Skylands Capital LLC Reduces Position in EnerSys (NYSE:ENS)

Skylands Capital LLC decreased its position in EnerSys (NYSE:ENS) by 4.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 77,980 shares of the industrial products company’s stock after selling 3,800 shares during the period. EnerSys accounts for about 1.0% of Skylands Capital LLC’s investment portfolio, making the stock its 28th biggest position. Skylands Capital LLC’s holdings in EnerSys were worth $7,208,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC increased its position in shares of EnerSys by 273.5% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 9,742 shares of the industrial products company’s stock worth $994,000 after purchasing an additional 7,134 shares in the last quarter. State of Alaska Department of Revenue boosted its holdings in EnerSys by 7.2% in the third quarter. State of Alaska Department of Revenue now owns 4,679 shares of the industrial products company’s stock valued at $477,000 after purchasing an additional 315 shares during the last quarter. Smith Group Asset Management LLC boosted its stake in shares of EnerSys by 25.0% during the 3rd quarter. Smith Group Asset Management LLC now owns 4,638 shares of the industrial products company’s stock worth $473,000 after acquiring an additional 929 shares in the last quarter. US Bancorp DE boosted its stake in shares of EnerSys by 8.6% during the 3rd quarter. US Bancorp DE now owns 5,990 shares of the industrial products company’s stock worth $611,000 after acquiring an additional 473 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its position in shares of EnerSys by 60.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 15,626 shares of the industrial products company’s stock worth $1,595,000 after purchasing an additional 5,909 shares during the last quarter. Institutional investors own 94.93% of the company’s stock.

Analyst Upgrades and Downgrades

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

EnerSys Stock Down 0.6 %

ENS stock opened at $102.08 on Monday. The company’s 50 day simple moving average is $95.92 and its 200-day simple moving average is $97.47. The firm has a market capitalization of $4.02 billion, a PE ratio of 12.63, a P/E/G ratio of 0.57 and a beta of 1.22. EnerSys has a 12 month low of $88.50 and a 12 month high of $112.53. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.06 and a quick ratio of 2.00.

EnerSys (NYSE:ENS) last announced its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $3.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.85. EnerSys had a net margin of 9.23% and a return on equity of 20.78%. Equities analysts expect that EnerSys will post 9.99 earnings per share for the current fiscal year.

EnerSys Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.94%. The ex-dividend date of this dividend is Friday, March 14th. EnerSys’s dividend payout ratio is presently 11.88%.

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.