Enersys (NYSE:ENS) Hits New 12-Month High – What’s Next?

Enersys (NYSE:ENS)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $142.50 and last traded at $141.8560, with a volume of 25146 shares changing hands. The stock had previously closed at $141.10.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Wall Street Zen raised Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 8th. Oppenheimer reiterated an “outperform” rating on shares of Enersys in a research note on Friday, November 7th. Weiss Ratings restated a “buy (b)” rating on shares of Enersys in a research note on Thursday, October 30th. Roth Capital reaffirmed a “buy” rating and issued a $120.00 price objective on shares of Enersys in a research note on Tuesday, August 5th. Finally, Zacks Research upgraded shares of Enersys from a “hold” rating to a “strong-buy” rating in a report on Monday, November 10th. One investment analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $126.00.

Enersys Trading Up 0.7%

The firm has a market capitalization of $5.25 billion, a P/E ratio of 16.23, a PEG ratio of 0.71 and a beta of 1.13. The company has a quick ratio of 1.91, a current ratio of 3.00 and a debt-to-equity ratio of 0.68. The business has a 50-day moving average price of $122.60 and a 200-day moving average price of $103.35.

Enersys (NYSE:ENS) last issued its earnings results on Wednesday, November 5th. The industrial products company reported $2.56 earnings per share for the quarter, beating the consensus estimate of $2.36 by $0.20. The business had revenue of $951.30 million for the quarter, compared to analyst estimates of $890.27 million. Enersys had a net margin of 9.60% and a return on equity of 21.99%. The firm’s revenue was up 7.6% on a year-over-year basis. During the same period in the previous year, the business earned $2.12 EPS. Enersys has set its Q3 2026 guidance at 2.710-2.81 EPS. Analysts anticipate that Enersys will post 9.99 earnings per share for the current year.

Enersys Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Friday, December 12th will be paid a dividend of $0.2625 per share. This represents a $1.05 annualized dividend and a yield of 0.7%. The ex-dividend date is Friday, December 12th. Enersys’s dividend payout ratio is currently 12.28%.

Hedge Funds Weigh In On Enersys

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Root Financial Partners LLC bought a new position in shares of Enersys in the third quarter valued at approximately $25,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in Enersys in the second quarter worth $28,000. Caitong International Asset Management Co. Ltd boosted its stake in Enersys by 2,500.0% in the first quarter. Caitong International Asset Management Co. Ltd now owns 338 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 325 shares in the last quarter. Gen Wealth Partners Inc bought a new stake in shares of Enersys during the first quarter worth $36,000. Finally, Optiver Holding B.V. acquired a new stake in shares of Enersys in the third quarter valued at $47,000. 94.93% of the stock is currently owned by institutional investors and hedge funds.

About Enersys

EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.