Retirement Systems of Alabama Lowers Holdings in Enersys $ENS

Retirement Systems of Alabama lowered its holdings in Enersys (NYSE:ENS) by 6.0% in the third quarter, HoldingsChannel reports. The firm owned 45,300 shares of the industrial products company’s stock after selling 2,891 shares during the quarter. Retirement Systems of Alabama’s holdings in Enersys were worth $5,117,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in ENS. Norges Bank acquired a new position in shares of Enersys in the second quarter worth $38,229,000. Ophir Asset Management Pty Ltd purchased a new position in Enersys in the second quarter valued at $28,719,000. Allianz Asset Management GmbH grew its stake in Enersys by 249.0% during the 2nd quarter. Allianz Asset Management GmbH now owns 428,394 shares of the industrial products company’s stock worth $36,743,000 after purchasing an additional 305,635 shares in the last quarter. Tributary Capital Management LLC increased its holdings in Enersys by 90.9% during the 3rd quarter. Tributary Capital Management LLC now owns 261,222 shares of the industrial products company’s stock worth $29,508,000 after purchasing an additional 124,356 shares during the period. Finally, Cooper Creek Partners Management LLC acquired a new stake in Enersys in the 2nd quarter valued at about $8,914,000. 94.93% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Enersys news, insider Chad C. Uplinger sold 6,702 shares of the company’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $151.46, for a total transaction of $1,015,084.92. Following the transaction, the insider directly owned 23,713 shares in the company, valued at approximately $3,591,570.98. This represents a 22.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ENS. Zacks Research downgraded Enersys from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Oppenheimer reiterated an “outperform” rating on shares of Enersys in a report on Friday, November 7th. BTIG Research raised shares of Enersys from a “neutral” rating to a “buy” rating in a research report on Monday, December 15th. Wall Street Zen cut shares of Enersys from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Enersys in a research note on Tuesday. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $129.00.

Enersys Trading Down 2.6%

Shares of Enersys stock opened at $180.05 on Friday. The company has a quick ratio of 1.73, a current ratio of 2.77 and a debt-to-equity ratio of 0.63. Enersys has a 52-week low of $76.57 and a 52-week high of $186.51. The firm has a market cap of $6.65 billion, a price-to-earnings ratio of 21.06, a price-to-earnings-growth ratio of 1.20 and a beta of 1.10. The company’s 50-day simple moving average is $155.24 and its 200-day simple moving average is $125.70.

Enersys (NYSE:ENS) last released its quarterly earnings data on Wednesday, November 5th. The industrial products company reported $2.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.36 by $0.20. Enersys had a return on equity of 22.48% and a net margin of 9.05%.The firm had revenue of $951.30 million during the quarter, compared to analysts’ expectations of $890.27 million. During the same quarter in the prior year, the business posted $2.12 earnings per share. Enersys’s revenue was up 7.6% compared to the same quarter last year. Enersys has set its Q3 2026 guidance at 2.710-2.81 EPS. As a group, equities research analysts anticipate that Enersys will post 9.99 earnings per share for the current year.

Enersys Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Friday, December 12th were paid a $0.2625 dividend. The ex-dividend date was Friday, December 12th. This represents a $1.05 annualized dividend and a dividend yield of 0.6%. Enersys’s dividend payout ratio (DPR) is 12.28%.

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.