JPMorgan Chase & Co. Has $27.64 Million Holdings in EnerSys (NYSE:ENS)

JPMorgan Chase & Co. grew its stake in shares of EnerSys (NYSE:ENS - Free Report) by 113.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 298,991 shares of the industrial products company's stock after purchasing an additional 158,617 shares during the period. JPMorgan Chase & Co. owned about 0.76% of EnerSys worth $27,636,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Hillsdale Investment Management Inc. lifted its stake in EnerSys by 0.3% during the fourth quarter. Hillsdale Investment Management Inc. now owns 38,150 shares of the industrial products company's stock valued at $3,526,000 after buying an additional 100 shares in the last quarter. Uncommon Cents Investing LLC lifted its position in shares of EnerSys by 4.6% in the 4th quarter. Uncommon Cents Investing LLC now owns 3,400 shares of the industrial products company's stock valued at $314,000 after acquiring an additional 150 shares in the last quarter. Carolina Wealth Advisors LLC boosted its stake in EnerSys by 2.6% in the 4th quarter. Carolina Wealth Advisors LLC now owns 6,648 shares of the industrial products company's stock worth $614,000 after purchasing an additional 169 shares during the period. Aurora Investment Counsel boosted its stake in EnerSys by 0.9% in the 4th quarter. Aurora Investment Counsel now owns 20,289 shares of the industrial products company's stock worth $1,875,000 after purchasing an additional 173 shares during the period. Finally, Quantinno Capital Management LP grew 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 purchasing an additional 183 shares in the last quarter. Institutional investors and hedge funds own 94.93% of the company's stock.

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EnerSys Stock Up 1.6 %

ENS traded up $1.33 on Friday, reaching $82.36. 198,790 shares of the company traded hands, compared to its average volume of 285,820. The company has a market cap of $3.25 billion, a price-to-earnings ratio of 10.19, a PEG ratio of 0.57 and a beta of 1.15. 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's 50 day moving average price is $95.46 and its 200-day moving average price is $96.36. EnerSys has a 52-week low of $76.57 and a 52-week high of $112.53.

EnerSys (NYSE:ENS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $3.12 earnings per share (EPS) for the quarter, topping 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%. On average, sell-side analysts expect that EnerSys will post 9.99 EPS for the current fiscal year.

EnerSys Dividend Announcement

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

Wall Street Analyst Weigh In

Separately, Oppenheimer raised 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 research 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 stock. Based on data from MarketBeat.com, EnerSys has a consensus rating of "Buy" and an average target price of $117.50.

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.