Paradigm Capital Management Inc. NY Acquires 15,472 Shares of EnerSys (NYSE:ENS)

Paradigm Capital Management Inc. NY increased its stake in EnerSys (NYSE:ENS) by 3.3% in the 4th quarter, Holdings Channel reports. The fund owned 477,972 shares of the industrial products company’s stock after buying an additional 15,472 shares during the quarter. EnerSys comprises about 2.0% of Paradigm Capital Management Inc. NY’s holdings, making the stock its 14th largest position. Paradigm Capital Management Inc. NY’s holdings in EnerSys were worth $44,179,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in EnerSys by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 4,667,056 shares of the industrial products company’s stock worth $431,376,000 after purchasing an additional 90,670 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of EnerSys by 0.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,477,667 shares of the industrial products company’s stock valued at $136,583,000 after buying an additional 13,104 shares in the last quarter. Janus Henderson Group PLC raised its holdings in shares of EnerSys by 1.1% during the 4th quarter. Janus Henderson Group PLC now owns 1,322,767 shares of the industrial products company’s stock valued at $122,262,000 after buying an additional 13,786 shares in the last quarter. Deprince Race & Zollo Inc. boosted its stake in EnerSys by 13.4% in the fourth quarter. Deprince Race & Zollo Inc. now owns 1,028,027 shares of the industrial products company’s stock worth $95,021,000 after buying an additional 121,758 shares in the last quarter. Finally, Boston Partners boosted its stake in EnerSys by 47.1% in the fourth quarter. Boston Partners now owns 845,496 shares of the industrial products company’s stock worth $78,801,000 after buying an additional 270,726 shares in the last quarter. Institutional investors own 94.93% of the company’s stock.

EnerSys Stock Down 1.6%

Shares of NYSE:ENS opened at $98.33 on Tuesday. The stock has a market capitalization of $3.88 billion, a P/E ratio of 12.17, a price-to-earnings-growth ratio of 0.57 and a beta of 1.13. The stock’s 50-day moving average price is $89.84 and its 200-day moving average price is $94.34. 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 $76.57 and a 12-month high of $112.53.

Wall Street Analyst Weigh In

Separately, Roth Mkm restated a “buy” rating and issued a $120.00 price objective on shares of EnerSys in a report on Wednesday, May 14th. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $117.50.

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.