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

Enersys (NYSE:ENS) declared a quarterly dividend on Wednesday, May 20th. Shareholders of record on Friday, June 19th will be given a dividend of 0.2625 per share by the industrial products company on Thursday, July 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, June 18th.

Enersys has increased its dividend by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 2 years. Enersys has a payout ratio of 10.0% meaning its dividend is sufficiently covered by earnings. Analysts expect Enersys to earn $12.01 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 8.7%.

Enersys Price Performance

ENS stock opened at $213.83 on Thursday. The firm’s 50-day moving average price is $193.90 and its two-hundred day moving average price is $169.52. The stock has a market capitalization of $7.88 billion, a price-to-earnings ratio of 26.50, a PEG ratio of 1.21 and a beta of 1.17. The company has a current ratio of 2.75, a quick ratio of 1.72 and a debt-to-equity ratio of 0.61. Enersys has a 12-month low of $76.60 and a 12-month high of $239.69.

Enersys (NYSE:ENS) last announced its earnings results on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share for the quarter, beating analysts’ consensus estimates of $3.00 by $0.19. The firm had revenue of $987.94 million for the quarter, compared to analyst estimates of $973.84 million. Enersys had a net margin of 8.37% and a return on equity of 21.27%. The company’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.97 EPS. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. As a group, equities analysts predict that Enersys will post 10.35 earnings per share for the current year.

Institutional Investors Weigh In On Enersys

Several hedge funds have recently bought and sold shares of ENS. United Services Automobile Association bought a new stake in Enersys during the first quarter worth about $240,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Enersys by 9.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 113,770 shares of the industrial products company’s stock worth $10,419,000 after buying an additional 9,737 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in Enersys in the second quarter worth about $4,623,000. EverSource Wealth Advisors LLC raised its holdings in Enersys by 626.3% in the second quarter. EverSource Wealth Advisors LLC now owns 552 shares of the industrial products company’s stock worth $47,000 after buying an additional 476 shares during the last quarter. Finally, Cerity Partners LLC purchased a new position in Enersys in the second quarter worth about $460,000. 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.