Louisiana State Employees Retirement System Takes Position in Enersys $ENS

Louisiana State Employees Retirement System purchased a new stake in Enersys (NYSE:ENS) in the first quarter, HoldingsChannel reports. The firm purchased 10,700 shares of the industrial products company’s stock, valued at approximately $1,859,000.

Several other institutional investors have also recently bought and sold shares of ENS. CIBC Private Wealth Group LLC lifted its holdings in 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 buying an additional 98 shares in the last quarter. Allworth Financial LP increased its stake in shares of Enersys by 442.2% in the 3rd quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock valued at $28,000 after buying an additional 199 shares during the period. Los Angeles Capital Management LLC acquired a new stake in shares of Enersys in the 4th quarter valued at $30,000. SBI Securities Co. Ltd. raised its position in shares of Enersys by 239.7% during the fourth quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 151 shares during the last quarter. Finally, Leonteq Securities AG bought a new stake in shares of Enersys during the fourth quarter worth $37,000. Institutional investors own 94.93% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ENS. Roth Mkm reiterated a “buy” rating and issued a $265.00 price target on shares of Enersys in a report on Friday, May 22nd. Oppenheimer boosted their price objective on Enersys from $210.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, May 22nd. Weiss Ratings downgraded shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday. BTIG Research raised their target price on shares of Enersys from $250.00 to $280.00 and gave the company a “buy” rating in a research note on Friday, June 12th. Finally, 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 research report on Thursday, May 21st. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $265.00.

Enersys Price Performance

NYSE ENS opened at $233.85 on Wednesday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.76 and a current ratio of 2.66. The stock has a market cap of $8.54 billion, a price-to-earnings ratio of 30.33, a PEG ratio of 1.23 and a beta of 1.17. The business has a 50 day simple moving average of $224.76 and a 200 day simple moving average of $188.13. Enersys has a 52-week low of $85.00 and a 52-week high of $244.30.

Enersys (NYSE:ENS) last announced its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share for the quarter, beating analysts’ consensus estimates of $3.00 by $0.19. The firm had revenue of $987.94 million for the quarter, compared to analyst estimates of $973.84 million. Enersys had a net margin of 7.83% and a return on equity of 21.39%. The business’s revenue was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.97 earnings per share. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Analysts anticipate that Enersys will post 12.1 earnings per share for the current fiscal year.

Enersys Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 19th will be given a $0.2625 dividend. This represents a $1.05 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, June 18th. Enersys’s payout ratio is currently 13.62%.

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.