AXQ Capital LP Buys New Holdings in Enersys $ENS

AXQ Capital LP purchased a new position in shares of Enersys (NYSE:ENS) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,820 shares of the industrial products company’s stock, valued at approximately $657,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Merit Financial Group LLC lifted its position in shares of Enersys by 3.8% in the third quarter. Merit Financial Group LLC now owns 2,662 shares of the industrial products company’s stock valued at $301,000 after buying an additional 97 shares during the last quarter. Hudson Edge Investment Partners Inc. raised its stake in Enersys by 1.6% in the 3rd quarter. Hudson Edge Investment Partners Inc. now owns 7,811 shares of the industrial products company’s stock valued at $882,000 after acquiring an additional 123 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Enersys by 27.7% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 705 shares of the industrial products company’s stock valued at $80,000 after purchasing an additional 153 shares during the last quarter. First National Advisers LLC lifted its holdings in Enersys by 4.8% during the 3rd quarter. First National Advisers LLC now owns 4,331 shares of the industrial products company’s stock valued at $489,000 after purchasing an additional 200 shares during the last quarter. Finally, Retirement Systems of Alabama boosted its position in Enersys by 0.4% during the second quarter. Retirement Systems of Alabama now owns 48,191 shares of the industrial products company’s stock worth $4,133,000 after purchasing an additional 202 shares during the period. Institutional investors own 94.93% of the company’s stock.

Enersys Stock Up 3.2%

Shares of NYSE ENS opened at $172.77 on Wednesday. The stock has a market capitalization of $6.37 billion, a P/E ratio of 21.41, a PEG ratio of 1.08 and a beta of 1.11. The stock’s fifty day moving average is $165.84 and its 200 day moving average is $136.40. Enersys has a 52 week low of $76.57 and a 52 week high of $194.77. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.72 and a current ratio of 2.75.

Enersys (NYSE:ENS) last posted its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.77 earnings per share for the quarter, topping the consensus estimate of $2.73 by $0.04. Enersys had a net margin of 8.37% and a return on equity of 21.27%. The business had revenue of $919.13 million during the quarter, compared to analysts’ expectations of $932.13 million. During the same quarter in the prior year, the business posted $3.12 earnings per share. Enersys’s revenue was up 1.4% compared to the same quarter last year. Enersys has set its Q4 2026 guidance at 2.950-3.050 EPS. Sell-side analysts forecast that Enersys will post 9.99 earnings per share for the current fiscal year.

Enersys Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be paid a $0.2625 dividend. This represents a $1.05 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Friday, March 13th. Enersys’s dividend payout ratio (DPR) is 13.01%.

Insider Buying and Selling

In other Enersys news, insider Chad C. Uplinger sold 6,702 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $151.46, for a total transaction of $1,015,084.92. Following the completion of the transaction, the insider directly owned 23,713 shares in the company, valued at $3,591,570.98. The trade was a 22.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.91% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have recently weighed in on ENS. Wall Street Zen lowered shares of Enersys from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 31st. Weiss Ratings reiterated a “buy (b)” rating on shares of Enersys in a research note on Tuesday, January 27th. BTIG Research increased their price target on shares of Enersys from $175.00 to $185.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Oppenheimer restated an “outperform” rating on shares of Enersys in a research report on Friday, November 7th. Finally, Zacks Research downgraded Enersys from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Enersys has an average rating of “Moderate Buy” and a consensus price target of $177.00.

Enersys Company Profile

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.