Vise Technologies Inc. lifted its holdings in Enersys (NYSE:ENS – Free Report) by 98.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,339 shares of the industrial products company’s stock after purchasing an additional 3,647 shares during the quarter. Vise Technologies Inc.’s holdings in Enersys were worth $1,347,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in the business. BlackRock Inc. acquired a new position in Enersys during the second quarter worth $1,221,455,000. Paradigm Capital Management Inc. NY bought a new position in Enersys in the second quarter valued at $102,249,000. Bank of America Corp DE acquired a new stake in Enersys in the 2nd quarter valued at $84,699,000. Bank of New York Mellon Corp acquired a new stake in Enersys in the 2nd quarter valued at $69,388,000. Finally, Hill City Capital LP acquired a new stake in Enersys in the 2nd quarter valued at $44,426,000. Institutional investors own 94.93% of the company’s stock.
Enersys Stock Up 3.1%
Shares of ENS stock opened at $147.00 on Friday. Enersys has a 52-week low of $126.58 and a 52-week high of $244.30. The stock has a market cap of $5.30 billion, a price-to-earnings ratio of 15.74, a PEG ratio of 0.73 and a beta of 1.21. The firm’s 50-day moving average is $175.33 and its 200-day moving average is $191.07. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.83 and a current ratio of 2.80.
Enersys (NYSE:ENS – Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The industrial products company reported $3.66 EPS for the quarter, topping analysts’ consensus estimates of $2.83 by $0.83. The business had revenue of $935.64 million during the quarter, compared to analysts’ expectations of $928.01 million. Enersys had a return on equity of 24.02% and a net margin of 9.29%. Enersys’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter last year, the company posted $2.08 earnings per share. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Sell-side analysts predict that Enersys will post 13.41 EPS for the current year.
Enersys Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 18th were given a $0.2875 dividend. The ex-dividend date of this dividend was Friday, September 18th. This is a positive change from Enersys’s previous quarterly dividend of $0.2625. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.8%. Enersys’s payout ratio is 12.31%.
Analyst Upgrades and Downgrades
Several equities research analysts have commented on the stock. Oppenheimer reissued an “outperform” rating on shares of Enersys in a research report on Friday, August 14th. Weiss Ratings restated a “buy (b-)” rating on shares of Enersys in a report on Tuesday, September 22nd. Zacks Research downgraded Enersys from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 13th. BTIG Research reiterated a “buy” rating and set a $280.00 target price on shares of Enersys in a report on Thursday, August 13th. Finally, Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 15th. Five investment 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 a consensus rating of “Moderate Buy” and an average price target of $265.00.
Enersys Profile
EnerSys (NYSE: ENS) is a global provider of stored energy solutions for industrial, transportation, telecommunications, utility, data center, aerospace and defense applications. The company designs, manufactures and distributes industrial batteries, battery chargers, power systems and related equipment used for backup power, motive power and energy management.
Its product portfolio includes lead-acid and lithium-ion batteries, motive-power systems for electric forklifts and other material-handling equipment, reserve-power batteries for telecommunications and data centers, and specialized energy systems for aerospace, defense and other critical applications.
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