BNP Paribas Financial Markets Increases Stock Position in Enersys $ENS

Key Points

• BNP Paribas Financial Markets increased its Enersys stake by 31.9% in the fourth quarter, bringing its holdings to 115,489 shares worth about $16.95 million.
• Analysts remain broadly positive on Enersys, with a consensus rating of Moderate Buy and an average price target of $257.50 after several firms raised targets to as high as $265.
• Enersys reported better-than-expected quarterly results, with EPS of $3.19 versus $3.00 expected and revenue of $987.94 million, and it also announced a quarterly dividend of $0.2625 per share.

BNP Paribas Financial Markets boosted its stake in Enersys (NYSE:ENS - Free Report) by 31.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 115,489 shares of the industrial products company's stock after acquiring an additional 27,958 shares during the period. BNP Paribas Financial Markets owned about 0.31% of Enersys worth $16,948,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. PFG Investments LLC increased its stake in Enersys by 4.2% in the fourth quarter. PFG Investments LLC now owns 1,939 shares of the industrial products company's stock valued at $285,000 after purchasing an additional 78 shares during the period. Merit Financial Group LLC increased its stake in Enersys by 3.8% in the third quarter. Merit Financial Group LLC now owns 2,662 shares of the industrial products company's stock valued at $301,000 after purchasing an additional 97 shares during the period. Vise Technologies Inc. increased its stake in Enersys by 3.8% in the third quarter. Vise Technologies Inc. now owns 2,729 shares of the industrial products company's stock valued at $308,000 after purchasing an additional 100 shares during the period. Cardinal Capital Management increased its stake in Enersys by 0.9% in the fourth quarter. Cardinal Capital Management now owns 11,710 shares of the industrial products company's stock valued at $1,718,000 after purchasing an additional 105 shares during the period. Finally, ProShare Advisors LLC increased its stake in Enersys by 1.5% in the fourth quarter. ProShare Advisors LLC now owns 8,293 shares of the industrial products company's stock valued at $1,217,000 after purchasing an additional 120 shares during the period. 94.93% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. TD Cowen lifted their price objective on shares of Enersys from $220.00 to $265.00 and gave the company a "buy" rating in a research note on Thursday, May 21st. Weiss Ratings restated a "buy (b)" rating on shares of Enersys in a research note on Friday, April 24th. Roth Mkm reiterated a "buy" rating and set a $265.00 price target on shares of Enersys in a research note on Friday, May 22nd. Oppenheimer boosted their price target on shares of Enersys from $210.00 to $250.00 and gave the stock an "outperform" rating in a research note on Friday, May 22nd. Finally, Wall Street Zen lowered shares of Enersys from a "strong-buy" rating to a "buy" rating in a research note on Sunday, May 31st. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $257.50.

Enersys Stock Down 5.0%

ENS stock opened at $226.36 on Friday. The company has a market cap of $8.27 billion, a P/E ratio of 29.36, a P/E/G ratio of 1.25 and a beta of 1.17. Enersys has a 52 week low of $80.82 and a 52 week high of $244.30. The company's 50-day moving average price is $210.20 and its 200 day moving average price is $177.84. The company has a current ratio of 2.66, a quick ratio of 1.76 and a debt-to-equity ratio of 0.57.

Enersys (NYSE:ENS - Get Free Report) last released its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $3.19 EPS for the quarter, topping analysts' consensus estimates of $3.00 by $0.19. The firm had revenue of $987.94 million for the quarter, compared to the consensus estimate of $973.84 million. Enersys had a net margin of 7.83% and a return on equity of 21.39%. The firm's revenue was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.97 earnings per share. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. On average, research analysts expect that Enersys will post 12.07 earnings per share for the current fiscal year.

Enersys Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 19th will be issued a dividend of $0.2625 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.05 dividend on an annualized basis and a yield of 0.5%. Enersys's payout ratio is currently 13.62%.

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.

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