Enersys (NYSE:ENS) Now Covered by TD Cowen

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

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

Enersys Stock Up 2.6%

Shares of NYSE ENS opened at $168.37 on Thursday. The company has a market capitalization of $6.20 billion, a price-to-earnings ratio of 20.86, a price-to-earnings-growth ratio of 1.06 and a beta of 1.11. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.75 and a quick ratio of 1.72. The business has a 50-day moving average of $170.63 and a two-hundred day moving average of $143.44. Enersys has a 1 year low of $76.57 and a 1 year high of $194.77.

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

Enersys Dividend Announcement

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

Hedge Funds Weigh In On Enersys

A number of large investors have recently bought and sold shares of the company. Root Financial Partners LLC purchased a new stake in shares of Enersys in the third quarter valued at about $25,000. CIBC Private Wealth Group LLC raised its holdings in Enersys by 116.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 98 shares in the last quarter. Allworth Financial LP raised its holdings 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 in the last quarter. Los Angeles Capital Management LLC acquired a new stake in Enersys in the fourth quarter valued at about $30,000. Finally, SBI Securities Co. Ltd. boosted its holdings in Enersys by 239.7% in the 4th quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 151 shares in the last quarter. Hedge funds and other institutional investors own 94.93% of the company’s stock.

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.