PFA Pension Forsikringsaktieselskab acquired a new stake in shares of Enersys (NYSE:ENS – Free Report) during the 4th quarter, Holdings Channel reports. The fund acquired 28,541 shares of the industrial products company’s stock, valued at approximately $4,234,000.
Several other institutional investors and hedge funds have also recently modified their holdings of ENS. Cardinal Capital Management purchased a new position in shares of Enersys in the third quarter valued at $1,311,000. SG Americas Securities LLC boosted its stake in shares of Enersys by 279.0% in the third quarter. SG Americas Securities LLC now owns 14,351 shares of the industrial products company’s stock valued at $1,621,000 after purchasing an additional 10,564 shares during the period. AXQ Capital LP purchased a new position in shares of Enersys in the third quarter valued at $657,000. New South Capital Management Inc. boosted its stake in shares of Enersys by 22.6% in the third quarter. New South Capital Management Inc. now owns 857,600 shares of the industrial products company’s stock valued at $96,874,000 after purchasing an additional 158,267 shares during the period. Finally, First Trust Advisors LP boosted its stake in shares of Enersys by 9.4% in the third quarter. First Trust Advisors LP now owns 965,026 shares of the industrial products company’s stock valued at $109,009,000 after purchasing an additional 82,944 shares during the period. 94.93% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on ENS. Weiss Ratings restated a “buy (b)” rating on shares of Enersys in a research note on Friday, April 24th. BTIG Research upped their target price on shares of Enersys from $175.00 to $185.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Roth Mkm restated a “buy” rating and issued a $208.00 target price (up from $164.00) on shares of Enersys in a research note on Tuesday, February 3rd. Wall Street Zen downgraded shares of Enersys from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 31st. Finally, TD Cowen started coverage on shares of Enersys in a research note on Thursday, March 19th. They issued a “buy” rating and a $190.00 target price for the company. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Enersys has an average rating of “Moderate Buy” and a consensus price target of $180.25.
Enersys Stock Down 0.8%
Shares of NYSE:ENS opened at $210.69 on Tuesday. The stock has a market capitalization of $7.76 billion, a price-to-earnings ratio of 26.11, a price-to-earnings-growth ratio of 1.18 and a beta of 1.17. Enersys has a 1-year low of $76.60 and a 1-year high of $214.98. The company’s fifty day moving average is $179.20 and its two-hundred day moving average is $160.62. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.72 and a current ratio of 2.75.
Enersys (NYSE:ENS – Get Free Report) last issued its earnings results on Wednesday, February 4th. The industrial products company reported $2.77 earnings per share for the quarter, topping analysts’ consensus estimates of $2.73 by $0.04. The company had revenue of $919.10 million for the quarter, compared to analysts’ expectations of $932.13 million. Enersys had a net margin of 8.37% and a return on equity of 21.27%. The firm’s revenue was up 1.4% compared to the same quarter last year. During the same period in the prior year, the company earned $3.12 earnings per share. Enersys has set its Q4 2026 guidance at 2.950-3.050 EPS. Equities analysts anticipate that Enersys will post 10.35 EPS for the current year.
Enersys Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 13th were issued a dividend of $0.2625 per share. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Friday, March 13th. Enersys’s dividend payout ratio is 13.01%.
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.
See Also
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