Danske Bank A S Buys Shares of 51,018 Enersys $ENS

Danske Bank A S purchased a new position in Enersys (NYSE:ENS) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 51,018 shares of the industrial products company’s stock, valued at approximately $11,929,000.

Other institutional investors have also recently made changes to their positions in the company. Stifel Financial Corp lifted its holdings in shares of Enersys by 2.0% during the 4th quarter. Stifel Financial Corp now owns 4,252 shares of the industrial products company’s stock worth $624,000 after acquiring an additional 84 shares during the last quarter. Kestra Advisory Services LLC grew its position in Enersys by 4.9% in the fourth quarter. Kestra Advisory Services LLC now owns 2,009 shares of the industrial products company’s stock worth $295,000 after acquiring an additional 94 shares in the last quarter. Merit Financial Group LLC increased its stake in Enersys by 3.8% in the third quarter. Merit Financial Group LLC now owns 2,662 shares of the industrial products company’s stock valued at $301,000 after acquiring an additional 97 shares during the last quarter. CIBC Private Wealth Group LLC raised its position in Enersys by 116.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 98 shares in the last quarter. Finally, State of Michigan Retirement System raised its position in Enersys by 1.1% during the first quarter. State of Michigan Retirement System now owns 8,872 shares of the industrial products company’s stock valued at $1,541,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 94.93% of the company’s stock.

Key Enersys News

Here are the key news stories impacting Enersys this week:

• Positive Sentiment: Zacks upgraded Enersys from “Hold” to “Strong Buy,” adding to the bullish analyst momentum surrounding the battery and energy-storage company. Zacks upgrade report
• Positive Sentiment: Enersys was highlighted as a high-growth, GARP investment with a discounted PEG ratio, indicating that its valuation appears attractive relative to expected earnings growth. High-growth GARP stocks article
• Positive Sentiment: ENS appeared on Zacks’ Strong Buy lists for growth, value and new Strong Buy additions, reinforcing the view that analysts see favorable earnings potential and valuation. Zacks growth stocks list
• Positive Sentiment: Enersys was identified as a value stock with an attractive enterprise-value-to-EBITDA ratio and strong earnings outlook. Value stocks article
• Positive Sentiment: ENS was included among dividend stocks that recently raised their payouts, supporting the income-investment case even amid geopolitical uncertainty. Dividend hikes article
• Neutral Sentiment: Brokerages currently assign Enersys a consensus “Moderate Buy” rating, positive but less decisive than the new Zacks “Strong Buy” designation. Brokerage consensus report

Enersys Stock Down 2.3%

ENS opened at $189.57 on Friday. Enersys has a 12 month low of $97.03 and a 12 month high of $244.30. The company has a current ratio of 2.80, a quick ratio of 1.83 and a debt-to-equity ratio of 0.51. The business’s 50-day moving average price is $204.09 and its 200-day moving average price is $197.84. The company has a market cap of $6.84 billion, a P/E ratio of 20.30, a P/E/G ratio of 0.96 and a beta of 1.19.

Enersys (NYSE:ENS) last posted its quarterly earnings results on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.83 by $0.83. The business had revenue of $935.64 million for the quarter, compared to analyst estimates of $928.01 million. Enersys had a return on equity of 24.02% and a net margin of 9.29%.Enersys’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period last year, the company earned $2.08 EPS. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. On average, 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 will be paid on Friday, October 2nd. Stockholders of record on Friday, September 18th will be issued a $0.2875 dividend. This is a positive change from Enersys’s previous quarterly dividend of $0.26. This represents a $1.15 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Friday, September 18th. Enersys’s dividend payout ratio (DPR) is 11.24%.

Analyst Ratings Changes

ENS has been the subject of several research analyst reports. TD Cowen lifted their price target on Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Oppenheimer reissued an “outperform” rating on shares of Enersys in a report on Friday, August 14th. Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. Weiss Ratings lowered Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. Finally, BTIG Research reiterated a “buy” rating and set a $280.00 price target on shares of Enersys in a research report on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $265.00.

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.