EFG International AG Makes New Investment in Enersys $ENS

EFG International AG purchased a new position in shares of Enersys (NYSE:ENS) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 22,157 shares of the industrial products company’s stock, valued at approximately $5,180,000.

Several other hedge funds also recently modified their holdings of ENS. CIBC Private Wealth Group LLC boosted its stake in Enersys by 116.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock worth $27,000 after acquiring an additional 98 shares in the last quarter. Allworth Financial LP increased its stake in Enersys by 442.2% in the third quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 199 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Enersys during the fourth quarter valued at about $30,000. SBI Securities Co. Ltd. raised its holdings in shares of Enersys by 239.7% during the fourth 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 bought a new position in shares of Enersys during the 2nd quarter worth about $34,000. Institutional investors own 94.93% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Zacks Research raised Enersys from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 18th. Oppenheimer reiterated an “outperform” rating on shares of Enersys in a report on Friday, August 14th. BTIG Research restated a “buy” rating and set a $280.00 price objective on shares of Enersys in a report on Thursday, August 13th. TD Cowen increased their target price on Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Finally, Weiss Ratings downgraded shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 26th. One investment analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company’s stock. Based on data from MarketBeat, Enersys currently has an average rating of “Buy” and a consensus target price of $265.00.

Enersys Stock Up 3.7%

ENS stock opened at $194.38 on Wednesday. The stock’s fifty day simple moving average is $201.87 and its two-hundred day simple moving average is $197.91. The company has a current ratio of 2.80, a quick ratio of 1.83 and a debt-to-equity ratio of 0.51. Enersys has a 1-year low of $98.46 and a 1-year high of $244.30. The stock has a market cap of $7.01 billion, a P/E ratio of 20.81, a P/E/G ratio of 0.93 and a beta of 1.19.

Enersys (NYSE:ENS) last announced its 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 analyst estimates of $928.01 million. Enersys had a return on equity of 24.02% and a net margin of 9.29%.The business’s revenue was up 4.8% compared to the same quarter last year. During the same period last year, the firm posted $2.08 EPS. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Analysts expect 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. Investors of record on Friday, September 18th will be issued a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a yield of 0.6%. This is a boost from Enersys’s previous quarterly dividend of $0.26. The ex-dividend date is Friday, September 18th. Enersys’s dividend payout ratio is 11.24%.

About Enersys

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.