QRG Capital Management Inc. Cuts Stock Holdings in Enersys $ENS

QRG Capital Management Inc. lowered its position in shares of Enersys (NYSE:ENS) by 69.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,859 shares of the industrial products company’s stock after selling 4,197 shares during the quarter. QRG Capital Management Inc.’s holdings in Enersys were worth $210,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Cardinal Capital Management purchased a new position in Enersys in the 3rd quarter valued at $1,311,000. ABLE Financial Group LLC raised its position in shares of Enersys by 16.8% in the third quarter. ABLE Financial Group LLC now owns 24,626 shares of the industrial products company’s stock valued at $2,782,000 after buying an additional 3,546 shares during the last quarter. SG Americas Securities LLC raised its position in shares of Enersys by 279.0% in the third quarter. SG Americas Securities LLC now owns 14,351 shares of the industrial products company’s stock valued at $1,621,000 after buying an additional 10,564 shares during the last quarter. CWM LLC lifted its stake in shares of Enersys by 130.4% in the third quarter. CWM LLC now owns 13,868 shares of the industrial products company’s stock worth $1,567,000 after buying an additional 7,849 shares in the last quarter. Finally, Entropy Technologies LP boosted its position in Enersys by 235.6% during the second quarter. Entropy Technologies LP now owns 10,072 shares of the industrial products company’s stock worth $864,000 after acquiring an additional 7,071 shares during the last quarter. Hedge funds and other institutional investors own 94.93% of the company’s stock.

Insider Buying and Selling

In other Enersys news, insider Chad C. Uplinger sold 6,702 shares of the business’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 transaction, the insider owned 23,713 shares in the company, valued at $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 SEC, which is available at the SEC website. 0.91% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

ENS has been the subject of a number of recent research reports. Zacks Research downgraded shares of Enersys from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Wall Street Zen raised Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 8th. BTIG Research upgraded Enersys from a “neutral” rating to a “buy” rating in a research report on Monday, December 15th. Oppenheimer restated an “outperform” rating on shares of Enersys in a report on Friday, November 7th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Enersys in a research note on Thursday, October 30th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $129.00.

Enersys Price Performance

ENS opened at $173.51 on Monday. The stock’s 50-day moving average price is $150.80 and its 200 day moving average price is $122.99. Enersys has a 12-month low of $76.57 and a 12-month high of $177.47. The firm has a market cap of $6.40 billion, a price-to-earnings ratio of 20.29, a PEG ratio of 1.12 and a beta of 1.10. The company has a current ratio of 2.77, a quick ratio of 1.73 and a debt-to-equity ratio of 0.63.

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

Enersys Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Friday, December 12th were issued a dividend of $0.2625 per share. The ex-dividend date was Friday, December 12th. This represents a $1.05 dividend on an annualized basis and a yield of 0.6%. Enersys’s dividend payout ratio is 12.28%.

Enersys Company Profile

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.