Prescott Group Capital Management L.L.C. Acquires Shares of 10,699 Enersys $ENS

Prescott Group Capital Management L.L.C. acquired a new stake in shares of Enersys (NYSE:ENS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,699 shares of the industrial products company’s stock, valued at approximately $1,570,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in ENS. Millennium Management LLC lifted its position in Enersys by 257.8% during the third quarter. Millennium Management LLC now owns 556,771 shares of the industrial products company’s stock valued at $62,893,000 after buying an additional 401,167 shares during the period. Kennedy Capital Management LLC lifted its position in Enersys by 343.0% during the third quarter. Kennedy Capital Management LLC now owns 311,320 shares of the industrial products company’s stock valued at $35,167,000 after buying an additional 241,045 shares during the period. New South Capital Management Inc. lifted its position in Enersys by 22.6% during the third quarter. New South Capital Management Inc. now owns 857,600 shares of the industrial products company’s stock valued at $96,874,000 after buying an additional 158,267 shares during the period. AQR Capital Management LLC lifted its position in Enersys by 30.3% during the third quarter. AQR Capital Management LLC now owns 652,128 shares of the industrial products company’s stock valued at $72,986,000 after buying an additional 151,589 shares during the period. Finally, Scopia Capital Management LP lifted its position in Enersys by 55.3% during the third quarter. Scopia Capital Management LP now owns 370,671 shares of the industrial products company’s stock valued at $41,871,000 after buying an additional 132,019 shares during the period. Hedge funds and other institutional investors own 94.93% of the company’s stock.

Enersys Price Performance

ENS opened at $213.83 on Thursday. The stock has a 50-day moving average price of $193.90 and a 200-day moving average price of $169.52. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.75 and a quick ratio of 1.72. The firm has a market cap of $7.88 billion, a PE ratio of 26.50, a P/E/G ratio of 1.21 and a beta of 1.17. Enersys has a 1 year low of $76.60 and a 1 year high of $239.69.

Enersys (NYSE:ENS) last posted its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.00 by $0.19. The firm had revenue of $987.94 million during the quarter, compared to analyst estimates of $973.84 million. Enersys had a return on equity of 21.27% and a net margin of 8.37%.Enersys’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.97 EPS. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Sell-side analysts predict that Enersys will post 10.35 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ENS has been the subject of several recent research reports. BTIG Research raised their price objective on Enersys from $175.00 to $185.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Wall Street Zen lowered Enersys from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Roth Mkm reaffirmed a “buy” rating and issued a $208.00 price target (up from $164.00) on shares of Enersys in a research report on Tuesday, February 3rd. TD Cowen started coverage on Enersys in a research report on Thursday, March 19th. They issued a “buy” rating and a $190.00 price target for the company. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Enersys in a research report on Friday, April 24th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $180.25.

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.