Enersys (NYSE:ENS) Short Interest Update

Enersys (NYSE:ENS) was the recipient of a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 1,230,732 shares, an increase of 45.7% from the February 26th total of 844,783 shares. Based on an average trading volume of 409,122 shares, the short-interest ratio is currently 3.0 days. Currently, 3.4% of the shares of the company are sold short.

Enersys Stock Performance

NYSE:ENS traded down $2.23 during trading hours on Monday, reaching $169.14. The company had a trading volume of 29,047 shares, compared to its average volume of 472,591. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.75 and a quick ratio of 1.72. Enersys has a 1-year low of $76.57 and a 1-year high of $194.77. The business’s 50 day moving average price is $171.63 and its 200-day moving average price is $146.91. The firm has a market cap of $6.23 billion, a PE ratio of 21.00, a price-to-earnings-growth ratio of 1.10 and a beta of 1.11.

Enersys (NYSE:ENS) last issued its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.77 EPS for the quarter, topping analysts’ consensus estimates of $2.73 by $0.04. Enersys had a net margin of 8.37% and a return on equity of 21.27%. The business had revenue of $919.10 million for the quarter, compared to analysts’ expectations of $932.13 million. During the same quarter last year, the company earned $3.12 EPS. The business’s revenue was up 1.4% on a year-over-year basis. Enersys has set its Q4 2026 guidance at 2.950-3.050 EPS. Research analysts forecast that Enersys will post 9.99 EPS for the current year.

Enersys Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 13th were given a $0.2625 dividend. The ex-dividend date was Friday, March 13th. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.6%. Enersys’s dividend payout ratio is 13.01%.

Institutional Investors Weigh In On Enersys

Institutional investors have recently modified their holdings of the business. Norges Bank purchased a new stake in shares of Enersys in the fourth quarter valued at approximately $78,599,000. LSV Asset Management grew its stake in Enersys by 298.9% in the 4th quarter. LSV Asset Management now owns 562,293 shares of the industrial products company’s stock valued at $82,516,000 after acquiring an additional 421,338 shares during the period. Millennium Management LLC grew its stake in Enersys by 257.8% in the 3rd quarter. Millennium Management LLC now owns 556,771 shares of the industrial products company’s stock valued at $62,893,000 after acquiring an additional 401,167 shares during the period. Ophir Asset Management Pty Ltd purchased a new stake in Enersys in the 2nd quarter worth $28,719,000. Finally, Price T Rowe Associates Inc. MD increased its holdings in Enersys by 342.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 392,781 shares of the industrial products company’s stock worth $57,641,000 after acquiring an additional 304,018 shares in the last quarter. 94.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on ENS. Roth Mkm reaffirmed a “buy” rating and set a $208.00 price target (up from $164.00) on shares of Enersys in a research report on Tuesday, February 3rd. Zacks Research downgraded shares of Enersys from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Enersys in a research report on Tuesday, January 27th. TD Cowen initiated coverage on shares of Enersys in a research note on Thursday, March 19th. They set a “buy” rating and a $190.00 price objective for the company. Finally, BTIG Research upped their price objective on shares of Enersys from $175.00 to $185.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $180.25.

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.