of 1.19. The company’s 50 day moving average price is $203.39 and its two-hundred day moving average price is $197.87.

Enersys (NYSE:ENS) last announced its quarterly earnings results on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.83 by $0.83. The firm had revenue of $935.64 million during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period in the prior year, the company posted $2.08 EPS. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. As a group, research analysts predict that Enersys will post 13.41 earnings per share for the current year.

Enersys Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 18th will be issued a $0.2875 dividend. The ex-dividend date 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 dividend payout ratio (DPR) is currently 11.24%.

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.