SG Americas Securities LLC increased its stake in Enersys (NYSE:ENS – Free Report) by 436.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 56,016 shares of the industrial products company’s stock after buying an additional 45,579 shares during the quarter. SG Americas Securities LLC’s holdings in Enersys were worth $9,731,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. First Trust Advisors LP boosted its position in shares of Enersys by 9.4% during the third quarter. First Trust Advisors LP now owns 965,026 shares of the industrial products company’s stock valued at $109,009,000 after buying an additional 82,944 shares during the period. QRG Capital Management Inc. lifted its stake in shares of Enersys by 454.5% during the 4th quarter. QRG Capital Management Inc. now owns 10,308 shares of the industrial products company’s stock worth $1,513,000 after acquiring an additional 8,449 shares during the last quarter. M&T Bank Corp bought a new stake in shares of Enersys during the 4th quarter worth approximately $11,963,000. Segall Bryant & Hamill LLC boosted its holdings in Enersys by 2.0% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 483,494 shares of the industrial products company’s stock valued at $54,615,000 after acquiring an additional 9,313 shares during the period. Finally, CWA Asset Management Group LLC purchased a new position in Enersys during the 4th quarter valued at $1,700,000. 94.93% of the stock is owned by hedge funds and other institutional investors.
Enersys Price Performance
Shares of ENS stock opened at $220.65 on Friday. Enersys has a twelve month low of $85.00 and a twelve month high of $244.30. The company has a current ratio of 2.66, a quick ratio of 1.76 and a debt-to-equity ratio of 0.57. The stock has a fifty day simple moving average of $223.47 and a two-hundred day simple moving average of $186.72. The stock has a market capitalization of $8.06 billion, a price-to-earnings ratio of 28.62, a P/E/G ratio of 1.22 and a beta of 1.17.
Enersys Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Friday, June 19th will be given a dividend of $0.2625 per share. The ex-dividend date of this dividend is Thursday, June 18th. This represents a $1.05 dividend on an annualized basis and a yield of 0.5%. Enersys’s dividend payout ratio (DPR) is 13.62%.
Analysts Set New Price Targets
A number of analysts have weighed in on ENS shares. Weiss Ratings lowered Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday. Roth Mkm reissued a “buy” rating and set a $265.00 target price on shares of Enersys in a research note on Friday, May 22nd. BTIG Research raised their price target on shares of Enersys from $250.00 to $280.00 and gave the stock a “buy” rating in a research note on Friday, June 12th. Oppenheimer lifted their price objective on shares of Enersys from $210.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, May 22nd. Finally, Wall Street Zen cut shares of Enersys from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 20th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Enersys currently has a consensus rating of “Moderate Buy” and an average target price of $265.00.
View Our Latest Stock Analysis on ENS
Enersys Company Profile
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.
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