Charles Schwab Investment Management Inc. Has $56.34 Million Holdings in EnerSys (NYSE:ENS)

Charles Schwab Investment Management Inc. grew its holdings in shares of EnerSys (NYSE:ENS - Free Report) by 2.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 609,520 shares of the industrial products company's stock after purchasing an additional 15,133 shares during the period. Charles Schwab Investment Management Inc. owned about 1.53% of EnerSys worth $56,338,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ENS. Janney Montgomery Scott LLC lifted its position in EnerSys by 60.8% during the third quarter. Janney Montgomery Scott LLC now owns 15,626 shares of the industrial products company's stock worth $1,595,000 after purchasing an additional 5,909 shares during the period. Crossmark Global Holdings Inc. raised its position in shares of EnerSys by 10.6% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 2,721 shares of the industrial products company's stock valued at $278,000 after buying an additional 261 shares in the last quarter. State of New Jersey Common Pension Fund D lifted its holdings in shares of EnerSys by 15.7% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 20,040 shares of the industrial products company's stock worth $2,045,000 after acquiring an additional 2,718 shares during the period. Victory Capital Management Inc. boosted its position in shares of EnerSys by 1.5% during the 3rd quarter. Victory Capital Management Inc. now owns 12,932 shares of the industrial products company's stock worth $1,320,000 after acquiring an additional 185 shares in the last quarter. Finally, Chesapeake Capital Corp IL increased its stake in EnerSys by 29.0% in the third quarter. Chesapeake Capital Corp IL now owns 3,349 shares of the industrial products company's stock valued at $340,000 after acquiring an additional 752 shares during the last quarter. 94.93% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Ratings Changes

A number of equities research analysts have weighed in 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 EnerSys from a "buy" rating to a "strong-buy" rating in a research note on Friday, December 6th. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $117.50.

EnerSys Price Performance

EnerSys stock traded up $1.40 during mid-day trading on Monday, reaching $96.92. The company had a trading volume of 381,520 shares, compared to its average volume of 255,105. The business has a fifty day simple moving average of $97.96 and a 200 day simple moving average of $97.80. The company has a market cap of $3.82 billion, a P/E ratio of 12.00, a P/E/G ratio of 0.57 and a beta of 1.18. EnerSys has a fifty-two week low of $88.50 and a fifty-two week 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.

EnerSys (NYSE:ENS - Get Free Report) last issued its earnings results on Wednesday, February 5th. The industrial products company reported $3.12 earnings per share (EPS) for the quarter, topping 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%. On average, equities research analysts predict that EnerSys will post 9.99 earnings per share for the current year.

EnerSys Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be paid a $0.24 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.96 annualized dividend and a dividend yield of 0.99%. EnerSys's payout ratio 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.