EnerSys (NYSE:ENS) Shares Purchased by Kennedy Capital Management LLC

Kennedy Capital Management LLC lifted its holdings in EnerSys (NYSE:ENS - Free Report) by 19.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 55,474 shares of the industrial products company's stock after acquiring an additional 8,842 shares during the period. Kennedy Capital Management LLC owned approximately 0.14% of EnerSys worth $5,127,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. 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 purchasing an additional 100 shares in the last quarter. Uncommon Cents Investing LLC grew its stake in shares of EnerSys by 4.6% in 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 in the last quarter. Carolina Wealth Advisors LLC raised its holdings in shares of EnerSys by 2.6% during the 4th quarter. Carolina Wealth Advisors LLC now owns 6,648 shares of the industrial products company's stock valued at $614,000 after buying an additional 169 shares during the period. Aurora Investment Counsel lifted its position in EnerSys by 0.9% during the 4th quarter. Aurora Investment Counsel now owns 20,289 shares of the industrial products company's stock worth $1,875,000 after acquiring an additional 173 shares in the last quarter. Finally, Quantinno Capital Management LP lifted its position in EnerSys by 6.5% during the 3rd quarter. Quantinno Capital Management LP now owns 3,010 shares of the industrial products company's stock worth $307,000 after acquiring an additional 183 shares in the last quarter. Hedge funds and other institutional investors own 94.93% of the company's stock.

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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 price objective on the stock in a research note on Friday, January 17th. One equities research 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. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $117.50.

EnerSys Stock Up 1.2 %

ENS traded up $0.97 on Tuesday, reaching $83.67. The company's stock had a trading volume of 257,682 shares, compared to its average volume of 285,564. EnerSys has a 1 year low of $76.57 and a 1 year high of $112.53. The business's 50 day moving average is $94.97 and its 200 day moving average is $96.15. 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 stock has a market cap of $3.30 billion, a price-to-earnings ratio of 10.35, a price-to-earnings-growth ratio of 0.57 and a beta of 1.15.

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

EnerSys Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were paid a $0.24 dividend. 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 1.15%. EnerSys's dividend payout ratio (DPR) is presently 11.88%.

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.