Paradigm Capital Management Inc. NY Decreases Position in Enersys $ENS

Paradigm Capital Management Inc. NY trimmed its position in Enersys (NYSE:ENS) by 5.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 441,900 shares of the industrial products company’s stock after selling 23,900 shares during the quarter. Enersys makes up 2.9% of Paradigm Capital Management Inc. NY’s portfolio, making the stock its 8th biggest position. Paradigm Capital Management Inc. NY’s holdings in Enersys were worth $76,767,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ENS. CIBC Private Wealth Group LLC lifted its position in Enersys by 116.7% during the 4th 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 during the period. Allworth Financial LP grew its position in shares of Enersys by 442.2% during the 3rd quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock worth $28,000 after buying an additional 199 shares during the period. Los Angeles Capital Management LLC acquired a new stake in shares of Enersys during the 4th quarter worth approximately $30,000. SBI Securities Co. Ltd. raised its stake in shares of Enersys by 239.7% during the fourth quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock worth $31,000 after buying an additional 151 shares during the last quarter. Finally, Leonteq Securities AG acquired a new position in Enersys in the fourth quarter valued at approximately $37,000. 94.93% of the stock is owned by institutional investors.

Enersys Stock Down 4.8%

Shares of NYSE ENS opened at $190.43 on Friday. Enersys has a 52-week low of $88.76 and a 52-week high of $244.30. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.76 and a current ratio of 2.66. The stock has a market cap of $6.94 billion, a P/E ratio of 24.70, a P/E/G ratio of 1.10 and a beta of 1.17. The firm has a 50 day moving average price of $218.91 and a 200 day moving average price of $194.66.

Enersys (NYSE:ENS) last posted its earnings results on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share for the quarter, topping the consensus estimate of $3.00 by $0.19. The company had revenue of $987.94 million for the quarter, compared to analyst estimates of $973.84 million. Enersys had a net margin of 7.83% and a return on equity of 21.39%. The business’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period last year, the business posted $2.97 earnings per share. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Analysts expect that Enersys will post 12.1 EPS for the current year.

Enersys Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Friday, June 19th were given a $0.2625 dividend. The ex-dividend date was Thursday, June 18th. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.6%. Enersys’s dividend payout ratio is currently 13.62%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ENS. Roth Capital reaffirmed a “buy” rating and issued a $265.00 price objective on shares of Enersys in a research note on Friday, May 22nd. Wall Street Zen cut shares of Enersys from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 18th. TD Cowen increased their price target on Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Oppenheimer raised their price target on Enersys from $210.00 to $250.00 and gave the stock an “outperform” rating in a research report on Friday, May 22nd. Finally, BTIG Research upped their price objective on Enersys from $250.00 to $280.00 and gave the company a “buy” rating in a report on Friday, June 12th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $265.00.

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.