Millennium Management LLC Increases Stock Holdings in EnerSys (NYSE:ENS)

Millennium Management LLC boosted its position in EnerSys (NYSE:ENS - Free Report) by 3,833.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 414,748 shares of the industrial products company's stock after acquiring an additional 404,204 shares during the quarter. Millennium Management LLC owned 1.05% of EnerSys worth $38,335,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of ENS. Quarry LP raised its stake in EnerSys by 153.4% during the 4th quarter. Quarry LP now owns 337 shares of the industrial products company's stock valued at $31,000 after acquiring an additional 204 shares in the last quarter. Headlands Technologies LLC increased its position in EnerSys by 937.2% during the fourth quarter. Headlands Technologies LLC now owns 446 shares of the industrial products company's stock worth $41,000 after acquiring an additional 403 shares during the period. Canada Pension Plan Investment Board boosted its position in shares of EnerSys by 25.0% during the 4th quarter. Canada Pension Plan Investment Board now owns 500 shares of the industrial products company's stock valued at $46,000 after acquiring an additional 100 shares in the last quarter. R Squared Ltd bought a new stake in EnerSys during the 4th quarter worth approximately $47,000. Finally, Covestor Ltd lifted its position in EnerSys by 32.4% during the 4th quarter. Covestor Ltd now owns 773 shares of the industrial products company's stock valued at $71,000 after purchasing an additional 189 shares during the period. Institutional investors and hedge funds own 94.93% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Roth Mkm restated a "buy" rating and issued a $120.00 price target on shares of EnerSys in a research note on Wednesday, May 14th. One research analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $117.50.

EnerSys Trading Down 0.4%

NYSE ENS traded down $0.39 on Tuesday, hitting $97.95. The company's stock had a trading volume of 226,374 shares, compared to its average volume of 286,654. 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 52-week low of $76.57 and a 52-week high of $112.53. The firm has a market cap of $3.86 billion, a P/E ratio of 12.12, a PEG ratio of 0.57 and a beta of 1.13. The company's 50-day simple moving average is $89.92 and its 200 day simple moving average is $94.36.

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.