Enersys (ENS) Stake Held by Redmond Asset Management LLC

Redmond Asset Management LLC maintained its position in shares of Enersys (NYSE:ENS) during the fourth quarter, Holdings Channel reports. The firm owned 7,126 shares of the company’s stock at the end of the fourth quarter. Redmond Asset Management LLC’s holdings in Enersys were worth $557,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. LS Investment Advisors LLC increased its position in shares of Enersys by 78.2% in the third quarter. LS Investment Advisors LLC now owns 2,837 shares of the company’s stock valued at $196,000 after buying an additional 1,245 shares in the last quarter. Calvert Investment Management Inc. acquired a new stake in Enersys during the second quarter valued at $203,000. Teza Capital Management LLC acquired a new stake in Enersys during the fourth quarter valued at $225,000. Public Employees Retirement System of Ohio boosted its stake in Enersys by 11.9% in the second quarter. Public Employees Retirement System of Ohio now owns 3,815 shares of the company’s stock valued at $227,000 after buying an additional 405 shares during the last quarter. Finally, Fox Run Management L.L.C. acquired a new stake in Enersys during the third quarter valued at $263,000. Institutional investors and hedge funds own 98.78% of the company’s stock.

Institutional Ownership by Quarter for Enersys (NYSE:ENS)

Shares of Enersys (NYSE:ENS) traded up 0.31% during trading on Tuesday, hitting $78.84. The company had a trading volume of 196,038 shares. Enersys has a 52 week low of $43.69 and a 52 week high of $83.70. The stock has a market capitalization of $3.42 billion, a P/E ratio of 25.54 and a beta of 1.68. The firm’s 50 day moving average is $78.63 and its 200-day moving average is $72.77.

Enersys (NYSE:ENS) last issued its earnings results on Wednesday, February 8th. The company reported $1.18 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.13 by $0.05. The company earned $563.70 million during the quarter, compared to analyst estimates of $586.86 million. Enersys had a return on equity of 18.93% and a net margin of 5.77%. The firm’s quarterly revenue was down 1.7% on a year-over-year basis. During the same quarter last year, the business posted $0.92 EPS. Equities research analysts anticipate that Enersys will post $4.68 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 31st. Investors of record on Friday, March 17th will be paid a $0.175 dividend. The ex-dividend date of this dividend is Wednesday, March 15th. This represents a $0.70 dividend on an annualized basis and a yield of 0.89%. Enersys’s dividend payout ratio (DPR) is 22.65%.

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A number of equities analysts recently weighed in on the company. Oppenheimer Holdings, Inc. reissued a “buy” rating on shares of Enersys in a report on Wednesday, February 8th. Zacks Investment Research raised Enersys from a “hold” rating to a “strong-buy” rating and set a $85.00 price objective on the stock in a report on Monday, November 14th. Finally, Sidoti cut Enersys from a “buy” rating to a “neutral” rating in a report on Tuesday, December 13th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $81.75.

In related news, insider Jeffrey W. Long sold 5,000 shares of the firm’s stock in a transaction on Friday, November 25th. The stock was sold at an average price of $78.83, for a total value of $394,150.00. Following the completion of the transaction, the insider now owns 54,638 shares in the company, valued at approximately $4,307,113.54. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.10% of the company’s stock.

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.

5 Day Chart for NYSE:ENS

Want to see what other hedge funds are holding ENS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Enersys (NYSE:ENS).

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