Enersys (NYSE:ENS) Research Coverage Started at TD Cowen

TD Cowen initiated coverage on shares of Enersys (NYSE:ENS) in a research report released on Thursday morning, MarketBeat Ratings reports. The brokerage issued a buy rating and a $190.00 target price on the industrial products company’s stock.

Other research analysts also recently issued reports about the company. Zacks Research downgraded Enersys from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 6th. Roth Mkm restated a “buy” rating and set a $208.00 target price (up from $164.00) on shares of Enersys in a research note on Tuesday, February 3rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Enersys in a report on Tuesday, January 27th. Wall Street Zen lowered shares of Enersys from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 31st. Finally, BTIG Research increased their price objective on shares of Enersys from $175.00 to $185.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $180.25.

Enersys Price Performance

Shares of Enersys stock opened at $165.23 on Thursday. The stock has a market cap of $6.09 billion, a P/E ratio of 20.47, a P/E/G ratio of 1.07 and a beta of 1.11. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.72 and a current ratio of 2.75. The stock’s fifty day moving average is $170.76 and its 200 day moving average is $144.17. Enersys has a one year low of $76.57 and a one year high of $194.77.

Enersys (NYSE:ENS) last released its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.73 by $0.04. The business had revenue of $919.13 million during the quarter, compared to analyst estimates of $932.13 million. Enersys had a return on equity of 21.27% and a net margin of 8.37%.Enersys’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.12 earnings per share. Enersys has set its Q4 2026 guidance at 2.950-3.050 EPS. Sell-side analysts anticipate that Enersys will post 9.99 earnings per share for the current year.

Enersys Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be paid a dividend of $0.2625 per share. This represents a $1.05 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Friday, March 13th. Enersys’s dividend payout ratio (DPR) is 13.01%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ENS. PFG Investments LLC raised its position in shares of Enersys by 4.2% in the 4th quarter. PFG Investments LLC now owns 1,939 shares of the industrial products company’s stock valued at $285,000 after purchasing an additional 78 shares during the last quarter. Stifel Financial Corp grew its position in Enersys by 2.0% during the 4th quarter. Stifel Financial Corp now owns 4,252 shares of the industrial products company’s stock worth $624,000 after purchasing an additional 84 shares during the last quarter. Kestra Advisory Services LLC grew its position in Enersys by 4.9% during the 4th quarter. Kestra Advisory Services LLC now owns 2,009 shares of the industrial products company’s stock worth $295,000 after purchasing an additional 94 shares during the last quarter. Merit Financial Group LLC increased its stake in Enersys by 3.8% during the 3rd quarter. Merit Financial Group LLC now owns 2,662 shares of the industrial products company’s stock valued at $301,000 after purchasing an additional 97 shares in the last quarter. Finally, CIBC Private Wealth Group LLC raised its holdings in shares of Enersys by 116.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock worth $27,000 after buying an additional 98 shares during 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.