Assenagon Asset Management S.A. Makes New Investment in Enersys $ENS

Assenagon Asset Management S.A. bought a new stake in shares of Enersys (NYSE:ENS) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 5,257 shares of the industrial products company’s stock, valued at approximately $913,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. CIBC Private Wealth Group LLC boosted its position in shares of Enersys by 116.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock worth $27,000 after acquiring an additional 98 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in Enersys in the fourth quarter worth about $30,000. SBI Securities Co. Ltd. increased its position in shares of Enersys by 239.7% during the 4th quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 151 shares during the last quarter. Allworth Financial LP increased its position in Enersys by 442.2% during the third quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 199 shares during the last quarter. Finally, Leonteq Securities AG purchased a new stake in Enersys in the 4th quarter worth about $37,000. 94.93% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ENS. Oppenheimer increased their target price on Enersys from $210.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, May 22nd. Roth Mkm restated a “buy” rating and issued a $265.00 price target on shares of Enersys in a report on Friday, May 22nd. TD Cowen raised their price target on shares of Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Weiss Ratings cut shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 26th. Finally, Wall Street Zen downgraded shares of Enersys from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 20th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $265.00.

Enersys Price Performance

ENS opened at $206.64 on Friday. The company has a market capitalization of $7.55 billion, a price-to-earnings ratio of 26.80, a PEG ratio of 1.21 and a beta of 1.17. 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 12-month low of $85.56 and a 12-month high of $244.30. The business’s fifty day simple moving average is $225.33 and its 200-day simple moving average is $189.03.

Enersys (NYSE:ENS) last released its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share for the quarter, topping analysts’ consensus estimates of $3.00 by $0.19. Enersys had a net margin of 7.83% and a return on equity of 21.39%. The company had revenue of $987.94 million during the quarter, compared to analyst estimates of $973.84 million. During the same period in the prior year, the firm earned $2.97 earnings per share. The firm’s revenue for the quarter 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 research analysts anticipate that Enersys will post 12.1 earnings per share for the current fiscal year.

Enersys Announces Dividend

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

Enersys 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.