Enersys $ENS Shares Sold by AXQ Capital LP

AXQ Capital LP decreased its position in shares of Enersys (NYSE:ENS) by 73.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,541 shares of the industrial products company’s stock after selling 4,279 shares during the quarter. AXQ Capital LP’s holdings in Enersys were worth $226,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank acquired a new stake in shares of Enersys in the 4th quarter valued at about $78,599,000. LSV Asset Management increased its position in Enersys by 298.9% during the fourth quarter. LSV Asset Management now owns 562,293 shares of the industrial products company’s stock worth $82,516,000 after buying an additional 421,338 shares during the period. Millennium Management LLC lifted its stake in Enersys by 257.8% in the third quarter. Millennium Management LLC now owns 556,771 shares of the industrial products company’s stock valued at $62,893,000 after buying an additional 401,167 shares during the last quarter. Kennedy Capital Management LLC boosted its holdings in shares of Enersys by 343.0% in the third quarter. Kennedy Capital Management LLC now owns 311,320 shares of the industrial products company’s stock valued at $35,167,000 after acquiring an additional 241,045 shares during the period. Finally, New South Capital Management Inc. grew its position in shares of Enersys by 22.6% during the third quarter. New South Capital Management Inc. now owns 857,600 shares of the industrial products company’s stock worth $96,874,000 after acquiring an additional 158,267 shares during the last quarter. 94.93% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on ENS. TD Cowen upped their price target on shares of Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Weiss Ratings restated a “buy (b)” rating on shares of Enersys in a research note on Friday, April 24th. Wall Street Zen cut shares of Enersys from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 31st. BTIG Research increased their target price on shares of Enersys from $185.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Finally, Oppenheimer raised their price target on Enersys from $210.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, May 22nd. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $257.50.

Enersys Stock Down 5.0%

Shares of Enersys stock opened at $226.36 on Friday. Enersys has a one year low of $80.82 and a one year high of $244.30. The company has a market cap of $8.27 billion, a P/E ratio of 29.36, a PEG ratio of 1.25 and a beta of 1.17. 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 firm has a fifty day moving average of $210.20 and a two-hundred day moving average of $177.84.

Enersys (NYSE:ENS) last issued its earnings results on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share for the quarter, beating the consensus estimate of $3.00 by $0.19. Enersys had a net margin of 7.83% and a return on equity of 21.39%. The business had revenue of $987.94 million for the quarter, compared to the consensus estimate of $973.84 million. During the same quarter in the previous year, the firm earned $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. On average, analysts forecast that Enersys will post 12.07 earnings per share for the current year.

Enersys Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Friday, June 19th will be paid a dividend of $0.2625 per share. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, June 18th. Enersys’s dividend payout ratio is 13.62%.

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.