Corient Private Wealth LLC Reduces Stock Holdings in Enersys $ENS

Corient Private Wealth LLC lessened its position in shares of Enersys (NYSE:ENS) by 7.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 131,078 shares of the industrial products company’s stock after selling 10,337 shares during the quarter. Corient Private Wealth LLC owned approximately 0.35% of Enersys worth $11,243,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in Enersys during the second quarter worth about $38,229,000. Ophir Asset Management Pty Ltd purchased a new position in shares of Enersys during the 2nd quarter worth approximately $28,719,000. Allianz Asset Management GmbH raised its position in shares of Enersys by 249.0% during the 2nd quarter. Allianz Asset Management GmbH now owns 428,394 shares of the industrial products company’s stock worth $36,743,000 after purchasing an additional 305,635 shares during the last quarter. Millennium Management LLC lifted its stake in Enersys by 48.9% in the 1st quarter. Millennium Management LLC now owns 617,475 shares of the industrial products company’s stock valued at $56,548,000 after buying an additional 202,727 shares in the last quarter. Finally, Cooper Creek Partners Management LLC acquired a new stake in Enersys during the 2nd quarter valued at $8,914,000. 94.93% of the stock is owned by institutional investors and hedge funds.

Enersys Stock Up 3.1%

ENS opened at $144.53 on Friday. Enersys has a 12 month low of $76.57 and a 12 month high of $152.01. The business has a 50-day moving average of $133.97 and a two-hundred day moving average of $109.62. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.77 and a quick ratio of 1.73. The stock has a market capitalization of $5.33 billion, a price-to-earnings ratio of 16.90, a price-to-earnings-growth ratio of 0.91 and a beta of 1.10.

Enersys (NYSE:ENS) last released its earnings results on Wednesday, November 5th. The industrial products company reported $2.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.36 by $0.20. Enersys had a net margin of 9.05% and a return on equity of 22.48%. The business had revenue of $951.30 million for the quarter, compared to analysts’ expectations of $890.27 million. During the same period last year, the company 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. On average, research analysts expect that Enersys will post 9.99 earnings per share for the current year.

Enersys Dividend Announcement

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

Insiders Place Their Bets

In other Enersys news, insider Chad C. Uplinger sold 6,702 shares of the business’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $151.46, for a total transaction 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. The trade was a 22.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.91% of the company’s stock.

Analyst Ratings Changes

ENS has been the subject of a number of analyst reports. Wall Street Zen raised Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 8th. BTIG Research upgraded shares of Enersys from a “neutral” rating to a “buy” rating in a report on Monday. Oppenheimer reaffirmed an “outperform” rating on shares of Enersys in a research note on Friday, November 7th. Zacks Research upgraded shares of Enersys from a “hold” rating to a “strong-buy” rating in a report on Monday, November 10th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Enersys in a research note on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the stock. According to data from MarketBeat, Enersys has an average rating of “Buy” and an average price target of $126.00.

About Enersys

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.