New York State Teachers Retirement System Has $3.25 Million Holdings in EnerSys (NYSE:ENS)

New York State Teachers Retirement System trimmed its holdings in shares of EnerSys (NYSE:ENSGet Rating) by 0.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 55,885 shares of the industrial products company’s stock after selling 400 shares during the quarter. New York State Teachers Retirement System owned about 0.14% of EnerSys worth $3,251,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. BNP Paribas Arbitrage SA increased its holdings in shares of EnerSys by 26.8% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 28,829 shares of the industrial products company’s stock valued at $1,700,000 after acquiring an additional 6,085 shares during the last quarter. Assetmark Inc. raised its position in shares of EnerSys by 139.3% in the second quarter. Assetmark Inc. now owns 615 shares of the industrial products company’s stock valued at $36,000 after purchasing an additional 358 shares during the period. Pinnacle Associates Ltd. lifted its stake in shares of EnerSys by 22.5% in the second quarter. Pinnacle Associates Ltd. now owns 4,900 shares of the industrial products company’s stock worth $289,000 after buying an additional 900 shares during the last quarter. Synovus Financial Corp boosted its holdings in shares of EnerSys by 2.3% during the 2nd quarter. Synovus Financial Corp now owns 6,484 shares of the industrial products company’s stock worth $374,000 after buying an additional 148 shares during the period. Finally, New England Research & Management Inc. acquired a new position in EnerSys in the 3rd quarter valued at $404,000. 95.66% of the stock is currently owned by institutional investors.

EnerSys Trading Up 1.0 %

Shares of ENS opened at $81.57 on Tuesday. The stock’s 50-day moving average price is $75.36 and its 200 day moving average price is $67.52. The company has a quick ratio of 1.71, a current ratio of 2.92 and a debt-to-equity ratio of 0.92. EnerSys has a 12-month low of $55.60 and a 12-month high of $82.06. The firm has a market capitalization of $3.33 billion, a price-to-earnings ratio of 26.23, a P/E/G ratio of 1.55 and a beta of 1.35.

EnerSys (NYSE:ENSGet Rating) last issued its earnings results on Wednesday, November 9th. The industrial products company reported $1.11 EPS for the quarter, beating analysts’ consensus estimates of $1.09 by $0.02. EnerSys had a return on equity of 12.72% and a net margin of 3.66%. The business had revenue of $899.40 million during the quarter, compared to analyst estimates of $889.95 million. As a group, research analysts predict that EnerSys will post 4.79 earnings per share for the current year.

EnerSys Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 30th. Investors of record on Friday, December 16th were given a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 0.86%. The ex-dividend date of this dividend was Thursday, December 15th. EnerSys’s dividend payout ratio (DPR) is presently 22.51%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. StockNews.com started coverage on EnerSys in a research note on Wednesday, October 12th. They issued a “buy” rating on the stock. BTIG Research increased their price objective on EnerSys to $85.00 in a research report on Wednesday, November 16th. Finally, TheStreet raised shares of EnerSys from a “c+” rating to a “b-” rating in a research report on Tuesday, November 22nd.

EnerSys Company 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.

Further Reading

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Institutional Ownership by Quarter for EnerSys (NYSE:ENS)

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