Russell Investments Group Ltd. Has $17.93 Million Holdings in EnerSys (NYSE:ENS)

Russell Investments Group Ltd. trimmed its holdings in shares of EnerSys (NYSE:ENS - Free Report) by 15.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 193,977 shares of the industrial products company's stock after selling 35,988 shares during the period. Russell Investments Group Ltd. owned 0.49% of EnerSys worth $17,929,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its position in shares of EnerSys by 4.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 202,285 shares of the industrial products company's stock worth $18,697,000 after buying an additional 8,561 shares during the period. Wells Fargo & Company MN boosted its stake in shares of EnerSys by 2.4% during the 4th quarter. Wells Fargo & Company MN now owns 156,836 shares of the industrial products company's stock worth $14,496,000 after acquiring an additional 3,609 shares in the last quarter. Landscape Capital Management L.L.C. purchased a new position in EnerSys in the 4th quarter worth about $387,000. Foundry Partners LLC raised its holdings in shares of EnerSys by 2.8% during the fourth quarter. Foundry Partners LLC now owns 47,767 shares of the industrial products company's stock valued at $4,415,000 after acquiring an additional 1,322 shares during the period. Finally, Pitcairn Co. lifted its holdings in shares of EnerSys by 9.4% in the fourth quarter. Pitcairn Co. now owns 4,477 shares of the industrial products company's stock valued at $414,000 after purchasing an additional 383 shares in the last quarter. Institutional investors own 94.93% of the company's stock.

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Analyst Ratings Changes

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 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. Based on data from MarketBeat.com, EnerSys currently has a consensus rating of "Buy" and an average price target of $117.50.

EnerSys Stock Up 1.3 %

Shares of ENS traded up $1.08 during trading hours on Tuesday, hitting $83.78. 45,360 shares of the company were exchanged, compared to its average volume of 284,782. The firm's 50 day moving average is $95.22 and its 200-day moving average is $96.23. The company has a debt-to-equity ratio of 0.69, a quick ratio of 2.00 and a current ratio of 3.06. EnerSys has a 52 week low of $76.57 and a 52 week high of $112.53. The company has a market cap of $3.30 billion, a PE ratio of 10.38, a PEG ratio of 0.57 and a beta of 1.15.

EnerSys (NYSE:ENS - Get Free Report) last posted 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 net margin of 9.23% and a return on equity of 20.78%. On average, equities research analysts forecast that EnerSys will post 9.99 EPS for the current fiscal year.

EnerSys Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date of this dividend was Friday, March 14th. EnerSys's dividend payout ratio (DPR) is currently 11.88%.

EnerSys Company 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.