Bank of New York Mellon Corp Sells 30,327 Shares of Enersys $ENS

Bank of New York Mellon Corp decreased its holdings in shares of Enersys (NYSE:ENS) by 8.9% during the first quarter, HoldingsChannel reports. The firm owned 310,710 shares of the industrial products company’s stock after selling 30,327 shares during the period. Bank of New York Mellon Corp’s holdings in Enersys were worth $53,977,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in shares of Enersys in the 1st quarter worth approximately $4,759,000. Sanctuary Advisors LLC increased its holdings in Enersys by 194.7% during the first quarter. Sanctuary Advisors LLC now owns 9,585 shares of the industrial products company’s stock valued at $1,665,000 after buying an additional 6,332 shares during the period. Hillsdale Investment Management Inc. raised its stake in Enersys by 3.5% in the first quarter. Hillsdale Investment Management Inc. now owns 64,921 shares of the industrial products company’s stock worth $11,278,000 after buying an additional 2,201 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in Enersys by 14.0% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 2,616 shares of the industrial products company’s stock worth $454,000 after buying an additional 322 shares in the last quarter. Finally, State of Michigan Retirement System lifted its holdings in Enersys by 1.1% during the first quarter. State of Michigan Retirement System now owns 8,872 shares of the industrial products company’s stock worth $1,541,000 after buying an additional 100 shares during the period. Institutional investors own 94.93% of the company’s stock.

Analyst Upgrades and Downgrades

ENS has been the topic of a number of analyst reports. Roth Capital reiterated a “buy” rating and issued a $265.00 price target on shares of Enersys in a report on Friday, May 22nd. Weiss Ratings cut Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. Oppenheimer lifted 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. TD Cowen boosted their target price on shares of Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Finally, BTIG Research raised 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 equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $265.00.

Enersys Stock Performance

Shares of ENS opened at $199.82 on Friday. 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 cap of $7.29 billion, a PE ratio of 25.92, a P/E/G ratio of 1.11 and a beta of 1.17. Enersys has a 12 month low of $88.76 and a 12 month high of $244.30. The stock has a fifty day moving average price of $219.83 and a 200-day moving average price of $194.69.

Enersys (NYSE:ENS) last announced its earnings results on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $973.84 million. During the same period in the prior year, the company posted $2.97 EPS. The firm’s quarterly 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. Equities research analysts predict that Enersys will post 12.1 earnings per share for the current fiscal year.

Enersys Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Friday, June 19th were paid a $0.2625 dividend. The ex-dividend date was Thursday, June 18th. This represents a $1.05 dividend on an annualized basis and a yield of 0.5%. Enersys’s dividend payout ratio (DPR) is 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.