NewEdge Wealth LLC purchased a new stake in Enersys (NYSE:ENS – Free Report) in the first quarter, Holdings Channel.com reports. The firm purchased 10,416 shares of the industrial products company’s stock, valued at approximately $1,809,000.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. PFG Investments LLC grew its holdings in Enersys by 4.2% during the 4th 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 last quarter. Stifel Financial Corp grew its stake in shares of Enersys by 2.0% during the fourth quarter. Stifel Financial Corp now owns 4,252 shares of the industrial products company’s stock valued at $624,000 after purchasing an additional 84 shares during the last quarter. Kestra Advisory Services LLC grew its stake in shares of Enersys by 4.9% during 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 during the last quarter. Merit Financial Group LLC increased its holdings in shares of Enersys by 3.8% in the third quarter. Merit Financial Group LLC now owns 2,662 shares of the industrial products company’s stock valued at $301,000 after purchasing an additional 97 shares in the last quarter. Finally, CIBC Private Wealth Group LLC raised its position in Enersys by 116.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 98 shares during the last quarter. Institutional investors and hedge funds own 94.93% of the company’s stock.
Analyst Ratings Changes
A number of brokerages recently weighed in on ENS. BTIG Research increased their price target on shares of Enersys from $250.00 to $280.00 and gave the company a “buy” rating in a research report on Friday, June 12th. Weiss Ratings downgraded shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. Oppenheimer increased their target price on shares of Enersys from $210.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, May 22nd. TD Cowen lifted their price target on shares of Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Finally, Wall Street Zen lowered shares of Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. 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 data from MarketBeat, Enersys presently has a consensus rating of “Moderate Buy” and a consensus price target of $265.00.
Enersys Stock Performance
Shares of NYSE ENS opened at $190.43 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. Enersys has a 12 month low of $88.76 and a 12 month high of $244.30. The stock has a 50 day moving average of $218.91 and a 200-day moving average of $194.66. The company has a market capitalization of $6.94 billion, a P/E ratio of 24.70, a P/E/G ratio of 1.05 and a beta of 1.17.
Enersys (NYSE:ENS – Get Free Report) last posted 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. Enersys had a return on equity of 21.39% and a net margin of 7.83%.The business had revenue of $987.94 million for the quarter, compared to analyst estimates of $973.84 million. During the same period in the previous year, the firm earned $2.97 EPS. The firm’s 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. As a group, equities research analysts predict that Enersys will post 12.1 EPS for the current year.
Enersys Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Friday, June 19th were given a $0.2625 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.05 annualized dividend and a dividend yield of 0.6%. Enersys’s dividend payout ratio is presently 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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