Segall Bryant & Hamill LLC increased its stake in shares of EnerSys (NYSE:ENS - Free Report) by 25.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 412,369 shares of the industrial products company's stock after purchasing an additional 82,363 shares during the period. Segall Bryant & Hamill LLC owned 1.05% of EnerSys worth $38,115,000 as of its most recent SEC filing.
Other institutional investors also recently made changes to their positions in the company. R Squared Ltd acquired a new stake in shares of EnerSys during the 4th quarter worth about $47,000. Millburn Ridgefield Corp purchased a new position in shares of EnerSys during the third quarter valued at approximately $88,000. Point72 Asset Management L.P. acquired a new stake in EnerSys during the third quarter worth approximately $125,000. Parkside Financial Bank & Trust boosted its position in EnerSys by 110.2% during the fourth 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 last quarter. Finally, KBC Group NV grew its stake in EnerSys by 64.0% in the 4th quarter. KBC Group NV now owns 1,863 shares of the industrial products company's stock worth $172,000 after acquiring an additional 727 shares during the period. 94.93% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on ENS. Oppenheimer upgraded EnerSys from a "market perform" rating to an "outperform" rating and set a $115.00 price objective on the stock in a report on Friday, January 17th. StockNews.com raised EnerSys from a "buy" rating to a "strong-buy" rating in a research note on Friday, December 6th. One research analyst has rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $117.50.
Check Out Our Latest Analysis on EnerSys
EnerSys Trading Down 1.7 %
NYSE:ENS traded down $1.63 during trading hours on Friday, reaching $93.11. 194,690 shares of the company were exchanged, compared to its average volume of 276,942. The firm has a market cap of $3.67 billion, a price-to-earnings ratio of 11.52, a PEG ratio of 0.57 and a beta of 1.18. The stock has a 50 day simple moving average of $98.64 and a 200 day simple moving average of $97.67. EnerSys has a 52-week low of $88.50 and a 52-week high of $112.53. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.06 and a quick ratio of 2.00.
EnerSys (NYSE:ENS - Get Free Report) last issued its earnings results on Wednesday, February 5th. The industrial products company reported $3.12 earnings per share 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%. As a group, analysts predict that EnerSys will post 9.99 EPS for the current year.
EnerSys Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were paid a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 1.03%. The ex-dividend date was Friday, March 14th. EnerSys's dividend payout ratio is currently 11.88%.
EnerSys 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.
See Also
Before you consider EnerSys, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and EnerSys wasn't on the list.
While EnerSys currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Like this article? Share it with a colleague.
Link copied to clipboard.
