Mercer Global Advisors Inc. ADV Sells 766 Shares of EnerSys (NYSE:ENS)

Mercer Global Advisors Inc. ADV lowered its stake in shares of EnerSys (NYSE:ENS) by 13.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,814 shares of the industrial products company’s stock after selling 766 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in EnerSys were worth $445,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of ENS. Hillsdale Investment Management Inc. boosted its holdings in EnerSys by 0.3% during the 4th quarter. Hillsdale Investment Management Inc. now owns 38,150 shares of the industrial products company’s stock worth $3,526,000 after acquiring an additional 100 shares during the last quarter. Canada Pension Plan Investment Board lifted its position in shares of EnerSys by 25.0% during the fourth quarter. Canada Pension Plan Investment Board now owns 500 shares of the industrial products company’s stock valued at $46,000 after purchasing an additional 100 shares in the last quarter. Aquatic Capital Management LLC boosted its holdings in EnerSys by 2.5% during the fourth quarter. Aquatic Capital Management LLC now owns 5,433 shares of the industrial products company’s stock worth $502,000 after purchasing an additional 133 shares during the last quarter. Mariner LLC boosted its holdings in EnerSys by 3.4% during the fourth quarter. Mariner LLC now owns 4,460 shares of the industrial products company’s stock worth $412,000 after purchasing an additional 147 shares during the last quarter. Finally, Uncommon Cents Investing LLC grew its position in EnerSys by 4.6% in the 4th quarter. Uncommon Cents Investing LLC now owns 3,400 shares of the industrial products company’s stock worth $314,000 after purchasing an additional 150 shares in the last quarter. 94.93% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Oppenheimer upgraded EnerSys from a “market perform” rating to an “outperform” rating and set a $115.00 target price on the stock in a research note on Friday, January 17th. One research 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 MarketBeat, EnerSys has an average rating of “Buy” and a consensus price target of $117.50.

EnerSys Trading Up 1.8%

Shares of EnerSys stock opened at $100.46 on Wednesday. The firm has a market cap of $3.96 billion, a PE ratio of 12.43, a P/E/G ratio of 0.57 and a beta of 1.13. EnerSys has a 1 year low of $76.57 and a 1 year high of $112.53. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.06 and a quick ratio of 2.00. The stock has a fifty day moving average price of $89.80 and a 200-day moving average price of $94.35.

EnerSys Company 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.