Bryce Point Capital LLC Lowers Stake in Enersys $ENS

Bryce Point Capital LLC reduced its stake in shares of Enersys (NYSE:ENS) by 49.3% in the third quarter, according to its most recent filing with the SEC. The fund owned 4,636 shares of the industrial products company’s stock after selling 4,508 shares during the period. Bryce Point Capital LLC’s holdings in Enersys were worth $524,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. United Services Automobile Association purchased a new stake in Enersys during the first quarter valued at about $240,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Enersys by 9.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 113,770 shares of the industrial products company’s stock worth $10,419,000 after buying an additional 9,737 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in Enersys by 17.0% in the second quarter. Janney Montgomery Scott LLC now owns 15,471 shares of the industrial products company’s stock worth $1,327,000 after buying an additional 2,248 shares in the last quarter. KLP Kapitalforvaltning AS grew its position in Enersys by 9.2% during the second quarter. KLP Kapitalforvaltning AS now owns 8,300 shares of the industrial products company’s stock valued at $712,000 after acquiring an additional 700 shares during the last quarter. Finally, Johnson Investment Counsel Inc. raised its stake in shares of Enersys by 6.7% during the second quarter. Johnson Investment Counsel Inc. now owns 2,806 shares of the industrial products company’s stock worth $241,000 after acquiring an additional 176 shares in the last quarter. Institutional investors own 94.93% of the company’s stock.

Enersys Trading Up 2.4%

NYSE:ENS opened at $176.37 on Tuesday. The company has a 50-day moving average price of $159.56 and a 200-day moving average price of $129.95. The stock has a market cap of $6.50 billion, a price-to-earnings ratio of 21.86, a P/E/G ratio of 1.11 and a beta of 1.10. The company has a current ratio of 2.75, a quick ratio of 1.72 and a debt-to-equity ratio of 0.61. Enersys has a 12 month low of $76.57 and a 12 month high of $194.77.

Enersys (NYSE:ENS) last released its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.73 by $0.04. Enersys had a net margin of 8.37% and a return on equity of 21.27%. The company had revenue of $919.13 million during the quarter, compared to the consensus estimate of $932.13 million. During the same period in the prior year, the firm earned $3.12 earnings per share. Enersys’s revenue was up 1.4% on a year-over-year basis. Enersys has set its Q4 2026 guidance at 2.950-3.050 EPS. Equities analysts predict that Enersys will post 9.99 EPS for the current year.

Enersys Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be paid a $0.2625 dividend. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, March 13th. Enersys’s dividend payout ratio (DPR) is presently 13.01%.

Analyst Upgrades and Downgrades

ENS has been the subject of a number of research reports. Roth Mkm reaffirmed a “buy” rating and issued a $208.00 price objective (up previously from $164.00) on shares of Enersys in a research note on Tuesday, February 3rd. Oppenheimer restated an “outperform” rating on shares of Enersys in a research report on Friday, November 7th. BTIG Research raised their price objective on Enersys from $175.00 to $185.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Enersys in a research note on Tuesday, January 27th. Finally, Wall Street Zen cut Enersys from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 31st. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Enersys currently has an average rating of “Moderate Buy” and a consensus price target of $177.00.

Insider Buying and Selling at Enersys

In related news, insider Chad C. Uplinger sold 6,702 shares of the company’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $151.46, for a total value of $1,015,084.92. Following the sale, the insider directly owned 23,713 shares of the company’s stock, valued at $3,591,570.98. This represents a 22.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.91% of the stock is owned by corporate insiders.

Enersys 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.