Danske Bank A S Invests $11.93 Million in Enersys $ENS

Danske Bank A S acquired a new position in shares of Enersys (NYSE:ENS) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 51,018 shares of the industrial products company’s stock, valued at approximately $11,929,000. Danske Bank A S owned 0.14% of Enersys as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of ENS. CIBC Private Wealth Group LLC lifted its stake in shares of Enersys by 116.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 98 shares during the period. Allworth Financial LP increased its holdings in Enersys by 442.2% in the third quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 199 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in Enersys in the fourth quarter valued at approximately $30,000. SBI Securities Co. Ltd. lifted its stake in Enersys by 239.7% in the fourth quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock valued at $31,000 after buying an additional 151 shares during the period. Finally, Global Retirement Partners LLC acquired a new stake in shares of Enersys during the 2nd quarter worth approximately $34,000. Institutional investors own 94.93% of the company’s stock.

Trending Headlines about Enersys

Here are the key news stories impacting Enersys this week:

• Positive Sentiment: Zacks upgraded Enersys from “Hold” to “Strong Buy,” adding to the bullish analyst momentum surrounding the battery and energy-storage company. Zacks upgrade report
• Positive Sentiment: Enersys was highlighted as a high-growth, GARP investment with a discounted PEG ratio, indicating that its valuation appears attractive relative to expected earnings growth. High-growth GARP stocks article
• Positive Sentiment: ENS appeared on Zacks’ Strong Buy lists for growth, value and new Strong Buy additions, reinforcing the view that analysts see favorable earnings potential and valuation. Zacks growth stocks list
• Positive Sentiment: Enersys was identified as a value stock with an attractive enterprise-value-to-EBITDA ratio and strong earnings outlook. Value stocks article
• Positive Sentiment: ENS was included among dividend stocks that recently raised their payouts, supporting the income-investment case even amid geopolitical uncertainty. Dividend hikes article
• Neutral Sentiment: Brokerages currently assign Enersys a consensus “Moderate Buy” rating, positive but less decisive than the new Zacks “Strong Buy” designation. Brokerage consensus report

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ENS. Oppenheimer reiterated an “outperform” rating on shares of Enersys in a research note on Friday, August 14th. Roth Capital reaffirmed a “buy” rating and issued a $265.00 target price on shares of Enersys in a research report on Friday, May 22nd. BTIG Research reissued a “buy” rating and set a $280.00 target price on shares of Enersys in a research report on Thursday, August 13th. Weiss Ratings downgraded Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 26th. Finally, Zacks Research upgraded Enersys from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $265.00.

Enersys Price Performance

Shares of NYSE:ENS opened at $189.57 on Friday. The company has a 50 day moving average of $204.09 and a 200 day moving average of $197.84. The company has a current ratio of 2.80, a quick ratio of 1.83 and a debt-to-equity ratio of 0.51. The stock has a market cap of $6.84 billion, a P/E ratio of 20.30, a P/E/G ratio of 0.96 and a beta of 1.19. Enersys has a 12 month low of $97.03 and a 12 month high of $244.30.

Enersys (NYSE:ENS) last posted its earnings results on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.83 by $0.83. The business had revenue of $935.64 million for the quarter, compared to analysts’ expectations of $928.01 million. Enersys had a net margin of 9.29% and a return on equity of 24.02%. The business’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the company posted $2.08 EPS. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. As a group, sell-side analysts forecast that Enersys will post 13.41 EPS for the current fiscal year.

Enersys Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 18th will be paid a dividend of $0.2875 per share. This is a positive change from Enersys’s previous quarterly dividend of $0.26. This represents a $1.15 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Friday, September 18th. Enersys’s dividend payout ratio is 11.24%.

About Enersys

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.