Natixis Advisors LLC bought a new position in shares of EnerSys (NYSE:ENS – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 11,715 shares of the industrial products company’s stock, valued at approximately $1,083,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Aurora Investment Counsel grew its holdings in EnerSys by 0.9% during the 4th quarter. Aurora Investment Counsel now owns 20,289 shares of the industrial products company’s stock valued at $1,875,000 after buying an additional 173 shares in the last quarter. Skandinaviska Enskilda Banken AB publ grew its stake in EnerSys by 257,133.3% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 15,434 shares of the industrial products company’s stock valued at $1,433,000 after acquiring an additional 15,428 shares in the last quarter. Swiss National Bank increased its holdings in EnerSys by 0.8% in the 4th quarter. Swiss National Bank now owns 79,100 shares of the industrial products company’s stock valued at $7,311,000 after acquiring an additional 600 shares during the last quarter. Wealthfront Advisers LLC purchased a new stake in EnerSys in the 4th quarter worth $11,713,000. Finally, Johnson Investment Counsel Inc. bought a new position in shares of EnerSys during the 4th quarter valued at about $243,000. Institutional investors own 94.93% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on the company. Oppenheimer raised EnerSys from a “market perform” rating to an “outperform” rating and set a $115.00 target price on the stock in a report on Friday, January 17th. StockNews.com raised EnerSys from a “buy” rating to a “strong-buy” rating in a report on Friday, December 6th. One research analyst has rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $117.50.
EnerSys Stock Down 0.7 %
Shares of NYSE:ENS opened at $97.61 on Wednesday. The company has a market cap of $3.85 billion, a price-to-earnings ratio of 12.08, a PEG 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 company has a current ratio of 3.06, a quick ratio of 2.00 and a debt-to-equity ratio of 0.69. The company has a 50-day moving average price of $98.68 and a 200 day moving average price of $97.70.
EnerSys (NYSE:ENS – Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $3.12 earnings per share (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%. As a group, equities research analysts predict that EnerSys will post 9.99 earnings per share for the current year.
EnerSys Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date of this dividend 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.
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