Perpetual Ltd Has $392,000 Position in EnerSys (NYSE:ENS)

Perpetual Ltd grew its holdings in EnerSys (NYSE:ENS) by 88.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,241 shares of the industrial products company’s stock after buying an additional 1,991 shares during the quarter. Perpetual Ltd’s holdings in EnerSys were worth $392,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ENS. Peregrine Asset Advisers Inc. lifted its stake in EnerSys by 2.0% during the third quarter. Peregrine Asset Advisers Inc. now owns 6,905 shares of the industrial products company’s stock worth $705,000 after purchasing an additional 137 shares during the period. Aurora Investment Counsel raised its holdings in shares of EnerSys by 0.7% in the 2nd quarter. Aurora Investment Counsel now owns 19,936 shares of the industrial products company’s stock worth $2,064,000 after buying an additional 139 shares in the last quarter. Uncommon Cents Investing LLC lifted its position 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 worth $314,000 after buying an additional 150 shares during the period. Carolina Wealth Advisors LLC boosted its stake in EnerSys by 2.6% in the 4th quarter. Carolina Wealth Advisors LLC now owns 6,648 shares of the industrial products company’s stock valued at $614,000 after buying an additional 169 shares in the last quarter. Finally, Quantinno Capital Management LP grew its position in EnerSys by 6.5% in the third 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 owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ENS. StockNews.com upgraded shares of EnerSys from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 6th. Oppenheimer raised shares of EnerSys from a “market perform” rating to an “outperform” rating and set a $115.00 price objective on the stock in a research note on Friday, January 17th. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, EnerSys currently has an average rating of “Buy” and a consensus target price of $117.50.

EnerSys Price Performance

Shares of ENS stock opened at $99.78 on Thursday. EnerSys has a 52 week low of $86.41 and a 52 week high of $112.53. The stock has a market capitalization of $3.97 billion, a PE ratio of 14.13, a PEG ratio of 0.56 and a beta of 1.22. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.87 and a current ratio of 2.97. The stock’s fifty day moving average is $94.63 and its 200-day moving average is $98.45.

EnerSys (NYSE:ENS) last posted its quarterly earnings data on Wednesday, November 6th. The industrial products company reported $2.12 earnings per share for the quarter, beating the consensus estimate of $2.07 by $0.05. EnerSys had a net margin of 8.25% and a return on equity of 20.04%. The firm had revenue of $883.70 million during the quarter, compared to analysts’ expectations of $891.78 million. During the same quarter last year, the company posted $1.84 EPS. The company’s quarterly revenue was down 1.9% compared to the same quarter last year. Equities research analysts expect that EnerSys will post 9.83 EPS for the current fiscal year.

EnerSys Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Shareholders of record on Friday, December 13th were given a $0.24 dividend. The ex-dividend date was Friday, December 13th. This represents a $0.96 dividend on an annualized basis and a yield of 0.96%. EnerSys’s payout ratio is 13.60%.

Insider Activity

In related news, CEO David M. Shaffer sold 20,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $100.01, for a total value of $2,000,200.00. Following the transaction, the chief executive officer now owns 206,724 shares in the company, valued at $20,674,467.24. This trade represents a 8.82 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.61% of the company’s stock.

About EnerSys

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.