CWA Asset Management Group LLC purchased a new position in shares of Enersys (NYSE:ENS – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,582 shares of the industrial products company’s stock, valued at approximately $1,700,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ENS. Cardinal Capital Management acquired a new stake in shares of Enersys during the 3rd quarter valued at about $1,311,000. SG Americas Securities LLC lifted its stake in Enersys by 279.0% in the third quarter. SG Americas Securities LLC now owns 14,351 shares of the industrial products company’s stock valued at $1,621,000 after acquiring an additional 10,564 shares during the last quarter. AXQ Capital LP bought a new stake in Enersys in the third quarter worth approximately $657,000. First Trust Advisors LP increased its stake in shares of Enersys by 9.4% during the 3rd quarter. First Trust Advisors LP now owns 965,026 shares of the industrial products company’s stock worth $109,009,000 after purchasing an additional 82,944 shares during the last quarter. Finally, ABLE Financial Group LLC raised its holdings in shares of Enersys by 16.8% during the 3rd quarter. ABLE Financial Group LLC now owns 24,626 shares of the industrial products company’s stock valued at $2,782,000 after purchasing an additional 3,546 shares in the last quarter. 94.93% of the stock is owned by hedge funds and other institutional investors.
Enersys Stock Performance
Shares of ENS opened at $165.23 on Monday. The company has a market capitalization of $6.09 billion, a PE ratio of 20.47, a price-to-earnings-growth ratio of 1.07 and a beta of 1.11. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.75 and a quick ratio of 1.72. Enersys has a one year low of $76.57 and a one year high of $194.77. The company’s fifty day moving average price is $170.76 and its 200 day moving average price is $144.47.
Enersys Announces Dividend
The firm 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 $0.2625 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a $1.05 dividend on an annualized basis and a yield of 0.6%. Enersys’s dividend payout ratio (DPR) is 13.01%.
Analyst Ratings Changes
A number of brokerages recently issued reports on ENS. Zacks Research cut shares of Enersys from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Wall Street Zen lowered Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 31st. Roth Mkm reaffirmed a “buy” rating and issued a $208.00 price target (up from $164.00) on shares of Enersys in a research report on Tuesday, February 3rd. BTIG Research upped their price target on Enersys from $175.00 to $185.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Enersys in a report on Tuesday, January 27th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Enersys currently has an average rating of “Moderate Buy” and an average price target of $180.25.
Get Our Latest Stock Report on Enersys
About Enersys
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.
Featured Articles
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.
