Summit Investment Advisors Inc. Sells 416 Shares of Enersys $ENS

Summit Investment Advisors Inc. decreased its holdings in shares of Enersys (NYSE:ENS) by 3.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,746 shares of the industrial products company’s stock after selling 416 shares during the quarter. Summit Investment Advisors Inc.’s holdings in Enersys were worth $1,076,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in ENS. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in shares of Enersys during the second quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd increased its position in Enersys by 2,500.0% during the first quarter. Caitong International Asset Management Co. Ltd now owns 338 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 325 shares during the period. Gen Wealth Partners Inc acquired a new position in Enersys during the 1st quarter valued at $36,000. UMB Bank n.a. boosted its holdings in Enersys by 80.6% in the 2nd quarter. UMB Bank n.a. now owns 773 shares of the industrial products company’s stock valued at $66,000 after purchasing an additional 345 shares during the period. Finally, Covestor Ltd grew its position in Enersys by 34.0% in the 1st quarter. Covestor Ltd now owns 1,036 shares of the industrial products company’s stock worth $95,000 after purchasing an additional 263 shares during the last quarter. 94.93% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on ENS shares. Roth Capital reaffirmed a “buy” rating and set a $120.00 price objective on shares of Enersys in a research report on Tuesday, August 5th. Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 8th. Oppenheimer reiterated an “outperform” rating on shares of Enersys in a research report on Friday, November 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Enersys in a report on Thursday, October 30th. Finally, Zacks Research upgraded Enersys from a “hold” rating to a “strong-buy” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company. According to data from MarketBeat.com, Enersys presently has an average rating of “Buy” and an average target price of $126.00.

Enersys Stock Up 0.2%

NYSE ENS opened at $138.85 on Thursday. Enersys has a 1-year low of $76.57 and a 1-year high of $141.00. The company has a market capitalization of $5.12 billion, a price-to-earnings ratio of 15.85, a PEG ratio of 0.71 and a beta of 1.13. The stock’s 50 day moving average is $116.89 and its two-hundred day moving average is $100.25. The company has a current ratio of 3.00, a quick ratio of 1.91 and a debt-to-equity ratio of 0.68.

Enersys (NYSE:ENS) last posted its earnings results on Wednesday, November 5th. The industrial products company reported $2.56 EPS for the quarter, topping the consensus estimate of $2.36 by $0.20. The business had revenue of $951.30 million during the quarter, compared to the consensus estimate of $890.27 million. Enersys had a return on equity of 21.99% and a net margin of 9.60%.Enersys’s revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the company earned $2.12 EPS. Enersys has set its Q3 2026 guidance at 2.710-2.81 EPS. Equities analysts forecast that Enersys will post 9.99 earnings per share for the current fiscal year.

Enersys Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Friday, December 12th will be paid a $0.2625 dividend. This represents a $1.05 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Friday, December 12th. Enersys’s payout ratio is currently 12.28%.

Enersys Company Profile

EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.