WINTON GROUP Ltd lifted its stake in EnerSys (NYSE:ENS) by 19.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 135,319 shares of the industrial products company’s stock after purchasing an additional 21,841 shares during the period. WINTON GROUP Ltd owned 0.32% of EnerSys worth $10,502,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of ENS. First Hawaiian Bank acquired a new stake in EnerSys during the 3rd quarter worth $175,000. Hartford Investment Management Co. bought a new position in shares of EnerSys during the third quarter worth $209,000. Parametrica Management Ltd bought a new position in shares of EnerSys during the third quarter worth $210,000. Jane Street Group LLC bought a new position in shares of EnerSys during the third quarter worth $239,000. Finally, Tower Research Capital LLC TRC boosted its position in shares of EnerSys by 276.0% during the third quarter. Tower Research Capital LLC TRC now owns 3,869 shares of the industrial products company’s stock worth $337,000 after purchasing an additional 2,840 shares in the last quarter. 97.64% of the stock is owned by institutional investors and hedge funds.
A number of brokerages have recently weighed in on ENS. Oppenheimer reissued a “buy” rating on shares of EnerSys in a research report on Tuesday, October 30th. ValuEngine cut shares of EnerSys from a “buy” rating to a “hold” rating in a research report on Tuesday, October 23rd. William Blair raised shares of EnerSys from a “market perform” rating to an “outperform” rating and set a $71.77 price target on the stock in a research report on Thursday, December 20th. Sidoti set a $106.00 price target on shares of EnerSys and gave the stock a “buy” rating in a research report on Tuesday, October 30th. Finally, Zacks Investment Research cut shares of EnerSys from a “buy” rating to a “hold” rating in a research report on Tuesday. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $93.55.
In related news, insider Todd M. Sechrist sold 24,039 shares of the business’s stock in a transaction on Tuesday, February 12th. The shares were sold at an average price of $70.58, for a total value of $1,696,672.62. Following the sale, the insider now directly owns 41,244 shares of the company’s stock, valued at approximately $2,911,001.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.50% of the company’s stock.
Shares of NYSE ENS opened at $76.83 on Friday. The firm has a market cap of $3.31 billion, a PE ratio of 16.52, a PEG ratio of 1.51 and a beta of 1.39. EnerSys has a twelve month low of $65.93 and a twelve month high of $89.83. The company has a current ratio of 2.91, a quick ratio of 2.00 and a debt-to-equity ratio of 0.83.
EnerSys (NYSE:ENS) last posted its quarterly earnings data on Wednesday, February 6th. The industrial products company reported $1.17 EPS for the quarter, missing the consensus estimate of $1.24 by ($0.07). The company had revenue of $680.00 million during the quarter, compared to the consensus estimate of $685.80 million. EnerSys had a net margin of 7.26% and a return on equity of 16.55%. The company’s revenue was up 3.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.25 earnings per share. As a group, equities analysts anticipate that EnerSys will post 4.93 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Friday, March 15th will be given a $0.175 dividend. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $0.70 annualized dividend and a yield of 0.91%. EnerSys’s dividend payout ratio is currently 15.05%.
EnerSys Company Profile
EnerSys manufactures, markets, and distributes industrial batteries. The company offers battery chargers, power equipment, battery accessories, and outdoor cabinet enclosures, as well as related after-market and customer-support services for industrial batteries. It also provides reserve power products that are used for backup power for the continuous operation of critical applications in telecommunications systems, uninterruptible power systems applications for computer and computer-controlled systems, and other specialty power applications, including medical and security systems, premium starting, lighting, and ignition applications, as well as in switchgear, electrical control systems used in electric utilities, large-scale energy storage, energy pipelines, commercial aircraft, satellites, military aircraft, submarines, ships, and tactical vehicles.
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