Ritholtz Wealth Management Makes New $1.66 Million Investment in Enersys $ENS

Ritholtz Wealth Management purchased a new position in Enersys (NYSE:ENSFree Report) in the first quarter, HoldingsChannel.com reports. The fund purchased 9,577 shares of the industrial products company’s stock, valued at approximately $1,664,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. CIBC Private Wealth Group LLC boosted its stake 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 valued at $27,000 after acquiring an additional 98 shares during the last quarter. Allworth Financial LP increased its position in Enersys by 442.2% during the 3rd quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 199 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in Enersys in the 4th quarter valued at about $30,000. SBI Securities Co. Ltd. lifted its holdings in Enersys by 239.7% in 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 in the last quarter. Finally, Leonteq Securities AG purchased a new position in Enersys in the 4th quarter valued at about $37,000. 94.93% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. TD Cowen lifted their price target on shares of Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Weiss Ratings downgraded shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday. Wall Street Zen lowered shares of Enersys from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 20th. BTIG Research lifted their target price on shares of Enersys from $250.00 to $280.00 and gave the stock a “buy” rating in a research note on Friday, June 12th. Finally, Roth Mkm reiterated a “buy” rating and issued a $265.00 price target on shares of Enersys in a report on Friday, May 22nd. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $265.00.

Read Our Latest Stock Analysis on Enersys

Enersys Stock Down 2.5%

Shares of NYSE:ENS opened at $220.65 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. The firm has a market cap of $8.06 billion, a price-to-earnings ratio of 28.62, a PEG ratio of 1.22 and a beta of 1.17. The stock’s 50-day moving average price is $223.47 and its two-hundred day moving average price is $186.72. Enersys has a 12-month low of $85.00 and a 12-month high of $244.30.

Enersys (NYSE:ENSGet Free Report) last posted its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $3.19 EPS for the quarter, beating analysts’ consensus estimates of $3.00 by $0.19. The company had revenue of $987.94 million during the quarter, compared to the consensus estimate of $973.84 million. Enersys had a net margin of 7.83% and a return on equity of 21.39%. The company’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.97 EPS. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. On average, research analysts forecast that Enersys will post 12.1 EPS for the current year.

Enersys Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 19th will be given a dividend of $0.2625 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.05 annualized dividend and a yield of 0.5%. Enersys’s dividend payout ratio is 13.62%.

Enersys Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Enersys (NYSE:ENS)

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