Ritholtz Wealth Management Makes New Investment in Enersys $ENS

Ritholtz Wealth Management bought a new position in shares of Enersys (NYSE:ENS) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 9,577 shares of the industrial products company’s stock, valued at approximately $1,664,000.

Several other hedge funds have also modified their holdings of ENS. CIBC Private Wealth Group LLC grew its holdings in 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 acquiring an additional 98 shares during the period. Allworth Financial LP lifted its holdings in Enersys by 442.2% in the third quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 199 shares during the period. Los Angeles Capital Management LLC purchased a new stake in shares of Enersys during the 4th quarter worth $30,000. SBI Securities Co. Ltd. boosted its position in shares of Enersys by 239.7% during the 4th quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 151 shares in the last quarter. Finally, Leonteq Securities AG acquired a new position in shares of Enersys during the 4th quarter worth $37,000. 94.93% of the stock is owned by institutional investors and hedge funds.

Enersys Trading Down 2.5%

Shares of ENS stock opened at $220.65 on Friday. The stock has a market cap of $8.06 billion, a P/E ratio of 28.62, a P/E/G ratio of 1.22 and a beta of 1.17. The company has a quick ratio of 1.76, a current ratio of 2.66 and a debt-to-equity ratio of 0.57. Enersys has a fifty-two week low of $85.00 and a fifty-two week high of $244.30. The business has a fifty day simple moving average of $223.47 and a 200-day simple moving average of $186.72.

Enersys (NYSE:ENS) last released its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $3.19 EPS for the quarter, topping the consensus estimate of $3.00 by $0.19. The business 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 for the quarter was up 1.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.97 EPS. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. On average, analysts forecast that Enersys will post 12.1 earnings per share for the current fiscal year.

Enersys Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Friday, June 19th will be issued a $0.2625 dividend. This represents a $1.05 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, June 18th. Enersys’s dividend payout ratio is 13.62%.

Analysts Set New Price Targets

Several brokerages recently commented on ENS. Oppenheimer raised their price objective on shares of Enersys from $210.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday, May 22nd. BTIG Research upped their target price on shares of 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 shares of Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. Weiss Ratings downgraded shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday. Finally, Roth Mkm reissued a “buy” rating and set a $265.00 price target on shares of Enersys in a research note on Friday, May 22nd. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $265.00.

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.