VIRGINIA RETIREMENT SYSTEMS ET Al Sells 6,200 Shares of Enersys $ENS

VIRGINIA RETIREMENT SYSTEMS ET Al lessened its stake in Enersys (NYSE:ENS) by 21.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,972 shares of the industrial products company’s stock after selling 6,200 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Enersys were worth $3,371,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of ENS. Root Financial Partners LLC bought a new stake in shares of Enersys in the 3rd quarter valued at about $25,000. Allworth Financial LP lifted 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 acquiring an additional 199 shares during the last quarter. SBI Securities Co. Ltd. lifted its stake in shares of Enersys by 239.7% in the 4th quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 151 shares during the last quarter. Optiver Holding B.V. bought a new stake in shares of Enersys in the 3rd quarter valued at about $47,000. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Enersys by 626.3% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 552 shares of the industrial products company’s stock valued at $47,000 after acquiring an additional 476 shares during the last quarter. Institutional investors own 94.93% of the company’s stock.

Enersys Stock Up 2.8%

Shares of NYSE:ENS opened at $239.47 on Friday. Enersys has a 1 year low of $76.60 and a 1 year high of $239.69. The company has a market cap of $8.82 billion, a PE ratio of 29.67, 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. The stock’s 50-day moving average is $188.98 and its 200 day moving average is $166.71.

Analyst Ratings Changes

ENS has been the subject of a number of recent research reports. Weiss Ratings reissued a “buy (b)” rating on shares of Enersys in a research note on Friday, April 24th. Wall Street Zen downgraded Enersys from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. BTIG Research boosted their price target on Enersys from $175.00 to $185.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Roth Mkm restated a “buy” rating and set a $208.00 price target (up from $164.00) on shares of Enersys in a report on Tuesday, February 3rd. Finally, TD Cowen assumed coverage on Enersys in a report on Thursday, March 19th. They set a “buy” rating and a $190.00 price target on the stock. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $180.25.

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.