OP Asset Management Ltd Takes Position in Enersys $ENS

OP Asset Management Ltd bought a new position in shares of Enersys (NYSE:ENS) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,016 shares of the industrial products company’s stock, valued at approximately $1,393,000.

A number of other large investors have also bought and sold shares of the stock. CIBC Private Wealth Group LLC increased its stake in Enersys by 116.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 98 shares in the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Enersys during the 4th quarter worth about $30,000. SBI Securities Co. Ltd. grew its stake in shares of Enersys by 239.7% in the 4th quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock valued at $31,000 after buying an additional 151 shares during the period. Allworth Financial LP increased its position in Enersys by 442.2% in the 3rd quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock valued at $28,000 after buying an additional 199 shares in the last quarter. Finally, Leonteq Securities AG bought a new stake in Enersys in the 4th quarter valued at about $37,000. 94.93% of the stock is currently owned by institutional investors and hedge funds.

Enersys Price Performance

ENS stock opened at $223.83 on Tuesday. The company has a market capitalization of $8.17 billion, a P/E ratio of 29.03, a price-to-earnings-growth ratio of 1.22 and a beta of 1.17. 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 has a 52-week low of $85.00 and a 52-week high of $244.30. The business has a 50-day simple moving average of $224.06 and a two-hundred day simple moving average of $187.54.

Enersys (NYSE:ENS) last issued its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $3.19 EPS for the quarter, topping the consensus estimate of $3.00 by $0.19. Enersys had a return on equity of 21.39% and a net margin of 7.83%.The firm had revenue of $987.94 million during the quarter, compared to the consensus estimate of $973.84 million. During the same period in the prior year, the business posted $2.97 earnings per share. The company’s quarterly revenue was up 1.4% compared to the same quarter last year. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Research analysts expect that Enersys will post 12.1 EPS for the current fiscal year.

Enersys Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 19th will be given a $0.2625 dividend. 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 presently 13.62%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on ENS. Roth Mkm reiterated a “buy” rating and issued a $265.00 price target on shares of Enersys in a report on Friday, May 22nd. Wall Street Zen downgraded Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. Weiss Ratings lowered Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday. BTIG Research increased their target price on Enersys from $250.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, June 12th. Finally, Oppenheimer boosted their price target on shares of Enersys from $210.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday, May 22nd. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Enersys currently has a consensus rating of “Moderate Buy” and a consensus price target of $265.00.

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.