Oppenheimer & Co. Inc. Buys New Position in Enersys $ENS

Oppenheimer & Co. Inc. bought a new stake in Enersys (NYSE:ENS) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,751 shares of the industrial products company’s stock, valued at approximately $872,000.

Several other institutional investors also recently added to or reduced their stakes in the business. Bright Futures Wealth Management LLC. increased its position in Enersys by 8.4% during the third quarter. Bright Futures Wealth Management LLC. now owns 4,290 shares of the industrial products company’s stock worth $787,000 after acquiring an additional 333 shares during the period. Valley National Advisers Inc. bought a new stake in Enersys in the 3rd quarter valued at $168,000. Brucke Financial Inc. boosted its holdings in Enersys by 45.9% in the 3rd quarter. Brucke Financial Inc. now owns 1,385 shares of the industrial products company’s stock valued at $254,000 after purchasing an additional 436 shares during the period. Signaturefd LLC boosted its holdings in Enersys by 153.7% in the 3rd quarter. Signaturefd LLC now owns 794 shares of the industrial products company’s stock valued at $146,000 after purchasing an additional 481 shares during the period. Finally, Fifth Third Wealth Advisors LLC grew its position in Enersys by 32.0% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 1,839 shares of the industrial products company’s stock worth $338,000 after purchasing an additional 446 shares during the last quarter. 94.93% of the stock is owned by institutional investors.

Enersys Trading Up 5.1%

Shares of ENS opened at $168.15 on Wednesday. Enersys has a 1 year low of $122.02 and a 1 year high of $244.30. The company has a current ratio of 2.80, a quick ratio of 1.83 and a debt-to-equity ratio of 0.51. The stock has a 50 day simple moving average of $177.98 and a 200-day simple moving average of $191.36. The stock has a market cap of $6.06 billion, a PE ratio of 18.00, a PEG ratio of 0.80 and a beta of 1.21.

Enersys (NYSE:ENS) last announced its quarterly earnings results on Wednesday, August 12th. The industrial products company reported $3.66 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $928.01 million. During the same quarter in the previous year, the firm earned $2.08 EPS. Enersys’s quarterly revenue 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, sell-side analysts predict that Enersys will post 13.41 EPS for the current fiscal year.

Enersys Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 18th were issued a dividend of $0.2875 per share. The ex-dividend date was Friday, September 18th. This is a boost from Enersys’s previous quarterly dividend of $0.2625. This represents a $1.15 annualized dividend and a dividend yield of 0.7%. Enersys’s dividend payout ratio (DPR) is currently 12.31%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ENS. BTIG Research reiterated a “buy” rating and issued a $280.00 target price on shares of Enersys in a research note on Thursday, August 13th. Oppenheimer restated an “outperform” rating on shares of Enersys in a research note on Friday, August 14th. Wall Street Zen raised Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 15th. Zacks Research downgraded Enersys from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 13th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Enersys in a report on Tuesday, September 22nd. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Enersys has a consensus rating of “Moderate Buy” and a consensus target price of $265.00.

About Enersys

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.