Enersys (NYSE:ENS) Sets New 52-Week High – Here’s What Happened

Enersys (NYSE:ENS) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $202.74 and last traded at $200.4840, with a volume of 56083 shares. The stock had previously closed at $199.91.

Analyst Ratings Changes

Several research firms have recently issued reports on ENS. Zacks Research lowered shares of Enersys from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 6th. Roth Mkm reiterated a “buy” rating and issued a $208.00 target price (up from $164.00) on shares of Enersys in a research note on Tuesday, February 3rd. BTIG Research upped their target price on shares of Enersys from $175.00 to $185.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. TD Cowen began coverage on shares of Enersys in a research note on Thursday, March 19th. They issued a “buy” rating and a $190.00 target price for the company. Finally, Wall Street Zen lowered shares of Enersys from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 31st. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $180.25.

Enersys Stock Performance

The stock has a market cap of $7.34 billion, a P/E ratio of 24.66, a price-to-earnings-growth ratio of 1.11 and a beta of 1.07. The company’s 50 day moving average price is $174.56 and its 200-day moving average price is $155.43. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.72 and a current ratio of 2.75.

Enersys (NYSE:ENS) last posted its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.77 earnings per share for the quarter, beating the consensus estimate of $2.73 by $0.04. The company had revenue of $919.10 million during the quarter, compared to analyst estimates of $932.13 million. Enersys had a net margin of 8.37% and a return on equity of 21.27%. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.12 earnings per share. Enersys has set its Q4 2026 guidance at 2.950-3.050 EPS. Equities analysts forecast that Enersys will post 10.35 EPS for the current fiscal year.

Enersys Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 13th were given a dividend of $0.2625 per share. The ex-dividend date was Friday, March 13th. This represents a $1.05 annualized dividend and a yield of 0.5%. Enersys’s dividend payout ratio is presently 13.01%.

Hedge Funds Weigh In On Enersys

Several institutional investors have recently added to or reduced their stakes in ENS. United Services Automobile Association bought a new position in Enersys during the first quarter valued at about $240,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Enersys by 9.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 113,770 shares of the industrial products company’s stock valued at $10,419,000 after buying an additional 9,737 shares during the period. Arrowstreet Capital Limited Partnership bought a new position in Enersys during the second quarter valued at about $4,623,000. EverSource Wealth Advisors LLC grew its position in Enersys by 626.3% during the second quarter. EverSource Wealth Advisors LLC now owns 552 shares of the industrial products company’s stock valued at $47,000 after buying an additional 476 shares during the period. Finally, Cerity Partners LLC bought a new position in Enersys during the second quarter valued at about $460,000. Institutional investors own 94.93% of the company’s stock.

About Enersys

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.