Legal & General Group Plc Cuts Stake in Enersys $ENS

Legal & General Group Plc reduced its stake in shares of Enersys (NYSE:ENS) by 67.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 58,480 shares of the industrial products company’s stock after selling 121,974 shares during the period. Legal & General Group Plc owned 0.16% of Enersys worth $8,582,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of ENS. Allworth Financial LP lifted its holdings in shares of Enersys by 442.2% during the 3rd quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 199 shares during the period. SBI Securities Co. Ltd. lifted its holdings 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 acquiring an additional 151 shares during the period. Leonteq Securities AG purchased a new position in Enersys in the fourth quarter valued at approximately $37,000. Optiver Holding B.V. purchased a new position in Enersys in the third quarter valued at approximately $47,000. Finally, EverSource Wealth Advisors LLC raised its holdings in Enersys by 626.3% in the second quarter. EverSource Wealth Advisors LLC now owns 552 shares of the industrial products company’s stock valued at $47,000 after buying an additional 476 shares during the period. 94.93% of the stock is currently owned by hedge funds and other institutional investors.

Enersys Stock Down 0.7%

ENS stock opened at $238.39 on Friday. Enersys has a twelve month low of $80.82 and a twelve month high of $244.30. 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 company has a market capitalization of $8.71 billion, a P/E ratio of 30.92, a PEG ratio of 1.33 and a beta of 1.17. The firm has a 50 day simple moving average of $209.22 and a 200-day simple moving average of $177.50.

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

Enersys Announces Dividend

The business 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 $0.2625 dividend. This represents a $1.05 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Thursday, June 18th. Enersys’s dividend payout ratio (DPR) is presently 13.62%.

Analyst Upgrades and Downgrades

ENS has been the topic of several research reports. BTIG Research raised their price target on shares of Enersys from $185.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Roth Mkm restated a “buy” rating and issued a $265.00 price target on shares of Enersys in a report on Friday, May 22nd. TD Cowen raised their price target on shares of Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Weiss Ratings restated a “buy (b)” rating on shares of Enersys in a report on Friday, April 24th. Finally, Oppenheimer raised their price target on shares of Enersys from $210.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, May 22nd. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target 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.