3,225 Enersys $ENS Shares Bought by Skylands Capital LLC

Skylands Capital LLC increased its stake in Enersys (NYSE:ENS) by 7.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 47,590 shares of the industrial products company’s stock after buying an additional 3,225 shares during the quarter. Enersys comprises 1.1% of Skylands Capital LLC’s portfolio, making the stock its 25th largest position. Skylands Capital LLC owned about 0.13% of Enersys worth $8,734,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of ENS. BlackRock Inc. acquired a new position in Enersys during the 2nd quarter worth approximately $1,221,455,000. Principal Financial Group Inc. grew its position in Enersys by 10.1% in the first quarter. Principal Financial Group Inc. now owns 551,045 shares of the industrial products company’s stock valued at $95,728,000 after acquiring an additional 50,660 shares in the last quarter. Bank of America Corp DE grew its position in Enersys by 6.8% in the first quarter. Bank of America Corp DE now owns 459,504 shares of the industrial products company’s stock valued at $79,825,000 after acquiring an additional 29,364 shares in the last quarter. Paradigm Capital Management Inc. NY acquired a new stake in Enersys in the second quarter valued at approximately $102,249,000. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Enersys by 6.4% during the first quarter. Arrowstreet Capital Limited Partnership now owns 345,303 shares of the industrial products company’s stock valued at $59,986,000 after purchasing an additional 20,767 shares during the period. 94.93% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ENS has been the topic of a number of recent research reports. Zacks Research cut shares of Enersys from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 13th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Enersys in a report on Tuesday, September 22nd. Oppenheimer reiterated an “outperform” rating on shares of Enersys in a report on Friday, August 14th. BTIG Research reissued a “buy” rating and issued a $280.00 price objective on shares of Enersys in a research report on Thursday, August 13th. Finally, Wall Street Zen raised shares of Enersys from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $265.00.

Enersys Stock Performance

Shares of ENS opened at $177.18 on Thursday. The firm has a market cap of $6.39 billion, a price-to-earnings ratio of 18.97, a PEG ratio of 0.85 and a beta of 1.18. The company has a quick ratio of 1.83, a current ratio of 2.80 and a debt-to-equity ratio of 0.51. The business’s 50 day moving average is $182.76 and its two-hundred day moving average is $200.89. Enersys has a 52-week low of $116.87 and a 52-week high of $244.30.

Enersys (NYSE:ENS) last released its quarterly earnings results on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share for the quarter, topping analysts’ consensus estimates of $2.83 by $0.83. The business had revenue of $935.64 million during the quarter, compared to the consensus estimate of $928.01 million. Enersys had a net margin of 9.29% and a return on equity of 24.02%. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the company earned $2.08 earnings per share. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Analysts forecast that Enersys will post 13.41 EPS for the current fiscal year.

Enersys Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Friday, September 18th were issued a dividend of $0.2875 per share. The ex-dividend date of this dividend was Friday, September 18th. This represents a $1.15 annualized dividend and a yield of 0.6%. This is an increase from Enersys’s previous quarterly dividend of $0.2625. Enersys’s dividend payout ratio (DPR) is 12.31%.

About Enersys

EnerSys (NYSE: ENS) is a global provider of stored energy solutions for industrial, transportation, telecommunications, utility, data center, aerospace and defense applications. The company designs, manufactures and distributes industrial batteries, battery chargers, power systems and related equipment used for backup power, motive power and energy management.

Its product portfolio includes lead-acid and lithium-ion batteries, motive-power systems for electric forklifts and other material-handling equipment, reserve-power batteries for telecommunications and data centers, and specialized energy systems for aerospace, defense and other critical applications.