Welcome to our dedicated page for EnerSys news (Ticker: ENS), a resource for investors and traders seeking the latest updates and insights on EnerSys stock.
EnerSys (NYSE: ENS) manufactures industrial batteries and stored energy solutions that power everything from warehouse forklifts to data center backup systems. As one of the largest players in the industrial battery sector, the company's news flow reflects developments in energy storage technology, manufacturing operations, and the broader industrial economy.
EnerSys news typically covers quarterly earnings releases that break down performance across the company's three main segments: motive power batteries for material handling equipment, reserve power systems for critical infrastructure, and specialty batteries for aerospace and defense applications. Each segment responds to different market forces, making earnings announcements particularly informative for understanding industrial demand trends.
Manufacturing and operational updates form another significant news category. With production facilities across multiple continents, the company regularly announces capacity expansions, technology investments, and supply chain developments. News about lithium-ion battery production capacity is increasingly relevant as EnerSys expands beyond its traditional lead-acid product base.
Capital allocation decisions including dividends, share repurchases, and acquisitions also generate regular coverage. The company's approach to returning capital to shareholders while investing in growth opportunities provides insight into management's view of market conditions and future prospects. Bookmark this page to follow EnerSys developments as the industrial energy storage market evolves.
EnerSys has appointed Rudolph (Rudy) Wynter as a Class I director, effective immediately. Wynter brings over 30 years of experience from National Grid, where he held various senior roles focusing on regulated energy delivery and clean energy technologies. His expertise in grid resilience is expected to add significant value to EnerSys' leadership team. The company's executives expressed optimism about Wynter's contributions to their board, which aligns with their succession planning and overall strategy for growth.
EnerSys (NYSE: ENS) announced it will release its Q1 fiscal 2023 financial results for the period ending July 3, 2022 on August 10, 2022, after market close. The details will be published on the company’s Investor Relations webpage, with a follow-up conference call scheduled for 9:00 AM (ET) on August 11 to discuss results. EnerSys, a leader in stored energy solutions for industrial applications, provides a range of energy systems and specialty batteries globally. For further information, stakeholders can visit www.enersys.com.
EnerSys (NYSE: ENS) has announced a Tech Talk scheduled for June 23, 2022, at 2:00 p.m. ET, hosted by Joern Tinnemeyer, Senior VP and CTO. This event will focus on the company's evolution from traditional lead batteries to integrated solutions in energy storage, power electronics, and software. The virtual event can be accessed live or via replay on their Investor Relations website. EnerSys is recognized as a leader in stored energy solutions for industrial applications, servicing customers worldwide through various products including motive power batteries and energy systems.
EnerSys (NYSE: ENS) reported a historic fourth quarter in fiscal 2022 with net sales of $907 million, an 11.5% year-over-year increase. The backlog rose to $1.3 billion, driven by strong demand across all segments. Despite macroeconomic challenges, adjusted diluted EPS was $1.20, slightly below the previous year's $1.30. Annual net sales reached $3.36 billion, a 12.7% increase. The company returned $186 million to shareholders through buybacks and dividends. Looking forward, challenges like inflation and supply chain issues are expected to persist.
EnerSys (NYSE: ENS) announced a quarterly cash dividend of $0.175 per share, set to be paid on June 30, 2022, to shareholders recorded by June 16, 2022. The company is recognized as a leader in stored energy solutions for industrial applications, including energy systems and motive power batteries used across various sectors such as telecommunications and automotive. This dividend declaration emphasizes EnerSys' commitment to returning capital to its shareholders.
EnerSys reported record fourth-quarter net sales of $907 million, marking an 11.5% year-over-year increase. Full-year sales reached $3.36 billion, a 12.7% growth. However, yearly earnings per share declined to $3.36 from $3.32, while adjusted EPS fell to $4.47 from $4.49. Despite robust backlog growth to $1.3 billion, earnings were impacted by inflation and supply chain issues, with approximately $3 per share pressure. The company returned $186 million to shareholders through buybacks and dividends.
EnerSys (NYSE: ENS) will announce its fourth quarter and full year fiscal 2022 financial results on May 25, 2022, after market close. The results will cover the period ending March 31, 2022. A conference call is scheduled for 9:00 AM (ET) on May 26, 2022 to discuss these results. Investors can access the release and accompanying materials on the Investor Relations section of EnerSys' website. The company provides energy solutions, including motive power batteries and energy systems for various industries worldwide.
EnerSys (NYSE: ENS) will participate in a fireside chat at the Oppenheimer 17th Annual Industrial Growth Conference on May 3, 2022. The event will be held virtually, starting at 11:15 a.m. ET. This chat will be led by David M. Shaffer, the President and CEO of EnerSys, and will be available for live streaming and replay on their investor relations website. EnerSys is a leader in stored energy solutions, serving various industrial applications globally.
EnerSys (NYSE: ENS) has announced a new stock repurchase authorization of $150 million with no expiration, increasing its total repurchase authorization to $181 million. The company has repurchased $159 million so far in fiscal year 2022, and an additional $30 million will be available from April 1, 2022, as part of its ongoing buyback strategy. This initiative is aimed at offsetting dilution from equity awards. CEO David M. Shaffer emphasized the company’s strong financial position and commitment to enhancing long-term shareholder value.