Skylands Capital LLC increased its holdings in Enersys (NYSE:ENS – Free Report) by 7.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 47,590 shares of the industrial products company’s stock after buying an additional 3,225 shares during the period. Enersys makes up about 1.1% of Skylands Capital LLC’s portfolio, making the stock its 25th largest holding. Skylands Capital LLC’s holdings in Enersys were worth $8,734,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of the business. Crossmark Global Holdings Inc. lifted its holdings in Enersys by 20.7% in the third quarter. Crossmark Global Holdings Inc. now owns 1,554 shares of the industrial products company’s stock worth $285,000 after acquiring an additional 266 shares during the last quarter. Nisa Investment Advisors LLC increased its position in Enersys by 18.4% in the third quarter. Nisa Investment Advisors LLC now owns 7,395 shares of the industrial products company’s stock worth $1,359,000 after buying an additional 1,151 shares during the period. Robeco Institutional Asset Management B.V. lifted its stake in Enersys by 33.5% in the third quarter. Robeco Institutional Asset Management B.V. now owns 16,578 shares of the industrial products company’s stock valued at $3,043,000 after buying an additional 4,156 shares during the last quarter. Net Worth Advisory Group boosted its holdings in shares of Enersys by 3.2% during the third quarter. Net Worth Advisory Group now owns 3,470 shares of the industrial products company’s stock valued at $658,000 after acquiring an additional 108 shares during the period. Finally, CWA Asset Management Group LLC boosted its holdings in shares of Enersys by 7.4% during the third quarter. CWA Asset Management Group LLC now owns 24,163 shares of the industrial products company’s stock valued at $4,435,000 after acquiring an additional 1,675 shares during the period. Institutional investors own 94.93% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on ENS shares. Oppenheimer restated an “outperform” rating on shares of Enersys in a research report on Friday, August 14th. Wall Street Zen upgraded shares of Enersys from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. Weiss Ratings reissued a “buy (b-)” rating on shares of Enersys in a research note on Tuesday, September 22nd. BTIG Research reissued a “buy” rating and set a $280.00 target price on shares of Enersys in a research note on Thursday, August 13th. Finally, Zacks Research cut shares of Enersys from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 13th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $265.00.
View Our Latest Research Report on ENS
Enersys Price Performance
Shares of NYSE ENS opened at $177.18 on Thursday. Enersys has a fifty-two week low of $116.87 and a fifty-two week high of $244.30. The firm’s 50-day simple moving average is $182.76 and its 200 day simple moving average is $200.89. The company has a quick ratio of 1.83, a current ratio of 2.80 and a debt-to-equity ratio of 0.51. The stock has a market cap of $6.39 billion, a P/E ratio of 18.97, a P/E/G ratio of 0.85 and a beta of 1.18.
Enersys (NYSE:ENS – Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share for the quarter, topping the consensus estimate of $2.83 by $0.83. The business had revenue of $935.64 million during the quarter, compared to the consensus estimate of $928.01 million. Enersys had a net margin of 9.29% and a return on equity of 24.02%. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.08 earnings per share. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Equities analysts expect that Enersys will post 13.41 EPS for the current year.
Enersys Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Friday, September 18th were given a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a yield of 0.6%. This is a positive change from Enersys’s previous quarterly dividend of $0.2625. The ex-dividend date was Friday, September 18th. Enersys’s payout ratio is currently 12.31%.
About Enersys
EnerSys (NYSE: ENS) is a global provider of stored energy solutions for industrial, transportation, telecommunications, utility, data center, aerospace and defense applications. The company designs, manufactures and distributes industrial batteries, battery chargers, power systems and related equipment used for backup power, motive power and energy management.
Its product portfolio includes lead-acid and lithium-ion batteries, motive-power systems for electric forklifts and other material-handling equipment, reserve-power batteries for telecommunications and data centers, and specialized energy systems for aerospace, defense and other critical applications.
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