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 appointed Keith Fisher as President, Energy Systems Global, effective January 2, 2025. Fisher will succeed Shawn O'Connell, who was recently promoted to President and Chief Operating Officer.
Fisher brings 27 years of experience and a proven track record in operational and financial excellence. He previously served as President of Honeywell Intelligrated, where he achieved significant growth in services and margin expansion. At Honeywell Building Technologies Global Services, he led global service modernization initiatives that increased revenue and operating income through digitization and standardized processes.
In his new role, Fisher will leverage his experience managing 42 international sites and executing complex global strategies in multi-billion-dollar businesses to drive growth across EnerSys' Energy Systems line of business.
EnerSys (NYSE: ENS), a global leader in stored energy solutions for industrial applications, announced that VP & Treasurer Dan Platt will present at the BofA Securities Leveraged Finance Conference in Boca Raton, Florida on December 3rd at 11:30 a.m. ET. The presentation will be accessible via live video webcast and archived replay through both the BofA webcast platform and the EnerSys investor relations website.
EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, has announced a quarterly cash dividend of $0.24 per share of common stock. The dividend will be payable on December 27, 2024, to shareholders of record as of December 13, 2024.
EnerSys (ENS) reported Q2 fiscal 2025 results with net sales of $883.7M, down 1.9% year-over-year. The company achieved a gross margin of 28.5%, up 190 basis points, and delivered diluted EPS of $2.01, up 29%. Adjusted diluted EPS was $2.12, increasing 15%. Motive Power segment showed strength while Communications and Class 8 Transportation faced pressure. The company was selected for a $199M Department of Energy award negotiation for its planned lithium-ion cell facility. EnerSys updated its FY2025 guidance, projecting net sales of $3,675M to $3,765M and adjusted EPS of $8.75 to $9.05.
EnerSys (NYSE: ENS) announced that CEO David Shaffer will retire in May 2025, with Shawn O'Connell named as successor. O'Connell, currently President of Energy Systems Global, has been appointed President and Chief Operating Officer effective immediately. Under Shaffer's eight-year tenure as CEO, EnerSys transformed from a traditional lead-acid battery company into a global energy systems solutions leader, growing revenue by ~35%. O'Connell, who joined EnerSys in 2011, has demonstrated significant achievements, including reducing annual costs by nearly $50 million in Energy Systems Global and delivering 20% operating earnings growth with 210 bps margin expansion as President of Motive Power.
EnerSys (NYSE: ENS) announced the successful launch of its ABSL™ lithium-ion space battery aboard NASA's Europa Clipper spacecraft on October 14, 2024. The spacecraft, launched via SpaceX Falcon Heavy Rocket, will explore Jupiter's moon Europa through approximately 50 flybys to investigate its potential for supporting life. The ABSL™ battery system consists of three 8s72p modules connected in parallel, delivering over 540 ampere-hours of capacity through a 28-volt system. The battery was specially designed to minimize magnetic interference and will power both flight operations and scientific instrumentation. EnerSys' ABSL™ technology has been implemented in over 300 spacecraft and launch vehicles.
EnerSys (NYSE: ENS), a global leader in stored energy solutions, has been recognized in two prestigious rankings: TIME World's Best Companies 2024 and Forbes Best Employers for New Grads 2024. The TIME ranking evaluated companies across three dimensions: employee satisfaction, revenue growth, and sustainability. The Forbes list was compiled by surveying over 100,000 young professionals with less than 10 years of work experience.
The TIME World's Best Companies 2024 ranking considered factors such as employee surveys, revenue growth of at least $100 million in 2023, and ESG data. The Forbes Best Employers for New Grads 2024 list assessed factors including compensation, benefits, advancement opportunities, working conditions, flexibility, company image, and inclusion.
Shannon Thomas, Chief Human Resources Officer of EnerSys, expressed pride in these recognitions, stating that they underscore the company's dedication to creating a positive workplace, encouraging sustainable growth, and prioritizing employee development and well-being.
EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, has announced the release date for its second quarter fiscal 2025 financial results. The company will disclose its financial performance for the period ended September 29, 2024, after the market closes on Wednesday, November 6, 2024.
A press release and slide presentation will be made available in the Investor Relations section of the EnerSys website. Following the release, EnerSys will host a conference call on Thursday, November 7, 2024, at 9:00 AM (ET) to review the results. Interested parties can access the live broadcast and replay of the call through a webcast registration link or the company's Investor Relations webpage. For those joining by phone, registration is required to receive a dial-in number and unique PIN.
EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, has announced a Technology Talk webcast scheduled for Monday, September 30, 2024, at 10:30 a.m. ET. The event will focus on providing detailed information about the company's lithium-ion battery cell gigafactory development plans and lithium-ion battery technology roadmap.
Interested parties can access the live video webcast and archived replay at https://enersys-tech-talk-lithium-cell-factory-update-2024.open-exchange.net/. Additionally, the webcast and replay will be available on the Events and Presentations page of the Investor Relations section of the EnerSys website at https://investor.enersys.com/events-presentations.
EnerSys (NYSE: ENS) has been selected to negotiate a $199 million award from the U.S. Department of Energy to support the development of a lithium-ion cell production facility in Greenville, SC. The company plans to invest approximately $615 million to construct and commission the plant over the next four years, with an additional $50 million for a specialized production line for the US Department of Defense.
The 500,000 square foot state-of-the-art manufacturing facility has the potential to create up to 500 new jobs and will have an initial production capacity of 5 gigawatt hours (GWh) per year. EnerSys intends to use federal, state, and local funding, along with tax benefits from the Inflation Reduction Act, to support the capital requirements of the gigafactory.
Construction is expected to begin in 2025, with commercial production operations starting in 2028. EnerSys will host a "Technology Talk" webcast on September 30, 2024, to provide more details about its gigafactory development plans and lithium-ion technology roadmap.