27,400 Shares in Enersys $ENS Purchased by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of Enersys (NYSE:ENS) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 27,400 shares of the industrial products company’s stock, valued at approximately $4,759,000.

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

Enersys Trading Up 0.2%

NYSE ENS opened at $201.51 on Wednesday. The company has a quick ratio of 1.76, a current ratio of 2.66 and a debt-to-equity ratio of 0.57. Enersys has a twelve month low of $85.56 and a twelve month high of $244.30. The company has a market cap of $7.35 billion, a price-to-earnings ratio of 26.14, a price-to-earnings-growth ratio of 1.11 and a beta of 1.17. The business’s fifty day moving average is $224.42 and its 200 day moving average is $192.25.

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

Enersys Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Friday, June 19th were paid a $0.2625 dividend. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.05 annualized dividend and a dividend yield of 0.5%. Enersys’s dividend payout ratio is currently 13.62%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on ENS shares. Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 4th. Oppenheimer lifted their price target on Enersys from $210.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday, May 22nd. Weiss Ratings cut Enersys from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, June 26th. BTIG Research upped their price objective on Enersys from $250.00 to $280.00 and gave the stock a “buy” rating in a research report on Friday, June 12th. Finally, TD Cowen lifted their target price on Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $265.00.

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.