EnerSys (NYSE:ENS) Position Boosted by Boston Partners

Boston Partners raised its stake in EnerSys (NYSE:ENS - Free Report) by 47.1% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 845,496 shares of the industrial products company's stock after buying an additional 270,726 shares during the quarter. Boston Partners owned approximately 2.14% of EnerSys worth $78,801,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. R Squared Ltd bought a new stake in EnerSys during the 4th quarter valued at $47,000. Millburn Ridgefield Corp acquired a new stake in EnerSys in the third quarter worth about $88,000. Proficio Capital Partners LLC bought a new position in EnerSys in the 4th quarter valued at about $105,000. Parkside Financial Bank & Trust increased its stake in EnerSys by 110.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,293 shares of the industrial products company's stock valued at $120,000 after buying an additional 678 shares during the period. Finally, Point72 Asset Management L.P. bought a new stake in shares of EnerSys during the 3rd quarter worth about $125,000. Institutional investors and hedge funds own 94.93% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on ENS shares. 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 shares of EnerSys from a "buy" rating to a "strong-buy" rating in a report on Friday, December 6th. One analyst has rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $117.50.

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EnerSys Trading Up 2.1 %

Shares of EnerSys stock traded up $2.03 on Monday, reaching $98.29. 319,056 shares of the company were exchanged, compared to its average volume of 261,580. EnerSys has a fifty-two week low of $88.50 and a fifty-two week high of $112.53. The firm has a market capitalization of $3.88 billion, a price-to-earnings ratio of 12.16, a price-to-earnings-growth ratio of 0.57 and a beta of 1.18. 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 stock has a fifty day moving average price of $98.44 and a 200-day moving average price of $97.69.

EnerSys (NYSE:ENS - Get Free Report) last posted its quarterly earnings data 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 net margin of 9.23% and a return on equity of 20.78%. On average, analysts expect that EnerSys will post 9.99 EPS for the current year.

EnerSys Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 0.98%. The ex-dividend date is Friday, March 14th. EnerSys's dividend payout ratio (DPR) is currently 11.88%.

EnerSys Company Profile

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.