Kennedy Capital Management LLC trimmed its position in Enersys (NYSE:ENS – Free Report) by 15.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 262,793 shares of the industrial products company’s stock after selling 48,527 shares during the period. Enersys comprises about 0.8% of Kennedy Capital Management LLC’s investment portfolio, making the stock its 7th largest position. Kennedy Capital Management LLC owned about 0.71% of Enersys worth $38,565,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Barclays PLC increased its stake in shares of Enersys by 28.4% during the 4th quarter. Barclays PLC now owns 176,966 shares of the industrial products company’s stock valued at $25,970,000 after acquiring an additional 39,179 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of Enersys by 175.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 324,536 shares of the industrial products company’s stock valued at $47,626,000 after acquiring an additional 206,857 shares during the last quarter. Kestra Advisory Services LLC increased its stake in shares of Enersys by 4.9% during the 4th quarter. Kestra Advisory Services LLC now owns 2,009 shares of the industrial products company’s stock valued at $295,000 after acquiring an additional 94 shares during the last quarter. FORA Capital LLC acquired a new position in shares of Enersys during the 4th quarter valued at about $312,000. Finally, CreativeOne Wealth LLC acquired a new position in shares of Enersys during the 4th quarter valued at about $213,000. Institutional investors and hedge funds own 94.93% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on the stock. BTIG Research upped their price objective on shares of Enersys from $250.00 to $280.00 and gave the company a “buy” rating in a research note on Friday. TD Cowen upped their price objective on shares of Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Roth Mkm reaffirmed a “buy” rating and set a $265.00 price objective on shares of Enersys in a research note on Friday, May 22nd. Wall Street Zen raised shares of Enersys from a “buy” rating to a “strong-buy” rating in a research note on Monday, June 8th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Enersys in a research note on Friday, April 24th. Five research 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 an average rating of “Moderate Buy” and an average target price of $265.00.
Enersys Stock Up 0.7%
ENS opened at $224.55 on Friday. The firm has a 50 day moving average price of $215.47 and a 200 day moving average price of $180.95. The company has a market cap of $8.20 billion, a PE ratio of 29.12, a price-to-earnings-growth ratio of 1.24 and a beta of 1.17. Enersys has a 1 year low of $80.82 and a 1 year 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.
Enersys (NYSE:ENS – Get Free Report) last posted its earnings results on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.00 by $0.19. The firm had revenue of $987.94 million during the quarter, compared to the consensus estimate of $973.84 million. Enersys had a net margin of 7.83% and a return on equity of 21.39%. The company’s revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.97 EPS. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Sell-side analysts expect that Enersys will post 12.07 earnings per share for the current year.
Enersys Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 19th will be given a dividend of $0.2625 per share. This represents a $1.05 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, June 18th. Enersys’s dividend payout ratio is 13.62%.
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.
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