Enersys (NYSE:ENS) Sets New 1-Year High – What’s Next?

Enersys (NYSE:ENSGet Free Report) hit a new 52-week high on Tuesday . The company traded as high as $177.99 and last traded at $178.1730, with a volume of 28967 shares. The stock had previously closed at $174.97.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ENS. Zacks Research lowered shares of Enersys from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. BTIG Research raised Enersys from a “neutral” rating to a “buy” rating in a research note on Monday, December 15th. Weiss Ratings restated a “buy (b)” rating on shares of Enersys in a research report on Thursday, October 30th. Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 8th. Finally, Oppenheimer reiterated an “outperform” rating on shares of Enersys in a research report on Friday, November 7th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Enersys currently has a consensus rating of “Moderate Buy” and an average target price of $129.00.

Check Out Our Latest Stock Analysis on Enersys

Enersys Stock Up 1.3%

The company has a debt-to-equity ratio of 0.63, a current ratio of 2.77 and a quick ratio of 1.73. The stock has a market cap of $6.54 billion, a price-to-earnings ratio of 20.72, a price-to-earnings-growth ratio of 1.12 and a beta of 1.10. The firm has a 50 day simple moving average of $151.62 and a two-hundred day simple moving average of $123.60.

Enersys (NYSE:ENSGet Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The industrial products company reported $2.56 EPS for the quarter, beating analysts’ consensus estimates of $2.36 by $0.20. Enersys had a return on equity of 22.48% and a net margin of 9.05%.The company had revenue of $951.30 million during the quarter, compared to analysts’ expectations of $890.27 million. During the same period in the prior year, the business posted $2.12 EPS. Enersys’s revenue was up 7.6% on a year-over-year basis. Enersys has set its Q3 2026 guidance at 2.710-2.81 EPS. As a group, sell-side analysts expect that Enersys will post 9.99 EPS for the current year.

Enersys Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Friday, December 12th were paid a dividend of $0.2625 per share. This represents a $1.05 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Friday, December 12th. Enersys’s dividend payout ratio (DPR) is presently 12.28%.

Insiders Place Their Bets

In other Enersys news, insider Chad C. Uplinger sold 6,702 shares of Enersys stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $151.46, for a total transaction of $1,015,084.92. Following the transaction, the insider directly owned 23,713 shares in the company, valued at approximately $3,591,570.98. The trade was a 22.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.91% of the company’s stock.

Institutional Investors Weigh In On Enersys

Hedge funds have recently modified their holdings of the business. Invesco Ltd. grew its position in shares of Enersys by 5.9% in the 3rd quarter. Invesco Ltd. now owns 1,158,838 shares of the industrial products company’s stock valued at $130,902,000 after purchasing an additional 64,503 shares during the period. Geode Capital Management LLC lifted its stake in Enersys by 2.4% in the second quarter. Geode Capital Management LLC now owns 989,020 shares of the industrial products company’s stock valued at $84,838,000 after buying an additional 23,252 shares in the last quarter. First Trust Advisors LP boosted its holdings in shares of Enersys by 9.4% in the third quarter. First Trust Advisors LP now owns 965,026 shares of the industrial products company’s stock valued at $109,009,000 after buying an additional 82,944 shares during the period. New South Capital Management Inc. increased its position in shares of Enersys by 22.6% during the third quarter. New South Capital Management Inc. now owns 857,600 shares of the industrial products company’s stock worth $96,874,000 after acquiring an additional 158,267 shares in the last quarter. Finally, Boston Partners raised its holdings in shares of Enersys by 4.7% during the third quarter. Boston Partners now owns 680,174 shares of the industrial products company’s stock worth $76,973,000 after acquiring an additional 30,767 shares during the period. Institutional investors and hedge funds own 94.93% of the company’s stock.

About Enersys

(Get Free Report)

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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