BTIG Research reaffirmed their buy rating on shares of Enersys (NYSE:ENS – Free Report) in a report issued on Thursday morning,Benzinga reports. The firm currently has a $280.00 price objective on the industrial products company’s stock.
A number of other analysts have also recently issued reports on ENS. Roth Capital reissued a “buy” rating and issued a $265.00 price objective on shares of Enersys in a research note on Friday, May 22nd. Wall Street Zen downgraded shares of Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Oppenheimer increased their price target on Enersys from $210.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, May 22nd. TD Cowen increased their price target on Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Finally, Weiss Ratings cut Enersys from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, June 26th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Enersys presently has an average rating of “Moderate Buy” and an average target price of $265.00.
Get Our Latest Research Report on Enersys
Enersys Trading Up 3.1%
Enersys (NYSE:ENS – Get Free Report) last released 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. Enersys had a net margin of 9.29% and a return on equity of 24.02%. The company had revenue of $935.64 million for the quarter, compared to analysts’ expectations of $928.01 million. During the same quarter last year, the business earned $2.08 EPS. The firm’s revenue was up 4.8% compared to the same quarter last year. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. As a group, equities research analysts expect that Enersys will post 12.29 EPS for the current year.
Enersys Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 18th will be given a dividend of $0.2875 per share. The ex-dividend date is Friday, September 18th. This is an increase from Enersys’s previous quarterly dividend of $0.26. This represents a $1.15 annualized dividend and a dividend yield of 0.6%. Enersys’s dividend payout ratio (DPR) is 12.31%.
Hedge Funds Weigh In On Enersys
Several hedge funds have recently modified their holdings of the stock. BlackRock Inc. purchased a new position in Enersys during the second quarter valued at $1,221,455,000. Norges Bank purchased a new stake in Enersys in the 4th quarter worth $78,599,000. Paradigm Capital Management Inc. NY purchased a new stake in Enersys in the 2nd quarter worth $102,249,000. LSV Asset Management boosted 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 valued at $82,516,000 after purchasing an additional 421,338 shares during the last quarter. Finally, Millennium Management LLC boosted its holdings in shares of Enersys by 257.8% during the 3rd quarter. Millennium Management LLC now owns 556,771 shares of the industrial products company’s stock valued at $62,893,000 after purchasing an additional 401,167 shares during the last quarter. Hedge funds and other institutional investors own 94.93% of the company’s stock.
Enersys News Roundup
Here are the key news stories impacting Enersys this week:
- Positive Sentiment: Results exceeded expectations: EnerSys reported fiscal Q1 sales of approximately $935.6 million, up 4.8% year over year, while adjusted diluted EPS rose to $3.66 from $2.23. EPS exceeded the roughly $2.82–$2.83 consensus estimate, and revenue also topped forecasts. Pricing, margin expansion, tax benefits and a tariff refund supported the earnings beat. ENS Q1 Earnings and Sales Beat on Pricing, Margin Expansion
- Positive Sentiment: Favorable second-quarter outlook: Management projected fiscal Q2 sales of $955 million to $995 million and adjusted EPS of $3.15 to $3.25. The company highlighted demand momentum in data centers, communications, and aerospace and defense, helping offset softer material-handling trends. EnerSys jumps on earnings beat, upbeat Q2 guidance
- Positive Sentiment: Capital-return and growth initiatives: EnerSys raised its quarterly dividend approximately 9.5% to $0.2875 per share, signaling confidence in cash generation. Management also reported a cash increase and continued progress toward a U.S. lithium-cell facility, supporting the company’s longer-term strategy. EnerSys Earnings Call Highlights Lithium Push, Cash Surge
- Positive Sentiment: Analyst support: BTIG reaffirmed its Buy rating and maintained a $280 price target, implying substantial potential upside from the reported trading level. BTIG rating reaffirmation
- Neutral Sentiment: Some of the quarter’s benefit came from tax advantages and a tariff refund, which may not fully recur. Investors will also monitor weaker material-handling demand and execution risks surrounding the lithium-cell expansion.
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.
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