Shares of Enersys (NYSE:ENS – Get Free Report) reached a new 52-week high on Monday . The company traded as high as $232.76 and last traded at $233.0550, with a volume of 15078 shares traded. The stock had previously closed at $229.82.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of Enersys from a “buy” rating to a “hold” rating in a research report on Saturday. TD Cowen assumed coverage on shares of Enersys in a research report on Thursday, March 19th. They set a “buy” rating and a $190.00 price target for the company. Weiss Ratings reissued a “buy (b)” rating on shares of Enersys in a research report on Friday, April 24th. BTIG Research raised their price target on shares of Enersys from $175.00 to $185.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Finally, Roth Mkm reissued a “buy” rating and set a $208.00 price target (up from $164.00) on shares of Enersys in a research report on Tuesday, February 3rd. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Enersys has an average rating of “Moderate Buy” and a consensus price target of $180.25.
Check Out Our Latest Analysis on Enersys
Enersys Price Performance
Hedge Funds Weigh In On Enersys
Several large investors have recently added to or reduced their stakes in ENS. PFG Investments LLC lifted its holdings in Enersys by 4.2% in the 4th quarter. PFG Investments LLC now owns 1,939 shares of the industrial products company’s stock worth $285,000 after purchasing an additional 78 shares during the last quarter. Stifel Financial Corp lifted its holdings in Enersys by 2.0% in the 4th quarter. Stifel Financial Corp now owns 4,252 shares of the industrial products company’s stock worth $624,000 after purchasing an additional 84 shares during the last quarter. Kestra Advisory Services LLC lifted its holdings in Enersys by 4.9% in the 4th quarter. Kestra Advisory Services LLC now owns 2,009 shares of the industrial products company’s stock worth $295,000 after purchasing an additional 94 shares during the last quarter. Merit Financial Group LLC lifted its holdings in Enersys by 3.8% in the 3rd quarter. Merit Financial Group LLC now owns 2,662 shares of the industrial products company’s stock worth $301,000 after purchasing an additional 97 shares during the last quarter. Finally, CIBC Private Wealth Group LLC lifted its holdings 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. 94.93% of the stock is currently owned by institutional investors.
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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