Enersys (NYSE:ENS) CFO Acquires $24,674.76 in Stock

Enersys (NYSE:ENS) CFO Andrea Funk bought 108 shares of the business’s stock in a transaction dated Friday, May 29th. The stock was purchased at an average price of $228.47 per share, for a total transaction of $24,674.76. Following the acquisition, the chief financial officer directly owned 56,396 shares of the company’s stock, valued at approximately $12,884,794.12. The trade was a 0.19% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Enersys Stock Up 0.9%

Shares of Enersys stock opened at $239.67 on Thursday. The stock has a market capitalization of $8.75 billion, a price-to-earnings ratio of 31.09, a P/E/G ratio of 1.31 and a beta of 1.17. The company’s 50 day moving average price is $207.99 and its 200-day moving average price is $176.79. Enersys has a 52-week low of $80.82 and a 52-week high of $244.30. 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 (NYSE:ENS) last released its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share for the quarter, beating the consensus estimate of $3.00 by $0.19. The business had revenue of $987.94 million for the quarter, compared to analysts’ expectations of $973.84 million. Enersys had a net margin of 7.83% and a return on equity of 21.39%. The firm’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.97 earnings per share. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Equities research analysts forecast that Enersys will post 12.07 EPS for the current 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 issued a $0.2625 dividend. The ex-dividend date is Thursday, June 18th. This represents a $1.05 annualized dividend and a yield of 0.4%. Enersys’s payout ratio is 13.62%.

Wall Street Analysts Forecast Growth

ENS has been the topic of several recent analyst reports. Wall Street Zen cut shares of Enersys from a “strong-buy” rating to a “buy” rating in a report on Sunday. TD Cowen lifted their price target on shares of Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Roth Mkm reiterated a “buy” rating and issued a $265.00 price target on shares of Enersys in a report on Friday, May 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Enersys in a report on Friday, April 24th. Finally, BTIG Research lifted their price target on shares of Enersys from $185.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $257.50.

Hedge Funds Weigh In On Enersys

Several institutional investors and hedge funds have recently added to or reduced their stakes in ENS. Norges Bank purchased a new position in Enersys during the fourth quarter valued at $78,599,000. LSV Asset Management lifted its position in Enersys by 298.9% during the fourth quarter. LSV Asset Management now owns 562,293 shares of the industrial products company’s stock valued at $82,516,000 after buying an additional 421,338 shares during the period. 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. Price T Rowe Associates Inc. MD lifted its position in Enersys by 342.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 392,781 shares of the industrial products company’s stock valued at $57,641,000 after buying an additional 304,018 shares during the period. Finally, Franklin Resources Inc. lifted its position in Enersys by 508.6% during the fourth quarter. Franklin Resources Inc. now owns 324,935 shares of the industrial products company’s stock valued at $47,684,000 after buying an additional 271,548 shares during the period. Hedge funds and other institutional investors own 94.93% of the company’s stock.

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.