VIRGINIA RETIREMENT SYSTEMS ET Al Sells 6,200 Shares of Enersys $ENS

VIRGINIA RETIREMENT SYSTEMS ET Al decreased its holdings in shares of Enersys (NYSE:ENS) by 21.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 22,972 shares of the industrial products company’s stock after selling 6,200 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.06% of Enersys worth $3,371,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in ENS. Millennium Management LLC boosted its stake in Enersys by 257.8% during the third quarter. Millennium Management LLC now owns 556,771 shares of the industrial products company’s stock valued at $62,893,000 after buying an additional 401,167 shares during the period. Kennedy Capital Management LLC boosted its stake in Enersys by 343.0% during the third quarter. Kennedy Capital Management LLC now owns 311,320 shares of the industrial products company’s stock valued at $35,167,000 after buying an additional 241,045 shares during the period. New South Capital Management Inc. boosted its stake in Enersys by 22.6% during the third quarter. New South Capital Management Inc. now owns 857,600 shares of the industrial products company’s stock valued at $96,874,000 after buying an additional 158,267 shares during the period. AQR Capital Management LLC boosted its stake in Enersys by 30.3% during the third quarter. AQR Capital Management LLC now owns 652,128 shares of the industrial products company’s stock valued at $72,986,000 after buying an additional 151,589 shares during the period. Finally, Scopia Capital Management LP boosted its stake in Enersys by 55.3% during the third quarter. Scopia Capital Management LP now owns 370,671 shares of the industrial products company’s stock valued at $41,871,000 after buying an additional 132,019 shares during the period. Institutional investors own 94.93% of the company’s stock.

Enersys Trading Up 2.8%

Shares of ENS stock opened at $239.47 on Friday. The company has a quick ratio of 1.72, a current ratio of 2.75 and a debt-to-equity ratio of 0.61. The business has a 50-day moving average price of $188.98 and a two-hundred day moving average price of $166.71. Enersys has a 12-month low of $76.60 and a 12-month high of $239.69. The firm has a market cap of $8.82 billion, a P/E ratio of 29.67, a price-to-earnings-growth ratio of 1.29 and a beta of 1.17.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on ENS shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Enersys in a research note on Friday, April 24th. TD Cowen started coverage on Enersys in a research note on Thursday, March 19th. They set a “buy” rating and a $190.00 price target for the company. Roth Mkm reaffirmed a “buy” rating and set a $208.00 price target (up from $164.00) on shares of Enersys in a research note on Tuesday, February 3rd. BTIG Research lifted their price target on Enersys from $175.00 to $185.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Finally, Wall Street Zen lowered Enersys from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $180.25.

About Enersys

Enersys, headquartered in Reading, Pennsylvania, is a global leader in stored energy solutions, specializing in manufacturing and distributing industrial batteries, battery chargers, power equipment, and related accessories. The company serves a diverse range of end markets, including telecommunications, data centers, medical, aerospace, defense, electric vehicle motive power, and utility outcomes. Its products are engineered to deliver critical reserve power and motive power applications across key infrastructure and industrial sectors.

The company’s product portfolio encompasses lead-acid batteries, lithium-ion energy storage systems, chargers, inverters, power management software, and a broad array of battery accessories.