Natixis Advisors LLC purchased a new position in shares of EnerSys (NYSE:ENS - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 11,715 shares of the industrial products company's stock, valued at approximately $1,083,000.
Other hedge funds have also made changes to their positions in the company. Aurora Investment Counsel increased its position in EnerSys by 0.9% in the fourth quarter. Aurora Investment Counsel now owns 20,289 shares of the industrial products company's stock worth $1,875,000 after buying an additional 173 shares during the period. Skandinaviska Enskilda Banken AB publ grew its position in shares of EnerSys by 257,133.3% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 15,434 shares of the industrial products company's stock worth $1,433,000 after acquiring an additional 15,428 shares during the last quarter. Swiss National Bank increased its holdings in shares of EnerSys by 0.8% in the 4th quarter. Swiss National Bank now owns 79,100 shares of the industrial products company's stock worth $7,311,000 after acquiring an additional 600 shares during the period. Wealthfront Advisers LLC bought a new position in EnerSys in the 4th quarter worth about $11,713,000. Finally, Johnson Investment Counsel Inc. acquired a new stake in shares of EnerSys in the fourth quarter valued at approximately $243,000. Institutional investors own 94.93% of the company's stock.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on ENS. Oppenheimer upgraded EnerSys from a "market perform" rating to an "outperform" rating and set a $115.00 price target for the company in a research report on Friday, January 17th. StockNews.com raised shares of EnerSys from a "buy" rating to a "strong-buy" rating in a report on Friday, December 6th. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, EnerSys presently has an average rating of "Buy" and a consensus target price of $117.50.
Check Out Our Latest Report on EnerSys
EnerSys Price Performance
NYSE ENS traded down $1.65 on Friday, reaching $93.10. 58,754 shares of the stock traded hands, compared to its average volume of 276,176. EnerSys has a 12 month low of $88.50 and a 12 month high of $112.53. The company has a market cap of $3.67 billion, a price-to-earnings ratio of 11.52, a P/E/G ratio of 0.57 and a beta of 1.18. The firm's fifty day simple moving average is $98.74 and its 200 day simple moving average is $97.67. 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 released 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%. As a group, research analysts predict that EnerSys will post 9.99 EPS for the current fiscal year.
EnerSys Dividend Announcement
The business 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 1.03%. The ex-dividend date of this dividend is Friday, March 14th. EnerSys's dividend payout ratio (DPR) is presently 11.88%.
EnerSys Company Profile
(
Free Report)
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.
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