Enersys (NYSE:ENS) Stock Price Target Lowered at Oppenheimer

Enersys (NYSE:ENS) had its price target reduced by Oppenheimer from $250.00 to $210.00 in a report published on Friday morning, Marketbeat Ratings reports. Oppenheimer currently has an outperform rating on the industrial products company’s stock.

A number of other equities research analysts have also commented on the company. Wall Street Zen raised Enersys from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 15th. BTIG Research decreased their price objective on Enersys from $280.00 to $250.00 and set a “buy” rating for the company in a research report on Thursday. Zacks Research cut Enersys from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 13th. Finally, Weiss Ratings cut Enersys from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $247.50.

Enersys Trading Down 3.0%

Shares of ENS stock traded down $4.43 on Friday, hitting $143.37. The stock had a trading volume of 520,295 shares, compared to its average volume of 639,262. Enersys has a twelve month low of $131.01 and a twelve month high of $244.30. The firm has a market cap of $5.17 billion, a P/E ratio of 14.39, a PEG ratio of 0.73 and a beta of 1.21. The company has a current ratio of 2.39, a quick ratio of 1.83 and a debt-to-equity ratio of 0.41. The company has a fifty day moving average price of $171.99 and a two-hundred day moving average price of $190.40.

Enersys (NYSE:ENS) last issued its quarterly earnings data on Wednesday, November 11th. The industrial products company reported $3.22 EPS for the quarter, topping the consensus estimate of $3.19 by $0.03. The business had revenue of $949.90 million for the quarter, compared to the consensus estimate of $968.76 million. Enersys had a return on equity of 25.03% and a net margin of 9.86%. The firm’s revenue was down .1% compared to the same quarter last year. During the same quarter last year, the business posted $2.56 EPS. Enersys has set its Q3 2027 guidance at 3.050-3.150 EPS. As a group, analysts forecast that Enersys will post 13.41 earnings per share for the current fiscal year.

Enersys Dividend Announcement

The company also recently disclosed 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 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, December 18th. Enersys’s dividend payout ratio is currently 12.31%.

Institutional Investors Weigh In On Enersys

Several institutional investors have recently bought and sold shares of ENS. BlackRock Inc. bought a new position in shares of Enersys during the 2nd quarter worth approximately $1,221,455,000. Bank of America Corp DE lifted its position in shares of Enersys by 6.8% in the first quarter. Bank of America Corp DE now owns 459,504 shares of the industrial products company’s stock worth $79,825,000 after purchasing an additional 29,364 shares in the last quarter. Paradigm Capital Management Inc. NY bought a new stake in shares of Enersys in the second quarter worth $102,249,000. Arrowstreet Capital Limited Partnership lifted its position in shares of Enersys by 6.4% in the first quarter. Arrowstreet Capital Limited Partnership now owns 345,303 shares of the industrial products company’s stock worth $59,986,000 after purchasing an additional 20,767 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in Enersys during the second quarter worth $69,388,000. Institutional investors own 94.93% of the company’s stock.

Top Enersys Stories

These are some of the ENS stories that stood out recently:

• Positive Sentiment: Fiscal Q2 2027 adjusted earnings were $3.22 per share, topping the $3.19 consensus and rising from $2.56 a year earlier. EnerSys Q2 Earnings Top Estimates
• Positive Sentiment: Data-center demand, defense business and the Ultralife deal were cited as growth and market-share supports. EnerSys, Ultralife Deal Helps Grow Market Share
• Neutral Sentiment: Oppenheimer cut its target from $250 to $210 but kept an Outperform rating; BTIG lowered its target from $280 to $250 while maintaining Buy. Both targets remain above the recent share price. Oppenheimer stock recommendations BTIG Research stock recommendations

About Enersys

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.