EnerSys (ENS) Holdings Lifted by Arizona State Retirement System

Arizona State Retirement System raised its holdings in EnerSys (NYSE:ENS) by 1.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,251 shares of the industrial products company’s stock after purchasing an additional 342 shares during the quarter. Arizona State Retirement System’s holdings in EnerSys were worth $2,348,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. First Hawaiian Bank bought a new position in shares of EnerSys during the 3rd quarter worth $175,000. Hartford Investment Management Co. bought a new position in shares of EnerSys during the 3rd quarter worth $209,000. Parametrica Management Ltd bought a new position in shares of EnerSys during the 3rd quarter worth $210,000. Jane Street Group LLC bought a new position in shares of EnerSys during the 3rd quarter worth $239,000. Finally, Tower Research Capital LLC TRC grew its stake in shares of EnerSys by 276.0% during the 3rd quarter. Tower Research Capital LLC TRC now owns 3,869 shares of the industrial products company’s stock worth $337,000 after acquiring an additional 2,840 shares during the period. Hedge funds and other institutional investors own 97.64% of the company’s stock.

ENS stock opened at $70.55 on Tuesday. The company has a quick ratio of 2.00, a current ratio of 2.91 and a debt-to-equity ratio of 0.83. The firm has a market cap of $3.21 billion, a PE ratio of 15.17, a PEG ratio of 1.52 and a beta of 1.39. EnerSys has a fifty-two week low of $65.93 and a fifty-two week high of $89.83.

EnerSys (NYSE:ENS) last posted its quarterly earnings results on Wednesday, February 6th. The industrial products company reported $1.17 earnings per share for the quarter, missing the consensus estimate of $1.24 by ($0.07). The firm had revenue of $680.00 million for the quarter, compared to the consensus estimate of $685.80 million. EnerSys had a return on equity of 16.55% and a net margin of 7.26%. The firm’s revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.25 EPS. On average, equities analysts forecast that EnerSys will post 4.92 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Friday, March 15th will be paid a $0.175 dividend. The ex-dividend date is Thursday, March 14th. This represents a $0.70 annualized dividend and a yield of 0.99%. EnerSys’s dividend payout ratio is currently 15.05%.

Several research analysts have recently weighed in on the company. ValuEngine downgraded EnerSys from a “buy” rating to a “hold” rating in a research note on Friday. Oppenheimer reiterated a “buy” rating on shares of EnerSys in a research note on Tuesday, October 30th. William Blair upgraded EnerSys from a “market perform” rating to an “outperform” rating and set a $71.77 price target for the company in a research note on Thursday, December 20th. Finally, Sidoti set a $106.00 price target on EnerSys and gave the stock a “buy” rating in a research note on Tuesday, October 30th. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $93.55.

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EnerSys Company Profile

EnerSys manufactures, markets, and distributes industrial batteries. The company offers battery chargers, power equipment, battery accessories, and outdoor cabinet enclosures, as well as related after-market and customer-support services for industrial batteries. It also provides reserve power products that are used for backup power for the continuous operation of critical applications in telecommunications systems, uninterruptible power systems applications for computer and computer-controlled systems, and other specialty power applications, including medical and security systems, premium starting, lighting, and ignition applications, as well as in switchgear, electrical control systems used in electric utilities, large-scale energy storage, energy pipelines, commercial aircraft, satellites, military aircraft, submarines, ships, and tactical vehicles.

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Institutional Ownership by Quarter for EnerSys (NYSE:ENS)

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