Enersys (NYSE:ENS) Announces Quarterly Earnings Results, Beats Estimates By $0.83 EPS

Enersys (NYSE:ENS) released its earnings results on Wednesday. The industrial products company reported $3.66 earnings per share for the quarter, topping analysts’ consensus estimates of $2.83 by $0.83, FiscalAI reports. The firm had revenue of $935.64 million during the quarter, compared to analyst estimates of $928.01 million. Enersys had a net margin of 7.83% and a return on equity of 21.39%. Enersys updated its Q2 2027 guidance to 1.950-2.050 EPS.

Enersys Stock Performance

ENS stock traded up $0.75 during midday trading on Wednesday, hitting $186.96. The stock had a trading volume of 661,735 shares, compared to its average volume of 464,443. Enersys has a 52 week low of $97.03 and a 52 week high of $244.30. The company has a current ratio of 2.66, a quick ratio of 1.76 and a debt-to-equity ratio of 0.57. The stock has a 50-day simple moving average of $208.64 and a 200 day simple moving average of $196.96. The firm 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.

Enersys Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Friday, June 19th were given a $0.2625 dividend. This represents a $1.05 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Thursday, June 18th. Enersys’s dividend payout ratio (DPR) is 13.62%.

Analysts Set New Price Targets

Several brokerages recently weighed in on ENS. Oppenheimer increased their target price on Enersys from $210.00 to $250.00 and gave the company an “outperform” rating in a research note on Friday, May 22nd. BTIG Research boosted their target price on shares of Enersys from $250.00 to $280.00 and gave the stock a “buy” rating in a research report on Friday, June 12th. Weiss Ratings downgraded shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, June 26th. Roth Capital restated a “buy” rating and issued a $265.00 price target on shares of Enersys in a research report on Friday, May 22nd. Finally, Wall Street Zen downgraded shares of Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $265.00.

Hedge Funds Weigh In On Enersys

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. CIBC Private Wealth Group LLC boosted its position in shares of Enersys by 116.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 98 shares in the last quarter. Los Angeles Capital Management LLC bought a new position in Enersys during the fourth quarter worth about $30,000. Allworth Financial LP lifted its stake in Enersys by 442.2% during the third quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 199 shares during the period. Smartleaf Asset Management LLC boosted its holdings in Enersys by 68.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 273 shares of the industrial products company’s stock valued at $40,000 after purchasing an additional 111 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its holdings in Enersys by 391.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 506 shares of the industrial products company’s stock valued at $74,000 after purchasing an additional 403 shares in the last quarter. 94.93% of the stock is owned by 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.