Enersys (NYSE:ENS) Sets New 52-Week High – Should You Buy?

Enersys (NYSE:ENS) shares hit a new 52-week high on Tuesday . The company traded as high as $202.74 and last traded at $200.4840, with a volume of 56083 shares traded. The stock had previously closed at $199.91.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on ENS shares. Zacks Research lowered shares of 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 research 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. BTIG Research raised their target price 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. Finally, TD Cowen started coverage on shares of Enersys in a research report on Thursday, March 19th. They set a “buy” rating and a $190.00 target price on the stock. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $180.25.

Enersys Stock Performance

The stock’s 50-day moving average is $175.56 and its 200-day moving average is $156.34. The stock has a market cap of $7.66 billion, a price-to-earnings ratio of 25.74, a price-to-earnings-growth ratio of 1.10 and a beta of 1.07. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.75 and a quick ratio of 1.72.

Enersys (NYSE:ENS) last announced its earnings results on Wednesday, February 4th. The industrial products company reported $2.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.73 by $0.04. The firm had revenue of $919.10 million for the quarter, compared to analyst estimates of $932.13 million. Enersys had a net margin of 8.37% and a return on equity of 21.27%. Enersys’s revenue was up 1.4% compared to the same quarter last year. During the same quarter last year, the business earned $3.12 earnings per share. Enersys has set its Q4 2026 guidance at 2.950-3.050 EPS. Analysts anticipate that Enersys will post 10.35 EPS for the current fiscal year.

Enersys Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 13th were issued a $0.2625 dividend. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Friday, March 13th. Enersys’s dividend payout ratio (DPR) is 13.01%.

Hedge Funds Weigh In On Enersys

A number of hedge funds have recently made changes to their positions in ENS. Root Financial Partners LLC acquired a new position in shares of Enersys in the 3rd quarter valued at $25,000. CIBC Private Wealth Group LLC boosted its holdings in shares of Enersys by 116.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 98 shares during the last quarter. Allworth Financial LP boosted its holdings in shares of Enersys by 442.2% in the 3rd quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 199 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Enersys in the 4th quarter valued at $30,000. Finally, SBI Securities Co. Ltd. boosted its holdings in shares of 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 during the last quarter. Institutional investors and hedge funds 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.