Enersys (NYSE:ENS) Cut to “Hold” at Zacks Research

Zacks Research cut shares of Enersys (NYSE:ENS) from a strong-buy rating to a hold rating in a research report sent to investors on Tuesday,Zacks.com reports.

ENS has been the topic of several other research reports. BTIG Research raised Enersys from a “neutral” rating to a “buy” rating in a research report on Monday, December 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of Enersys in a research note on Thursday, October 30th. Oppenheimer reiterated an “outperform” rating on shares of Enersys in a report on Friday, November 7th. Finally, Wall Street Zen upgraded shares of Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 8th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $126.00.

Enersys Stock Performance

ENS opened at $157.09 on Tuesday. Enersys has a 1-year low of $76.57 and a 1-year high of $158.22. The company has a market cap of $5.80 billion, a price-to-earnings ratio of 18.37, a PEG ratio of 1.00 and a beta of 1.10. The company’s fifty day moving average price is $142.98 and its two-hundred day moving average price is $116.38. The company has a current ratio of 2.77, a quick ratio of 1.73 and a debt-to-equity ratio of 0.63.

Enersys (NYSE:ENS) last posted its earnings results on Wednesday, November 5th. The industrial products company reported $2.56 EPS for the quarter, topping the consensus estimate of $2.36 by $0.20. Enersys had a net margin of 9.05% and a return on equity of 22.48%. The company had revenue of $951.30 million during the quarter, compared to the consensus estimate of $890.27 million. During the same period in the previous year, the firm posted $2.12 earnings per share. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. Enersys has set its Q3 2026 guidance at 2.710-2.81 EPS. On average, analysts expect that Enersys will post 9.99 EPS for the current fiscal year.

Enersys Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Friday, December 12th were given a dividend of $0.2625 per share. This represents a $1.05 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Friday, December 12th. Enersys’s dividend payout ratio (DPR) is currently 12.28%.

Insider Buying and Selling at Enersys

In other news, insider Chad C. Uplinger sold 6,702 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $151.46, for a total value of $1,015,084.92. Following the sale, the insider owned 23,713 shares of the company’s stock, valued at $3,591,570.98. The trade was a 22.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.91% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Invesco Ltd. lifted its position in shares of Enersys by 5.9% during the third quarter. Invesco Ltd. now owns 1,158,838 shares of the industrial products company’s stock worth $130,902,000 after acquiring an additional 64,503 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Enersys by 2.4% during the 2nd quarter. Geode Capital Management LLC now owns 989,020 shares of the industrial products company’s stock valued at $84,838,000 after purchasing an additional 23,252 shares during the period. First Trust Advisors LP lifted its holdings in Enersys by 9.4% during the 3rd quarter. First Trust Advisors LP now owns 965,026 shares of the industrial products company’s stock worth $109,009,000 after purchasing an additional 82,944 shares in the last quarter. New South Capital Management Inc. boosted its stake in Enersys by 22.6% in the 3rd quarter. New South Capital Management Inc. now owns 857,600 shares of the industrial products company’s stock worth $96,874,000 after purchasing an additional 158,267 shares during the period. Finally, Boston Partners boosted its stake in Enersys by 4.7% in the 3rd quarter. Boston Partners now owns 680,174 shares of the industrial products company’s stock worth $76,973,000 after purchasing an additional 30,767 shares during the period. 94.93% of the stock is currently owned by hedge funds and other 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.