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, Inc. (NYSE: ENS) is described in its public communications as a global leader in stored energy solutions for industrial applications. The company designs, manufactures, and distributes energy systems solutions and motive power batteries, specialty batteries, battery chargers, power equipment, battery accessories, and outdoor equipment enclosure solutions for customers worldwide. Its news flow reflects both operational performance and corporate actions that are relevant to investors and industry observers.
EnerSys regularly issues press releases on its quarterly financial results, including first, second, and third quarter fiscal 2026 updates. These releases discuss net sales, earnings measures, and factors affecting performance across its Energy Systems, Motive Power, Specialty, and New Ventures lines of business. Earnings announcements are typically accompanied by conference call and webcast details for analysts and shareholders.
The company’s news also covers capital allocation decisions such as quarterly cash dividends and stock repurchase authorizations. For example, EnerSys has announced dividend declarations and increases, as well as a significant increase to its stock repurchase authorization to be executed over multiple years. These items are often referenced in both press releases and related Form 8-K filings.
Other EnerSys news items include workforce reduction and strategic organizational realignment plans intended to align resources with business priorities and long-term objectives, participation in investor conferences, and updates related to tax credits associated with U.S. battery production. Together, these announcements provide insight into how EnerSys manages its industrial stored energy business, finances its operations, and responds to market and policy conditions. The EnerSys news page aggregates these developments so readers can follow financial results, strategic initiatives, and governance-related disclosures over time.
EnerSys (NYSE: ENS) has declared a quarterly cash dividend of $0.175 per share, payable on March 25, 2022. Shareholders of record as of March 11, 2022 will receive this dividend. EnerSys specializes in stored energy solutions for industrial applications, including energy systems, motive power batteries, and specialty batteries for diverse sectors. The company maintains a strong market position following its acquisition of NorthStar, enhancing its offerings in premium Thin Plate Pure Lead batteries.
EnerSys (NYSE: ENS) reported record net sales of $844 million for Q3 FY 2022, a 12% increase year-over-year. The company's backlog reached an all-time high of $1.2 billion. However, supply chain disruptions slowed shipments, affecting earnings. Adjusted net earnings per diluted share were $1.01, slightly below the previous year's $1.27. Despite inflation impacts exceeding $30 million, aggressive pricing strategies have started to offset costs. The company anticipates continued demand growth and margin improvements in subsequent quarters.
EnerSys (NYSE: ENS) will host a conference call on February 10, 2022, at 9:00 a.m. ET to discuss its Q3 fiscal 2022 financial results. CEO David M. Shaffer and CFO Michael J. Schmidtlein will lead the call, including a Q&A session. Interested parties can access a live webcast on the company's website under 'Investor Relations.' A replay will be available from February 10 at 12:00 p.m. until March 12. EnerSys provides energy solutions globally, enhancing its position in the market with products like motive power batteries and specialty batteries.
EnerSys (NYSE:ENS) announced the integration of its ABSL™ Lithium-ion batteries into NASA's James Webb Space Telescope, launched on December 25, 2021. Selected by Northrop Grumman, EnerSys provided these batteries, ensuring stringent design and reliability critical for space missions. This collaboration marks nearly a decade of partnership, showcasing EnerSys' role in advancing space exploration.
The James Webb Space Telescope, the most powerful telescope ever built, aims to study cosmic history and will operate for the next decade.
EnerSys (NYSE: ENS) has joined the United Nations Global Compact (UNGC), marking a significant step in its sustainability strategy. With more than 14,000 companies globally in the UNGC, EnerSys pledges to support the Ten Principles concerning human rights, labor, environment, and anti-corruption. CEO David M. Shaffer emphasized the alignment of these principles with the company's core values, as EnerSys aims for a transition to a low-carbon energy future. The commitment involves annual progress reports to highlight sustainability efforts.
EnerSys (NYSE: ENS) has announced a new $100 million stock repurchase authorization with no expiration date, allowing repurchases in the open market or through negotiated transactions, dependent on market conditions. The buyback emphasizes the company's intention to return value to shareholders. Additionally, a quarterly cash dividend of $0.175 per share has been declared, payable on December 31, 2021, to shareholders of record as of December 17, 2021. This initiative reflects EnerSys' commitment to enhancing shareholder value.
EnerSys (NYSE: ENS) announced the upcoming retirement of CFO Michael J. Schmidtlein, effective March 31, 2022, after 26 years with the company. His contributions included leading segment reporting changes and strengthening financial infrastructure. Andrea J. Funk, currently VP of Finance for the Americas, will take over as CFO on April 1, 2022. Funk has extensive experience in various financial roles and played a key role in integrating the Alpha acquisition. The transition reflects EnerSys's long-term succession planning aims to maintain value for shareholders.
EnerSys (ENS) reported Q2 fiscal 2022 results, with net sales rising 12% YoY to $791M. The backlog exceeded $1B, driven by strong demand across all lines, although supply chain disruptions impacted earnings. Net earnings were $35.6M ($0.82/share), slightly down from $35.7M ($0.83/share) in Q2 FY21. Adjusted earnings per share were $1.01, missing guidance of $1.03-$1.13. Despite inflationary pressures, pricing initiatives began to take hold, particularly in Energy Systems. The company expects adjusted EPS of $0.96-$1.06 for Q3 FY22.
EnerSys (NYSE: ENS) has partnered with the U.S. Department of Energy's Better Plants program to enhance energy efficiency. The company aims for a 25% increase in energy productivity over ten years, aligning with the program's goals of improving resilience and economic potential for manufacturers. Participants have collectively saved over 1.9 quadrillion BTUs and $9.3 billion in energy costs. EnerSys's commitment underscores its leadership in efficiency and supports national manufacturing competitiveness.
EnerSys (NYSE: ENS) will host a conference call on November 11, 2021, at 9:00 a.m. ET, to discuss its Q2 fiscal 2022 financial results. The call will be led by David M. Shaffer (CEO) and Michael J. Schmidtlein (CFO), followed by a Q&A session. Investors can access the live webcast on the company's website. A replay will be available post-call until December 11, 2021. EnerSys is a leader in stored energy solutions, providing various battery and power system products for industrial applications globally.