Teacher Retirement System of Texas lowered its position in EnerSys (NYSE:ENS - Free Report) by 22.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 104,564 shares of the industrial products company's stock after selling 31,104 shares during the quarter. Teacher Retirement System of Texas owned about 0.27% of EnerSys worth $9,665,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of ENS. Uncommon Cents Investing LLC boosted its holdings in EnerSys by 4.6% in the 4th quarter. Uncommon Cents Investing LLC now owns 3,400 shares of the industrial products company's stock valued at $314,000 after purchasing an additional 150 shares during the last quarter. Carolina Wealth Advisors LLC lifted its holdings in EnerSys by 2.6% in the fourth quarter. Carolina Wealth Advisors LLC now owns 6,648 shares of the industrial products company's stock valued at $614,000 after acquiring an additional 169 shares during the last quarter. Aurora Investment Counsel grew its position in EnerSys by 0.9% in the fourth quarter. Aurora Investment Counsel now owns 20,289 shares of the industrial products company's stock worth $1,875,000 after acquiring an additional 173 shares during the period. Quantinno Capital Management LP increased its stake in EnerSys by 6.5% during the third quarter. Quantinno Capital Management LP now owns 3,010 shares of the industrial products company's stock worth $307,000 after acquiring an additional 183 shares during the last quarter. Finally, Victory Capital Management Inc. increased its stake in EnerSys by 1.5% during the third quarter. Victory Capital Management Inc. now owns 12,932 shares of the industrial products company's stock worth $1,320,000 after acquiring an additional 185 shares during the last quarter. 94.93% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on ENS. Oppenheimer upgraded EnerSys from a "market perform" rating to an "outperform" rating and set a $115.00 price target for the company in a report on Friday, January 17th. StockNews.com raised shares of EnerSys from a "buy" rating to a "strong-buy" rating in a research note on Friday, December 6th. One equities research analyst has rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $117.50.
Check Out Our Latest Stock Analysis on EnerSys
EnerSys Trading Down 1.2 %
ENS traded down $1.18 during mid-day trading on Wednesday, hitting $96.39. 209,911 shares of the stock were exchanged, compared to its average volume of 336,072. The company has a market cap of $3.80 billion, a PE ratio of 11.93, a PEG ratio of 0.57 and a beta of 1.18. The company has a current ratio of 3.06, a quick ratio of 2.00 and a debt-to-equity ratio of 0.69. The firm's fifty day moving average is $98.68 and its two-hundred day moving average is $97.70. EnerSys has a 1-year low of $88.50 and a 1-year high of $112.53.
EnerSys (NYSE:ENS - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $3.12 EPS for the quarter, beating the consensus estimate of $2.27 by $0.85. EnerSys had a net margin of 9.23% and a return on equity of 20.78%. Equities analysts forecast that EnerSys will post 9.99 earnings per share for the current fiscal year.
EnerSys Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 1.00%. The ex-dividend date is Friday, March 14th. EnerSys's payout ratio is currently 11.88%.
EnerSys Company Profile
(
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.
Further Reading
Before you consider EnerSys, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and EnerSys wasn't on the list.
While EnerSys currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
