Measured Wealth Private Client Group LLC Invests $265,000 in EnerSys (NYSE:ENS)

Measured Wealth Private Client Group LLC purchased a new stake in shares of EnerSys (NYSE:ENS) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,621 shares of the industrial products company’s stock, valued at approximately $265,000.

Several other institutional investors also recently modified their holdings of the business. Exchange Traded Concepts LLC bought a new position in EnerSys during the third quarter valued at approximately $49,000. Commonwealth Equity Services LLC boosted its stake in shares of EnerSys by 13.8% in the 3rd quarter. Commonwealth Equity Services LLC now owns 3,596 shares of the industrial products company’s stock worth $340,000 after buying an additional 437 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of EnerSys by 1.8% in the third quarter. Bank of New York Mellon Corp now owns 805,421 shares of the industrial products company’s stock worth $76,249,000 after acquiring an additional 14,253 shares during the period. Brown Advisory Inc. increased its position in EnerSys by 9.0% during the third quarter. Brown Advisory Inc. now owns 5,931 shares of the industrial products company’s stock valued at $561,000 after acquiring an additional 490 shares during the last quarter. Finally, New York State Teachers Retirement System lifted its holdings in EnerSys by 3.8% in the third quarter. New York State Teachers Retirement System now owns 61,785 shares of the industrial products company’s stock valued at $5,849,000 after acquiring an additional 2,272 shares during the period. 94.93% of the stock is owned by hedge funds and other institutional investors.

EnerSys Price Performance

NYSE:ENS traded up $0.92 on Friday, reaching $93.28. 178,774 shares of the company’s stock traded hands, compared to its average volume of 229,022. The firm has a market cap of $3.77 billion, a PE ratio of 14.11, a P/E/G ratio of 0.79 and a beta of 1.35. The company has a quick ratio of 1.53, a current ratio of 2.67 and a debt-to-equity ratio of 0.51. The stock has a 50-day simple moving average of $91.55 and a 200-day simple moving average of $92.68. EnerSys has a 12 month low of $79.90 and a 12 month high of $113.34.

EnerSys (NYSE:ENS) last posted its quarterly earnings results on Wednesday, February 7th. The industrial products company reported $2.56 earnings per share for the quarter, topping the consensus estimate of $2.55 by $0.01. EnerSys had a return on equity of 20.09% and a net margin of 7.49%. The business had revenue of $861.50 million during the quarter, compared to the consensus estimate of $898.79 million. During the same period in the prior year, the company posted $1.27 EPS. The firm’s revenue for the quarter was down 6.4% compared to the same quarter last year. Equities research analysts forecast that EnerSys will post 8.3 earnings per share for the current year.

EnerSys Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were issued a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 0.96%. The ex-dividend date was Thursday, March 14th. EnerSys’s dividend payout ratio (DPR) is presently 13.62%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on ENS shares. Oppenheimer cut shares of EnerSys from an “outperform” rating to a “market perform” rating in a research note on Friday, February 9th. StockNews.com upgraded shares of EnerSys from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, March 6th.

EnerSys Company Profile

EnerSys provides various stored energy solutions for industrial applications worldwide. It operates in three segments: Energy Systems, Motive Power, and Specialty. The company offers uninterruptible power systems 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, renewable, and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.