Livforsakringsbolaget Skandia Omsesidigt Takes $7.77 Million Position in Enersys $ENS

Livforsakringsbolaget Skandia Omsesidigt bought a new position in Enersys (NYSE:ENS) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 33,200 shares of the industrial products company’s stock, valued at approximately $7,768,000.

Several other large investors have also recently bought and sold shares of ENS. Stifel Financial Corp grew its stake in Enersys by 2.0% during the 4th quarter. Stifel Financial Corp now owns 4,252 shares of the industrial products company’s stock valued at $624,000 after acquiring an additional 84 shares in the last quarter. Kestra Advisory Services LLC lifted its position in shares of Enersys by 4.9% in the fourth quarter. Kestra Advisory Services LLC now owns 2,009 shares of the industrial products company’s stock worth $295,000 after purchasing an additional 94 shares in the last quarter. Merit Financial Group LLC lifted its position 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 purchasing an additional 97 shares in the last quarter. CIBC Private Wealth Group LLC boosted its holdings in shares of Enersys by 116.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 98 shares during the period. Finally, State of Michigan Retirement System grew its position in Enersys by 1.1% during the first quarter. State of Michigan Retirement System now owns 8,872 shares of the industrial products company’s stock valued at $1,541,000 after purchasing an additional 100 shares in the last quarter. 94.93% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Oppenheimer reiterated an “outperform” rating on shares of Enersys in a research report on Friday, August 14th. BTIG Research restated a “buy” rating and issued a $280.00 target price on shares of Enersys in a research note on Thursday, August 13th. Roth Capital reaffirmed a “buy” rating and issued a $265.00 target price on shares of Enersys in a research report on Friday, May 22nd. Weiss Ratings downgraded Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. Finally, TD Cowen boosted their price target on Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $265.00.

Enersys Stock Performance

ENS opened at $185.28 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.83 and a current ratio of 2.80. The company has a market cap of $6.68 billion, a PE ratio of 19.84, a price-to-earnings-growth ratio of 0.95 and a beta of 1.19. The stock has a 50-day moving average of $199.58 and a 200-day moving average of $198.19. Enersys has a 52-week low of $98.46 and a 52-week high of $244.30.

Enersys (NYSE:ENS) last posted its earnings results on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share for the quarter, topping the consensus estimate of $2.83 by $0.83. The firm had revenue of $935.64 million during the quarter, compared to analyst estimates of $928.01 million. Enersys had a return on equity of 24.02% and a net margin of 9.29%.The company’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the company earned $2.08 EPS. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. As a group, equities research analysts forecast that Enersys will post 13.41 earnings per share for the current fiscal year.

Enersys Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 18th will be paid a $0.2875 dividend. The ex-dividend date is Friday, September 18th. This is a positive change from Enersys’s previous quarterly dividend of $0.26. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.6%. Enersys’s dividend payout ratio is presently 11.24%.

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.