Enersys Plans Quarterly Dividend of $0.26 (NYSE:ENS)

Enersys (NYSE:ENS) declared a quarterly dividend on Wednesday, February 4th. Stockholders of record on Friday, March 13th will be given a dividend of 0.2625 per share by the industrial products company on Friday, March 27th. This represents a c) annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, March 13th.

Enersys has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 2 consecutive years. Enersys has a payout ratio of 10.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Enersys to earn $10.31 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 10.2%.

Enersys Trading Down 8.7%

NYSE:ENS traded down $16.13 during mid-day trading on Thursday, hitting $168.90. The company had a trading volume of 293,830 shares, compared to its average volume of 435,281. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.73 and a current ratio of 2.77. The firm has a market cap of $6.23 billion, a P/E ratio of 19.91, a P/E/G ratio of 1.23 and a beta of 1.11. The business’s fifty day moving average is $157.97 and its two-hundred day moving average is $128.05. Enersys has a fifty-two week low of $76.57 and a fifty-two week high of $194.77.

Enersys (NYSE:ENS) last posted its earnings results on Wednesday, February 4th. The industrial products company reported $2.77 earnings per share for the quarter, topping the consensus estimate of $2.73 by $0.04. Enersys had a net margin of 9.05% and a return on equity of 22.48%. The company had revenue of $919.13 million for the quarter, compared to analyst estimates of $932.13 million. During the same period last year, the business posted $3.12 earnings per share. The business’s revenue for the quarter was up 1.4% compared to the same quarter last year. Enersys has set its Q4 2026 guidance at 2.950-3.050 EPS. As a group, research analysts expect that Enersys will post 9.99 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on ENS shares. Wall Street Zen cut Enersys from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 31st. BTIG Research raised Enersys from a “neutral” rating to a “buy” rating in a research report on Monday, December 15th. Zacks Research lowered Enersys from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Weiss Ratings restated a “buy (b)” rating on shares of Enersys in a report on Tuesday, January 27th. Finally, Roth Mkm reissued a “buy” rating on shares of Enersys in a research report on Tuesday. Four analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Enersys has an average rating of “Moderate Buy” and a consensus target price of $129.00.

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.