Enersys $ENS Holdings Cut by Earnest Partners LLC

Earnest Partners LLC cut its stake in shares of Enersys (NYSE:ENS) by 5.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,036,621 shares of the industrial products company’s stock after selling 56,432 shares during the quarter. Earnest Partners LLC owned approximately 2.81% of Enersys worth $117,097,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Invesco Ltd. increased its position in Enersys by 5.9% in the third quarter. Invesco Ltd. now owns 1,158,838 shares of the industrial products company’s stock worth $130,902,000 after buying an additional 64,503 shares during the period. Geode Capital Management LLC increased its holdings 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 worth $84,838,000 after acquiring an additional 23,252 shares during the period. First Trust Advisors LP lifted its position in Enersys by 9.4% in the 3rd quarter. First Trust Advisors LP now owns 965,026 shares of the industrial products company’s stock valued at $109,009,000 after purchasing an additional 82,944 shares during the last quarter. New South Capital Management Inc. boosted its stake in 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 valued at $96,874,000 after purchasing an additional 158,267 shares during the period. Finally, Boston Partners grew its position in Enersys by 4.7% in the 3rd quarter. Boston Partners now owns 680,174 shares of the industrial products company’s stock worth $76,973,000 after purchasing an additional 30,767 shares during the last quarter. Institutional investors and hedge funds own 94.93% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Zacks Research downgraded Enersys from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Wall Street Zen lowered Enersys from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 31st. Roth Mkm reissued a “buy” rating and set a $208.00 price target (up from $164.00) on shares of Enersys in a report on Tuesday, February 3rd. Weiss Ratings restated a “buy (b)” rating on shares of Enersys in a research note on Tuesday, January 27th. Finally, BTIG Research raised their target price 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $177.00.

Enersys Stock Up 0.9%

Shares of ENS stock opened at $161.15 on Friday. Enersys has a 1 year low of $76.57 and a 1 year high of $194.77. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.72 and a current ratio of 2.75. The business’s fifty day moving average is $169.94 and its 200-day moving average is $141.99. The stock has a market cap of $5.94 billion, a PE ratio of 19.97, a price-to-earnings-growth ratio of 1.04 and a beta of 1.11.

Enersys (NYSE:ENS) last announced 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 during the quarter, compared to analyst estimates of $932.13 million. During the same quarter in the prior year, the firm posted $3.12 earnings per share. The company’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. Equities analysts expect that Enersys will post 9.99 earnings per share for the current fiscal year.

Enersys Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 13th will be issued a $0.2625 dividend. This represents a $1.05 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Friday, March 13th. Enersys’s dividend payout ratio is presently 13.01%.

About Enersys

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.