Enersys (NYSE:ENS – Get Free Report) has been given an average recommendation of “Moderate Buy” by the six ratings firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $180.25.
ENS has been the topic of a number of research reports. Wall Street Zen lowered shares of Enersys from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 31st. Zacks Research downgraded shares of Enersys from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Weiss Ratings restated a “buy (b)” rating on shares of Enersys in a report on Tuesday, January 27th. TD Cowen assumed coverage on Enersys in a research report on Thursday. They issued a “buy” rating and a $190.00 target price on the stock. Finally, BTIG Research increased their target price on Enersys from $175.00 to $185.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th.
Read Our Latest Stock Report on Enersys
Enersys Stock Down 2.0%
Enersys (NYSE:ENS – Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.77 EPS for the quarter, topping analysts’ consensus estimates of $2.73 by $0.04. Enersys had a net margin of 8.37% and a return on equity of 21.27%. The firm had revenue of $919.13 million during the quarter, compared to analysts’ expectations of $932.13 million. During the same period in the previous year, the business posted $3.12 earnings per share. The company’s revenue for the quarter was up 1.4% compared to the same quarter last year. Enersys has set its Q4 2026 guidance at 2.950-3.050 EPS. As a group, research analysts expect that Enersys will post 9.99 earnings per share for the current year.
Enersys Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 13th will be given a dividend of $0.2625 per share. The ex-dividend date is Friday, March 13th. This represents a $1.05 annualized dividend and a yield of 0.6%. Enersys’s dividend payout ratio (DPR) is presently 13.01%.
Institutional Investors Weigh In On Enersys
A number of institutional investors have recently modified their holdings of the business. Cardinal Capital Management bought a new stake in shares of Enersys in the third quarter valued at approximately $1,311,000. SG Americas Securities LLC increased its stake in Enersys by 279.0% during the 3rd quarter. SG Americas Securities LLC now owns 14,351 shares of the industrial products company’s stock worth $1,621,000 after acquiring an additional 10,564 shares during the period. AXQ Capital LP bought a new position in Enersys during the 3rd quarter worth $657,000. First Trust Advisors LP raised its holdings in Enersys by 9.4% in the 3rd quarter. First Trust Advisors LP now owns 965,026 shares of the industrial products company’s stock valued at $109,009,000 after acquiring an additional 82,944 shares in the last quarter. Finally, New South Capital Management Inc. raised its holdings in Enersys by 22.6% in the 3rd quarter. New South Capital Management Inc. now owns 857,600 shares of the industrial products company’s stock valued at $96,874,000 after acquiring an additional 158,267 shares in the last quarter. Institutional investors own 94.93% of the company’s stock.
Enersys Company Profile
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.
Read More
Receive News & Ratings for Enersys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enersys and related companies with MarketBeat.com's FREE daily email newsletter.
