BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of Enersys (NYSE:ENS – Free Report) during the fourth quarter, Holdings Channel reports. The institutional investor bought 28,541 shares of the industrial products company’s stock, valued at approximately $4,188,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank bought a new stake in shares of Enersys during the fourth quarter valued at approximately $78,599,000. LSV Asset Management lifted its stake in shares of Enersys by 298.9% in the fourth quarter. LSV Asset Management now owns 562,293 shares of the industrial products company’s stock valued at $82,516,000 after buying an additional 421,338 shares in the last quarter. Millennium Management LLC grew its holdings in shares of Enersys by 257.8% during the third quarter. Millennium Management LLC now owns 556,771 shares of the industrial products company’s stock valued at $62,893,000 after buying an additional 401,167 shares during the last quarter. Kennedy Capital Management LLC increased its position in shares of Enersys by 343.0% during the third quarter. Kennedy Capital Management LLC now owns 311,320 shares of the industrial products company’s stock worth $35,167,000 after acquiring an additional 241,045 shares in the last quarter. Finally, New South Capital Management Inc. increased its position in shares of Enersys by 22.6% during the third quarter. New South Capital Management Inc. now owns 857,600 shares of the industrial products company’s stock worth $96,874,000 after acquiring an additional 158,267 shares in the last quarter. 94.93% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several equities analysts recently weighed in on the stock. Wall Street Zen raised shares of Enersys from a “buy” rating to a “strong-buy” rating in a research report on Monday. BTIG Research boosted their price objective on Enersys from $185.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Roth Mkm reissued a “buy” rating and issued a $265.00 price objective on shares of Enersys in a research note on Friday, May 22nd. Oppenheimer raised their target price on Enersys from $210.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, May 22nd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Enersys in a research report on Friday, April 24th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $257.50.
Enersys Trading Down 0.3%
Shares of ENS stock opened at $226.36 on Monday. 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 capitalization of $8.27 billion, a price-to-earnings ratio of 29.36, a PEG ratio of 1.25 and a beta of 1.17. Enersys has a 52-week low of $80.82 and a 52-week high of $244.30. The company has a 50-day simple moving average of $210.20 and a two-hundred day simple moving average of $178.15.
Enersys (NYSE:ENS – Get Free Report) last announced its earnings results on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share for the quarter, topping analysts’ consensus estimates of $3.00 by $0.19. The firm had revenue of $987.94 million for the quarter, compared to the consensus estimate of $973.84 million. Enersys had a return on equity of 21.39% and a net margin of 7.83%.The company’s revenue was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.97 EPS. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Research analysts anticipate that Enersys will post 12.07 EPS for the current fiscal year.
Enersys Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 19th will be issued 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 is Thursday, June 18th. Enersys’s dividend payout ratio (DPR) is 13.62%.
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.
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