D. E. Shaw & Co. Inc. decreased its position in shares of EnerSys (NYSE:ENS) by 22.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 230,618 shares of the industrial products company’s stock after selling 68,011 shares during the period. D. E. Shaw & Co. Inc.’s holdings in EnerSys were worth $17,898,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. Ffcm LLC grew its stake in shares of EnerSys by 319.6% in the 4th quarter. Ffcm LLC now owns 470 shares of the industrial products company’s stock worth $36,000 after buying an additional 358 shares during the last quarter. Bessemer Group Inc. grew its stake in shares of EnerSys by 1,168.8% in the 4th quarter. Bessemer Group Inc. now owns 977 shares of the industrial products company’s stock worth $76,000 after buying an additional 900 shares during the last quarter. NumerixS Investment Technologies Inc purchased a new stake in shares of EnerSys in the 4th quarter worth approximately $91,000. Advisor Group Inc. grew its stake in shares of EnerSys by 21.0% in the 4th quarter. Advisor Group Inc. now owns 2,362 shares of the industrial products company’s stock worth $183,000 after buying an additional 410 shares during the last quarter. Finally, Hartford Investment Management Co. purchased a new stake in shares of EnerSys in the 3rd quarter worth approximately $209,000. Hedge funds and other institutional investors own 94.92% of the company’s stock.
Several analysts recently weighed in on the company. Zacks Investment Research downgraded EnerSys from a “hold” rating to a “sell” rating in a research note on Monday, March 11th. ValuEngine downgraded EnerSys from a “buy” rating to a “hold” rating in a research note on Friday, February 8th. Finally, William Blair upgraded EnerSys from a “market perform” rating to an “outperform” rating and set a $71.77 price target on the stock in a research note on Thursday, December 20th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. EnerSys has an average rating of “Buy” and a consensus target price of $93.55.
EnerSys stock opened at $67.32 on Friday. The company has a current ratio of 2.91, a quick ratio of 2.00 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $2.86 billion, a P/E ratio of 13.98, a P/E/G ratio of 1.35 and a beta of 1.33. EnerSys has a twelve month low of $65.69 and a twelve month high of $89.83.
EnerSys (NYSE:ENS) last released its quarterly earnings data on Wednesday, February 6th. The industrial products company reported $1.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.24 by ($0.07). The business had revenue of $680.00 million during the quarter, compared to the consensus estimate of $685.80 million. EnerSys had a net margin of 7.26% and a return on equity of 16.55%. The business’s revenue was up 3.2% compared to the same quarter last year. During the same period last year, the company posted $1.25 earnings per share. On average, analysts expect that EnerSys will post 4.93 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Friday, March 15th will be given a $0.175 dividend. The ex-dividend date is Thursday, March 14th. This represents a $0.70 annualized dividend and a yield of 1.04%. EnerSys’s dividend payout ratio (DPR) is presently 15.05%.
EnerSys manufactures, markets, and distributes industrial batteries. The company offers battery chargers, power equipment, battery accessories, and outdoor cabinet enclosures, as well as related after-market and customer-support services for industrial batteries. It also provides reserve power products that are used for backup power for the continuous operation of critical applications in telecommunications systems, uninterruptible power systems applications for computer and computer-controlled systems, and other specialty power applications, including medical and security systems, premium starting, lighting, and ignition applications, as well as in switchgear, electrical control systems used in electric utilities, large-scale energy storage, energy pipelines, commercial aircraft, satellites, military aircraft, submarines, ships, and tactical vehicles.
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