Raymond James Financial Inc. acquired a new position in shares of EnerSys (NYSE:ENS - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 6,071 shares of the industrial products company's stock, valued at approximately $561,000.
Several other large investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its stake in EnerSys by 2.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 609,520 shares of the industrial products company's stock valued at $56,338,000 after acquiring an additional 15,133 shares during the period. Sanctuary Advisors LLC boosted its position in EnerSys by 24.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 4,130 shares of the industrial products company's stock valued at $403,000 after purchasing an additional 818 shares during the period. Janney Montgomery Scott LLC grew its stake in EnerSys by 12.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 17,502 shares of the industrial products company's stock worth $1,618,000 after buying an additional 1,876 shares during the last quarter. Tributary Capital Management LLC increased its position in EnerSys by 25.9% in the fourth quarter. Tributary Capital Management LLC now owns 239,765 shares of the industrial products company's stock worth $22,161,000 after buying an additional 49,392 shares during the period. Finally, Victory Capital Management Inc. lifted its stake in EnerSys by 3.1% in the fourth quarter. Victory Capital Management Inc. now owns 13,328 shares of the industrial products company's stock valued at $1,232,000 after buying an additional 396 shares during the last quarter. 94.93% of the stock is currently owned by institutional investors.
EnerSys Stock Performance
ENS stock traded up $1.33 on Friday, reaching $82.36. The company's stock had a trading volume of 198,790 shares, compared to its average volume of 285,545. The firm has a fifty day moving average of $95.46 and a two-hundred day moving average of $96.40. 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 company has a market capitalization of $3.25 billion, a P/E ratio of 10.19, a price-to-earnings-growth ratio of 0.57 and a beta of 1.15. EnerSys has a 52 week low of $76.57 and a 52 week high of $112.53.
EnerSys (NYSE:ENS - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $3.12 EPS for the quarter, beating analysts' consensus estimates 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, analysts predict that EnerSys will post 9.99 EPS for the current fiscal year.
EnerSys Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.17%. EnerSys's dividend payout ratio (DPR) is 11.88%.
Wall Street Analyst Weigh In
Separately, Oppenheimer upgraded shares of EnerSys from a "market perform" rating to an "outperform" rating and set a $115.00 price target for the company in a research report on Friday, January 17th. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $117.50.
Check Out Our Latest Report on EnerSys
EnerSys Profile
(
Free Report)
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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