Arizona State Retirement System Raises Stake in EnerSys (ENS)

Arizona State Retirement System boosted its stake in EnerSys (NYSE:ENS) by 23.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,315 shares of the industrial products company’s stock after acquiring an additional 5,699 shares during the period. Arizona State Retirement System owned 0.07% of EnerSys worth $2,111,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in ENS. Boston Partners boosted its holdings in shares of EnerSys by 22.3% during the 4th quarter. Boston Partners now owns 3,324,452 shares of the industrial products company’s stock worth $231,481,000 after buying an additional 606,247 shares in the last quarter. Royce & Associates LP boosted its holdings in shares of EnerSys by 4,393.4% during the 3rd quarter. Royce & Associates LP now owns 494,277 shares of the industrial products company’s stock worth $34,189,000 after buying an additional 483,277 shares in the last quarter. Global X Management Co. LLC boosted its holdings in shares of EnerSys by 141.6% during the 4th quarter. Global X Management Co. LLC now owns 741,192 shares of the industrial products company’s stock worth $51,609,000 after buying an additional 434,410 shares in the last quarter. Thompson Siegel & Walmsley LLC boosted its holdings in shares of EnerSys by 125.1% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 322,131 shares of the industrial products company’s stock worth $22,282,000 after buying an additional 179,021 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its holdings in shares of EnerSys by 8.3% during the 3rd quarter. Janus Henderson Group PLC now owns 1,738,173 shares of the industrial products company’s stock worth $120,229,000 after buying an additional 133,541 shares in the last quarter. Institutional investors and hedge funds own 97.18% of the company’s stock.

Shares of EnerSys stock traded down $2.65 on Monday, reaching $66.72. 159,463 shares of the company’s stock were exchanged, compared to its average volume of 244,117. The company has a debt-to-equity ratio of 0.61, a quick ratio of 2.53 and a current ratio of 3.47. EnerSys has a 52 week low of $61.33 and a 52 week high of $84.74. The stock has a market capitalization of $2,907.30, a price-to-earnings ratio of 14.76, a PEG ratio of 1.49 and a beta of 1.47.

EnerSys (NYSE:ENS) last issued its earnings results on Wednesday, February 7th. The industrial products company reported $1.25 earnings per share for the quarter, topping analysts’ consensus estimates of $1.14 by $0.11. EnerSys had a return on equity of 18.02% and a net margin of 3.94%. The company had revenue of $658.90 million for the quarter, compared to analyst estimates of $634.75 million. During the same period in the prior year, the firm earned $1.18 earnings per share. EnerSys’s revenue for the quarter was up 16.9% on a year-over-year basis. equities research analysts forecast that EnerSys will post 4.65 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, March 30th. Stockholders of record on Friday, March 16th were given a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend was Thursday, March 15th. EnerSys’s payout ratio is 14.74%.

A number of research firms have issued reports on ENS. Sidoti cut EnerSys from a “buy” rating to a “neutral” rating and set a $79.00 price target on the stock. in a report on Tuesday, January 23rd. ValuEngine upgraded EnerSys from a “hold” rating to a “buy” rating in a report on Saturday, March 10th. CL King upgraded EnerSys from a “neutral” rating to a “buy” rating in a report on Tuesday, January 16th. Finally, TheStreet cut EnerSys from a “b” rating to a “c+” rating in a report on Friday, February 9th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $78.00.

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EnerSys Company Profile

EnerSys is a manufacturer, marketer and distributor of industrial batteries. The Company manufactures, markets and distributes related products, such as chargers, power equipment, outdoor cabinet enclosures and battery accessories, and provides related after-market and customer-support services for industrial batteries.

Institutional Ownership by Quarter for EnerSys (NYSE:ENS)

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