Teacher Retirement System Surges EnerSys Holdings by 50%! Find Out the Secret Behind the $3.9M Power Play!


In the third quarter, the Teacher Retirement System of Texas significantly bolstered its investment in EnerSys, registering a 50.0% surge in holdings, as per the latest Form 13F filing with the SEC. Following the acquisition of an additional 13,787 shares during the period, the organization’s total ownership reached 41,346 shares of the industrial products company’s stock. The Teacher Retirement System of Texas now holds approximately 0.10% of EnerSys, with a total value of $3,914,000, based on its most recent SEC filing.

Hedge Funds and Institutional Investors Show Varied Activity

Multiple hedge funds and institutional investors have demonstrated varied activity with EnerSys. Point72 Asset Management L.P. entered the scene with a new position during the second quarter, while Quarry LP experienced a notable surge of 625.6% in holdings during the same period. Other entities, such as Exchange Traded Concepts LLC, West Tower Group LLC, and UMB Bank n.a., have also made strategic moves to either acquire or reduce stakes in EnerSys.

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Market Performance and Financial Snapshot

On the New York Stock Exchange (NYSE), EnerSys (ENS) opened at $97.70 on Friday, boasting a market capitalization of $3.95 billion. The company’s price-to-earnings ratio stands at 16.76, with a price-to-earnings-growth ratio of 0.84 and a beta of 1.36. Over the past year, EnerSys has experienced a trading range between $78.30 and $113.34. Notably, as of the most recent data, 91.56% of the stock is owned by hedge funds and other institutional investors.

Earnings Report of EnerSys and Dividend Announcement

EnerSys recently disclosed its quarterly earnings data on November 8th, reporting $1.84 earnings per share for the quarter. This exceeded the consensus estimate of $1.80 by $0.04. The company showcased a return on equity of 17.45% and a net margin of 6.51%. Despite a slight dip in revenue to $901.00 million, compared to the consensus estimate of $914.38 million, EnerSys demonstrated a year-over-year revenue increase of 0.2%.

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The company also declared a quarterly dividend, paid on December 29th, with shareholders of record as of December 15th receiving a $0.225 dividend. This translates to an annualized dividend of $0.90 and a yield of 0.92%. EnerSys’s current dividend payout ratio (DPR) stands at 15.44%.

Analyst Reports and Recommendations

EnerSys (ENS) has been subject to several research analyst reports. Notably, William Blair downgraded EnerSys from an “outperform” to a “market perform” rating, while StockNews.com shifted its stance from “strong-buy” to “buy.” On a positive note, Oppenheimer raised the price target from $110.00 to $116.00, maintaining an “outperform” rating in a research note on December 20th.

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About EnerSys

EnerSys operates globally, providing diverse stored energy solutions for industrial applications. The company functions across three segments: Energy Systems, Motive Power, and Specialty. Its offerings include uninterruptible power systems, switchgear, integrated power solutions, and thermally managed cabinets for various industrial applications worldwide.

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