Enersys (NYSE:ENS) Plans $0.26 Quarterly Dividend

Enersys (NYSE:ENS) declared a quarterly dividend on Wednesday, May 20th. Investors of record on Friday, June 19th will be given a dividend of 0.2625 per share by the industrial products company on Thursday, July 2nd. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Thursday, June 18th.

Enersys has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 2 years. Enersys has a payout ratio of 10.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Enersys to earn $12.01 per share next year, which means the company should continue to be able to cover its $1.05 annual dividend with an expected future payout ratio of 8.7%.

Enersys Stock Performance

NYSE:ENS opened at $213.83 on Thursday. The firm has a market cap of $7.88 billion, a PE ratio of 26.50, a price-to-earnings-growth ratio of 1.21 and a beta of 1.17. Enersys has a fifty-two week low of $76.60 and a fifty-two week high of $239.69. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.72 and a current ratio of 2.75. The business has a 50 day moving average price of $193.90 and a 200-day moving average price of $169.52.

Enersys (NYSE:ENS) last released its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share for the quarter, beating analysts’ consensus estimates of $3.00 by $0.19. The firm had revenue of $987.94 million during the quarter, compared to analyst estimates of $973.84 million. Enersys had a return on equity of 21.27% and a net margin of 8.37%.The business’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.97 earnings per share. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Equities research analysts predict that Enersys will post 10.35 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on ENS. BTIG Research reissued a “buy” rating and set a $250.00 price objective on shares of Enersys in a research note on Thursday. TD Cowen initiated coverage on Enersys in a research note on Thursday, March 19th. They issued a “buy” rating and a $190.00 price target for the company. Wall Street Zen lowered Enersys from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Roth Mkm reaffirmed a “buy” rating and issued a $208.00 price target (up from $164.00) on shares of Enersys in a research note on Tuesday, February 3rd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Enersys in a research note on Friday, April 24th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $196.50.

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.