Enersys $ENS Shares Sold by New South Capital Management Inc.

New South Capital Management Inc. cut its position in Enersys (NYSE:ENS) by 38.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 449,525 shares of the industrial products company’s stock after selling 284,183 shares during the quarter. Enersys comprises 5.6% of New South Capital Management Inc.’s portfolio, making the stock its 6th biggest holding. New South Capital Management Inc.’s holdings in Enersys were worth $82,501,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Choreo LLC lifted its holdings in shares of Enersys by 2.1% during the 3rd quarter. Choreo LLC now owns 3,878 shares of the industrial products company’s stock worth $713,000 after acquiring an additional 79 shares during the period. Advisor Resource Council boosted its position in shares of Enersys by 8.4% during the 3rd quarter. Advisor Resource Council now owns 1,062 shares of the industrial products company’s stock worth $205,000 after acquiring an additional 82 shares in the last quarter. State of Michigan Retirement System increased its stake in Enersys by 1.1% in the first quarter. State of Michigan Retirement System now owns 8,872 shares of the industrial products company’s stock valued at $1,541,000 after acquiring an additional 100 shares during the last quarter. V Square Quantitative Management LLC increased its stake in Enersys by 107.5% in the third quarter. V Square Quantitative Management LLC now owns 193 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 100 shares during the last quarter. Finally, Net Worth Advisory Group increased its stake in Enersys by 3.2% in the third quarter. Net Worth Advisory Group now owns 3,470 shares of the industrial products company’s stock valued at $658,000 after acquiring an additional 108 shares during the last quarter. 94.93% of the stock is currently owned by institutional investors and hedge funds.

Recent Enersys Headlines

Investors following ENS have been watching these headlines:

• Neutral Sentiment: The board declared a quarterly dividend of $0.2875 per share, payable December 31 to shareholders of record December 18. Dividend announcement
• Negative Sentiment: Revenue was $949.9 million, below the $968.8 million FactSet estimate, and was down 0.1% year over year. The sales miss tempers the EPS beat. Revenue report
• Negative Sentiment: For fiscal Q3 2027, EnerSys forecast revenue of $935 million–$975 million, a range with a $955 million midpoint below the $963.8 million consensus. EPS guidance of $3.05–$3.15 spans the $3.10 estimate, offering no clear upside to that forecast. Earnings release and outlook

Analysts Set New Price Targets

ENS has been the subject of several research analyst reports. Weiss Ratings downgraded shares of Enersys from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday. Oppenheimer reaffirmed an “outperform” rating on shares of Enersys in a report on Friday, August 14th. Zacks Research lowered Enersys from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 13th. Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. Finally, BTIG Research reissued a “buy” rating and set a $280.00 price target on shares of Enersys in a report on Thursday, August 13th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $265.00.

Enersys Stock Down 2.0%

ENS stock opened at $148.31 on Thursday. The stock has a market capitalization of $5.35 billion, a P/E ratio of 15.88, a price-to-earnings-growth ratio of 0.75 and a beta of 1.21. The company has a current ratio of 2.80, a quick ratio of 1.83 and a debt-to-equity ratio of 0.51. Enersys has a 12 month low of $131.01 and a 12 month high of $244.30. The firm has a 50-day moving average price of $173.36 and a 200-day moving average price of $190.72.

Enersys (NYSE:ENS) last announced its quarterly earnings results on Wednesday, November 11th. The industrial products company reported $3.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.19 by $0.03. The company had revenue of $949.90 million for the quarter, compared to analyst estimates of $968.76 million. Enersys had a net margin of 9.29% and a return on equity of 24.02%. The firm’s revenue was down .1% on a year-over-year basis. During the same period in the previous year, the firm posted $2.56 EPS. Enersys has set its Q3 2027 guidance at 3.050-3.150 EPS. As a group, equities research analysts anticipate that Enersys will post 13.41 EPS for the current fiscal year.

Enersys Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Friday, December 18th will be paid a $0.2875 dividend. The ex-dividend date of this dividend is Friday, December 18th. This represents a $1.15 annualized dividend and a yield of 0.8%. Enersys’s dividend payout ratio is presently 12.31%.

Enersys Profile

EnerSys (NYSE: ENS) is a global provider of stored-energy solutions for industrial applications. Its products include batteries, chargers, power-conversion equipment and energy-storage systems, along with related services such as installation, maintenance and recycling. The company serves customers in markets including material handling, telecommunications, data centers, utilities, aerospace and defense, and transportation. Its offerings include lead-acid and lithium-ion batteries and other power systems designed for applications ranging from forklifts and other industrial vehicles to backup and grid-support power.