M&T Bank Corp bought a new position in Enersys (NYSE:ENS – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,828 shares of the industrial products company’s stock, valued at approximately $415,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Kestra Private Wealth Services LLC grew its position in Enersys by 118.1% in the 4th quarter. Kestra Private Wealth Services LLC now owns 6,054 shares of the industrial products company’s stock worth $888,000 after purchasing an additional 3,278 shares during the last quarter. Pictet Asset Management Holding SA grew its position in Enersys by 6.6% in the 4th quarter. Pictet Asset Management Holding SA now owns 5,823 shares of the industrial products company’s stock worth $855,000 after purchasing an additional 362 shares during the last quarter. Cornerstone Investment Partners LLC acquired a new position in Enersys during the 4th quarter valued at about $211,000. UBS Group AG increased its stake in Enersys by 47.2% during the 4th quarter. UBS Group AG now owns 406,113 shares of the industrial products company’s stock valued at $59,597,000 after buying an additional 130,162 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH increased its stake in Enersys by 14.3% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 51,552 shares of the industrial products company’s stock valued at $7,570,000 after buying an additional 6,441 shares during the period. Institutional investors own 94.93% of the company’s stock.
Analyst Ratings Changes
ENS has been the topic of several research analyst reports. Wall Street Zen cut shares of Enersys from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. BTIG Research raised their target price on shares of Enersys from $175.00 to $185.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Roth Mkm reissued a “buy” rating and set a $208.00 target price (up from $164.00) on shares of Enersys in a research note on Tuesday, February 3rd. TD Cowen initiated coverage on shares of Enersys in a research note on Thursday, March 19th. They set a “buy” rating and a $190.00 target price on the stock. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Enersys in a research note on Friday, April 24th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Enersys has a consensus rating of “Moderate Buy” and an average price target of $180.25.
Enersys Stock Performance
Shares of ENS opened at $233.24 on Thursday. The firm’s 50 day moving average is $187.47 and its 200-day moving average is $165.88. The stock has a market capitalization of $8.59 billion, a P/E ratio of 28.90, a P/E/G ratio of 1.29 and a beta of 1.17. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.75 and a quick ratio of 1.72. Enersys has a 12-month low of $76.60 and a 12-month high of $238.37.
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.
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