Enersys (NYSE:ENS) Plans $0.26 Quarterly Dividend

Enersys (NYSE:ENS) declared a quarterly dividend on Wednesday, May 20th. Shareholders of record on Friday, June 19th will be given a dividend of 0.2625 per share by the industrial products company on Thursday, July 2nd. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, June 18th.

Enersys has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 2 years. Enersys has a dividend payout ratio of 10.0% meaning its dividend is sufficiently covered by earnings. Analysts expect Enersys to earn $12.01 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 8.7%.

Enersys Price Performance

ENS opened at $213.83 on Thursday. The stock has a fifty day simple moving average of $193.90 and a two-hundred day simple moving average of $169.52. 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 company has a market cap of $7.88 billion, a price-to-earnings ratio of 26.50, a price-to-earnings-growth ratio of 1.21 and a beta of 1.17. Enersys has a 12-month low of $76.60 and a 12-month high of $239.69.

Enersys (NYSE:ENS) last issued its quarterly earnings results on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share for the quarter, beating the consensus estimate of $3.00 by $0.19. Enersys had a return on equity of 21.27% and a net margin of 8.37%.The firm had revenue of $987.94 million during the quarter, compared to the consensus estimate of $973.84 million. During the same period last year, the company earned $2.97 earnings per share. The company’s revenue was up 1.4% on a year-over-year basis. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Research analysts predict that Enersys will post 10.35 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Enersys

Large investors have recently bought and sold shares of the business. Norges Bank bought a new stake in Enersys during the 4th quarter valued at approximately $78,599,000. LSV Asset Management raised its stake in 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 period. Millennium Management LLC raised its stake in 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 period. Price T Rowe Associates Inc. MD raised its stake in Enersys by 342.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 392,781 shares of the industrial products company’s stock valued at $57,641,000 after purchasing an additional 304,018 shares during the period. Finally, Franklin Resources Inc. raised its stake in Enersys by 508.6% during the 4th quarter. Franklin Resources Inc. now owns 324,935 shares of the industrial products company’s stock valued at $47,684,000 after purchasing an additional 271,548 shares during the period. 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.