Enersys (NYSE:ENS) Reaches New 52-Week High – Still a Buy?

Enersys (NYSE:ENS)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $214.98 and last traded at $211.8860, with a volume of 211619 shares changing hands. The stock had previously closed at $212.39.

Analyst Ratings Changes

ENS has been the subject of several recent research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Enersys in a research note on Friday, April 24th. Wall Street Zen downgraded Enersys from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 31st. Roth Mkm reissued a “buy” rating and set a $208.00 target price (up from $164.00) on shares of Enersys in a research report on Tuesday, February 3rd. Zacks Research downgraded shares of Enersys from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Finally, TD Cowen began coverage on shares of Enersys in a research report on Thursday, March 19th. They set a “buy” rating and a $190.00 target price for the company. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $180.25.

Enersys Trading Down 0.5%

The company has a market cap of $7.79 billion, a price-to-earnings ratio of 26.20, a P/E/G ratio of 1.18 and a beta of 1.17. The company has a current ratio of 2.75, a quick ratio of 1.72 and a debt-to-equity ratio of 0.61. The firm’s 50-day moving average price is $179.20 and its 200 day moving average price is $160.62.

Enersys (NYSE:ENS) last announced its quarterly earnings data on Wednesday, February 4th. The industrial products company reported $2.77 EPS for the quarter, topping the consensus estimate of $2.73 by $0.04. The company had revenue of $919.10 million during the quarter, compared to the consensus estimate of $932.13 million. Enersys had a net margin of 8.37% and a return on equity of 21.27%. The company’s quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter last year, the firm posted $3.12 EPS. Enersys has set its Q4 2026 guidance at 2.950-3.050 EPS. As a group, equities analysts expect that Enersys will post 10.35 EPS for the current year.

Enersys Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, March 13th were given a dividend of $0.2625 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $1.05 annualized dividend and a dividend yield of 0.5%. Enersys’s dividend payout ratio (DPR) is 13.01%.

Hedge Funds Weigh In On Enersys

A number of large investors have recently modified their holdings of the company. Fifth Third Bancorp lifted its holdings in shares of Enersys by 5,421.6% in the 1st quarter. Fifth Third Bancorp now owns 14,853 shares of the industrial products company’s stock worth $2,580,000 after purchasing an additional 14,584 shares in the last quarter. Osprey Private Wealth LLC lifted its holdings in shares of Enersys by 32.4% in the 1st quarter. Osprey Private Wealth LLC now owns 3,270 shares of the industrial products company’s stock worth $568,000 after purchasing an additional 800 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of Enersys by 11.6% in the 1st quarter. Sequoia Financial Advisors LLC now owns 5,221 shares of the industrial products company’s stock worth $907,000 after purchasing an additional 543 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in shares of Enersys by 89.1% in the 1st quarter. Hsbc Holdings PLC now owns 39,987 shares of the industrial products company’s stock worth $6,868,000 after purchasing an additional 18,837 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund lifted its holdings in shares of Enersys by 2.4% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 7,601 shares of the industrial products company’s stock worth $1,320,000 after purchasing an additional 179 shares in the last quarter. 94.93% of the stock is currently owned by institutional investors.

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.