445,716 Shares in Enersys $ENS Acquired by Norges Bank

Norges Bank acquired a new stake in Enersys (NYSE:ENS) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 445,716 shares of the industrial products company’s stock, valued at approximately $38,229,000.

A number of other institutional investors have also recently modified their holdings of ENS. ABLE Financial Group LLC bought a new position in shares of Enersys in the second quarter worth $1,808,000. Intech Investment Management LLC lifted its position in Enersys by 13.4% during the first quarter. Intech Investment Management LLC now owns 29,706 shares of the industrial products company’s stock worth $2,720,000 after purchasing an additional 3,512 shares during the period. Entropy Technologies LP grew its stake in Enersys by 235.6% during the second quarter. Entropy Technologies LP now owns 10,072 shares of the industrial products company’s stock worth $864,000 after buying an additional 7,071 shares in the last quarter. EP Wealth Advisors LLC bought a new position in Enersys in the 1st quarter valued at about $229,000. Finally, Geode Capital Management LLC raised its position in shares of Enersys by 2.4% in the 2nd quarter. Geode Capital Management LLC now owns 989,020 shares of the industrial products company’s stock valued at $84,838,000 after buying an additional 23,252 shares in the last quarter. 94.93% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ENS has been the topic of a number of recent analyst reports. Wall Street Zen raised shares of Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 8th. Oppenheimer reaffirmed an “outperform” rating on shares of Enersys in a report on Friday, November 7th. Zacks Research raised Enersys from a “hold” rating to a “strong-buy” rating in a report on Monday, November 10th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Enersys in a research report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $126.00.

Enersys Stock Performance

NYSE ENS opened at $147.62 on Monday. The firm’s fifty day moving average price is $128.08 and its two-hundred day moving average price is $105.93. The stock has a market cap of $5.45 billion, a PE ratio of 17.27, a PEG ratio of 0.96 and a beta of 1.10. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.73 and a current ratio of 2.77. Enersys has a fifty-two week low of $76.57 and a fifty-two week high of $148.21.

Enersys (NYSE:ENS) last released its quarterly earnings data on Wednesday, November 5th. The industrial products company reported $2.56 earnings per share for the quarter, beating the consensus estimate of $2.36 by $0.20. The company had revenue of $951.30 million for the quarter, compared to the consensus estimate of $890.27 million. Enersys had a return on equity of 22.48% and a net margin of 9.05%.Enersys’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter last year, the business posted $2.12 EPS. Enersys has set its Q3 2026 guidance at 2.710-2.81 EPS. On average, equities analysts expect that Enersys will post 9.99 EPS for the current fiscal year.

Enersys Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Friday, December 12th will be issued a dividend of $0.2625 per share. This represents a $1.05 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Friday, December 12th. Enersys’s payout ratio is 12.28%.

About Enersys

EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.