EnerSys (NYSE:ENS) Shares Purchased by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky lifted its holdings in EnerSys (NYSE:ENS) by 9.1% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,999 shares of the industrial products company’s stock after purchasing an additional 1,749 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in EnerSys were worth $1,563,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Pitcairn Co. boosted its holdings in shares of EnerSys by 3.8% in the 3rd quarter. Pitcairn Co. now owns 4,081 shares of the industrial products company’s stock valued at $304,000 after buying an additional 150 shares in the last quarter. Teacher Retirement System of Texas grew its stake in shares of EnerSys by 23.7% during the 3rd quarter. Teacher Retirement System of Texas now owns 6,882 shares of the industrial products company’s stock worth $512,000 after purchasing an additional 1,317 shares during the period. Inspire Investing LLC acquired a new position in shares of EnerSys during the 3rd quarter worth $231,000. South Dakota Investment Council grew its stake in EnerSys by 28.9% in the 3rd quarter. South Dakota Investment Council now owns 41,468 shares of the industrial products company’s stock valued at $3,087,000 after acquiring an additional 9,300 shares during the last quarter. Finally, Barclays PLC boosted its stake in shares of EnerSys by 43.2% during the 3rd quarter. Barclays PLC now owns 41,098 shares of the industrial products company’s stock worth $3,060,000 after purchasing an additional 12,390 shares during the last quarter. Institutional investors own 95.56% of the company’s stock.

Several research firms recently commented on ENS. Oppenheimer cut their price target on shares of EnerSys from $105.00 to $90.00 and set an “outperform” rating on the stock in a report on Friday, November 12th. TheStreet downgraded shares of EnerSys from a “b-” rating to a “c+” rating in a report on Tuesday, September 21st. Finally, Zacks Investment Research upgraded EnerSys from a “strong sell” rating to a “hold” rating and set a $82.00 target price on the stock in a research note on Tuesday. Two analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, EnerSys currently has a consensus rating of “Buy” and an average price target of $99.00.

ENS opened at $80.35 on Friday. The stock’s 50 day simple moving average is $78.30 and its 200-day simple moving average is $84.26. EnerSys has a 1 year low of $72.13 and a 1 year high of $104.47. The stock has a market cap of $3.37 billion, a PE ratio of 22.96, a P/E/G ratio of 1.80 and a beta of 1.42. The company has a current ratio of 2.92, a quick ratio of 1.86 and a debt-to-equity ratio of 0.68.

EnerSys (NYSE:ENS) last announced its earnings results on Wednesday, November 10th. The industrial products company reported $1.01 EPS for the quarter, missing the consensus estimate of $1.06 by ($0.05). EnerSys had a return on equity of 13.47% and a net margin of 4.79%. The business had revenue of $791.40 million for the quarter, compared to the consensus estimate of $800.50 million. During the same quarter in the previous year, the company posted $1.00 EPS. Equities analysts forecast that EnerSys will post 4.46 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 31st. Investors of record on Friday, December 17th were issued a dividend of $0.175 per share. The ex-dividend date was Thursday, December 16th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.87%. EnerSys’s payout ratio is presently 20.00%.

In other EnerSys news, insider Shawn M. O’connell sold 2,535 shares of the firm’s stock in a transaction that occurred on Tuesday, December 7th. The stock was sold at an average price of $78.95, for a total value of $200,138.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.37% of the stock is currently owned by company insiders.

EnerSys Company Profile

EnerSys engages in the provision of stored energy solutions for industrial applications. The company operates through the following segments: Energy Systems, Motive Power, and Specialty. The Energy Systems segment, which combine enclosures, power conversion, power distribution, and energy storage are used in the telecommunication, broadband and utility industries, uninterruptible power supplies, and other applications requiring stored energy solutions.

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Institutional Ownership by Quarter for EnerSys (NYSE:ENS)

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