Enersys (NYSE:ENS) Short Interest Update

Enersys (NYSE:ENS) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 1,230,732 shares, a growth of 45.7% from the February 26th total of 844,783 shares. Approximately 3.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 409,122 shares, the short-interest ratio is presently 3.0 days.

Hedge Funds Weigh In On Enersys

A number of hedge funds have recently made changes to their positions in the stock. CIBC Private Wealth Group LLC increased its holdings in shares of Enersys by 116.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock worth $27,000 after buying an additional 98 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in Enersys in the fourth quarter valued at $30,000. SBI Securities Co. Ltd. boosted its holdings in Enersys by 239.7% in the fourth quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 151 shares during the last quarter. Root Financial Partners LLC purchased a new stake in Enersys during the third quarter valued at about $25,000. Finally, Allworth Financial LP increased its stake in Enersys by 442.2% during the third quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 199 shares during the last quarter. Institutional investors and hedge funds own 94.93% of the company’s stock.

Enersys Trading Up 1.1%

NYSE ENS traded up $1.93 during trading hours on Friday, hitting $171.30. 325,400 shares of the company’s stock were exchanged, compared to its average volume of 399,480. The business’s 50 day moving average is $171.63 and its 200-day moving average is $146.91. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.72 and a current ratio of 2.75. Enersys has a 12-month low of $76.57 and a 12-month high of $194.77. The firm has a market capitalization of $6.31 billion, a P/E ratio of 21.23, a price-to-earnings-growth ratio of 1.10 and a beta of 1.11.

Enersys (NYSE:ENS) last posted its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.77 EPS 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 company had revenue of $919.10 million during the quarter, compared to analysts’ expectations of $932.13 million. During the same quarter in the previous year, the business earned $3.12 EPS. The firm’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. As a group, analysts anticipate that Enersys will post 9.99 EPS for the current fiscal year.

Enersys Announces Dividend

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

Analysts Set New Price Targets

Several analysts have recently issued reports on ENS shares. TD Cowen assumed coverage on Enersys in a research report on Thursday, March 19th. They issued a “buy” rating and a $190.00 price objective on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Enersys in a research note on Tuesday, January 27th. Roth Mkm restated a “buy” rating and issued a $208.00 target price (up from $164.00) on shares of Enersys in a report on Tuesday, February 3rd. BTIG Research raised their price target on shares of Enersys from $175.00 to $185.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Finally, Wall Street Zen downgraded shares of Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 31st. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Enersys currently has an average rating of “Moderate Buy” and an average price target of $180.25.

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.