Investment Firm Increases Position in Ennis, Inc. (NYSE:EBF) – Latest 13F Filing Analysis

Are you interested in learning more about Ennis, Inc. and its recent investment activity? Charles Schwab Investment Management Inc. has increased its position in Ennis by 7.0% during the fourth quarter, showing confidence in the industrial products company. Other large investors, such as Vanguard Group Inc. and Allspring Global Investments Holdings LLC, have also made moves to increase their holdings in Ennis.

Ennis has shown strong price performance, with shares trading at $20.83 on Monday. The company has a market capitalization of $541.16 million and a price-to-earnings ratio of 12.70. Additionally, Ennis recently reported earnings of $0.39 per share for the quarter, demonstrating solid financial performance.

In terms of dividends, Ennis announced a quarterly dividend of $0.25, with an annualized dividend yield of 4.80%. The company’s dividend payout ratio is 60.98%, indicating a commitment to returning value to shareholders.

Analyst ratings for Ennis have also seen changes, with StockNews.com lowering its rating from “strong-buy” to “buy.” This shift in sentiment could provide valuable insights for investors considering Ennis as a potential investment opportunity.

Ennis, Inc. manufactures and sells business forms and other products in the United States under various brands. With a diverse product offering and a strong market presence, Ennis is positioned for continued growth and success in the industrial products sector.

For more information on Ennis and other top-rated stocks recommended by analysts, be sure to check out MarketBeat’s latest analysis. Stay informed on the latest investment opportunities and make informed decisions for your portfolio.