Erste Asset Management GmbH Sells 9,500 Shares of Enersys $ENS

Erste Asset Management GmbH lowered its stake in Enersys (NYSE:ENS) by 10.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 78,405 shares of the industrial products company’s stock after selling 9,500 shares during the quarter. Erste Asset Management GmbH’s holdings in Enersys were worth $8,746,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Geode Capital Management LLC grew its holdings in Enersys by 2.4% in the second quarter. Geode Capital Management LLC now owns 989,020 shares of the industrial products company’s stock worth $84,838,000 after purchasing an additional 23,252 shares during the period. First Trust Advisors LP raised its holdings in shares of Enersys by 4.0% during the second quarter. First Trust Advisors LP now owns 882,082 shares of the industrial products company’s stock valued at $75,656,000 after purchasing an additional 33,887 shares during the period. New South Capital Management Inc. boosted its position in shares of Enersys by 22.6% during the 3rd quarter. New South Capital Management Inc. now owns 857,600 shares of the industrial products company’s stock worth $96,874,000 after purchasing an additional 158,267 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Enersys by 8.2% in the 2nd quarter. AQR Capital Management LLC now owns 500,539 shares of the industrial products company’s stock valued at $42,931,000 after buying an additional 38,005 shares during the period. Finally, Segall Bryant & Hamill LLC increased its position in Enersys by 13.9% in the 2nd quarter. Segall Bryant & Hamill LLC now owns 474,181 shares of the industrial products company’s stock valued at $40,671,000 after buying an additional 57,800 shares in the last quarter. 94.93% of the stock is owned by institutional investors.

Analysts Set New Price Targets

ENS has been the topic of several recent research reports. Zacks Research lowered Enersys from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Enersys in a research report on Tuesday, January 27th. Wall Street Zen cut Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 31st. Oppenheimer restated an “outperform” rating on shares of Enersys in a research note on Friday, November 7th. Finally, BTIG Research raised their price objective on shares of Enersys from $175.00 to $185.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Enersys presently has an average rating of “Moderate Buy” and an average price target of $177.00.

Enersys Trading Down 3.0%

Shares of Enersys stock opened at $166.05 on Friday. The company has a market capitalization of $6.12 billion, a P/E ratio of 20.58, a price-to-earnings-growth ratio of 1.11 and a beta of 1.11. The stock has a fifty day simple moving average of $167.36 and a 200 day simple moving average of $137.36. Enersys has a 12-month low of $76.57 and a 12-month high of $194.77. The company has a current ratio of 2.75, a quick ratio of 1.72 and a debt-to-equity ratio of 0.61.

Enersys (NYSE:ENS) last issued its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.77 earnings per share for the quarter, beating the consensus estimate of $2.73 by $0.04. Enersys had a return on equity of 21.27% and a net margin of 8.37%.The business had revenue of $919.13 million for the quarter, compared to analysts’ expectations of $932.13 million. During the same period last year, the business earned $3.12 EPS. The business’s revenue was up 1.4% on a year-over-year basis. Enersys has set its Q4 2026 guidance at 2.950-3.050 EPS. On average, sell-side analysts anticipate that Enersys will post 9.99 earnings per share for the current fiscal year.

Enersys Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be issued a dividend of $0.2625 per share. The ex-dividend date is Friday, March 13th. This represents a $1.05 annualized dividend and a yield of 0.6%. Enersys’s payout ratio is 13.01%.

Insider Transactions at Enersys

In other Enersys news, insider Chad C. Uplinger sold 6,702 shares of the company’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $151.46, for a total value of $1,015,084.92. Following the completion of the sale, the insider directly owned 23,713 shares of the company’s stock, valued at approximately $3,591,570.98. This represents a 22.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.91% of the company’s stock.

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.