EnerSys (NYSE:ENS) Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas trimmed its holdings in EnerSys (NYSE:ENS) by 22.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 104,564 shares of the industrial products company’s stock after selling 31,104 shares during the quarter. Teacher Retirement System of Texas owned 0.27% of EnerSys worth $9,665,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of ENS. Boston Partners lifted its holdings in EnerSys by 47.1% in the 4th quarter. Boston Partners now owns 845,496 shares of the industrial products company’s stock valued at $78,801,000 after acquiring an additional 270,726 shares during the last quarter. Lightrock Netherlands B.V. acquired a new stake in EnerSys in the 4th quarter valued at about $11,969,000. Wealthfront Advisers LLC acquired a new stake in EnerSys in the 4th quarter valued at about $11,713,000. Proficio Capital Partners LLC acquired a new stake in EnerSys in the 4th quarter valued at about $105,000. Finally, Erste Asset Management GmbH acquired a new stake in EnerSys in the 3rd quarter valued at about $9,438,000. 94.93% of the stock is owned by institutional investors and hedge funds.

EnerSys Price Performance

ENS stock opened at $96.46 on Friday. 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 has a one year low of $88.50 and a one year high of $112.53. The firm has a market capitalization of $3.80 billion, a PE ratio of 11.94, a P/E/G ratio of 0.57 and a beta of 1.18. The firm has a 50-day moving average of $98.44 and a two-hundred day moving average of $97.70.

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

EnerSys Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Friday, March 14th. EnerSys’s dividend payout ratio (DPR) is 11.88%.

Analyst Ratings Changes

ENS has been the subject of a number of analyst reports. StockNews.com raised shares of EnerSys from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 6th. Oppenheimer raised shares of EnerSys from a “market perform” rating to an “outperform” rating and set a $115.00 price objective for the company in a research note on Friday, January 17th. One analyst has rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, EnerSys presently has an average rating of “Buy” and an average price target of $117.50.

EnerSys 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.