34,789 Shares in Enersys $ENS Purchased by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company acquired a new position in shares of Enersys (NYSE:ENSFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 34,789 shares of the industrial products company’s stock, valued at approximately $8,134,000. The Manufacturers Life Insurance Company owned about 0.10% of Enersys at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in ENS. United Services Automobile Association acquired a new stake in shares of Enersys during the 1st quarter worth approximately $240,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Enersys by 9.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 113,770 shares of the industrial products company’s stock worth $10,419,000 after buying an additional 9,737 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in Enersys in the second quarter valued at approximately $4,623,000. EverSource Wealth Advisors LLC lifted its holdings in Enersys by 626.3% in the second quarter. EverSource Wealth Advisors LLC now owns 552 shares of the industrial products company’s stock valued at $47,000 after buying an additional 476 shares during the period. Finally, Cerity Partners LLC bought a new position in Enersys in the second quarter valued at approximately $460,000. 94.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Read Our Latest Stock Analysis on ENS

Enersys Stock Performance

ENS opened at $185.28 on Monday. The company has a quick ratio of 1.83, a current ratio of 2.80 and a debt-to-equity ratio of 0.51. Enersys has a 12-month low of $98.46 and a 12-month high of $244.30. The business has a 50 day moving average of $199.58 and a 200-day moving average of $198.35. The stock has a market cap of $6.68 billion, a price-to-earnings ratio of 19.84, a PEG ratio of 0.92 and a beta of 1.19.

Enersys (NYSE:ENSGet Free Report) last posted its quarterly earnings results 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. Enersys had a return on equity of 24.02% and a net margin of 9.29%.The business had revenue of $935.64 million for the quarter, compared to analysts’ expectations of $928.01 million. During the same quarter in the prior year, the business earned $2.08 EPS. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. On average, equities research analysts expect that Enersys will post 13.41 earnings per share for the current year.

Enersys Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders 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 represents a $1.15 annualized dividend and a yield of 0.6%. This is an increase from Enersys’s previous quarterly dividend of $0.26. Enersys’s payout ratio is currently 12.31%.

Enersys Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Enersys (NYSE:ENS)

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