CANADA LIFE ASSURANCE Co increased its holdings in EnerSys (NYSE:ENS - Free Report) by 12.7% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 88,846 shares of the industrial products company's stock after buying an additional 10,033 shares during the quarter. CANADA LIFE ASSURANCE Co owned about 0.23% of EnerSys worth $8,205,000 at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of ENS. Hillsdale Investment Management Inc. increased its holdings in EnerSys by 0.3% in the 4th quarter. Hillsdale Investment Management Inc. now owns 38,150 shares of the industrial products company's stock valued at $3,526,000 after acquiring an additional 100 shares during the last quarter. Canada Pension Plan Investment Board lifted its holdings in shares of EnerSys by 25.0% in the 4th quarter. Canada Pension Plan Investment Board now owns 500 shares of the industrial products company's stock worth $46,000 after buying an additional 100 shares during the period. Mariner LLC increased its holdings in EnerSys by 3.4% during the fourth quarter. Mariner LLC now owns 4,460 shares of the industrial products company's stock valued at $412,000 after buying an additional 147 shares during the period. Uncommon Cents Investing LLC lifted its position in shares of EnerSys by 4.6% during the fourth quarter. Uncommon Cents Investing LLC now owns 3,400 shares of the industrial products company's stock valued at $314,000 after buying an additional 150 shares during the last quarter. Finally, Carolina Wealth Advisors LLC grew its stake in EnerSys by 2.6% during the 4th quarter. Carolina Wealth Advisors LLC now owns 6,648 shares of the industrial products company's stock worth $614,000 after buying an additional 169 shares during the last quarter. Institutional investors own 94.93% of the company's stock.
Wall Street Analyst Weigh In
Separately, Oppenheimer raised shares of EnerSys from a "market perform" rating to an "outperform" rating and set a $115.00 price target on the stock in a report on Friday, January 17th. One investment analyst has rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $117.50.
Check Out Our Latest Stock Analysis on ENS
EnerSys Trading Up 0.5 %
Shares of NYSE ENS traded up $0.42 during mid-day trading on Friday, reaching $86.36. 218,927 shares of the company's stock were exchanged, compared to its average volume of 285,369. The firm has a market capitalization of $3.41 billion, a price-to-earnings ratio of 10.69, a PEG 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. The company's 50-day moving average is $92.20 and its 200-day moving average is $95.24. The company has a debt-to-equity ratio of 0.69, a quick ratio of 2.00 and a current ratio of 3.06.
EnerSys (NYSE:ENS - Get Free Report) last announced its earnings results on Wednesday, February 5th. The industrial products company reported $3.12 earnings per share (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%. Analysts expect that EnerSys will post 9.99 EPS for the current fiscal year.
EnerSys Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date was Friday, March 14th. EnerSys's dividend payout ratio is currently 11.88%.
About EnerSys
(
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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