Assenagon Asset Management S.A. Makes New $913,000 Investment in Enersys $ENS

Assenagon Asset Management S.A. bought a new stake in Enersys (NYSE:ENS) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 5,257 shares of the industrial products company’s stock, valued at approximately $913,000.

Other institutional investors have also modified their holdings of the company. PFG Investments LLC raised its position in Enersys by 4.2% in the fourth quarter. PFG Investments LLC now owns 1,939 shares of the industrial products company’s stock worth $285,000 after acquiring an additional 78 shares during the period. Stifel Financial Corp grew its stake in Enersys by 2.0% in the 4th quarter. Stifel Financial Corp now owns 4,252 shares of the industrial products company’s stock valued at $624,000 after buying an additional 84 shares in the last quarter. Kestra Advisory Services LLC grew its position in shares of Enersys by 4.9% in the fourth quarter. Kestra Advisory Services LLC now owns 2,009 shares of the industrial products company’s stock valued at $295,000 after purchasing an additional 94 shares in the last quarter. Merit Financial Group LLC increased its position in shares of Enersys by 3.8% during the third quarter. Merit Financial Group LLC now owns 2,662 shares of the industrial products company’s stock valued at $301,000 after buying an additional 97 shares during the period. Finally, CIBC Private Wealth Group LLC increased its holdings in Enersys by 116.7% during the 4th 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 during the period. Institutional investors own 94.93% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ENS. Wall Street Zen cut Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. TD Cowen raised their price objective on Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Oppenheimer lifted their target price on shares of Enersys from $210.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, May 22nd. Weiss Ratings lowered Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 26th. Finally, BTIG Research raised their target price on shares of Enersys from $250.00 to $280.00 and gave the stock a “buy” rating in a research report on Friday, June 12th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $265.00.

Enersys Trading Down 6.3%

NYSE:ENS opened at $206.64 on Friday. The stock has a market cap of $7.55 billion, a price-to-earnings ratio of 26.80, a PEG ratio of 1.21 and a beta of 1.17. The company’s 50 day moving average price is $225.33 and its 200-day moving average price is $189.03. Enersys has a 52 week low of $85.56 and a 52 week high of $244.30. The company has a quick ratio of 1.76, a current ratio of 2.66 and a debt-to-equity ratio of 0.57.

Enersys (NYSE:ENS) last announced its quarterly 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 firm had revenue of $987.94 million for the quarter, compared to the consensus estimate of $973.84 million. During the same period in the prior year, the company posted $2.97 earnings per share. The company’s quarterly 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, equities research analysts forecast that Enersys will post 12.1 earnings per share for the current fiscal year.

Enersys Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Friday, June 19th were given a dividend of $0.2625 per share. This represents a $1.05 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was 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.