EnerSys (NYSE:ENS) Shares Acquired by CenterBook Partners LP

CenterBook Partners LP increased its position in EnerSys (NYSE:ENS - Free Report) by 104.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,945 shares of the industrial products company's stock after buying an additional 8,134 shares during the quarter. CenterBook Partners LP's holdings in EnerSys were worth $1,474,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Raymond James Financial Inc. acquired a new stake in shares of EnerSys in the 4th quarter worth approximately $561,000. Martingale Asset Management L P boosted its stake in EnerSys by 4.8% during the 4th quarter. Martingale Asset Management L P now owns 43,765 shares of the industrial products company's stock valued at $4,045,000 after purchasing an additional 2,024 shares during the period. Bank of Montreal Can grew its position in EnerSys by 15.4% during the fourth quarter. Bank of Montreal Can now owns 7,327 shares of the industrial products company's stock worth $677,000 after buying an additional 980 shares in the last quarter. Cerity Partners LLC raised its stake in shares of EnerSys by 51.5% in the 4th quarter. Cerity Partners LLC now owns 4,607 shares of the industrial products company's stock valued at $434,000 after buying an additional 1,566 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in EnerSys by 4.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 202,285 shares of the industrial products company's stock valued at $18,697,000 after buying an additional 8,561 shares in the last quarter. Hedge funds and other institutional investors own 94.93% of the company's stock.

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EnerSys Stock Down 2.1 %

EnerSys stock traded down $1.74 during mid-day trading on Wednesday, reaching $81.83. The stock had a trading volume of 43,047 shares, compared to its average volume of 338,540. The company has a debt-to-equity ratio of 0.69, a quick ratio of 2.00 and a current ratio of 3.06. The stock's 50-day simple moving average is $94.97 and its 200-day simple moving average is $96.15. EnerSys has a fifty-two week low of $76.57 and a fifty-two week high of $112.53. The firm has a market capitalization of $3.23 billion, a PE ratio of 10.13, a price-to-earnings-growth ratio of 0.57 and a beta of 1.15.

EnerSys (NYSE:ENS - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $3.12 EPS for the quarter, topping 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, sell-side analysts forecast that EnerSys will post 9.99 EPS for the current fiscal year.

EnerSys Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were issued a $0.24 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.96 dividend on an annualized basis and a yield of 1.17%. EnerSys's dividend payout ratio is presently 11.88%.

Wall Street Analysts Forecast Growth

Separately, Oppenheimer upgraded shares of EnerSys from a "market perform" rating to an "outperform" rating and set a $115.00 target price for the company in a research report on Friday, January 17th. One analyst has rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, EnerSys currently has an average rating of "Buy" and a consensus target price of $117.50.

EnerSys 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.