Mirova boosted its position in Enersys (NYSE:ENS – Free Report) by 6.7% during the 3rd quarter, Holdings Channel reports. The fund owned 67,981 shares of the industrial products company’s stock after acquiring an additional 4,246 shares during the quarter. Mirova’s holdings in Enersys were worth $7,679,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the company. Root Financial Partners LLC acquired a new position in shares of Enersys during the 3rd quarter worth about $25,000. Allworth Financial LP lifted its position in shares of Enersys by 442.2% during the 3rd quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock worth $28,000 after buying an additional 199 shares during the last quarter. Optiver Holding B.V. purchased a new stake in shares of Enersys during the 3rd quarter worth approximately $47,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Enersys by 626.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 552 shares of the industrial products company’s stock valued at $47,000 after buying an additional 476 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its position in shares of Enersys by 105.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 491 shares of the industrial products company’s stock valued at $55,000 after buying an additional 252 shares during the last quarter. 94.93% of the stock is owned by hedge funds and other institutional investors.
Enersys Stock Performance
NYSE:ENS opened at $163.84 on Thursday. The company has a quick ratio of 1.72, a current ratio of 2.75 and a debt-to-equity ratio of 0.61. Enersys has a fifty-two week low of $76.57 and a fifty-two week high of $194.77. The stock has a market cap of $6.04 billion, a PE ratio of 20.30, a price-to-earnings-growth ratio of 1.06 and a beta of 1.11. The firm’s fifty day simple moving average is $170.40 and its 200-day simple moving average is $143.27.
Enersys Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be given a $0.2625 dividend. The ex-dividend date is Friday, March 13th. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.6%. Enersys’s dividend payout ratio (DPR) is currently 13.01%.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on ENS shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Enersys in a research note on Tuesday, January 27th. Wall Street Zen lowered Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 31st. BTIG Research lifted their target price on Enersys from $175.00 to $185.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Roth Mkm reissued a “buy” rating and issued a $208.00 target price (up from $164.00) on shares of Enersys in a report on Tuesday, February 3rd. Finally, Zacks Research cut Enersys from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Enersys currently has an average rating of “Moderate Buy” and a consensus target price of $177.00.
View Our Latest Stock Report on ENS
Enersys 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.
Further Reading
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