Erste Asset Management GmbH Has $8.75 Million Position in Enersys $ENS

Erste Asset Management GmbH trimmed its stake in shares of Enersys (NYSE:ENS) by 10.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,405 shares of the industrial products company’s stock after selling 9,500 shares during the quarter. Erste Asset Management GmbH owned approximately 0.21% of Enersys worth $8,746,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in ENS. Geode Capital Management LLC grew its stake in shares of Enersys by 2.4% during the second quarter. Geode Capital Management LLC now owns 989,020 shares of the industrial products company’s stock worth $84,838,000 after buying an additional 23,252 shares during the last quarter. First Trust Advisors LP boosted its holdings in shares of Enersys by 4.0% during the 2nd quarter. First Trust Advisors LP now owns 882,082 shares of the industrial products company’s stock valued at $75,656,000 after acquiring an additional 33,887 shares in the last quarter. New South Capital Management Inc. boosted its holdings in shares of Enersys by 22.6% during the 3rd quarter. New South Capital Management Inc. now owns 857,600 shares of the industrial products company’s stock valued at $96,874,000 after acquiring an additional 158,267 shares in the last quarter. AQR Capital Management LLC grew its position in Enersys by 8.2% during the 2nd quarter. AQR Capital Management LLC now owns 500,539 shares of the industrial products company’s stock worth $42,931,000 after acquiring an additional 38,005 shares during the last quarter. Finally, Segall Bryant & Hamill LLC increased its holdings in Enersys by 13.9% in the 2nd quarter. Segall Bryant & Hamill LLC now owns 474,181 shares of the industrial products company’s stock worth $40,671,000 after purchasing an additional 57,800 shares in the last quarter. Institutional investors own 94.93% of the company’s stock.

Insiders Place Their Bets

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

Enersys Stock Performance

Shares of ENS stock opened at $166.05 on Friday. The stock has a market capitalization of $6.12 billion, a PE ratio of 20.58, a PEG ratio of 1.11 and a beta of 1.11. The business’s 50 day simple moving average is $167.36 and its 200 day simple moving average is $137.36. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.75 and a quick ratio of 1.72. Enersys has a one year low of $76.57 and a one year high of $194.77.

Enersys (NYSE:ENS) last issued its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.73 by $0.04. Enersys had a net margin of 8.37% and a return on equity of 21.27%. The firm had revenue of $919.13 million for the quarter, compared to the consensus estimate of $932.13 million. During the same quarter in the previous year, the company earned $3.12 EPS. The company’s revenue for the quarter was up 1.4% on a year-over-year basis. Enersys has set its Q4 2026 guidance at 2.950-3.050 EPS. As a group, research analysts forecast that Enersys will post 9.99 earnings per share for the current year.

Enersys Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 13th will be given a dividend of $0.2625 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $1.05 dividend on an annualized basis and a yield of 0.6%. Enersys’s dividend payout ratio is 13.01%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Enersys in a research report on Tuesday, January 27th. Wall Street Zen lowered shares of Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 31st. BTIG Research boosted their target price on shares of Enersys from $175.00 to $185.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Roth Mkm restated a “buy” rating and issued a $208.00 price target (up from $164.00) on shares of Enersys in a research report on Tuesday, February 3rd. Finally, Zacks Research lowered shares of Enersys from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $177.00.

Enersys Company 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.