Css LLC Il Purchases New Shares in EnerSys (NYSE:ENS)

Css LLC Il acquired a new position in EnerSys (NYSE:ENS - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 7,000 shares of the industrial products company's stock, valued at approximately $647,000.

Several other large investors also recently made changes to their positions in ENS. Paradigm Capital Management Inc. NY lifted its position in EnerSys by 3.3% during the 4th quarter. Paradigm Capital Management Inc. NY now owns 477,972 shares of the industrial products company's stock worth $44,179,000 after buying an additional 15,472 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of EnerSys by 11.4% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 104,033 shares of the industrial products company's stock worth $9,616,000 after purchasing an additional 10,634 shares in the last quarter. Voloridge Investment Management LLC grew its stake in shares of EnerSys by 379.9% during the fourth quarter. Voloridge Investment Management LLC now owns 58,015 shares of the industrial products company's stock valued at $5,362,000 after purchasing an additional 45,926 shares during the last quarter. Squarepoint Ops LLC increased its holdings in shares of EnerSys by 213.1% in the fourth quarter. Squarepoint Ops LLC now owns 20,997 shares of the industrial products company's stock valued at $1,941,000 after purchasing an additional 14,290 shares in the last quarter. Finally, Two Sigma Advisers LP raised its position in EnerSys by 104.0% in the 4th quarter. Two Sigma Advisers LP now owns 5,100 shares of the industrial products company's stock worth $471,000 after purchasing an additional 2,600 shares during the last quarter. Institutional investors own 94.93% of the company's stock.

EnerSys Stock Performance

Shares of NYSE:ENS opened at $95.40 on Thursday. 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 1-year low of $76.57 and a 1-year high of $112.53. The stock has a market capitalization of $3.76 billion, a P/E ratio of 11.81, a P/E/G ratio of 0.57 and a beta of 1.13. The business has a 50-day moving average price of $89.92 and a two-hundred day moving average price of $94.37.

EnerSys (NYSE:ENS - Get Free Report) last posted its quarterly earnings results on Wednesday, May 21st. The industrial products company reported $2.97 earnings per share for the quarter, topping analysts' consensus estimates of $2.78 by $0.19. EnerSys had a net margin of 9.23% and a return on equity of 20.78%. The business had revenue of $974.80 million during the quarter, compared to the consensus estimate of $973.45 million. During the same period in the previous year, the firm posted $2.08 earnings per share. EnerSys's revenue for the quarter was up 7.0% compared to the same quarter last year. Equities analysts predict that EnerSys will post 9.99 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Roth Mkm reiterated a "buy" rating and issued a $120.00 price objective on shares of EnerSys in a research report on Wednesday, May 14th. One investment analyst has rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, EnerSys has a consensus rating of "Buy" and a consensus price target of $117.50.

About EnerSys

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.

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