Corient Private Wealth LLC Sells 10,389 Shares of EnerSys (NYSE:ENS)

Corient Private Wealth LLC trimmed its holdings in shares of EnerSys (NYSE:ENS) by 6.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 144,167 shares of the industrial products company’s stock after selling 10,389 shares during the period. Corient Private Wealth LLC owned approximately 0.37% of EnerSys worth $13,325,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Uncommon Cents Investing LLC raised its position in shares of EnerSys by 4.6% during the fourth quarter. Uncommon Cents Investing LLC now owns 3,400 shares of the industrial products company’s stock worth $314,000 after purchasing an additional 150 shares during the period. Carolina Wealth Advisors LLC raised its position in shares of EnerSys by 2.6% during the fourth quarter. Carolina Wealth Advisors LLC now owns 6,648 shares of the industrial products company’s stock worth $614,000 after purchasing an additional 169 shares during the period. Aurora Investment Counsel raised its position in shares of EnerSys by 0.9% during the fourth quarter. Aurora Investment Counsel now owns 20,289 shares of the industrial products company’s stock worth $1,875,000 after purchasing an additional 173 shares during the period. Quantinno Capital Management LP raised its position in shares of EnerSys by 6.5% during the third quarter. Quantinno Capital Management LP now owns 3,010 shares of the industrial products company’s stock worth $307,000 after purchasing an additional 183 shares during the period. Finally, Victory Capital Management Inc. raised its position in shares of EnerSys by 1.5% during the third quarter. Victory Capital Management Inc. now owns 12,932 shares of the industrial products company’s stock worth $1,320,000 after purchasing an additional 185 shares during the period. 94.93% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on ENS shares. StockNews.com raised EnerSys from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 6th. Oppenheimer raised EnerSys from a “market perform” rating to an “outperform” rating and set a $115.00 price target for the company in a research report on Friday, January 17th. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, EnerSys presently has an average rating of “Buy” and an average price target of $117.50.

EnerSys Trading Down 0.7 %

NYSE ENS opened at $96.91 on Thursday. The firm has a market capitalization of $3.82 billion, a P/E ratio of 11.99, a PEG ratio of 0.57 and a beta of 1.18. The business has a fifty day simple moving average of $98.20 and a 200 day simple moving average of $97.74. EnerSys has a 12 month low of $88.50 and a 12 month high of $112.53. The company has a current ratio of 3.06, a quick ratio of 2.00 and a debt-to-equity ratio of 0.69.

EnerSys (NYSE:ENS) last announced its earnings results on Wednesday, February 5th. The industrial products company reported $3.12 earnings per share (EPS) for the quarter, beating 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 EPS for the current fiscal year.

EnerSys Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders 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 0.99%. The ex-dividend date of this dividend is Friday, March 14th. EnerSys’s dividend payout ratio is presently 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.