Enersys (NYSE:ENS) Stock Gets Price Target Reduction from BTIG Research

Enersys (NYSE:ENS) had its target price trimmed by BTIG Research from $280.00 to $250.00 in a research note published on Thursday morning,Benzinga reports. The firm currently has a buy rating on the industrial products company’s stock.

Other research analysts also recently issued reports about the stock. Oppenheimer reissued an “outperform” rating on shares of Enersys in a research note on Friday, August 14th. Weiss Ratings cut shares of Enersys from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday. Wall Street Zen raised shares of Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 15th. Finally, Zacks Research lowered shares of Enersys from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 13th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $247.50.

Enersys Price Performance

Shares of Enersys stock traded down $4.43 during trading on Thursday, hitting $143.37. 520,295 shares of the stock traded hands, compared to its average volume of 639,262. The company has a quick ratio of 1.83, a current ratio of 2.39 and a debt-to-equity ratio of 0.41. The stock has a market cap of $5.17 billion, a price-to-earnings ratio of 14.39, a PEG ratio of 0.73 and a beta of 1.21. The firm’s fifty day moving average is $171.99 and its 200-day moving average is $190.40. Enersys has a 52 week low of $131.01 and a 52 week high of $244.30.

Enersys (NYSE:ENS) last announced its quarterly earnings data on Wednesday, November 11th. The industrial products company reported $3.22 earnings per share for the quarter, beating analysts’ consensus estimates of $3.19 by $0.03. The company had revenue of $949.90 million for the quarter, compared to analysts’ expectations of $968.76 million. Enersys had a return on equity of 25.03% and a net margin of 9.86%. Enersys’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period last year, the firm posted $2.56 EPS. Enersys has set its Q3 2027 guidance at 3.050-3.150 EPS. Research analysts expect that Enersys will post 13.41 EPS for the current fiscal year.

Enersys Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Investors of record on Friday, December 18th will be issued a dividend of $0.2875 per share. The ex-dividend date is Friday, December 18th. This represents a $1.15 annualized dividend and a yield of 0.8%. Enersys’s dividend payout ratio is currently 12.31%.

Hedge Funds Weigh In On Enersys

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Marshall Wace LLP bought a new stake in Enersys in the third quarter valued at approximately $1,037,000. Empowered Funds LLC boosted its stake in shares of Enersys by 478.3% during the third quarter. Empowered Funds LLC now owns 17,042 shares of the industrial products company’s stock valued at $3,128,000 after purchasing an additional 14,095 shares during the period. Caxton Associates LLP boosted its stake in shares of Enersys by 165.7% during the third quarter. Caxton Associates LLP now owns 3,335 shares of the industrial products company’s stock valued at $612,000 after purchasing an additional 2,080 shares during the period. US Asset Management LLC purchased a new stake in shares of Enersys during the third quarter valued at approximately $210,000. Finally, AlphaGrep UK Ltd grew its holdings in shares of Enersys by 97.8% in the third quarter. AlphaGrep UK Ltd now owns 6,257 shares of the industrial products company’s stock worth $1,148,000 after purchasing an additional 3,093 shares during the last quarter. 94.93% of the stock is currently owned by institutional investors.

Top Enersys Stories

These are some of the ENS stories that stood out recently:

• Positive Sentiment: Fiscal Q2 2027 adjusted earnings were $3.22 per share, topping the $3.19 consensus and rising from $2.56 a year earlier. EnerSys Q2 Earnings Top Estimates
• Neutral Sentiment: Oppenheimer cut its target from $250 to $210 but kept an Outperform rating; BTIG lowered its target from $280 to $250 while maintaining Buy. Both targets remain above the recent share price. Oppenheimer stock recommendations BTIG Research stock recommendations
• Negative Sentiment: Revenue of $949.9 million missed the roughly $968.8 million analyst estimate and edged down 0.1% year over year. The company’s Q3 fiscal 2027 EPS guidance is $3.05–$3.15, below its Q2 result. EnerSys beats EPS but misses on revenue

Enersys Company Profile

EnerSys (NYSE: ENS) is a global provider of stored-energy solutions for industrial applications. Its products include batteries, chargers, power-conversion equipment and energy-storage systems, along with related services such as installation, maintenance and recycling. The company serves customers in markets including material handling, telecommunications, data centers, utilities, aerospace and defense, and transportation. Its offerings include lead-acid and lithium-ion batteries and other power systems designed for applications ranging from forklifts and other industrial vehicles to backup and grid-support power.