Arizona State Retirement System Purchases 188 Shares of EnerSys (NYSE:ENS)

Arizona State Retirement System increased its holdings in EnerSys (NYSE:ENSFree Report) by 1.6% during the 3rd quarter, Holdings Channel reports. The firm owned 11,662 shares of the industrial products company’s stock after buying an additional 188 shares during the period. Arizona State Retirement System’s holdings in EnerSys were worth $1,104,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Legacy Capital Group California Inc. raised its holdings in EnerSys by 3.2% in the 2nd quarter. Legacy Capital Group California Inc. now owns 3,661 shares of the industrial products company’s stock worth $397,000 after purchasing an additional 114 shares in the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in EnerSys by 5.4% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 2,477 shares of the industrial products company’s stock worth $269,000 after buying an additional 126 shares in the last quarter. Integrated Investment Consultants LLC lifted its holdings in EnerSys by 2.6% in the third quarter. Integrated Investment Consultants LLC now owns 5,008 shares of the industrial products company’s stock worth $474,000 after buying an additional 129 shares during the period. US Bancorp DE boosted its position in EnerSys by 2.5% during the 2nd quarter. US Bancorp DE now owns 5,578 shares of the industrial products company’s stock valued at $605,000 after acquiring an additional 137 shares in the last quarter. Finally, UMB Bank n.a. grew its holdings in shares of EnerSys by 36.0% during the 3rd quarter. UMB Bank n.a. now owns 620 shares of the industrial products company’s stock worth $59,000 after acquiring an additional 164 shares during the period. Hedge funds and other institutional investors own 91.56% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on ENS. StockNews.com lowered EnerSys from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 31st. William Blair cut shares of EnerSys from an “outperform” rating to a “market perform” rating in a report on Monday, November 6th. Finally, Oppenheimer upped their target price on shares of EnerSys from $110.00 to $116.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 20th.

Read Our Latest Stock Analysis on ENS

EnerSys Stock Performance

Shares of ENS opened at $96.34 on Tuesday. The company has a quick ratio of 1.52, a current ratio of 2.68 and a debt-to-equity ratio of 0.57. The stock has a market cap of $3.89 billion, a P/E ratio of 16.52, a P/E/G ratio of 0.82 and a beta of 1.36. The business’s 50 day moving average price is $96.78 and its 200-day moving average price is $96.20. EnerSys has a 52 week low of $78.81 and a 52 week high of $113.34.

EnerSys (NYSE:ENSGet Free Report) last released its earnings results on Wednesday, November 8th. The industrial products company reported $1.84 EPS for the quarter, topping the consensus estimate of $1.80 by $0.04. EnerSys had a return on equity of 17.45% and a net margin of 6.51%. The business had revenue of $901.00 million for the quarter, compared to the consensus estimate of $914.38 million. During the same period in the previous year, the company posted $1.11 earnings per share. The company’s revenue for the quarter was up .2% compared to the same quarter last year. Equities research analysts anticipate that EnerSys will post 8.56 earnings per share for the current fiscal year.

EnerSys Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Friday, December 15th were issued a $0.225 dividend. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $0.90 annualized dividend and a yield of 0.93%. EnerSys’s dividend payout ratio (DPR) is presently 15.44%.

EnerSys Profile

(Free Report)

EnerSys provides various stored energy solutions for industrial applications worldwide. It operates in three segments: Energy Systems, Motive Power, and Specialty. The company offers uninterruptible power systems 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, renewable, and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.

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Institutional Ownership by Quarter for EnerSys (NYSE:ENS)

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