Enersys (NYSE:ENS) CFO Andrea Funk Purchases 108 Shares

Enersys (NYSE:ENS) CFO Andrea Funk bought 108 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The shares were purchased at an average cost of $228.47 per share, with a total value of $24,674.76. Following the purchase, the chief financial officer directly owned 56,396 shares of the company’s stock, valued at approximately $12,884,794.12. This represents a 0.19% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Enersys Trading Down 0.1%

Shares of ENS stock opened at $227.64 on Tuesday. The stock has a 50-day simple moving average of $205.18 and a 200 day simple moving average of $175.37. Enersys has a fifty-two week low of $80.82 and a fifty-two week high of $244.30. The stock has a market capitalization of $8.31 billion, a P/E ratio of 29.53, a P/E/G ratio of 1.26 and a beta of 1.17. The company has a quick ratio of 1.76, a current ratio of 2.66 and a debt-to-equity ratio of 0.57.

Enersys (NYSE:ENS) last announced its earnings results on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share for the quarter, beating the consensus estimate of $3.00 by $0.19. Enersys had a return on equity of 21.39% and a net margin of 7.83%.The business had revenue of $987.94 million during the quarter, compared to analysts’ expectations of $973.84 million. During the same quarter last year, the business posted $2.97 earnings per share. The company’s quarterly revenue was up 1.4% on a year-over-year basis. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. On average, sell-side analysts expect that Enersys will post 12.07 earnings per share for the current fiscal year.

Enersys Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 19th will be paid a dividend of $0.2625 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.05 annualized dividend and a yield of 0.5%. Enersys’s dividend payout ratio (DPR) is currently 13.62%.

Institutional Investors Weigh In On Enersys

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Caerus Investment Advisors LLC purchased a new stake in shares of Enersys during the 1st quarter worth about $222,000. Bank of America Corp DE raised its stake in shares of Enersys by 6.8% during the 1st quarter. Bank of America Corp DE now owns 459,504 shares of the industrial products company’s stock worth $79,825,000 after purchasing an additional 29,364 shares in the last quarter. Edgestream Partners L.P. raised its stake in shares of Enersys by 276.9% during the 1st quarter. Edgestream Partners L.P. now owns 15,534 shares of the industrial products company’s stock worth $2,699,000 after purchasing an additional 11,413 shares in the last quarter. Janus Henderson Group PLC raised its stake in shares of Enersys by 6.5% during the 1st quarter. Janus Henderson Group PLC now owns 80,217 shares of the industrial products company’s stock worth $13,935,000 after purchasing an additional 4,866 shares in the last quarter. Finally, Amundi raised its stake in shares of Enersys by 13.4% during the 1st quarter. Amundi now owns 54,681 shares of the industrial products company’s stock worth $9,499,000 after purchasing an additional 6,456 shares in the last quarter. 94.93% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on ENS. Wall Street Zen cut Enersys from a “strong-buy” rating to a “buy” rating in a research note on Sunday. BTIG Research upped their target price on Enersys from $185.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Enersys in a report on Friday, April 24th. Oppenheimer upped their target price on Enersys from $210.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, May 22nd. Finally, TD Cowen upped their target price on Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $257.50.

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.