EnerSys (NYSE:ENS) Shares Bought by Intech Investment Management LLC

Intech Investment Management LLC lifted its stake in EnerSys (NYSE:ENS - Free Report) by 116.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 26,194 shares of the industrial products company's stock after purchasing an additional 14,071 shares during the quarter. Intech Investment Management LLC owned about 0.07% of EnerSys worth $2,421,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. R Squared Ltd purchased a new position in shares of EnerSys in the fourth quarter worth $47,000. Millburn Ridgefield Corp acquired a new position in shares of EnerSys in the 3rd quarter valued at $88,000. Proficio Capital Partners LLC purchased a new position in EnerSys in the 4th quarter worth $105,000. Parkside Financial Bank & Trust lifted its position 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 worth $120,000 after acquiring an additional 678 shares during the period. Finally, Point72 Asset Management L.P. purchased a new stake in EnerSys during the 3rd quarter valued at about $125,000. 94.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ENS has been the subject of a number of research reports. Oppenheimer raised EnerSys from a "market perform" rating to an "outperform" rating and set a $115.00 target price for the company in a report on Friday, January 17th. StockNews.com upgraded shares of EnerSys from a "buy" rating to a "strong-buy" rating in a research note 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. According to MarketBeat, EnerSys presently has a consensus rating of "Buy" and a consensus target price of $117.50.

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EnerSys Stock Performance

Shares of ENS traded down $0.64 during mid-day trading on Tuesday, reaching $97.61. The company had a trading volume of 244,412 shares, compared to its average volume of 261,539. The stock has a market capitalization of $3.85 billion, a P/E ratio of 12.08, a PEG ratio of 0.57 and a beta of 1.18. EnerSys has a 52-week low of $88.50 and a 52-week high of $112.53. The stock has a 50 day moving average of $98.58 and a two-hundred day moving average of $97.69. The company has a quick ratio of 2.00, a current ratio of 3.06 and a debt-to-equity ratio of 0.69.

EnerSys (NYSE:ENS - Get Free Report) last posted its earnings results on Wednesday, February 5th. The industrial products company reported $3.12 earnings per share for the quarter, beating the consensus estimate 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 earnings per share for the current year.

EnerSys Announces Dividend

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