Enersys $ENS Shares Sold by Fisher Asset Management LLC

Fisher Asset Management LLC cut its holdings in shares of Enersys (NYSE:ENS) by 10.7% in the fourth quarter, HoldingsChannel reports. The firm owned 320,360 shares of the industrial products company’s stock after selling 38,404 shares during the period. Fisher Asset Management LLC’s holdings in Enersys were worth $47,013,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ENS. LSV Asset Management lifted its position in Enersys by 298.9% during the fourth quarter. LSV Asset Management now owns 562,293 shares of the industrial products company’s stock valued at $82,516,000 after purchasing an additional 421,338 shares during the period. Millennium Management LLC lifted its position in Enersys by 257.8% during the third quarter. Millennium Management LLC now owns 556,771 shares of the industrial products company’s stock valued at $62,893,000 after purchasing an additional 401,167 shares during the period. Kennedy Capital Management LLC increased its holdings in Enersys by 343.0% in the third quarter. Kennedy Capital Management LLC now owns 311,320 shares of the industrial products company’s stock valued at $35,167,000 after buying an additional 241,045 shares in the last quarter. New South Capital Management Inc. increased its holdings in 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 buying an additional 158,267 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in Enersys by 30.3% in the third quarter. AQR Capital Management LLC now owns 652,128 shares of the industrial products company’s stock valued at $72,986,000 after buying an additional 151,589 shares in the last quarter. 94.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on ENS shares. BTIG Research lifted their price objective on shares of 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. Wall Street Zen raised shares of Enersys from a “hold” rating to a “strong-buy” rating in a report on Saturday. TD Cowen lifted their price objective on shares of Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Finally, Roth Mkm reaffirmed a “buy” rating and issued a $265.00 price objective on shares of Enersys in a report on Friday. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Enersys has a consensus rating of “Moderate Buy” and a consensus price target of $257.50.

Enersys Stock Up 4.6%

ENS stock opened at $242.86 on Wednesday. The stock has a market capitalization of $8.87 billion, a P/E ratio of 31.50, a P/E/G ratio of 1.28 and a beta of 1.17. The firm has a 50-day simple moving average of $199.95 and a 200-day simple moving average of $172.66. 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 has a 52 week low of $80.82 and a 52 week high of $244.30.

Enersys (NYSE:ENS) last released its earnings results on Wednesday, May 20th. The industrial products company reported $3.19 EPS for the quarter, topping analysts’ consensus estimates of $3.00 by $0.19. The business had revenue of $987.94 million during the quarter, compared to analysts’ expectations of $973.84 million. Enersys had a net margin of 7.83% and a return on equity of 21.39%. The company’s quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.97 earnings per share. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Equities analysts forecast that Enersys will post 12.13 earnings per share for the current fiscal year.

Enersys Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.4%. Enersys’s payout ratio is currently 13.62%.

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.