Kennedy Capital Management LLC lifted its stake in Enersys (NYSE:ENS – Free Report) by 343.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 311,320 shares of the industrial products company’s stock after buying an additional 241,045 shares during the period. Enersys makes up approximately 0.8% of Kennedy Capital Management LLC’s holdings, making the stock its 9th largest holding. Kennedy Capital Management LLC owned about 0.84% of Enersys worth $35,167,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Merit Financial Group LLC lifted its position in Enersys by 3.8% in the third quarter. Merit Financial Group LLC now owns 2,662 shares of the industrial products company’s stock valued at $301,000 after purchasing an additional 97 shares during the last quarter. Hudson Edge Investment Partners Inc. grew its holdings in shares of Enersys by 1.6% in the third quarter. Hudson Edge Investment Partners Inc. now owns 7,811 shares of the industrial products company’s stock worth $882,000 after purchasing an additional 123 shares during the last quarter. Lumbard & Kellner LLC increased its stake in shares of Enersys by 0.3% in the third quarter. Lumbard & Kellner LLC now owns 44,526 shares of the industrial products company’s stock worth $5,030,000 after buying an additional 145 shares during the period. EverSource Wealth Advisors LLC raised its holdings in Enersys by 27.7% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 705 shares of the industrial products company’s stock valued at $80,000 after buying an additional 153 shares during the last quarter. Finally, First National Advisers LLC boosted its position in Enersys by 4.8% during the 3rd quarter. First National Advisers LLC now owns 4,331 shares of the industrial products company’s stock valued at $489,000 after buying an additional 200 shares during the period. 94.93% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
ENS has been the topic of a number of recent analyst reports. Zacks Research lowered shares of Enersys from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Roth Mkm reiterated a “buy” rating and set a $208.00 target price (up from $164.00) on shares of Enersys in a report on Tuesday, February 3rd. BTIG Research raised their target price on Enersys from $175.00 to $185.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Enersys in a research report on Tuesday, January 27th. Finally, Wall Street Zen cut Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 31st. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Enersys presently has a consensus rating of “Moderate Buy” and an average target price of $177.00.
Enersys Stock Up 1.8%
Shares of NYSE ENS traded up $2.88 during mid-day trading on Friday, hitting $162.63. 47,301 shares of the stock traded hands, compared to its average volume of 489,600. The stock has a fifty day moving average price of $169.72 and a 200-day moving average price of $141.30. 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 cap of $5.99 billion, a price-to-earnings ratio of 20.10, a PEG ratio of 1.05 and a beta of 1.11. Enersys has a 52 week low of $76.57 and a 52 week high of $194.77.
Enersys (NYSE:ENS – Get Free Report) last announced its quarterly earnings data 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. The business had revenue of $919.13 million during the quarter, compared to analyst estimates of $932.13 million. Enersys had a return on equity of 21.27% and a net margin of 8.37%.The company’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter last year, the firm posted $3.12 earnings per share. Enersys has set its Q4 2026 guidance at 2.950-3.050 EPS. Research analysts anticipate that Enersys will post 9.99 EPS for the current year.
Enersys Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be paid a dividend of $0.2625 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $1.05 annualized dividend and a yield of 0.6%. Enersys’s payout ratio is presently 13.01%.
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.
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