Comerica Bank Sells 3,421 Shares of Enersys $ENS

Comerica Bank decreased its position in shares of Enersys (NYSE:ENS) by 15.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 18,549 shares of the industrial products company’s stock after selling 3,421 shares during the period. Comerica Bank’s holdings in Enersys were worth $2,722,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of ENS. Millennium Management LLC increased its holdings in shares of Enersys by 257.8% during the third quarter. Millennium Management LLC now owns 556,771 shares of the industrial products company’s stock worth $62,893,000 after buying an additional 401,167 shares in the last quarter. Kennedy Capital Management LLC increased its holdings in shares of Enersys by 343.0% during the third quarter. Kennedy Capital Management LLC now owns 311,320 shares of the industrial products company’s stock worth $35,167,000 after buying an additional 241,045 shares in the last quarter. New South Capital Management Inc. increased its holdings in shares of 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 worth $96,874,000 after buying an additional 158,267 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Enersys by 30.3% during the third quarter. AQR Capital Management LLC now owns 652,128 shares of the industrial products company’s stock worth $72,986,000 after buying an additional 151,589 shares in the last quarter. Finally, Scopia Capital Management LP increased its holdings in shares of Enersys by 55.3% during the third quarter. Scopia Capital Management LP now owns 370,671 shares of the industrial products company’s stock worth $41,871,000 after buying an additional 132,019 shares in the last quarter. Institutional investors and hedge funds own 94.93% of the company’s stock.

Enersys Stock Down 0.8%

Shares of NYSE:ENS opened at $210.69 on Tuesday. Enersys has a 52 week low of $76.60 and a 52 week high of $214.98. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.72 and a current ratio of 2.75. The company has a market capitalization of $7.76 billion, a PE ratio of 26.11, a PEG ratio of 1.18 and a beta of 1.17. The company has a 50 day moving average price of $179.20 and a two-hundred day moving average price of $160.62.

Enersys (NYSE:ENS) last issued its 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 net margin of 8.37% and a return on equity of 21.27%. The firm had revenue of $919.10 million during the quarter, compared to the consensus estimate of $932.13 million. During the same quarter in the prior year, the firm earned $3.12 earnings per share. The business’s quarterly revenue was up 1.4% on a year-over-year basis. Enersys has set its Q4 2026 guidance at 2.950-3.050 EPS. Analysts forecast that Enersys will post 10.35 earnings per share for the current year.

Enersys Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 13th were paid a $0.2625 dividend. This represents a $1.05 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Friday, March 13th. Enersys’s dividend payout ratio is presently 13.01%.

Analyst Ratings Changes

Several research firms have recently weighed in on ENS. Roth Mkm reaffirmed a “buy” rating and set a $208.00 price objective (up from $164.00) on shares of Enersys in a report on Tuesday, February 3rd. TD Cowen began coverage on shares of Enersys in a report on Thursday, March 19th. They set a “buy” rating and a $190.00 price objective for the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Enersys in a report on Friday, April 24th. BTIG Research raised their price objective on shares of Enersys from $175.00 to $185.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Finally, Wall Street Zen lowered shares of Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 31st. 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.com, the stock currently has an average rating of “Moderate Buy” and an average price target 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.