Aurora Investment Counsel grew its stake in Enersys (NYSE:ENS – Free Report) by 2.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,676 shares of the industrial products company’s stock after purchasing an additional 551 shares during the period. Aurora Investment Counsel owned about 0.05% of Enersys worth $1,773,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its position in Enersys by 3.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,521,282 shares of the industrial products company’s stock valued at $139,320,000 after buying an additional 43,615 shares in the last quarter. Millennium Management LLC lifted its stake in shares of Enersys by 48.9% in the 1st quarter. Millennium Management LLC now owns 617,475 shares of the industrial products company’s stock valued at $56,548,000 after acquiring an additional 202,727 shares during the last quarter. Paradigm Capital Management Inc. NY boosted its holdings in shares of Enersys by 1.1% during the 1st quarter. Paradigm Capital Management Inc. NY now owns 483,300 shares of the industrial products company’s stock valued at $44,261,000 after acquiring an additional 5,328 shares in the last quarter. Allianz Asset Management GmbH grew its position in Enersys by 249.0% during the 2nd quarter. Allianz Asset Management GmbH now owns 428,394 shares of the industrial products company’s stock worth $36,743,000 after acquiring an additional 305,635 shares during the last quarter. Finally, Segall Bryant & Hamill LLC increased its holdings in Enersys by 1.0% in the 1st quarter. Segall Bryant & Hamill LLC now owns 416,381 shares of the industrial products company’s stock worth $38,132,000 after purchasing an additional 4,012 shares in the last quarter. 94.93% of the stock is currently owned by institutional investors and hedge funds.
Enersys Price Performance
ENS stock opened at $123.89 on Tuesday. The company has a fifty day moving average price of $108.04 and a 200-day moving average price of $95.02. The company has a market capitalization of $4.64 billion, a P/E ratio of 14.14, a PEG ratio of 0.69 and a beta of 1.09. Enersys has a 52-week low of $76.57 and a 52-week high of $124.84. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.91 and a current ratio of 3.00.
Enersys Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Friday, September 12th were given a dividend of $0.2625 per share. This represents a $1.05 annualized dividend and a dividend yield of 0.8%. This is a boost from Enersys’s previous quarterly dividend of $0.24. The ex-dividend date was Friday, September 12th. Enersys’s dividend payout ratio is currently 11.99%.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on the company. Roth Capital restated a “buy” rating and set a $120.00 price target on shares of Enersys in a report on Tuesday, August 5th. Oppenheimer reiterated an “outperform” rating on shares of Enersys in a research report on Friday, August 8th. Weiss Ratings restated a “buy (b-)” rating on shares of Enersys in a research report on Wednesday, October 8th. Finally, Wall Street Zen raised shares of Enersys from a “hold” rating to a “buy” rating in a research note on Sunday, September 28th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $118.33.
Check Out Our Latest Analysis on ENS
Enersys Company 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.
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