Enersys $ENS Shares Sold by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC cut its holdings in Enersys (NYSE:ENS) by 3.6% during the fourth quarter, HoldingsChannel reports. The fund owned 91,687 shares of the industrial products company’s stock after selling 3,400 shares during the period. Brandywine Global Investment Management LLC’s holdings in Enersys were worth $13,455,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. O Shaughnessy Asset Management LLC acquired a new position in Enersys in the fourth quarter valued at approximately $358,000. Los Angeles Capital Management LLC acquired a new position in Enersys in the fourth quarter valued at approximately $30,000. Cookson Peirce & Co. Inc. acquired a new position in Enersys in the fourth quarter valued at approximately $1,264,000. Vestcor Inc lifted its stake in Enersys by 29.8% during the fourth quarter. Vestcor Inc now owns 3,969 shares of the industrial products company’s stock worth $582,000 after purchasing an additional 911 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new position in Enersys during the fourth quarter worth $4,188,000. 94.93% of the stock is currently owned by institutional investors and hedge funds.

Enersys Stock Up 0.5%

Enersys stock opened at $228.27 on Tuesday. Enersys has a twelve month low of $80.82 and a twelve month high of $244.30. The stock’s fifty day simple moving average is $211.38 and its 200-day simple moving average is $178.80. The company has a current ratio of 2.66, a quick ratio of 1.76 and a debt-to-equity ratio of 0.57. The firm has a market capitalization of $8.34 billion, a P/E ratio of 29.61, a P/E/G ratio of 1.25 and a beta of 1.17.

Enersys (NYSE:ENS) last posted its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share for the quarter, topping analysts’ consensus estimates of $3.00 by $0.19. Enersys had a return on equity of 21.39% and a net margin of 7.83%.The business had revenue of $987.94 million for the quarter, compared to analyst estimates of $973.84 million. During the same quarter in the prior year, the company earned $2.97 earnings per share. The company’s revenue was up 1.4% on a year-over-year basis. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. As a group, equities analysts expect that Enersys will post 12.07 earnings per share for the current fiscal year.

Enersys Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms have commented on ENS. BTIG Research upped their price target on Enersys from $185.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Oppenheimer upped their price target on Enersys from $210.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, May 22nd. Weiss Ratings restated a “buy (b)” rating on shares of Enersys in a research note on Friday, April 24th. Roth Mkm restated a “buy” rating and set a $265.00 price target on shares of Enersys in a research note on Friday, May 22nd. Finally, Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a research note on Monday. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Enersys presently has an average rating of “Moderate Buy” and a consensus target price of $257.50.

About Enersys

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.