The Strs Ohio Continues to Hold Stake in EnerSys (ENS)

The Strs Ohio Continues to Hold Stake in EnerSys (ENS)

Other institutional investors also recently made changes to their positions in the company. Elkfork Partners LLC acquired a new position in EnerSys during the fourth quarter valued at $197,000. Highbridge Capital Management LLC acquired a new position in EnerSys during the fourth quarter valued at $216,000. Origin Asset Management LLP acquired a new position in EnerSys during the fourth quarter valued at $224,000. Teza Capital Management LLC acquired a new position in EnerSys during the fourth quarter valued at $225,000. Finally, Bessemer Group Inc. acquired a new position in EnerSys during the fourth quarter valued at $312,000. Hedge funds and other institutional investors own 98.78% of the company’s stock.

Strs Ohio continued to hold its position in shares of EnerSys (NYSE:ENS) during the first quarter, Holdings Channel reports. The fund owned 6,200 shares of the industrial products company’s stock at the end of the first quarter. Strs Ohio’s holdings in EnerSys were worth $489,000 at the end of the most recent reporting period.

Shares of EnerSys (NYSE:ENS) opened at 77.39 on Monday. EnerSys has a 52 week low of $55.73 and a 52 week high of $84.74. The firm has a market cap of $3.37 billion, a P/E ratio of 21.26 and a beta of 1.68. The stock has a 50 day moving average of $81.28 and a 200 day moving average of $79.08.

EnerSys (NYSE:ENS) last posted its earnings results on Tuesday, May 30th. The industrial products company reported $1.28 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.28. EnerSys had a return on equity of 18.93% and a net margin of 5.77%. Equities analysts forecast that EnerSys will post $4.96 earnings per share for the current year.

Several research firms have recently weighed in on ENS. ValuEngine upgraded shares of EnerSys from a “hold” rating to a “buy” rating in a research report on Friday. Oppenheimer Holdings Inc. restated an “outperform” rating and set a $92.00 price objective (down previously from $95.00) on shares of EnerSys in a research report on Friday. Finally, Zacks Investment Research lowered shares of EnerSys from a “buy” rating to a “hold” rating in a research report on Thursday, May 18th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. EnerSys currently has an average rating of “Buy” and a consensus target price of $84.33. In related news, insider Holger P. Aschke sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 23rd. The stock was sold at an average price of $81.00, for a total transaction of $243,000.00. Following the transaction, the insider now directly owns 28,928 shares of the company’s stock, valued at approximately $2,343,168. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Kerry M. Kane sold 4,413 shares of the business’s stock in a transaction that occurred on Wednesday, May 24th. The stock was sold at an average price of $82.16, for a total value of $362,572.08. Following the transaction, the vice president now directly owns 17,210 shares in the company, valued at $1,413,973.60. The disclosure for this sale can be found here. Insiders have sold a total of 7,676 shares of company stock worth $627,462 over the last three months. 1.10% of the stock is owned by insiders.

EnerSys Company Profile EnerSys is a manufacturer, marketer and distributor of industrial batteries. The Company manufactures, markets and distributes related products, such as chargers, power equipment, outdoor cabinet enclosures and battery accessories, and provides related after-market and customer-support services for industrial batteries.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “ENS”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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