EnerSys (NYSE:ENS) Shares Sold by Wedge Capital Management L L P NC

Wedge Capital Management L L P NC decreased its position in EnerSys (NYSE:ENSGet Rating) by 2.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 216,197 shares of the industrial products company’s stock after selling 5,512 shares during the period. Wedge Capital Management L L P NC owned about 0.53% of EnerSys worth $12,747,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ENS. Teacher Retirement System of Texas grew its holdings in EnerSys by 19.1% in the fourth quarter. Teacher Retirement System of Texas now owns 8,196 shares of the industrial products company’s stock valued at $648,000 after purchasing an additional 1,314 shares during the last quarter. Citigroup Inc. grew its holdings in EnerSys by 37.7% in the fourth quarter. Citigroup Inc. now owns 30,596 shares of the industrial products company’s stock valued at $2,419,000 after purchasing an additional 8,370 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of EnerSys by 2.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 445,047 shares of the industrial products company’s stock valued at $35,186,000 after acquiring an additional 10,769 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of EnerSys by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 753,718 shares of the industrial products company’s stock valued at $59,588,000 after acquiring an additional 8,842 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in shares of EnerSys by 2.0% during the fourth quarter. Invesco Ltd. now owns 615,539 shares of the industrial products company’s stock valued at $48,664,000 after acquiring an additional 11,892 shares during the last quarter. Institutional investors and hedge funds own 95.62% of the company’s stock.

EnerSys Stock Up 2.0 %

Shares of NYSE:ENS opened at $63.57 on Tuesday. The stock’s 50-day moving average price is $64.76 and its two-hundred day moving average price is $66.38. The company has a current ratio of 3.07, a quick ratio of 1.88 and a debt-to-equity ratio of 0.96. EnerSys has a 12-month low of $55.60 and a 12-month high of $86.82. The firm has a market cap of $2.58 billion, a price-to-earnings ratio of 20.57, a PEG ratio of 1.31 and a beta of 1.39.

EnerSys Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Friday, September 16th will be paid a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date of this dividend is Thursday, September 15th. EnerSys’s payout ratio is 22.65%.

Wall Street Analyst Weigh In

ENS has been the topic of a number of analyst reports. William Blair reaffirmed an “outperform” rating on shares of EnerSys in a research note on Monday, August 15th. StockNews.com raised EnerSys from a “hold” rating to a “buy” rating in a research note on Friday, September 9th. Finally, Oppenheimer decreased their price objective on EnerSys from $88.00 to $80.00 and set an “outperform” rating on the stock in a research note on Friday, May 27th.

EnerSys Profile

(Get Rating)

EnerSys provides various stored energy solutions for industrial applications worldwide. It operates in three segments: Energy Systems, Motive Power, and Specialty. The company offers uninterruptible power systems applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, renewable, and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.

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Institutional Ownership by Quarter for EnerSys (NYSE:ENS)

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