Enersys (NYSE:ENS) Insider Sells $1,015,084.92 in Stock

Enersys (NYSE:ENS) insider Chad Uplinger sold 6,702 shares of the company’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $151.46, for a total value of $1,015,084.92. Following the completion of the sale, the insider owned 23,713 shares of the company’s stock, valued at approximately $3,591,570.98. This trade represents a 22.04% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Enersys Price Performance

NYSE:ENS opened at $147.21 on Monday. The company has a quick ratio of 1.73, a current ratio of 2.77 and a debt-to-equity ratio of 0.63. The business’s 50-day moving average price is $131.57 and its 200 day moving average price is $108.28. Enersys has a 52-week low of $76.57 and a 52-week high of $152.01. The firm has a market cap of $5.43 billion, a P/E ratio of 17.22, a PEG ratio of 0.95 and a beta of 1.10.

Enersys (NYSE:ENS) last issued its quarterly earnings results on Wednesday, November 5th. The industrial products company reported $2.56 earnings per share for the quarter, beating analysts’ consensus estimates of $2.36 by $0.20. Enersys had a net margin of 9.05% and a return on equity of 22.48%. The company had revenue of $951.30 million during the quarter, compared to the consensus estimate of $890.27 million. Enersys’s revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the company earned $2.12 EPS. Enersys has set its Q3 2026 guidance at 2.710-2.81 EPS. As a group, sell-side analysts predict that Enersys will post 9.99 earnings per share for the current fiscal year.

Enersys Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Investors of record on Friday, December 12th will be issued a dividend of $0.2625 per share. This represents a $1.05 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Friday, December 12th. Enersys’s dividend payout ratio (DPR) is presently 12.28%.

Analysts Set New Price Targets

Several research firms have issued reports on ENS. Wall Street Zen raised Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 8th. Zacks Research upgraded Enersys from a “hold” rating to a “strong-buy” rating in a report on Monday, November 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Enersys in a research report on Thursday, October 30th. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of Enersys in a report on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $126.00.

Institutional Trading of Enersys

Several large investors have recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Enersys during the second quarter valued at $38,229,000. Millennium Management LLC lifted its stake in Enersys by 257.8% in the 3rd quarter. Millennium Management LLC now owns 556,771 shares of the industrial products company’s stock worth $62,893,000 after acquiring an additional 401,167 shares in the last quarter. Nuveen LLC acquired a new stake in Enersys during the 1st quarter worth about $29,695,000. Ophir Asset Management Pty Ltd purchased a new position in Enersys during the 2nd quarter valued at about $28,719,000. Finally, Allianz Asset Management GmbH increased its holdings in shares of Enersys by 249.0% in the 2nd quarter. Allianz Asset Management GmbH now owns 428,394 shares of the industrial products company’s stock valued at $36,743,000 after purchasing an additional 305,635 shares during the period. 94.93% of the stock is owned by institutional investors and hedge funds.

Enersys Company 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.