Quantbot Technologies LP acquired a new stake in EnerSys (NYSE:ENS – Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 14,699 shares of the industrial products company’s stock, valued at approximately $1,359,000.
Several other large investors have also recently added to or reduced their stakes in the stock. Citigroup Inc. grew its holdings in shares of EnerSys by 99.2% during the 3rd quarter. Citigroup Inc. now owns 48,429 shares of the industrial products company’s stock valued at $4,942,000 after acquiring an additional 24,123 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in EnerSys by 2.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 609,520 shares of the industrial products company’s stock valued at $56,338,000 after purchasing an additional 15,133 shares in the last quarter. BNP Paribas Financial Markets increased its position in EnerSys by 38.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 43,519 shares of the industrial products company’s stock worth $4,441,000 after purchasing an additional 12,145 shares during the last quarter. Sanctuary Advisors LLC raised its stake in shares of EnerSys by 24.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 4,130 shares of the industrial products company’s stock worth $403,000 after purchasing an additional 818 shares in the last quarter. Finally, Fisher Asset Management LLC grew its stake in shares of EnerSys by 8.7% in the 3rd quarter. Fisher Asset Management LLC now owns 425,285 shares of the industrial products company’s stock valued at $43,400,000 after buying an additional 34,173 shares in the last quarter. Institutional investors and hedge funds own 94.93% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts recently weighed in on ENS shares. Oppenheimer raised shares of EnerSys from a “market perform” rating to an “outperform” rating and set a $115.00 price objective on the stock 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 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 issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, EnerSys has an average rating of “Buy” and a consensus target price of $117.50.
EnerSys Stock Up 2.1 %
ENS opened at $98.29 on Tuesday. The firm has a market cap of $3.88 billion, a P/E ratio of 12.16, a price-to-earnings-growth ratio of 0.57 and a beta of 1.18. The company has a debt-to-equity ratio of 0.69, a quick ratio of 2.00 and a current ratio of 3.06. The business has a 50 day moving average price of $98.58 and a 200 day moving average price of $97.69. EnerSys has a twelve month low of $88.50 and a twelve month high of $112.53.
EnerSys (NYSE:ENS – Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $3.12 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.85. EnerSys had a net margin of 9.23% and a return on equity of 20.78%. Research analysts forecast that EnerSys will post 9.99 EPS for the current year.
EnerSys Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.24 per share. The ex-dividend date is Friday, March 14th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.98%. EnerSys’s dividend payout ratio (DPR) is presently 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.
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