BI Asset Management Fondsmaeglerselskab A S Has $5.51 Million Position in Enersys $ENS

BI Asset Management Fondsmaeglerselskab A S grew its holdings in shares of Enersys (NYSE:ENS) by 11.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,707 shares of the industrial products company’s stock after buying an additional 3,166 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Enersys were worth $5,508,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. CIBC Private Wealth Group LLC raised its holdings in Enersys by 116.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock worth $27,000 after acquiring an additional 98 shares in the last quarter. Allworth Financial LP grew its stake in Enersys by 442.2% in the third quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 199 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Enersys during the 4th quarter worth approximately $30,000. SBI Securities Co. Ltd. raised its stake in shares of Enersys by 239.7% during the 4th quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 151 shares in the last quarter. Finally, Leonteq Securities AG bought a new stake in shares of Enersys during the 4th quarter worth approximately $37,000. 94.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Wall Street Zen downgraded Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday. Roth Mkm restated a “buy” rating and set a $265.00 target price on shares of Enersys in a report on Friday, May 22nd. TD Cowen upped their price target on shares of Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. BTIG Research increased their price target on shares of Enersys from $250.00 to $280.00 and gave the company a “buy” rating in a research note on Friday, June 12th. Finally, Oppenheimer lifted their price objective on shares of Enersys from $210.00 to $250.00 and gave the company an “outperform” rating in a research report on Friday, May 22nd. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Enersys presently has an average rating of “Moderate Buy” and an average price target of $265.00.

Enersys Price Performance

NYSE:ENS opened at $232.53 on Tuesday. The company has a quick ratio of 1.76, a current ratio of 2.66 and a debt-to-equity ratio of 0.57. The stock’s 50 day moving average price is $221.23 and its two-hundred day moving average price is $184.87. The firm has a market capitalization of $8.49 billion, a price-to-earnings ratio of 30.16, a P/E/G ratio of 1.26 and a beta of 1.17. Enersys has a 12-month low of $80.82 and a 12-month high of $244.30.

Enersys (NYSE:ENS) last released its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share (EPS) for the quarter, beating 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 company had revenue of $987.94 million during the quarter, compared to analysts’ expectations of $973.84 million. During the same period last year, the firm posted $2.97 earnings per share. The business’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. On average, analysts anticipate that Enersys will post 12.1 earnings per share for the current year.

Enersys Announces Dividend

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

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.