Earnest Partners LLC lowered its stake in Enersys (NYSE:ENS – Free Report) by 5.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,036,621 shares of the industrial products company’s stock after selling 56,432 shares during the period. Earnest Partners LLC’s holdings in Enersys were worth $117,097,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently modified their holdings of the company. United Services Automobile Association acquired a new position in shares of Enersys in the 1st quarter worth $240,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Enersys by 9.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 113,770 shares of the industrial products company’s stock valued at $10,419,000 after purchasing an additional 9,737 shares during the period. Vise Technologies Inc. acquired a new position in shares of Enersys in the 2nd quarter valued at $225,000. Jupiter Asset Management Ltd. purchased a new position in Enersys in the 2nd quarter worth about $362,000. Finally, Geode Capital Management LLC raised its holdings in Enersys by 2.4% during the 2nd quarter. Geode Capital Management LLC now owns 989,020 shares of the industrial products company’s stock worth $84,838,000 after buying an additional 23,252 shares during the period. Institutional investors and hedge funds own 94.93% of the company’s stock.
Enersys Price Performance
NYSE ENS opened at $161.15 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.75 and a quick ratio of 1.72. The firm has a market capitalization of $5.94 billion, a price-to-earnings ratio of 19.97, a price-to-earnings-growth ratio of 1.04 and a beta of 1.11. The company has a 50 day simple moving average of $169.94 and a 200-day simple moving average of $141.99. Enersys has a 52-week low of $76.57 and a 52-week high of $194.77.
Enersys Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 13th will be issued a dividend of $0.2625 per share. This represents a $1.05 annualized dividend and a yield of 0.7%. The ex-dividend date is Friday, March 13th. Enersys’s dividend payout ratio (DPR) is 13.01%.
Wall Street Analyst Weigh In
Several brokerages have commented on ENS. Roth Mkm reiterated a “buy” rating and issued a $208.00 target price (up from $164.00) on shares of Enersys in a report on Tuesday, February 3rd. BTIG Research upped their price target on shares of Enersys from $175.00 to $185.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Zacks Research lowered shares of Enersys from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of Enersys in a research report on Tuesday, January 27th. Finally, Wall Street Zen lowered Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 31st. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $177.00.
Read Our Latest Stock Analysis on ENS
Enersys Profile
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.
Read More
- Five stocks we like better than Enersys
- The gold chart Wall Street is terrified of…
- Elon Musk already made me a “wealthy man”
- Silver paying 20% dividend. Plus 68% share gains
- Unlocked: Elon Musk’s Next Big IPO
- A personal warning from Martin Weiss (Please read)
Want to see what other hedge funds are holding ENS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Enersys (NYSE:ENS – Free Report).
Receive News & Ratings for Enersys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enersys and related companies with MarketBeat.com's FREE daily email newsletter.
