Candriam S.C.A. increased its position in EnerSys (NYSE:ENS - Free Report) by 37.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 26,930 shares of the industrial products company's stock after acquiring an additional 7,394 shares during the period. Candriam S.C.A. owned about 0.07% of EnerSys worth $2,489,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Peregrine Asset Advisers Inc. raised its holdings in shares of EnerSys by 2.0% during the third quarter. Peregrine Asset Advisers Inc. now owns 6,905 shares of the industrial products company's stock valued at $705,000 after purchasing an additional 137 shares during the last quarter. Uncommon Cents Investing LLC grew its position in EnerSys by 4.6% in the 4th quarter. Uncommon Cents Investing LLC now owns 3,400 shares of the industrial products company's stock worth $314,000 after purchasing an additional 150 shares during the period. Carolina Wealth Advisors LLC raised its stake in EnerSys by 2.6% during the 4th quarter. Carolina Wealth Advisors LLC now owns 6,648 shares of the industrial products company's stock valued at $614,000 after buying an additional 169 shares during the last quarter. Aurora Investment Counsel lifted its holdings in shares of EnerSys by 0.9% during the 3rd quarter. Aurora Investment Counsel now owns 20,116 shares of the industrial products company's stock valued at $2,053,000 after buying an additional 180 shares during the period. Finally, Quantinno Capital Management LP boosted its stake in shares of EnerSys by 6.5% in the 3rd quarter. Quantinno Capital Management LP now owns 3,010 shares of the industrial products company's stock worth $307,000 after buying an additional 183 shares during the last quarter. 94.93% of the stock is owned by institutional investors.
A number of research analysts have weighed in on ENS shares. Oppenheimer raised EnerSys from a "market perform" rating to an "outperform" rating and set a $115.00 target price on the stock in a report on Friday, January 17th. StockNews.com upgraded shares of 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 assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average target price of $117.50.
Get Our Latest Stock Report on ENS
Shares of NYSE ENS traded down $1.39 during trading on Monday, hitting $99.85. The company had a trading volume of 348,169 shares, compared to its average volume of 252,290. The stock has a 50 day simple moving average of $97.71 and a 200 day simple moving average of $97.88. The firm has a market capitalization of $3.94 billion, a P/E ratio of 12.36, a price-to-earnings-growth ratio of 0.57 and a beta of 1.18. EnerSys has a 12 month low of $88.50 and a 12 month high of $112.53. 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 (NYSE:ENS - Get Free Report) last released its earnings results on Wednesday, February 5th. The industrial products company reported $3.12 earnings per share for the quarter, beating 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%. As a group, analysts anticipate that EnerSys will post 9.99 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date of this dividend is Friday, March 14th. EnerSys's dividend payout ratio (DPR) is currently 11.88%.
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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