Universal Beteiligungs und Servicegesellschaft mbH raised its stake in shares of Enersys (NYSE:ENS – Free Report) by 200.3% in the 3rd quarter, Holdings Channel reports. The firm owned 45,111 shares of the industrial products company’s stock after acquiring an additional 30,088 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Enersys were worth $5,096,000 at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in ENS. Root Financial Partners LLC bought a new position in Enersys during the third quarter valued at approximately $25,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of Enersys during the 2nd quarter worth approximately $28,000. EverSource Wealth Advisors LLC boosted its position in shares of Enersys by 626.3% during 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. Osaic Holdings Inc. boosted its position in shares of Enersys by 211.7% during the 2nd quarter. Osaic Holdings Inc. now owns 1,487 shares of the industrial products company’s stock valued at $129,000 after acquiring an additional 1,010 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in Enersys by 15.8% in the second quarter. GAMMA Investing LLC now owns 1,559 shares of the industrial products company’s stock worth $134,000 after purchasing an additional 213 shares during the last quarter. 94.93% of the stock is owned by institutional investors.
Enersys Stock Up 0.9%
Shares of NYSE ENS opened at $175.06 on Tuesday. Enersys has a 1 year low of $76.57 and a 1 year high of $177.47. The firm has a 50-day simple moving average of $151.62 and a two-hundred day simple moving average of $123.60. The company has a market cap of $6.46 billion, a P/E ratio of 20.47, a PEG ratio of 1.12 and a beta of 1.10. The company has a debt-to-equity ratio of 0.63, a current ratio of 2.77 and a quick ratio of 1.73.
Enersys Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Friday, December 12th were issued a dividend of $0.2625 per share. This represents a $1.05 annualized dividend and a yield of 0.6%. The ex-dividend date was Friday, December 12th. Enersys’s dividend payout ratio (DPR) is presently 12.28%.
Insider Buying and Selling at Enersys
In other Enersys news, insider Chad C. Uplinger sold 6,702 shares of the company’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $151.46, for a total value of $1,015,084.92. Following the completion of the sale, the insider directly owned 23,713 shares in the company, valued at approximately $3,591,570.98. This represents a 22.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.91% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have commented on ENS. Zacks Research lowered shares of Enersys from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Oppenheimer reaffirmed an “outperform” rating on shares of Enersys in a report on Friday, November 7th. BTIG Research upgraded Enersys from a “neutral” rating to a “buy” rating in a research report on Monday, December 15th. Weiss Ratings restated a “buy (b)” rating on shares of Enersys in a research report on Thursday, October 30th. Finally, Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 8th. Four 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 currently has a consensus rating of “Moderate Buy” and an average price target of $129.00.
Read Our Latest Stock Report on Enersys
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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