Healthcare of Ontario Pension Plan Trust Fund Purchases New Stake in Enersys $ENS

Healthcare of Ontario Pension Plan Trust Fund acquired a new position in Enersys (NYSE:ENS) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 36,556 shares of the industrial products company’s stock, valued at approximately $6,351,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ENS. United Services Automobile Association bought a new position in shares of Enersys in the 1st quarter valued at about $240,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Enersys by 9.4% in 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 valued at $10,419,000 after buying an additional 9,737 shares during the period. Arrowstreet Capital Limited Partnership acquired a new position in Enersys in the second quarter valued at approximately $4,623,000. EverSource Wealth Advisors LLC boosted its stake 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 acquiring an additional 476 shares during the last quarter. Finally, Cerity Partners LLC acquired a new stake in Enersys during the 2nd quarter worth $460,000. 94.93% of the stock is owned by institutional investors.

Enersys Stock Down 4.0%

Shares of NYSE:ENS opened at $176.31 on Thursday. The company has a 50 day moving average price of $216.80 and a two-hundred day moving average price of $195.52. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.76 and a current ratio of 2.66. The company has a market capitalization of $6.43 billion, a PE ratio of 22.87, a PEG ratio of 1.01 and a beta of 1.17. Enersys has a 52 week low of $88.76 and a 52 week high of $244.30.

Enersys (NYSE:ENS) last announced its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share for the quarter, topping analysts’ consensus estimates of $3.00 by $0.19. Enersys had a net margin of 7.83% and a return on equity of 21.39%. The company had revenue of $987.94 million for the quarter, compared to analysts’ expectations of $973.84 million. During the same period last year, the firm posted $2.97 earnings per share. The business’s quarterly revenue was up 1.4% compared to the same quarter last year. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Analysts forecast that Enersys will post 12.1 earnings per share for the current year.

Enersys Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Friday, June 19th were given a $0.2625 dividend. The ex-dividend date was Thursday, June 18th. This represents a $1.05 annualized dividend and a dividend yield of 0.6%. Enersys’s payout ratio is currently 13.62%.

Wall Street Analyst Weigh In

Several brokerages have commented on ENS. Weiss Ratings cut shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 26th. Oppenheimer lifted their price objective on Enersys from $210.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, May 22nd. TD Cowen upped their price objective on Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Wall Street Zen lowered Enersys from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 18th. Finally, Roth Capital restated a “buy” rating and set a $265.00 target price on shares of Enersys in a report on Friday, May 22nd. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $265.00.

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.