Hillsdale Investment Management Inc. lifted its stake in shares of Enersys (NYSE:ENS – Free Report) by 39.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 57,070 shares of the industrial products company’s stock after buying an additional 16,200 shares during the quarter. Hillsdale Investment Management Inc. owned about 0.15% of Enersys worth $4,895,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently modified their holdings of ENS. CWM LLC grew its holdings in Enersys by 77.4% in the first quarter. CWM LLC now owns 1,527 shares of the industrial products company’s stock worth $140,000 after purchasing an additional 666 shares during the period. Victory Capital Management Inc. boosted its position in shares of Enersys by 1.0% during the 1st quarter. Victory Capital Management Inc. now owns 13,463 shares of the industrial products company’s stock worth $1,233,000 after purchasing an additional 135 shares in the last quarter. Allianz Asset Management GmbH boosted its position in shares of Enersys by 17.6% during the 1st quarter. Allianz Asset Management GmbH now owns 122,759 shares of the industrial products company’s stock worth $11,242,000 after purchasing an additional 18,337 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Enersys in the 1st quarter valued at about $1,179,000. Finally, Pinnacle Associates Ltd. increased its position in Enersys by 7.0% in the 1st quarter. Pinnacle Associates Ltd. now owns 16,720 shares of the industrial products company’s stock valued at $1,531,000 after buying an additional 1,090 shares in the last quarter. Institutional investors and hedge funds own 94.93% of the company’s stock.
Enersys Stock Up 3.9%
ENS stock opened at $138.17 on Friday. The stock has a market cap of $5.10 billion, a P/E ratio of 15.77, a P/E/G ratio of 0.71 and a beta of 1.13. The company has a current ratio of 3.00, a quick ratio of 1.91 and a debt-to-equity ratio of 0.68. The stock’s fifty day simple moving average is $121.28 and its two-hundred day simple moving average is $102.50. Enersys has a 1-year low of $76.57 and a 1-year high of $141.81.
Enersys Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Friday, December 12th will be given a dividend of $0.2625 per share. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, December 12th. Enersys’s dividend payout ratio is currently 12.28%.
Analyst Upgrades and Downgrades
A number of brokerages have commented on ENS. Roth Capital reissued a “buy” rating and issued a $120.00 price objective on shares of Enersys in a research note on Tuesday, August 5th. Zacks Research upgraded Enersys from a “hold” rating to a “strong-buy” rating in a report on Monday, November 10th. Wall Street Zen raised shares of Enersys from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 8th. Weiss Ratings restated a “buy (b)” rating on shares of Enersys in a report on Thursday, October 30th. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of Enersys in a research report on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $126.00.
Get Our Latest Research Report on Enersys
Enersys Profile
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.
See Also
- Five stocks we like better than Enersys
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- MarketBeat Week in Review – 11/17 – 11/21
- The 3 Best Blue-Chip Stocks to Buy Now
- A Magnificent AI Bet? Stanley Druckenmiller’s Latest Tech Moves
- ETF Screener: Uses and Step-by-Step Guide
- 12 Analysts Just Raised CrowdStrike Targets—Here’s What They See Coming
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.
