Enersys (NYSE:ENS) Reaches New 52-Week High – Here’s Why
by Michael Walen · The Markets DailyShares of Enersys (NYSE:ENS – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $170.32 and last traded at $171.55, with a volume of 46746 shares trading hands. The stock had previously closed at $168.15.
Analysts Set New Price Targets
ENS has been the topic of several recent research reports. BTIG Research upgraded Enersys from a “neutral” rating to a “buy” rating in a research report on Monday, December 15th. Zacks Research lowered shares of Enersys from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Wall Street Zen raised shares of Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 8th. Oppenheimer reissued an “outperform” rating on shares of Enersys in a research report on Tuesday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Enersys in a research report on Thursday, October 30th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $126.00.
Check Out Our Latest Report on Enersys
Enersys Stock Up 2.5%
The company has a debt-to-equity ratio of 0.63, a current ratio of 2.77 and a quick ratio of 1.73. The stock has a market cap of $6.36 billion, a price-to-earnings ratio of 20.18, a price-to-earnings-growth ratio of 1.09 and a beta of 1.10. The firm’s 50-day moving average is $148.01 and its 200 day moving average is $120.62.
Enersys (NYSE:ENS – Get Free Report) last released its quarterly earnings data on Wednesday, November 5th. The industrial products company reported $2.56 EPS for the quarter, topping analysts’ consensus estimates of $2.36 by $0.20. Enersys had a return on equity of 22.48% and a net margin of 9.05%.The business had revenue of $951.30 million during the quarter, compared to the consensus estimate of $890.27 million. During the same period in the prior year, the firm posted $2.12 EPS. The business’s revenue for the quarter was up 7.6% on a year-over-year basis. Enersys has set its Q3 2026 guidance at 2.710-2.81 EPS. Sell-side analysts anticipate that Enersys will post 9.99 earnings per share for the current fiscal year.
Enersys Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Friday, December 12th were given a dividend of $0.2625 per share. This represents a $1.05 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Friday, December 12th. Enersys’s dividend payout ratio is 12.28%.
Insiders Place Their Bets
In other Enersys news, insider Chad C. Uplinger sold 6,702 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $151.46, for a total transaction of $1,015,084.92. Following the completion of the sale, the insider directly owned 23,713 shares in the company, valued at $3,591,570.98. The trade was a 22.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.91% of the stock is currently owned by company insiders.
Institutional Trading of Enersys
A number of institutional investors have recently added to or reduced their stakes in the business. Invesco Ltd. increased its holdings in Enersys by 5.9% in the 3rd quarter. Invesco Ltd. now owns 1,158,838 shares of the industrial products company’s stock valued at $130,902,000 after purchasing an additional 64,503 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Enersys by 2.4% in the second quarter. Geode Capital Management LLC now owns 989,020 shares of the industrial products company’s stock worth $84,838,000 after buying an additional 23,252 shares during the period. First Trust Advisors LP grew its stake in shares of Enersys by 9.4% in the third quarter. First Trust Advisors LP now owns 965,026 shares of the industrial products company’s stock valued at $109,009,000 after buying an additional 82,944 shares in the last quarter. New South Capital Management Inc. raised its holdings in shares of Enersys by 22.6% during 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 buying an additional 158,267 shares during the period. Finally, Boston Partners lifted its position in Enersys by 4.7% during the 3rd quarter. Boston Partners now owns 680,174 shares of the industrial products company’s stock worth $76,973,000 after acquiring an additional 30,767 shares in the last quarter. 94.93% of the stock is owned by hedge funds and other institutional investors.
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.