EnerSys (NYSE:ENS) Shares Purchased by Silver Lake Advisory LLC

Silver Lake Advisory LLC raised its stake in EnerSys (NYSE:ENS) by 0.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,261 shares of the industrial products company’s stock after acquiring an additional 126 shares during the quarter. Silver Lake Advisory LLC’s holdings in EnerSys were worth $2,752,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Ontario Teachers Pension Plan Board grew its holdings in EnerSys by 235.6% during the third quarter. Ontario Teachers Pension Plan Board now owns 22,219 shares of the industrial products company’s stock worth $2,103,000 after purchasing an additional 15,598 shares during the period. Vanguard Group Inc. lifted its holdings in EnerSys by 1.5% during the 3rd quarter. Vanguard Group Inc. now owns 4,345,466 shares of the industrial products company’s stock valued at $411,385,000 after buying an additional 62,146 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in EnerSys by 3.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 750,960 shares of the industrial products company’s stock valued at $75,817,000 after acquiring an additional 22,202 shares during the period. Assenagon Asset Management S.A. boosted its stake in EnerSys by 894.6% during the fourth quarter. Assenagon Asset Management S.A. now owns 60,663 shares of the industrial products company’s stock worth $6,125,000 after buying an additional 54,564 shares during the period. Finally, Nordea Investment Management AB grew its position in shares of EnerSys by 9.7% during the fourth quarter. Nordea Investment Management AB now owns 3,726 shares of the industrial products company’s stock worth $381,000 after acquiring an additional 328 shares during the last quarter. Hedge funds and other institutional investors own 94.93% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on ENS shares. Oppenheimer lowered EnerSys from an “outperform” rating to a “market perform” rating in a research note on Friday, February 9th. StockNews.com raised EnerSys from a “buy” rating to a “strong-buy” rating in a report on Wednesday, March 6th.

EnerSys Stock Up 0.3 %

Shares of ENS traded up $0.23 during trading hours on Thursday, hitting $91.35. The company had a trading volume of 26,702 shares, compared to its average volume of 222,793. EnerSys has a 52-week low of $79.90 and a 52-week high of $113.34. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.53 and a current ratio of 2.67. The stock has a market capitalization of $3.69 billion, a price-to-earnings ratio of 13.78, a P/E/G ratio of 0.77 and a beta of 1.35. The firm has a fifty day moving average price of $91.46 and a 200-day moving average price of $92.69.

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

EnerSys Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were given a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend was Thursday, March 14th. EnerSys’s dividend payout ratio is 13.62%.

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.