Barclays PLC lessened its stake in shares of EnerSys (NYSE:ENS - Free Report) by 21.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 144,991 shares of the industrial products company's stock after selling 39,119 shares during the period. Barclays PLC owned 0.37% of EnerSys worth $13,401,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently modified their holdings of the company. Headlands Technologies LLC boosted its holdings in EnerSys by 937.2% in the 4th quarter. Headlands Technologies LLC now owns 446 shares of the industrial products company's stock valued at $41,000 after purchasing an additional 403 shares during the last quarter. R Squared Ltd acquired a new stake in EnerSys during the fourth quarter worth $47,000. Covestor Ltd grew its holdings in shares of EnerSys by 32.4% during the 4th quarter. Covestor Ltd now owns 773 shares of the industrial products company's stock worth $71,000 after purchasing an additional 189 shares during the period. Proficio Capital Partners LLC purchased a new stake in EnerSys in the 4th quarter valued at about $105,000. Finally, Parkside Financial Bank & Trust lifted its position in EnerSys by 110.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,293 shares of the industrial products company's stock valued at $120,000 after buying an additional 678 shares during the last quarter. Institutional investors and hedge funds own 94.93% of the company's stock.
Analyst Upgrades and Downgrades
Separately, Oppenheimer raised shares of EnerSys from a "market perform" rating to an "outperform" rating and set a $115.00 price objective for the company in a research report on Friday, January 17th. One research analyst has rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, EnerSys has an average rating of "Buy" and an average target price of $117.50.
Read Our Latest Stock Analysis on ENS
EnerSys Stock Up 3.2 %
Shares of NYSE ENS traded up $2.70 during mid-day trading on Thursday, hitting $85.98. The company had a trading volume of 177,781 shares, compared to its average volume of 285,354. EnerSys has a 1-year low of $76.57 and a 1-year high of $112.53. The company has a market capitalization of $3.39 billion, a PE ratio of 10.64, a price-to-earnings-growth ratio of 0.57 and a beta of 1.15. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.06 and a quick ratio of 2.00. The business's 50-day simple moving average is $92.76 and its 200 day simple moving average is $95.44.
EnerSys (NYSE:ENS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $3.12 EPS for the quarter, topping analysts' consensus estimates of $2.27 by $0.85. EnerSys had a return on equity of 20.78% and a net margin of 9.23%. On average, analysts predict that EnerSys will post 9.99 earnings per share for the current year.
EnerSys Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 1.12%. The ex-dividend date was Friday, March 14th. EnerSys's dividend payout ratio (DPR) is presently 11.88%.
About EnerSys
(
Free Report)
EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) 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, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.
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