Fisher Asset Management LLC Lowers Position in Enersys $ENS

Fisher Asset Management LLC lessened its stake in shares of Enersys (NYSE:ENS) by 6.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 358,764 shares of the industrial products company’s stock after selling 23,560 shares during the period. Fisher Asset Management LLC’s holdings in Enersys were worth $40,526,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. Harvest Portfolios Group Inc. lifted its position in shares of Enersys by 34.4% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 3,613 shares of the industrial products company’s stock valued at $408,000 after buying an additional 924 shares in the last quarter. Aster Capital Management DIFC Ltd lifted its holdings in Enersys by 1,184.4% during the third quarter. Aster Capital Management DIFC Ltd now owns 578 shares of the industrial products company’s stock valued at $65,000 after purchasing an additional 533 shares in the last quarter. Brucke Financial Inc. bought a new position in shares of Enersys in the third quarter worth approximately $280,000. Intech Investment Management LLC increased its stake in shares of Enersys by 11.6% in the third quarter. Intech Investment Management LLC now owns 33,435 shares of the industrial products company’s stock worth $3,777,000 after purchasing an additional 3,487 shares in the last quarter. Finally, Optiver Holding B.V. bought a new stake in shares of Enersys during the 3rd quarter valued at $47,000. Institutional investors own 94.93% of the company’s stock.

Enersys Price Performance

Shares of Enersys stock opened at $164.00 on Wednesday. The firm has a market cap of $6.04 billion, a PE ratio of 20.32, a PEG ratio of 1.07 and a beta of 1.11. The stock has a 50 day moving average of $167.98 and a 200 day moving average of $138.83. The company has a current ratio of 2.75, a quick ratio of 1.72 and a debt-to-equity ratio of 0.61. Enersys has a 12 month low of $76.57 and a 12 month high of $194.77.

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

Enersys Announces Dividend

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

Insider Activity at Enersys

In other news, insider Chad C. Uplinger sold 6,702 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $151.46, for a total value of $1,015,084.92. Following the sale, 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 position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.91% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

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

Enersys 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.