Geode Capital Management LLC reduced its stake in Enersys (NYSE:ENS – Free Report) by 1.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 944,941 shares of the industrial products company’s stock after selling 16,967 shares during the period. Geode Capital Management LLC’s holdings in Enersys were worth $138,691,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of ENS. United Services Automobile Association purchased a new stake in Enersys in the 1st quarter valued at about $240,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Enersys by 9.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 113,770 shares of the industrial products company’s stock valued at $10,419,000 after buying an additional 9,737 shares during the period. Arrowstreet Capital Limited Partnership purchased a new stake in Enersys in the 2nd quarter valued at about $4,623,000. EverSource Wealth Advisors LLC raised its holdings in Enersys by 626.3% in the 2nd 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. Finally, Cerity Partners LLC purchased a new stake in Enersys in the 2nd quarter valued at about $460,000. 94.93% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
ENS has been the topic of several research analyst reports. TD Cowen boosted their price objective on shares of Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Oppenheimer boosted their price target on shares of Enersys from $210.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, May 22nd. BTIG Research boosted their price target on shares of Enersys from $185.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Wall Street Zen lowered shares of Enersys from a “strong-buy” rating to a “buy” rating in a research note on Sunday, May 31st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Enersys in a research note on Friday, April 24th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Enersys currently has an average rating of “Moderate Buy” and a consensus price target of $257.50.
Enersys Stock Down 0.7%
Shares of NYSE:ENS opened at $238.39 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.66 and a quick ratio of 1.76. The firm has a market capitalization of $8.71 billion, a PE ratio of 30.92, a price-to-earnings-growth ratio of 1.33 and a beta of 1.17. The firm’s 50-day moving average is $209.22 and its two-hundred day moving average is $177.50. Enersys has a 1 year low of $80.82 and a 1 year high of $244.30.
Enersys (NYSE:ENS – Get Free Report) last issued its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.00 by $0.19. The company had revenue of $987.94 million for the quarter, compared to analyst estimates of $973.84 million. Enersys had a net margin of 7.83% and a return on equity of 21.39%. The business’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.97 earnings per share. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Analysts predict that Enersys will post 12.07 EPS for the current year.
Enersys Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Friday, June 19th will be given a dividend of $0.2625 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.4%. Enersys’s payout ratio is currently 13.62%.
Enersys Profile
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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