Glenmede Trust Co. NA Has $22.67 Million Stake in Enersys $ENS

Glenmede Trust Co. NA reduced its stake in shares of Enersys (NYSE:ENS) by 12.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 130,505 shares of the industrial products company’s stock after selling 18,649 shares during the quarter. Glenmede Trust Co. NA’s holdings in Enersys were worth $22,671,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. QRG Capital Management Inc. boosted its position in Enersys by 454.5% during the fourth quarter. QRG Capital Management Inc. now owns 10,308 shares of the industrial products company’s stock worth $1,513,000 after purchasing an additional 8,449 shares during the period. Principal Financial Group Inc. lifted its stake in shares of Enersys by 10.1% in the first quarter. Principal Financial Group Inc. now owns 551,045 shares of the industrial products company’s stock worth $95,728,000 after buying an additional 50,660 shares during the last quarter. M&T Bank Corp bought a new stake in shares of Enersys during the 4th quarter worth $11,963,000. Nkcfo LLC acquired a new position in Enersys in the 4th quarter valued at $986,000. Finally, UBS Group AG raised its holdings in Enersys by 47.2% in the 4th quarter. UBS Group AG now owns 406,113 shares of the industrial products company’s stock worth $59,597,000 after acquiring an additional 130,162 shares during the period. Institutional investors and hedge funds own 94.93% of the company’s stock.

Enersys Stock Performance

Shares of NYSE ENS opened at $186.04 on Friday. The firm has a market capitalization of $6.78 billion, a price-to-earnings ratio of 24.13, a PEG ratio of 1.02 and a beta of 1.17. Enersys has a one year low of $88.76 and a one year high of $244.30. The business has a fifty day simple moving average of $214.79 and a 200 day simple moving average of $195.64. The company has a current ratio of 2.66, a quick ratio of 1.76 and a debt-to-equity ratio of 0.57.

Enersys (NYSE:ENS) last posted its quarterly earnings results 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 firm had revenue of $987.94 million for 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 business’s revenue was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.97 earnings per share. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Sell-side analysts expect that Enersys will post 12.1 EPS for the current year.

Enersys Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Friday, June 19th were issued a dividend of $0.2625 per share. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Thursday, June 18th. Enersys’s dividend payout ratio (DPR) is presently 13.62%.

Analysts Set New Price Targets

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

Enersys Company Profile

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.