First Trust Advisors LP Sells 12,897 Shares of Enersys $ENS

First Trust Advisors LP decreased its position in Enersys (NYSE:ENS) by 1.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 887,407 shares of the industrial products company’s stock after selling 12,897 shares during the quarter. First Trust Advisors LP’s holdings in Enersys were worth $154,160,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in ENS. PFG Investments LLC lifted its holdings in Enersys by 4.2% in the fourth quarter. PFG Investments LLC now owns 1,939 shares of the industrial products company’s stock valued at $285,000 after acquiring an additional 78 shares during the last quarter. Stifel Financial Corp boosted its stake in shares of Enersys by 2.0% during the 4th quarter. Stifel Financial Corp now owns 4,252 shares of the industrial products company’s stock worth $624,000 after acquiring an additional 84 shares in the last quarter. Kestra Advisory Services LLC lifted its stake in Enersys by 4.9% in the fourth quarter. Kestra Advisory Services LLC now owns 2,009 shares of the industrial products company’s stock valued at $295,000 after acquiring an additional 94 shares during the last quarter. Merit Financial Group LLC grew its stake in shares of Enersys by 3.8% in 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 during the last quarter. Finally, CIBC Private Wealth Group LLC lifted its holdings in shares of Enersys by 116.7% during the 4th 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 period. 94.93% of the stock is owned by institutional investors and hedge funds.

Enersys Stock Performance

Shares of NYSE ENS opened at $199.82 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.66 and a quick ratio of 1.76. Enersys has a 12 month low of $88.76 and a 12 month high of $244.30. The company has a market cap of $7.29 billion, a PE ratio of 25.92, a price-to-earnings-growth ratio of 1.11 and a beta of 1.17. The company has a 50-day simple moving average of $219.83 and a 200-day simple moving average of $194.69.

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. The business had revenue of $987.94 million for the quarter, compared to analysts’ expectations of $973.84 million. Enersys had a net margin of 7.83% and a return on equity of 21.39%. The company’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter last year, the company earned $2.97 EPS. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. On average, equities analysts anticipate that Enersys will post 12.1 earnings per share for the current year.

Enersys Dividend Announcement

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

Analyst Upgrades and Downgrades

ENS has been the subject of a number of recent analyst reports. Oppenheimer raised their price objective on Enersys from $210.00 to $250.00 and gave the company an “outperform” rating in a research report on Friday, May 22nd. Roth Capital restated a “buy” rating and issued a $265.00 target price on shares of Enersys in a report on Friday, May 22nd. Wall Street Zen cut Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Weiss Ratings downgraded shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. Finally, BTIG Research boosted their price target on Enersys from $250.00 to $280.00 and gave the stock a “buy” rating in a research note on Friday, June 12th. Five 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.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $265.00.

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.