284,183 Enersys $ENS Shares Sold by New South Capital Management Inc.

New South Capital Management Inc. trimmed its stake in shares of Enersys (NYSE:ENS - Free Report) by 38.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 449,525 shares of the industrial products company's stock after selling 284,183 shares during the quarter. Enersys comprises approximately 5.6% of New South Capital Management Inc.'s investment portfolio, making the stock its 6th biggest position. New South Capital Management Inc. owned about 1.25% of Enersys worth $82,501,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wellington Management Group LLP acquired a new position in Enersys in the 2nd quarter valued at about $22,893,000. Hsbc Holdings PLC raised its holdings in Enersys by 80.1% in the 2nd quarter. Hsbc Holdings PLC now owns 72,021 shares of the industrial products company's stock valued at $16,856,000 after acquiring an additional 32,034 shares during the period. Principal Financial Group Inc. raised its holdings in Enersys by 10.1% in the 1st quarter. Principal Financial Group Inc. now owns 551,045 shares of the industrial products company's stock valued at $95,728,000 after acquiring an additional 50,660 shares during the period. Caisse de depot et placement du Quebec bought a new position in Enersys in the 2nd quarter valued at about $7,305,000. Finally, Renaissance Technologies LLC acquired a new stake in Enersys during the first quarter worth approximately $10,319,000. 94.93% of the stock is currently owned by institutional investors and hedge funds.

Enersys Trading Down 2.0%

Shares of ENS stock opened at $148.31 on Thursday. The stock has a market cap of $5.35 billion, a P/E ratio of 15.88, a price-to-earnings-growth ratio of 0.75 and a beta of 1.21. Enersys has a 1 year low of $131.01 and a 1 year high of $244.30. 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 50 day simple moving average of $173.36 and a 200 day simple moving average of $190.72.

Enersys (NYSE:ENS - Get Free Report) last posted its quarterly earnings data on Wednesday, November 11th. The industrial products company reported $3.22 EPS for the quarter, topping analysts' consensus estimates of $3.19 by $0.03. Enersys had a return on equity of 24.02% and a net margin of 9.29%. The firm had revenue of $949.90 million for the quarter, compared to analyst estimates of $968.76 million. During the same quarter last year, the company earned $2.56 EPS. The company's revenue was down .1% on a year-over-year basis. Enersys has set its Q3 2027 guidance at 3.050-3.150 EPS. On average, research analysts predict that Enersys will post 13.41 earnings per share for the current fiscal year.

Enersys Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Friday, December 18th will be given a dividend of $0.2875 per share. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, December 18th. Enersys's dividend payout ratio is presently 12.31%.

Wall Street Analysts Forecast Growth

ENS has been the subject of a number of research analyst reports. BTIG Research restated a "buy" rating and set a $280.00 price objective on shares of Enersys in a report on Thursday, August 13th. Weiss Ratings downgraded Enersys from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday. Zacks Research lowered Enersys from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, October 13th. Wall Street Zen upgraded Enersys from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 15th. Finally, Oppenheimer reissued an "outperform" rating on shares of Enersys in a report on Friday, August 14th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $265.00.

Top Enersys Stories

Investors following ENS have been watching these stories:

• Neutral Sentiment: The board declared a quarterly dividend of $0.2875 per share, payable December 31 to shareholders of record December 18. Dividend announcement
• Negative Sentiment: Revenue was $949.9 million, below the $968.8 million FactSet estimate, and was down 0.1% year over year. The sales miss tempers the EPS beat. Revenue report
• Negative Sentiment: For fiscal Q3 2027, EnerSys forecast revenue of $935 million–$975 million, a range with a $955 million midpoint below the $963.8 million consensus. EPS guidance of $3.05–$3.15 spans the $3.10 estimate, offering no clear upside to that forecast. Earnings release and outlook

Enersys Profile

EnerSys NYSE: ENS is a global provider of stored-energy solutions for industrial applications. Its products include batteries, chargers, power-conversion equipment and energy-storage systems, along with related services such as installation, maintenance and recycling. The company serves customers in markets including material handling, telecommunications, data centers, utilities, aerospace and defense, and transportation. Its offerings include lead-acid and lithium-ion batteries and other power systems designed for applications ranging from forklifts and other industrial vehicles to backup and grid-support power.

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