Enersys (NYSE:ENS) Increases Dividend to $0.29 Per Share

Enersys (NYSE:ENS) declared a quarterly dividend on Wednesday, August 12th. Investors of record on Friday, September 18th will be paid a dividend of 0.2875 per share by the industrial products company on Friday, October 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, September 18th. This is a 9.5% increase from Enersys’s previous quarterly dividend of $0.26.

Enersys has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 2 consecutive years. Enersys has a dividend payout ratio of 10.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Enersys to earn $14.99 per share next year, which means the company should continue to be able to cover its $1.05 annual dividend with an expected future payout ratio of 7.0%.

Enersys Trading Up 0.4%

ENS opened at $186.96 on Thursday. The company has a quick ratio of 1.76, a current ratio of 2.66 and a debt-to-equity ratio of 0.57. Enersys has a twelve month low of $97.03 and a twelve month high of $244.30. The stock has a market capitalization of $6.82 billion, a price-to-earnings ratio of 24.25, a P/E/G ratio of 1.03 and a beta of 1.19. The company has a 50-day simple moving average of $207.59 and a 200 day simple moving average of $197.04.

Enersys (NYSE:ENS) last posted its quarterly earnings results on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.83 by $0.83. Enersys had a net margin of 7.83% and a return on equity of 21.39%. The business had revenue of $935.64 million for the quarter, compared to analyst estimates of $928.01 million. During the same quarter last year, the business posted $2.08 EPS. The firm’s revenue for the quarter was up 4.8% on a year-over-year basis. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Analysts predict that Enersys will post 12.1 EPS for the current fiscal year.

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.