Enersys $ENS Shares Sold by Legal & General Group Plc

Legal & General Group Plc trimmed its position in Enersys (NYSE:ENS) by 67.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 58,480 shares of the industrial products company’s stock after selling 121,974 shares during the quarter. Legal & General Group Plc’s holdings in Enersys were worth $8,582,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. PFG Investments LLC raised its stake in Enersys by 4.2% during the fourth quarter. PFG Investments LLC now owns 1,939 shares of the industrial products company’s stock worth $285,000 after acquiring an additional 78 shares in the last quarter. Merit Financial Group LLC raised its stake in Enersys by 3.8% during the third quarter. Merit Financial Group LLC now owns 2,662 shares of the industrial products company’s stock worth $301,000 after acquiring an additional 97 shares in the last quarter. Vise Technologies Inc. raised its stake in Enersys by 3.8% during the third quarter. Vise Technologies Inc. now owns 2,729 shares of the industrial products company’s stock worth $308,000 after acquiring an additional 100 shares in the last quarter. Cardinal Capital Management raised its stake in Enersys by 0.9% during the fourth quarter. Cardinal Capital Management now owns 11,710 shares of the industrial products company’s stock worth $1,718,000 after acquiring an additional 105 shares in the last quarter. Finally, ProShare Advisors LLC raised its stake in Enersys by 1.5% during the fourth quarter. ProShare Advisors LLC now owns 8,293 shares of the industrial products company’s stock worth $1,217,000 after acquiring an additional 120 shares in the last quarter. 94.93% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ENS has been the subject of several recent analyst reports. Oppenheimer increased their price objective on Enersys from $210.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, May 22nd. BTIG Research increased their price objective on Enersys from $185.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Weiss Ratings reiterated a “buy (b)” rating on shares of Enersys in a research note on Friday, April 24th. TD Cowen increased their price objective on Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Finally, Roth Mkm restated a “buy” rating and issued a $265.00 target price on shares of Enersys in a research note on Friday, May 22nd. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Enersys has an average rating of “Moderate Buy” and an average target price of $257.50.

Enersys Price Performance

Shares of ENS opened at $238.39 on Friday. The company has a current ratio of 2.66, a quick ratio of 1.76 and a debt-to-equity ratio of 0.57. Enersys has a 1 year low of $80.82 and a 1 year high of $244.30. The stock has a market cap of $8.71 billion, a P/E ratio of 30.92, a price-to-earnings-growth ratio of 1.33 and a beta of 1.17. The stock’s 50-day moving average price is $209.22 and its two-hundred day moving average price is $177.50.

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. Enersys had a return on equity of 21.39% and a net margin of 7.83%.The firm had revenue of $987.94 million for the quarter, compared to analysts’ expectations of $973.84 million. During the same quarter last year, the business earned $2.97 earnings per share. The company’s revenue was up 1.4% compared to the same quarter last year. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. On average, equities analysts predict that Enersys will post 12.07 earnings per share for the current year.

Enersys Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Friday, June 19th will be paid 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 presently 13.62%.

Enersys Company Profile

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.