Swiss National Bank Has $7.31 Million Holdings in EnerSys (NYSE:ENS)

Swiss National Bank boosted its position in shares of EnerSys (NYSE:ENS) by 0.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 79,100 shares of the industrial products company’s stock after acquiring an additional 600 shares during the period. Swiss National Bank’s holdings in EnerSys were worth $7,311,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. R Squared Ltd acquired a new position in shares of EnerSys during the 4th quarter worth about $47,000. Millburn Ridgefield Corp bought a new position in EnerSys in the 3rd quarter worth approximately $88,000. Point72 Asset Management L.P. acquired a new position in shares of EnerSys during the third quarter worth approximately $125,000. Parkside Financial Bank & Trust boosted its position in shares of EnerSys by 110.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,293 shares of the industrial products company’s stock valued at $120,000 after acquiring an additional 678 shares during the period. Finally, KBC Group NV increased its position in EnerSys by 64.0% during the fourth quarter. KBC Group NV now owns 1,863 shares of the industrial products company’s stock worth $172,000 after acquiring an additional 727 shares during the period. 94.93% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ENS. Oppenheimer upgraded shares of EnerSys from a “market perform” rating to an “outperform” rating and set a $115.00 price objective on the stock in a report on Friday, January 17th. StockNews.com upgraded EnerSys from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 6th. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $117.50.

EnerSys Stock Down 0.8 %

Shares of NYSE ENS opened at $96.46 on Friday. The company has a quick ratio of 2.00, a current ratio of 3.06 and a debt-to-equity ratio of 0.69. The company has a market cap of $3.80 billion, a price-to-earnings ratio of 11.94, a price-to-earnings-growth ratio of 0.57 and a beta of 1.18. EnerSys has a 12-month low of $88.50 and a 12-month high of $112.53. The firm’s 50-day simple moving average is $98.44 and its 200 day simple moving average is $97.70.

EnerSys (NYSE:ENS) last released its earnings results on Wednesday, February 5th. The industrial products company reported $3.12 EPS for the quarter, beating the consensus estimate of $2.27 by $0.85. EnerSys had a return on equity of 20.78% and a net margin of 9.23%. On average, research analysts expect that EnerSys will post 9.99 earnings per share for the current fiscal year.

EnerSys Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date is Friday, March 14th. EnerSys’s dividend payout ratio (DPR) is 11.88%.

About EnerSys

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.