Enersys (NYSE:ENS – Get Free Report) declared a quarterly dividend on Wednesday, May 20th. Shareholders of record on Friday, June 19th will be paid a dividend of 0.2625 per share by the industrial products company on Thursday, July 2nd. This represents a c) annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, June 18th.
Enersys has raised its dividend by an average of 0.1%annually 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 $14.84 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 7.1%.
Enersys Price Performance
Shares of ENS stock opened at $239.03 on Friday. The firm has a market cap of $8.81 billion, a P/E ratio of 31.00, a P/E/G ratio of 1.19 and a beta of 1.17. 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 has a 1-year low of $76.60 and a 1-year high of $244.30. The firm has a fifty day moving average of $195.45 and a two-hundred day moving average of $170.32.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. CIBC Private Wealth Group LLC lifted its position 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 worth $27,000 after buying an additional 98 shares during the last quarter. Los Angeles Capital Management LLC bought a new position in shares of Enersys in the 4th quarter worth about $30,000. SBI Securities Co. Ltd. lifted its position 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 worth $31,000 after buying an additional 151 shares during the last quarter. Root Financial Partners LLC bought a new position in shares of Enersys in the 3rd quarter worth about $25,000. Finally, Allworth Financial LP lifted its position 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 worth $28,000 after buying an additional 199 shares during the last quarter. 94.93% of the stock is currently owned by 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.
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