Enersys $ENS Shares Acquired by Tidal Investments LLC

Tidal Investments LLC lifted its stake in Enersys (NYSE:ENS) by 18.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 81,387 shares of the industrial products company’s stock after buying an additional 12,640 shares during the period. Tidal Investments LLC’s holdings in Enersys were worth $19,030,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. CIBC Private Wealth Group LLC lifted its position in Enersys by 116.7% in the fourth 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 last quarter. Allworth Financial LP grew its holdings in shares of Enersys by 442.2% during the third quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 199 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of Enersys during the fourth quarter worth about $30,000. SBI Securities Co. Ltd. increased its position 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 worth $31,000 after purchasing an additional 151 shares in the last quarter. Finally, Global Retirement Partners LLC acquired a new stake in shares of Enersys during the second quarter worth about $34,000. 94.93% of the stock is currently owned by institutional investors and hedge funds.

Enersys Price Performance

Enersys stock opened at $179.14 on Friday. 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 business has a 50 day simple moving average of $192.00 and a 200-day simple moving average of $198.58. Enersys has a 12 month low of $104.71 and a 12 month high of $244.30. The stock has a market capitalization of $6.46 billion, a PE ratio of 19.18, a price-to-earnings-growth ratio of 0.89 and a beta of 1.21.

Enersys (NYSE:ENS) last posted its quarterly earnings data on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share for the quarter, beating analysts’ consensus estimates of $2.83 by $0.83. The firm had revenue of $935.64 million for the quarter, compared to analyst estimates of $928.01 million. Enersys had a net margin of 9.29% and a return on equity of 24.02%. Enersys’s quarterly revenue was up 4.8% on a year-over-year basis. 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. Equities analysts predict that Enersys will post 13.41 earnings per share for the current 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 issued a $0.2875 dividend. The ex-dividend date of this dividend is Friday, September 18th. This is a positive change from Enersys’s previous quarterly dividend of $0.26. This represents a $1.15 annualized dividend and a dividend yield of 0.6%. Enersys’s payout ratio is presently 11.24%.

Analysts Set New Price Targets

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

Enersys Profile

EnerSys (NYSE: ENS) is a global provider of stored energy solutions. The company designs, manufactures and distributes industrial batteries, battery chargers, power conversion equipment and energy management systems for applications that require reliable backup, motive and portable power.

Its products serve a range of markets, including telecommunications, data centers, utilities, industrial facilities, transportation, material handling, aerospace and defense. EnerSys offers lead-acid and lithium-ion battery technologies, as well as related chargers, enclosures, monitoring systems and service programs.