Candriam S.C.A. Acquires 7,394 Shares of EnerSys (NYSE:ENS)

Candriam S.C.A. raised its position in shares of EnerSys (NYSE:ENS) by 37.8% in the fourth quarter, HoldingsChannel reports. The firm owned 26,930 shares of the industrial products company’s stock after buying an additional 7,394 shares during the quarter. Candriam S.C.A.’s holdings in EnerSys were worth $2,489,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Peregrine Asset Advisers Inc. grew its stake in shares of EnerSys by 2.0% during the 3rd quarter. Peregrine Asset Advisers Inc. now owns 6,905 shares of the industrial products company’s stock valued at $705,000 after acquiring an additional 137 shares during the period. Uncommon Cents Investing LLC grew its stake in shares of EnerSys by 4.6% during the 4th quarter. Uncommon Cents Investing LLC now owns 3,400 shares of the industrial products company’s stock valued at $314,000 after acquiring an additional 150 shares during the period. Carolina Wealth Advisors LLC grew its stake in shares of 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 acquiring an additional 169 shares during the period. Aurora Investment Counsel grew its stake 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 acquiring an additional 180 shares during the period. Finally, Quantinno Capital Management LP grew its stake in shares of EnerSys by 6.5% during the 3rd quarter. Quantinno Capital Management LP now owns 3,010 shares of the industrial products company’s stock valued at $307,000 after acquiring an additional 183 shares during the period. 94.93% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. StockNews.com upgraded EnerSys from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 6th. Oppenheimer raised EnerSys from a “market perform” rating to an “outperform” rating and set a $115.00 price target on the stock in a report on Friday, January 17th. One research analyst has rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, EnerSys presently has a consensus rating of “Buy” and a consensus price target of $117.50.

EnerSys Stock Up 0.8 %

NYSE ENS opened at $101.27 on Monday. The stock’s 50 day moving average is $97.57 and its 200 day moving average is $97.86. The company has a current ratio of 3.06, a quick ratio of 2.00 and a debt-to-equity ratio of 0.69. EnerSys has a 12 month low of $88.50 and a 12 month high of $112.53. The stock has a market cap of $3.99 billion, a PE ratio of 12.53, a P/E/G ratio of 0.57 and a beta of 1.18.

EnerSys (NYSE:ENS) last posted its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $3.12 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.85. EnerSys had a return on equity of 20.78% and a net margin of 9.23%. Research analysts predict that EnerSys will post 9.99 EPS for the current fiscal year.

EnerSys Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.24 per share. The ex-dividend date is Friday, March 14th. This represents a $0.96 annualized dividend and a dividend yield of 0.95%. EnerSys’s dividend payout ratio (DPR) is 11.88%.

EnerSys Profile

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.