Sanctuary Advisors LLC increased its holdings in shares of Enersys (NYSE:ENS – Free Report) by 194.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,585 shares of the industrial products company’s stock after acquiring an additional 6,332 shares during the quarter. Sanctuary Advisors LLC’s holdings in Enersys were worth $1,665,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. CIBC Private Wealth Group LLC raised its holdings in Enersys by 116.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 98 shares during the last quarter. Allworth Financial LP boosted its holdings 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 purchasing an additional 199 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Enersys during the 4th quarter worth approximately $30,000. SBI Securities Co. Ltd. boosted its holdings in shares of Enersys by 239.7% during the 4th quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 151 shares during the last quarter. Finally, Leonteq Securities AG purchased a new stake in shares of Enersys in the fourth quarter valued at approximately $37,000. Hedge funds and other institutional investors own 94.93% of the company’s stock.
Enersys Stock Down 0.1%
ENS stock opened at $201.18 on Thursday. Enersys has a one year low of $88.76 and a one year high of $244.30. The firm has a market cap of $7.33 billion, a PE ratio of 26.09, a PEG ratio of 1.11 and a beta of 1.17. The firm’s 50 day moving average price is $220.62 and its 200-day moving average price is $194.35. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.76 and a current ratio of 2.66.
Enersys Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Friday, June 19th were issued a dividend of $0.2625 per share. The ex-dividend date was Thursday, June 18th. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.5%. Enersys’s dividend payout ratio is currently 13.62%.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on ENS shares. Wall Street Zen downgraded Enersys from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 18th. TD Cowen upped their target price on Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Roth Capital reaffirmed a “buy” rating and issued a $265.00 target price on shares of Enersys in a research note on Friday, May 22nd. BTIG Research boosted their price target on shares of Enersys from $250.00 to $280.00 and gave the company a “buy” rating in a research report on Friday, June 12th. Finally, Oppenheimer upped 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. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $265.00.
Read Our Latest Stock Report 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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