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 (ENS) delivers innovative energy storage solutions for industrial applications worldwide, specializing in motive power systems, specialty batteries, and integrated power infrastructure. This news hub provides investors and industry professionals with timely updates on corporate developments shaping the energy storage sector.
Access authoritative reporting on earnings announcements, product innovations, and strategic initiatives. Our curated collection features official press releases alongside analyzed news coverage, offering a complete view of ENS's market position and operational milestones.
Key content categories include quarterly financial results, technology advancements in DC power systems, partnership announcements, and leadership updates. All materials maintain strict editorial standards for accuracy and relevance to investor decision-making.
Bookmark this page for streamlined access to verified EnerSys developments. Combine regular monitoring with our historical archive to track performance trends and strategic direction in the evolving energy storage landscape.
EnerSys (NYSE: ENS) has been named to Newsweek's 'America's Most Responsible Companies 2025' list, marking its third consecutive year of recognition. The company, which specializes in stored energy solutions for industrial applications, has demonstrated significant progress by advancing 185 positions over the past two years.
The ranking evaluates the top 2,000 U.S. public companies based on environmental, social, and corporate governance (ESG) performance, considering over 30 key indicators including energy usage, charitable contributions, and board diversity. The assessment also incorporated feedback from more than 26,000 U.S. consumers.
CEO David M. Shaffer emphasized the company's integration of sustainable practices across operations while supporting the global energy transition. EnerSys continues to focus on reducing its environmental footprint, promoting workplace diversity and inclusion, and maintaining high corporate governance standards while driving innovation in energy storage solutions.
EnerSys (NYSE: ENS) has announced increased benefits from the Advanced Manufacturing Production Credit under IRA Section 45X. The company expects incremental benefits of $3-4 million per quarter and will record a one-time adjustment of $30-35 million in Q3 FY2025 for retroactive benefits since Q4 FY2023.
As a result, EnerSys has raised its guidance for Q3 FY2025 adjusted diluted EPS from $2.20-2.30 to $3.00-3.10, and full-year FY2025 adjusted diluted EPS from $8.75-9.05 to $9.65-9.95. The company now expects annual tax credits of $135-175 million, up from the previous estimate of $120-160 million, continuing through December 2032.
EnerSys (NYSE: ENS) has been awarded the prestigious German ESG Transparency Award, recognizing its excellence in environmental, social, and governance reporting transparency. The company, a global leader in stored energy solutions for industrial applications, has demonstrated significant achievements in sustainability, including:
- A 25% reduction in Scope 1 emissions since 2019
- A 15% improvement in energy intensity since 2020
- Publication of comprehensive Scope 3 emissions data
According to Shawn O'Connell, President and COO, this recognition validates EnerSys' commitment to 'Powering the Future, Everywhere for Everyone' and their dedication to maintaining high ESG standards. The company's 2023 Sustainability Report aligns with European Sustainability Reporting Standards (ESRS), highlighting their continued focus on innovation, decarbonization, renewable energy adoption, and resource efficiency.
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.
