Enersys (ENS) – What Are Investment Firms Saying About This Stock?

Shares of Enersys (NYSE:ENS) have earned an average rating of “Moderate Buy” from the six brokerages that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $265.00.

A number of brokerages have recently issued reports on ENS. Oppenheimer reaffirmed an “outperform” rating on shares of Enersys in a report on Friday, August 14th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Enersys in a report on Tuesday, September 22nd. Zacks Research downgraded Enersys from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 13th. BTIG Research reissued a “buy” rating and issued a $280.00 target price on shares of Enersys in a research report on Thursday, August 13th. Finally, Wall Street Zen upgraded shares of Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th.

Enersys Stock Up 2.6%

ENS stock opened at $173.82 on Wednesday. Enersys has a 12-month low of $120.27 and a 12-month high of $244.30. The stock’s 50 day simple moving average is $180.61 and its 200 day simple moving average is $191.23.

Enersys (NYSE:ENS) last posted its earnings results on Wednesday, August 12th. The industrial products company reported $3.66 EPS for the quarter, topping analysts’ consensus estimates of $2.83 by $0.83. The business had revenue of $935.64 million during the quarter, compared to the consensus estimate of $928.01 million. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the business posted $2.08 EPS. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. As a group, equities research analysts anticipate that Enersys will post 13.41 earnings per share for the current year.

Enersys Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Friday, September 18th were paid a $0.2875 dividend. This is a boost from Enersys’s previous quarterly dividend of $0.2625. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Friday, September 18th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Global Retirement Partners LLC bought a new position in Enersys during the second quarter valued at approximately $34,000. Quantbot Technologies LP bought a new stake in Enersys in the 2nd quarter worth approximately $39,000. V Square Quantitative Management LLC grew its position in Enersys by 107.5% in the 3rd quarter. V Square Quantitative Management LLC now owns 193 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 100 shares during the period. Trust Co. of Vermont bought a new stake in Enersys in the 2nd quarter worth approximately $57,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Enersys during the 2nd quarter valued at $58,000. 94.93% of the stock is owned by hedge funds and other institutional investors.

Enersys Company Profile

EnerSys (NYSE: ENS) is a global provider of stored energy solutions for industrial, transportation, telecommunications, utility, data center, aerospace and defense applications. The company designs, manufactures and distributes industrial batteries, battery chargers, power systems and related equipment used for backup power, motive power and energy management.

Its product portfolio includes lead-acid and lithium-ion batteries, motive-power systems for electric forklifts and other material-handling equipment, reserve-power batteries for telecommunications and data centers, and specialized energy systems for aerospace, defense and other critical applications.