Enersys (NYSE:ENS) Reaches New 52-Week High – Should You Buy?

Shares of Enersys (NYSE:ENS) hit a new 52-week high during trading on Wednesday . The company traded as high as $142.50 and last traded at $141.8560, with a volume of 25146 shares traded. The stock had previously closed at $141.10.

Wall Street Analyst Weigh In

ENS has been the subject of a number of recent research reports. Oppenheimer reissued an “outperform” rating on shares of Enersys in a research note on Friday, November 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Enersys in a research note on Thursday, October 30th. Wall Street Zen raised Enersys from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 8th. Zacks Research raised shares of Enersys from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 10th. Finally, Roth Capital restated a “buy” rating and set a $120.00 target price on shares of Enersys in a report on Tuesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $126.00.

Enersys Stock Up 0.7%

The company has a market cap of $5.25 billion, a price-to-earnings ratio of 16.23, a P/E/G ratio of 0.71 and a beta of 1.13. The firm has a 50-day moving average price of $122.60 and a 200 day moving average price of $103.35. The company has a debt-to-equity ratio of 0.68, a current ratio of 3.00 and a quick ratio of 1.91.

Enersys (NYSE:ENS) last posted its quarterly earnings data on Wednesday, November 5th. The industrial products company reported $2.56 earnings per share for the quarter, topping the consensus estimate of $2.36 by $0.20. Enersys had a return on equity of 21.99% and a net margin of 9.60%.The firm had revenue of $951.30 million for the quarter, compared to analysts’ expectations of $890.27 million. During the same quarter last year, the business earned $2.12 EPS. The company’s quarterly revenue was up 7.6% compared to the same quarter last year. Enersys has set its Q3 2026 guidance at 2.710-2.81 EPS. Sell-side analysts predict that Enersys will post 9.99 EPS for the current year.

Enersys Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Friday, December 12th will be given a dividend of $0.2625 per share. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Friday, December 12th. Enersys’s dividend payout ratio is presently 12.28%.

Institutional Investors Weigh In On Enersys

Several institutional investors have recently made changes to their positions in the stock. Merit Financial Group LLC increased its stake in Enersys by 3.8% during the 3rd quarter. Merit Financial Group LLC now owns 2,662 shares of the industrial products company’s stock worth $301,000 after acquiring an additional 97 shares during the period. Vise Technologies Inc. grew its holdings in shares of Enersys by 3.8% during the 3rd quarter. Vise Technologies Inc. now owns 2,729 shares of the industrial products company’s stock worth $308,000 after purchasing an additional 100 shares in the last quarter. Hudson Edge Investment Partners Inc. grew its holdings in shares of Enersys by 1.6% during the 3rd quarter. Hudson Edge Investment Partners Inc. now owns 7,811 shares of the industrial products company’s stock worth $882,000 after purchasing an additional 123 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of Enersys by 1.0% in the first quarter. Victory Capital Management Inc. now owns 13,463 shares of the industrial products company’s stock worth $1,233,000 after purchasing an additional 135 shares during the period. Finally, Lumbard & Kellner LLC raised its stake in Enersys by 0.3% in the third quarter. Lumbard & Kellner LLC now owns 44,526 shares of the industrial products company’s stock valued at $5,030,000 after purchasing an additional 145 shares in the last quarter. 94.93% of the stock is currently owned by institutional investors.

About Enersys

EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.