Enersys (NYSE:ENS) Receives Average Recommendation of “Buy” from Brokerages

Enersys (NYSE:ENS) has earned a consensus recommendation of “Buy” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $265.00.

A number of brokerages have recently commented on ENS. TD Cowen lifted their target price on shares of Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Wall Street Zen raised Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 15th. Oppenheimer reiterated an “outperform” rating on shares of Enersys in a research note on Friday, August 14th. Weiss Ratings downgraded Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 26th. Finally, Roth Capital reaffirmed a “buy” rating and issued a $265.00 price target on shares of Enersys in a report on Friday, May 22nd.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System grew its holdings in shares of Enersys by 22,689.1% during the second quarter. California State Teachers Retirement System now owns 9,967,279 shares of the industrial products company’s stock worth $2,330,549,000 after buying an additional 9,923,542 shares in the last quarter. BlackRock Inc. purchased a new stake in Enersys in the second quarter valued at approximately $1,221,455,000. Norges Bank acquired a new stake in shares of Enersys during the 4th quarter worth $78,599,000. Paradigm Capital Management Inc. NY purchased a new position in shares of Enersys in the 2nd quarter worth about $102,249,000. Finally, LSV Asset Management grew its holdings in shares of Enersys by 298.9% during the 4th quarter. LSV Asset Management now owns 562,293 shares of the industrial products company’s stock worth $82,516,000 after purchasing an additional 421,338 shares during the period. Institutional investors and hedge funds own 94.93% of the company’s stock.

Enersys Stock Performance

Shares of ENS opened at $182.08 on Tuesday. The company has a quick ratio of 1.83, a current ratio of 2.80 and a debt-to-equity ratio of 0.51. The stock has a 50 day moving average price of $194.44 and a 200 day moving average price of $198.49. The company has a market capitalization of $6.57 billion, a price-to-earnings ratio of 19.49, a price-to-earnings-growth ratio of 0.90 and a beta of 1.21. Enersys has a 52-week low of $102.40 and a 52-week high of $244.30.

Enersys (NYSE:ENS) last announced its quarterly earnings results on Wednesday, August 12th. The industrial products company reported $3.66 EPS for the quarter, topping the consensus estimate of $2.83 by $0.83. Enersys had a net margin of 9.29% and a return on equity of 24.02%. The firm had revenue of $935.64 million for the quarter, compared to analyst estimates of $928.01 million. During the same period last year, the business earned $2.08 EPS. Enersys’s revenue for the quarter was up 4.8% compared to the same quarter last year. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Research analysts predict that Enersys will post 13.41 EPS for the current fiscal year.

Enersys Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 18th will be paid a dividend of $0.2875 per share. The ex-dividend date of this dividend is Friday, September 18th. This is an increase from Enersys’s previous quarterly dividend of $0.26. This represents a $1.15 dividend on an annualized basis and a dividend yield of 0.6%. Enersys’s dividend payout ratio is 11.24%.

About Enersys

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.