Cookson Peirce & Co. Inc. Takes $1.26 Million Position in Enersys $ENS

Cookson Peirce & Co. Inc. acquired a new stake in Enersys (NYSE:ENS) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 8,615 shares of the industrial products company’s stock, valued at approximately $1,264,000.

Other hedge funds also recently modified their holdings of the company. AXQ Capital LP bought a new stake in Enersys during the 3rd quarter valued at $657,000. New South Capital Management Inc. increased its stake in Enersys by 22.6% during the 3rd quarter. New South Capital Management Inc. now owns 857,600 shares of the industrial products company’s stock valued at $96,874,000 after purchasing an additional 158,267 shares in the last quarter. First Trust Advisors LP increased its stake in Enersys by 9.4% during the 3rd quarter. First Trust Advisors LP now owns 965,026 shares of the industrial products company’s stock valued at $109,009,000 after purchasing an additional 82,944 shares in the last quarter. QRG Capital Management Inc. increased its stake in Enersys by 454.5% during the 4th quarter. QRG Capital Management Inc. now owns 10,308 shares of the industrial products company’s stock valued at $1,513,000 after purchasing an additional 8,449 shares in the last quarter. Finally, Segall Bryant & Hamill LLC increased its stake in Enersys by 2.0% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 483,494 shares of the industrial products company’s stock valued at $54,615,000 after purchasing an additional 9,313 shares in the last quarter. Institutional investors own 94.93% of the company’s stock.

Enersys Stock Performance

NYSE ENS opened at $226.36 on Monday. Enersys has a 1 year low of $80.82 and a 1 year high of $244.30. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.66 and a quick ratio of 1.76. The firm has a market cap of $8.27 billion, a price-to-earnings ratio of 29.36, a PEG ratio of 1.25 and a beta of 1.17. The company has a fifty day moving average price of $210.20 and a 200-day moving average price of $178.15.

Enersys (NYSE:ENS) last posted its earnings results on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $987.94 million during the quarter, compared to analyst estimates of $973.84 million. During the same quarter in the prior year, the business posted $2.97 EPS. The business’s 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. As a group, equities research analysts predict that Enersys will post 12.07 EPS for the current fiscal year.

Enersys Dividend Announcement

The company 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 $0.2625 dividend. The ex-dividend date is Thursday, June 18th. This represents a $1.05 annualized dividend and a dividend yield of 0.5%. Enersys’s dividend payout ratio is presently 13.62%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Oppenheimer boosted their price target on shares of Enersys from $210.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday, May 22nd. Wall Street Zen upgraded shares of Enersys from a “buy” rating to a “strong-buy” rating in a research note on Monday. BTIG Research boosted their price target on shares of Enersys from $185.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. TD Cowen boosted their price target on shares of Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Finally, Roth Mkm reiterated a “buy” rating and issued a $265.00 target price on shares of Enersys in a research note on Friday, May 22nd. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $257.50.

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.