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

Shares of Enersys (NYSE:ENS) reached a new 52-week high on Wednesday . The company traded as high as $141.00 and last traded at $138.6930, with a volume of 58730 shares. The stock had previously closed at $138.57.

Analyst Upgrades and Downgrades

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

Enersys Stock Down 0.3%

The company’s fifty day moving average is $116.13 and its 200-day moving average is $99.98. The company has a market cap of $5.10 billion, a PE ratio of 15.74, a PEG ratio of 0.71 and a beta of 1.13. The company has a quick ratio of 1.91, a current ratio of 3.00 and a debt-to-equity ratio of 0.68.

Enersys (NYSE:ENS) last announced its earnings results on Wednesday, November 5th. The industrial products company reported $2.56 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $890.27 million. During the same quarter in the previous year, the business earned $2.12 EPS. The company’s quarterly revenue was up 7.6% on a year-over-year basis. Enersys has set its Q3 2026 guidance at 2.710-2.81 EPS. On average, analysts predict that Enersys will post 9.99 EPS for the current year.

Enersys Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Investors of record on Friday, December 12th will be given a dividend of $0.2625 per share. The ex-dividend date is Friday, December 12th. This represents a $1.05 dividend on an annualized basis and a yield of 0.8%. Enersys’s payout ratio is presently 12.28%.

Hedge Funds Weigh In On Enersys

Institutional investors have recently modified their holdings of the business. Intech Investment Management LLC raised its holdings in Enersys by 13.4% in the 1st quarter. Intech Investment Management LLC now owns 29,706 shares of the industrial products company’s stock valued at $2,720,000 after acquiring an additional 3,512 shares during the last quarter. EP Wealth Advisors LLC bought a new stake in Enersys during the 1st quarter valued at $229,000. Avantax Advisory Services Inc. lifted its holdings in shares of Enersys by 1.9% in the first quarter. Avantax Advisory Services Inc. now owns 18,576 shares of the industrial products company’s stock valued at $1,701,000 after buying an additional 338 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Enersys by 33.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 15,751 shares of the industrial products company’s stock valued at $1,421,000 after buying an additional 3,991 shares in the last quarter. Finally, Picton Mahoney Asset Management acquired a new stake in shares of Enersys during the 1st quarter valued at $384,000. 94.93% of the stock is owned by institutional investors and hedge funds.

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.