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

Measured Wealth Private Client Group LLC acquired a new position in EnerSys (NYSE:ENS) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 2,621 shares of the industrial products company’s stock, valued at approximately $265,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Exchange Traded Concepts LLC acquired a new position in shares of EnerSys during the 3rd quarter worth $49,000. Commonwealth Equity Services LLC lifted its holdings in shares of EnerSys by 13.8% during the third 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 boosted its holdings in EnerSys by 1.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 805,421 shares of the industrial products company’s stock valued at $76,249,000 after purchasing an additional 14,253 shares during the period. Brown Advisory Inc. grew 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 worth $561,000 after buying an additional 490 shares in the last quarter. Finally, New York State Teachers Retirement System increased its position in shares of EnerSys by 3.8% during 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 purchasing an additional 2,272 shares during the period. Hedge funds and other institutional investors own 94.93% of the company’s stock.

EnerSys Stock Performance

ENS traded up $0.92 on Friday, reaching $93.28. The company had a trading volume of 178,774 shares, compared to its average volume of 229,022. The stock has a market cap of $3.77 billion, a P/E ratio of 14.11, a P/E/G ratio of 0.79 and a beta of 1.35. The company’s fifty day moving average is $91.55 and its 200 day moving average is $92.68. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.53 and a current ratio of 2.67. EnerSys has a fifty-two week low of $79.90 and a fifty-two week high of $113.34.

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

EnerSys Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were paid a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date was Thursday, March 14th. EnerSys’s payout ratio is 13.62%.

Wall Street Analysts Forecast Growth

ENS has been the topic of several analyst reports. StockNews.com upgraded EnerSys from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, March 6th. Oppenheimer lowered shares of EnerSys from an “outperform” rating to a “market perform” rating in a report on Friday, February 9th.

EnerSys 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.