Lingohr Asset Management GmbH decreased its position in shares of EnerSys (NYSE:ENS - Free Report) by 42.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,146 shares of the industrial products company's stock after selling 3,075 shares during the period. Lingohr Asset Management GmbH's holdings in EnerSys were worth $385,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Uncommon Cents Investing LLC increased its position in shares of EnerSys by 4.6% during the fourth quarter. Uncommon Cents Investing LLC now owns 3,400 shares of the industrial products company's stock worth $314,000 after acquiring an additional 150 shares during the last quarter. Carolina Wealth Advisors LLC increased its holdings in EnerSys by 2.6% during the 4th quarter. Carolina Wealth Advisors LLC now owns 6,648 shares of the industrial products company's stock worth $614,000 after purchasing an additional 169 shares during the last quarter. Aurora Investment Counsel raised its position in shares of EnerSys by 0.9% in the 4th quarter. Aurora Investment Counsel now owns 20,289 shares of the industrial products company's stock valued at $1,875,000 after purchasing an additional 173 shares in the last quarter. Quantinno Capital Management LP boosted its stake in shares of EnerSys by 6.5% during the 3rd quarter. Quantinno Capital Management LP now owns 3,010 shares of the industrial products company's stock valued at $307,000 after buying an additional 183 shares during the last quarter. Finally, Victory Capital Management Inc. grew its position in shares of 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 buying an additional 185 shares in the last quarter. Institutional investors and hedge funds own 94.93% of the company's stock.
EnerSys Stock Performance
EnerSys stock traded up $2.03 during mid-day trading on Monday, reaching $98.29. The company's stock had a trading volume of 319,056 shares, compared to its average volume of 261,580. The firm has a market cap of $3.88 billion, a price-to-earnings ratio of 12.16, a PEG ratio of 0.57 and a beta of 1.18. EnerSys has a twelve month low of $88.50 and a twelve month high of $112.53. The business has a 50 day moving average price of $98.58 and a 200-day moving average price of $97.69. The company has a current ratio of 3.06, a quick ratio of 2.00 and a debt-to-equity ratio of 0.69.
EnerSys (NYSE:ENS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $3.12 earnings per share for the quarter, beating analysts' consensus estimates of $2.27 by $0.85. EnerSys had a net margin of 9.23% and a return on equity of 20.78%. Sell-side analysts predict that EnerSys will post 9.99 EPS for the current fiscal year.
EnerSys Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be paid a dividend of $0.24 per share. The ex-dividend date is Friday, March 14th. This represents a $0.96 dividend on an annualized basis and a yield of 0.98%. EnerSys's payout ratio is currently 11.88%.
Wall Street Analyst Weigh In
ENS has been the topic of several recent analyst reports. Oppenheimer raised shares of EnerSys from a "market perform" rating to an "outperform" rating and set a $115.00 price target on the stock in a report on Friday, January 17th. StockNews.com upgraded shares of EnerSys from a "buy" rating to a "strong-buy" rating in a research note on Friday, December 6th. 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. According to data from MarketBeat.com, EnerSys currently has a consensus rating of "Buy" and a consensus target price of $117.50.
Check Out Our Latest Stock Analysis on EnerSys
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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