Enersys (NYSE:ENS) Sets New 12-Month High – Still a Buy?

Shares of Enersys (NYSE:ENS) reached a new 52-week high on Tuesday . The stock traded as high as $145.86 and last traded at $144.6480, with a volume of 23174 shares. The stock had previously closed at $142.52.

Analyst Ratings Changes

Several research firms recently commented on ENS. Roth Capital reaffirmed a “buy” rating and set a $120.00 price objective on shares of Enersys in a research report on Tuesday, August 5th. Zacks Research raised shares of Enersys from a “hold” rating to a “strong-buy” rating in a report on Monday, November 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Enersys in a research report on Thursday, October 30th. Oppenheimer reissued an “outperform” rating on shares of Enersys in a report on Friday, November 7th. Finally, Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 8th. One research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $126.00.

Enersys Price Performance

The company has a current ratio of 3.00, a quick ratio of 1.91 and a debt-to-equity ratio of 0.68. The company has a market cap of $5.35 billion, a P/E ratio of 16.53, a P/E/G ratio of 0.71 and a beta of 1.13. The firm has a 50 day moving average of $125.21 and a 200-day moving average of $104.56.

Enersys (NYSE:ENS) last issued its earnings results on Wednesday, November 5th. The industrial products company reported $2.56 earnings per share for the quarter, topping analysts’ consensus estimates of $2.36 by $0.20. Enersys had a net margin of 9.60% and a return on equity of 21.99%. The firm had revenue of $951.30 million during the quarter, compared to analyst estimates of $890.27 million. During the same quarter in the prior year, the business earned $2.12 earnings per share. Enersys’s revenue for the quarter 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, equities research analysts predict that Enersys will post 9.99 EPS for the current year.

Enersys Dividend Announcement

The business 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 $0.2625 dividend. The ex-dividend date is Friday, December 12th. This represents a $1.05 annualized dividend and a yield of 0.7%. Enersys’s dividend payout ratio (DPR) is currently 12.28%.

Institutional Investors Weigh In On Enersys

Institutional investors have recently made changes to their positions in the company. Merit Financial Group LLC boosted its position in Enersys by 3.8% in the 3rd quarter. Merit Financial Group LLC now owns 2,662 shares of the industrial products company’s stock valued at $301,000 after buying an additional 97 shares during the period. Vise Technologies Inc. increased its holdings in Enersys by 3.8% during the third quarter. Vise Technologies Inc. now owns 2,729 shares of the industrial products company’s stock valued at $308,000 after buying an additional 100 shares during the period. Hudson Edge Investment Partners Inc. raised its stake in Enersys by 1.6% in the third quarter. Hudson Edge Investment Partners Inc. now owns 7,811 shares of the industrial products company’s stock worth $882,000 after buying an additional 123 shares in the last quarter. Lumbard & Kellner LLC lifted its holdings in Enersys by 0.3% during the third quarter. Lumbard & Kellner LLC now owns 44,526 shares of the industrial products company’s stock worth $5,030,000 after buying an additional 145 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its position in Enersys by 27.7% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 705 shares of the industrial products company’s stock valued at $80,000 after acquiring an additional 153 shares in the last quarter. Institutional investors own 94.93% of the company’s stock.

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.