8,615 Shares in Enersys $ENS Purchased by Cookson Peirce & Co. Inc.

Cookson Peirce & Co. Inc. purchased a new position in Enersys (NYSE:ENS) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 8,615 shares of the industrial products company’s stock, valued at approximately $1,264,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vestcor Inc boosted its holdings in shares of Enersys by 29.8% in the 4th quarter. Vestcor Inc now owns 3,969 shares of the industrial products company’s stock worth $582,000 after buying an additional 911 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of Enersys in the 4th quarter worth about $4,188,000. Vise Technologies Inc. boosted its holdings in shares of Enersys by 12.6% in the 4th quarter. Vise Technologies Inc. now owns 3,073 shares of the industrial products company’s stock worth $451,000 after buying an additional 344 shares during the last quarter. Globeflex Capital L P boosted its holdings in shares of Enersys by 1.0% in the 4th quarter. Globeflex Capital L P now owns 57,866 shares of the industrial products company’s stock worth $8,492,000 after buying an additional 559 shares during the last quarter. Finally, Verus Capital Partners LLC purchased a new position in shares of Enersys in the 4th quarter worth about $238,000. 94.93% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Wall Street Zen raised shares of Enersys from a “buy” rating to a “strong-buy” rating in a report on Monday. Roth Mkm reissued a “buy” rating and issued a $265.00 price target on shares of Enersys in a report on Friday, May 22nd. TD Cowen boosted 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 reaffirmed a “buy (b)” rating on shares of Enersys in a report on Friday, April 24th. Finally, BTIG Research upped their price objective on shares of Enersys from $185.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Enersys has an average rating of “Moderate Buy” and a consensus target price of $257.50.

Enersys Price Performance

NYSE ENS opened at $226.36 on Monday. The company has a market cap of $8.27 billion, a PE ratio of 29.36, a price-to-earnings-growth ratio of 1.25 and a beta of 1.17. Enersys has a 52 week low of $80.82 and a 52 week high of $244.30. The company has a quick ratio of 1.76, a current ratio of 2.66 and a debt-to-equity ratio of 0.57. The firm’s 50-day simple moving average is $210.20 and its two-hundred day simple moving average is $178.15.

Enersys (NYSE:ENS) last released its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $3.19 EPS for the quarter, beating the consensus estimate of $3.00 by $0.19. The business 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 company’s revenue was up 1.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.97 earnings per share. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Research analysts predict that Enersys will post 12.07 earnings per share for the current year.

Enersys Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Friday, June 19th will be issued 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%.

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.