Sanctuary Advisors LLC Sells 1,287 Shares of EnerSys (NYSE:ENS)

Sanctuary Advisors LLC lessened its holdings in shares of EnerSys (NYSE:ENS) by 31.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,843 shares of the industrial products company’s stock after selling 1,287 shares during the period. Sanctuary Advisors LLC’s holdings in EnerSys were worth $279,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of ENS. R Squared Ltd bought a new position in shares of EnerSys during the 4th quarter valued at about $47,000. Millburn Ridgefield Corp bought a new position in shares of EnerSys during the 3rd quarter valued at about $88,000. Point72 Asset Management L.P. bought a new position in shares of EnerSys during the 3rd quarter valued at about $125,000. KBC Group NV raised its position in EnerSys by 64.0% in the 4th quarter. KBC Group NV now owns 1,863 shares of the industrial products company’s stock valued at $172,000 after buying an additional 727 shares during the last quarter. Finally, Wolverine Trading LLC acquired a new stake in EnerSys in the 3rd quarter valued at approximately $202,000. Institutional investors own 94.93% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ENS. Oppenheimer raised EnerSys from a “market perform” rating to an “outperform” rating and set a $115.00 target price on the stock in a research report on Friday, January 17th. StockNews.com raised EnerSys from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 6th. One research analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, EnerSys currently has a consensus rating of “Buy” and a consensus target price of $117.50.

EnerSys Stock Down 0.3 %

Shares of EnerSys stock opened at $98.48 on Wednesday. The firm has a market cap of $3.88 billion, a PE ratio of 12.19, a P/E/G ratio of 0.57 and a beta of 1.22. EnerSys has a 52-week low of $88.50 and a 52-week high of $112.53. The business’s 50 day simple moving average is $97.11 and its 200 day simple moving average is $97.76. The company has a debt-to-equity ratio of 0.69, a quick ratio of 2.00 and a current ratio of 3.06.

EnerSys (NYSE:ENS) last posted its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $3.12 earnings per share for the quarter, topping the consensus estimate of $2.27 by $0.85. EnerSys had a return on equity of 20.78% and a net margin of 9.23%. On average, analysts predict that EnerSys will post 9.99 earnings per share for the current fiscal year.

EnerSys Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 0.97%. The ex-dividend date is Friday, March 14th. EnerSys’s dividend payout ratio (DPR) is 11.88%.

EnerSys Company Profile

EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.