Hantz Financial Services Inc. lifted its holdings in shares of Enersys (NYSE:ENS – Free Report) by 1,212.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 6,442 shares of the industrial products company’s stock after acquiring an additional 5,951 shares during the period. Hantz Financial Services Inc.’s holdings in Enersys were worth $945,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of ENS. Root Financial Partners LLC acquired a new position in Enersys in the 3rd quarter worth about $25,000. Allworth Financial LP boosted 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 valued at $28,000 after purchasing an additional 199 shares in the last quarter. SBI Securities Co. Ltd. boosted its position 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 valued at $31,000 after purchasing an additional 151 shares in the last quarter. Leonteq Securities AG bought a new stake in shares of Enersys during the 4th quarter valued at about $37,000. Finally, Optiver Holding B.V. bought a new position in Enersys in the third quarter worth approximately $47,000. Institutional investors and hedge funds own 94.93% of the company’s stock.
Enersys Stock Down 3.3%
ENS stock opened at $235.39 on Thursday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.76 and a current ratio of 2.66. The business’s 50 day moving average price is $201.42 and its two-hundred day moving average price is $173.41. Enersys has a fifty-two week low of $80.82 and a fifty-two week high of $244.30. The company has a market capitalization of $8.60 billion, a price-to-earnings ratio of 30.53, a price-to-earnings-growth ratio of 1.34 and a beta of 1.17.
Enersys Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 2nd. Stockholders of record on Friday, June 19th will be given a dividend of $0.2625 per share. The ex-dividend date is Thursday, June 18th. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.4%. Enersys’s dividend payout ratio (DPR) is presently 13.62%.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on ENS shares. BTIG Research increased their price target on Enersys from $185.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Roth Mkm reaffirmed a “buy” rating and set a $265.00 price target on shares of Enersys in a research report on Friday, May 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of Enersys in a research report on Friday, April 24th. Wall Street Zen raised Enersys from a “hold” rating to a “strong-buy” rating in a report on Saturday, May 23rd. Finally, Oppenheimer raised their price target on Enersys from $210.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, May 22nd. Five investment 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 has a consensus rating of “Moderate Buy” and an average price target of $257.50.
Get Our Latest Research 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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