EnerSys (ENS) Shares Bought by Mutual of America Capital Management LLC
Mutual of America Capital Management LLC boosted its stake in EnerSys (NYSE:ENS) by 3,661.4% during the third quarter, according to its most recent filing with the SEC. The firm owned 34,041 shares of the company’s stock after buying an additional 33,136 shares during the period. Mutual of America Capital Management LLC owned approximately 0.08% of EnerSys worth $2,355,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently modified their holdings of the company. Redmond Asset Management LLC boosted its stake in shares of EnerSys by 0.3% in the second quarter. Redmond Asset Management LLC now owns 31,002 shares of the company’s stock valued at $1,844,000 after buying an additional 95 shares in the last quarter. PineBridge Investments L.P. boosted its stake in EnerSys by 3.4% in the second quarter. PineBridge Investments L.P. now owns 5,486 shares of the company’s stock valued at $326,000 after buying an additional 179 shares during the period. Arizona State Retirement System boosted its stake in EnerSys by 0.9% in the second quarter. Arizona State Retirement System now owns 22,451 shares of the company’s stock valued at $1,335,000 after buying an additional 200 shares during the period. Capstone Asset Management Co. boosted its stake in EnerSys by 2.1% in the second quarter. Capstone Asset Management Co. now owns 13,383 shares of the company’s stock valued at $796,000 after buying an additional 280 shares during the period. Finally, Amalgamated Bank boosted its stake in EnerSys by 8.3% in the second quarter. Amalgamated Bank now owns 5,141 shares of the company’s stock valued at $358,000 after buying an additional 394 shares during the period. 96.22% of the stock is currently owned by hedge funds and other institutional investors.
Shares of EnerSys (NYSE:ENS) traded down 0.27% during trading on Monday, reaching $78.76. 181,367 shares of the company’s stock were exchanged. EnerSys has a 52-week low of $42.60 and a 52-week high of $79.58. The stock has a market cap of $3.42 billion, a PE ratio of 25.28 and a beta of 1.62. The stock’s 50 day moving average price is $69.70 and its 200-day moving average price is $66.17.
EnerSys (NYSE:ENS) last issued its quarterly earnings data on Thursday, November 10th. The company reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.07. EnerSys had a net margin of 5.84% and a return on equity of 18.00%. The business earned $576 million during the quarter, compared to analysts’ expectations of $584.87 million. During the same quarter in the previous year, the company earned $0.97 EPS. The business’s revenue was up 1.2% on a year-over-year basis. On average, equities research analysts forecast that EnerSys will post $4.64 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 30th. Shareholders of record on Friday, December 16th will be paid a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 0.89%. The ex-dividend date of this dividend is Wednesday, December 14th. EnerSys’s dividend payout ratio (DPR) is 22.36%.
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Several analysts have recently commented on the stock. Maxim Group increased their price target on shares of EnerSys from $74.00 to $78.00 and gave the company a “buy” rating in a research note on Friday, August 12th. Zacks Investment Research raised shares of EnerSys from a “hold” rating to a “strong-buy” rating and set a $85.00 price target on the stock in a research note on Monday, November 14th.
In other EnerSys news, insider Jeffrey W. Long sold 5,000 shares of EnerSys stock in a transaction dated Friday, November 25th. The shares were sold at an average price of $78.83, for a total value of $394,150.00. Following the completion of the sale, the insider now owns 54,638 shares in the company, valued at approximately $4,307,113.54. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.10% of the stock is currently owned by company insiders.
EnerSys is a manufacturer, marketer and distributor of industrial batteries. The Company manufactures, markets and distributes related products, such as chargers, power equipment, outdoor cabinet enclosures and battery accessories, and provides related after-market and customer-support services for industrial batteries.
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