Enersys $ENS Stock Position Lessened by Corient Private Wealth LLC

Corient Private Wealth LLC trimmed its holdings in shares of Enersys (NYSE:ENS) by 5.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 78,064 shares of the industrial products company’s stock after selling 4,524 shares during the period. Corient Private Wealth LLC owned approximately 0.21% of Enersys worth $11,460,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of ENS. United Services Automobile Association bought a new position in shares of Enersys in the first quarter valued at approximately $240,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Enersys by 9.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 113,770 shares of the industrial products company’s stock worth $10,419,000 after purchasing an additional 9,737 shares during the period. Arrowstreet Capital Limited Partnership bought a new position in Enersys during the 2nd quarter valued at $4,623,000. EverSource Wealth Advisors LLC increased its position in shares of Enersys by 626.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 552 shares of the industrial products company’s stock valued at $47,000 after purchasing an additional 476 shares during the period. Finally, Cerity Partners LLC acquired a new position in shares of Enersys during the 2nd quarter valued at $460,000. Institutional investors and hedge funds own 94.93% of the company’s stock.

Enersys Stock Down 2.2%

Shares of NYSE:ENS opened at $218.62 on Thursday. 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 company has a market cap of $7.98 billion, a PE ratio of 28.36, a price-to-earnings-growth ratio of 1.23 and a beta of 1.17. Enersys has a 52 week low of $83.78 and a 52 week high of $244.30. The firm has a 50 day simple moving average of $222.38 and a 200 day simple moving average of $185.93.

Enersys (NYSE:ENS) last released its earnings results 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 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 for the quarter 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, research analysts expect that Enersys will post 12.1 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. Shareholders of record on Friday, June 19th will be paid a dividend of $0.2625 per share. This represents a $1.05 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, June 18th. Enersys’s payout ratio is 13.62%.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Enersys in a research note on Friday, April 24th. Oppenheimer raised their target price on 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 lowered Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. Roth Mkm reiterated a “buy” rating and issued a $265.00 price target on shares of Enersys in a research report on Friday, May 22nd. Finally, BTIG Research upped their price target on shares of Enersys from $250.00 to $280.00 and gave the company a “buy” rating in a report on Friday, June 12th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $265.00.

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.