Hantz Financial Services Inc. boosted its stake in shares of Enersys (NYSE:ENS – Free Report) by 1,212.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,442 shares of the industrial products company’s stock after buying 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.
Other large investors also recently made changes to their positions in the company. Root Financial Partners LLC acquired a new position in shares of Enersys in the 3rd quarter valued at about $25,000. Allworth Financial LP grew its stake in shares of Enersys by 442.2% in the 3rd quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock valued at $28,000 after buying an additional 199 shares in the last quarter. SBI Securities Co. Ltd. boosted its position in Enersys by 239.7% during the fourth 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 period. Leonteq Securities AG bought a new stake in Enersys during the fourth quarter worth approximately $37,000. Finally, Optiver Holding B.V. bought a new stake in Enersys during 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%
Shares of Enersys 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 firm has a market cap of $8.60 billion, a PE ratio of 30.53, a P/E/G ratio of 1.34 and a beta of 1.17. Enersys has a 52-week low of $80.82 and a 52-week high of $244.30. The business’s 50 day simple moving average is $201.42 and its 200 day simple moving average is $173.41.
Enersys Dividend Announcement
The business also recently announced 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. This represents a $1.05 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Thursday, June 18th. Enersys’s dividend payout ratio is presently 13.62%.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on the company. Wall Street Zen raised Enersys from a “hold” rating to a “strong-buy” rating in a research report on Saturday, May 23rd. TD Cowen lifted their price objective on Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Oppenheimer lifted their price objective on Enersys from $210.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, May 22nd. BTIG Research increased their target price on Enersys from $185.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Enersys in a report on Friday, April 24th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Enersys has a consensus rating of “Moderate Buy” and an average target price of $257.50.
View Our Latest Research Report on Enersys
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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