Enersys $ENS Shares Sold by Assetmark Inc.

Assetmark Inc. lowered its stake in shares of Enersys (NYSE:ENS) by 6.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,167 shares of the industrial products company’s stock after selling 399 shares during the quarter. Assetmark Inc.’s holdings in Enersys were worth $529,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ENS. Caitong International Asset Management Co. Ltd grew its stake in shares of Enersys by 2,500.0% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 338 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 325 shares during the last quarter. Gen Wealth Partners Inc acquired a new stake in shares of Enersys during the first quarter worth $36,000. UMB Bank n.a. grew its position in Enersys by 80.6% in the 2nd quarter. UMB Bank n.a. now owns 773 shares of the industrial products company’s stock valued at $66,000 after buying an additional 345 shares during the last quarter. Covestor Ltd grew its position in Enersys by 34.0% in the 1st quarter. Covestor Ltd now owns 1,036 shares of the industrial products company’s stock valued at $95,000 after buying an additional 263 shares during the last quarter. Finally, Quarry LP increased its stake in Enersys by 291.4% in the 1st quarter. Quarry LP now owns 1,319 shares of the industrial products company’s stock valued at $121,000 after buying an additional 982 shares during the period. 94.93% of the stock is owned by hedge funds and other institutional investors.

Enersys Stock Performance

NYSE:ENS opened at $129.07 on Friday. The company has a current ratio of 3.00, a quick ratio of 1.91 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $4.84 billion, a P/E ratio of 14.73, a price-to-earnings-growth ratio of 0.71 and a beta of 1.13. The firm has a 50-day moving average price of $114.17 and a two-hundred day moving average price of $98.67. Enersys has a twelve month low of $76.57 and a twelve month high of $140.98.

Enersys (NYSE:ENS) last released its quarterly earnings results on Wednesday, November 5th. The industrial products company reported $2.56 EPS for the quarter, beating the consensus estimate of $2.36 by $0.20. Enersys had a net margin of 9.60% and a return on equity of 21.99%. The business had revenue of $951.30 million for the quarter, compared to analyst estimates of $890.27 million. During the same period in the prior year, the business earned $2.12 earnings per share. The company’s quarterly revenue was up 7.6% on a year-over-year basis. Enersys has set its Q3 2026 guidance at 2.710-2.81 EPS. As a group, research analysts expect that Enersys will post 9.99 earnings per share for the current fiscal year.

Enersys Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Friday, December 12th will be issued a $0.2625 dividend. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, December 12th. Enersys’s payout ratio is 11.99%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Roth Capital reaffirmed a “buy” rating and issued a $120.00 target price on shares of Enersys in a report on Tuesday, August 5th. Wall Street Zen upgraded shares of Enersys from a “hold” rating to a “buy” rating in a research report on Sunday, September 28th. Weiss Ratings reiterated a “buy (b)” rating on shares of Enersys in a research report on Thursday, October 30th. Finally, Oppenheimer reissued an “outperform” rating on shares of Enersys in a report on Friday, August 8th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Enersys presently has a consensus rating of “Buy” and a consensus price target of $118.33.

Enersys Profile

EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.