Enersys $ENS Shares Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp increased its stake in shares of Enersys (NYSE:ENS) by 1.4% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 410,497 shares of the industrial products company’s stock after acquiring an additional 5,631 shares during the period. Bank of New York Mellon Corp’s holdings in Enersys were worth $35,208,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Nuveen LLC purchased a new stake in shares of Enersys during the first quarter valued at approximately $29,695,000. Allianz Asset Management GmbH grew its holdings in Enersys by 249.0% during the 2nd quarter. Allianz Asset Management GmbH now owns 428,394 shares of the industrial products company’s stock valued at $36,743,000 after purchasing an additional 305,635 shares in the last quarter. Millennium Management LLC increased its stake in Enersys by 48.9% during the 1st quarter. Millennium Management LLC now owns 617,475 shares of the industrial products company’s stock worth $56,548,000 after buying an additional 202,727 shares during the period. Kovitz Investment Group Partners LLC lifted its holdings in Enersys by 660.1% in the 1st quarter. Kovitz Investment Group Partners LLC now owns 81,830 shares of the industrial products company’s stock worth $7,494,000 after buying an additional 71,065 shares in the last quarter. Finally, Ruffer LLP purchased a new position in Enersys in the 1st quarter valued at about $5,892,000. Institutional investors and hedge funds own 94.93% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Roth Capital reaffirmed a “buy” rating and set a $120.00 target price on shares of Enersys in a research report on Tuesday, August 5th. Weiss Ratings restated a “buy (b)” rating on shares of Enersys in a research note on Thursday, October 30th. Zacks Research raised Enersys from a “hold” rating to a “strong-buy” rating in a research report on Monday. Oppenheimer reiterated an “outperform” rating on shares of Enersys in a research note on Friday, November 7th. Finally, Wall Street Zen upgraded shares of Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 8th. One analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $126.00.

Enersys Stock Performance

Shares of ENS opened at $137.49 on Friday. The stock has a market capitalization of $5.07 billion, a PE ratio of 15.69, a price-to-earnings-growth ratio of 0.71 and a beta of 1.13. The business’s fifty day moving average price is $117.58 and its 200 day moving average price is $100.51. The company has a debt-to-equity ratio of 0.68, a current ratio of 3.00 and a quick ratio of 1.91. Enersys has a 12-month low of $76.57 and a 12-month high of $141.00.

Enersys (NYSE:ENS) last issued its earnings results on Wednesday, November 5th. The industrial products company reported $2.56 earnings per share for the quarter, topping analysts’ consensus estimates of $2.36 by $0.20. Enersys had a net margin of 9.60% and a return on equity of 21.99%. The company had revenue of $951.30 million for the quarter, compared to analysts’ expectations of $890.27 million. During the same period in the prior year, the company earned $2.12 earnings per share. The firm’s revenue was up 7.6% compared to the same quarter last year. Enersys has set its Q3 2026 guidance at 2.710-2.81 EPS. Equities research analysts forecast that Enersys will post 9.99 EPS for the current year.

Enersys Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Friday, December 12th will be given a dividend of $0.2625 per share. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, December 12th. Enersys’s dividend payout ratio is presently 12.28%.

About Enersys

EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.