SG Americas Securities LLC Acquires 1,108 Shares of EnerSys (NYSE:ENS)

SG Americas Securities LLC grew its stake in EnerSys (NYSE:ENS) by 5.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 21,102 shares of the industrial products company’s stock after purchasing an additional 1,108 shares during the quarter. SG Americas Securities LLC owned about 0.05% of EnerSys worth $2,130,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. HighTower Advisors LLC acquired a new position in EnerSys in the first quarter valued at about $264,000. Bank of Montreal Can raised its position in shares of EnerSys by 12.9% in the 1st quarter. Bank of Montreal Can now owns 10,670 shares of the industrial products company’s stock valued at $812,000 after acquiring an additional 1,221 shares during the period. MetLife Investment Management LLC boosted its stake in EnerSys by 35.1% during the 1st quarter. MetLife Investment Management LLC now owns 47,723 shares of the industrial products company’s stock worth $3,559,000 after acquiring an additional 12,406 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in EnerSys by 8.8% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 15,118 shares of the industrial products company’s stock valued at $1,127,000 after purchasing an additional 1,229 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in EnerSys by 7.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,403,889 shares of the industrial products company’s stock valued at $104,691,000 after purchasing an additional 101,062 shares in the last quarter. 94.93% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

ENS has been the topic of a number of recent analyst reports. Oppenheimer cut shares of EnerSys from an “outperform” rating to a “market perform” rating in a research report on Friday, February 9th. StockNews.com upgraded EnerSys from a “buy” rating to a “strong-buy” rating in a report on Wednesday, March 6th.

EnerSys Stock Performance

Shares of ENS opened at $94.19 on Thursday. The firm has a market cap of $3.81 billion, a P/E ratio of 14.25, a PEG ratio of 0.80 and a beta of 1.35. EnerSys has a twelve month low of $79.61 and a twelve month high of $113.34. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.53 and a current ratio of 2.67. The firm’s 50 day moving average price is $93.17 and its two-hundred day moving average price is $93.40.

EnerSys (NYSE:ENS) last issued its quarterly earnings data on Wednesday, February 7th. The industrial products company reported $2.56 EPS for the quarter, topping analysts’ consensus estimates of $2.55 by $0.01. The business had revenue of $861.50 million for the quarter, compared to analyst estimates of $898.79 million. EnerSys had a net margin of 7.49% and a return on equity of 20.09%. The firm’s quarterly revenue was down 6.4% on a year-over-year basis. During the same period last year, the business posted $1.27 earnings per share. On average, analysts forecast that EnerSys will post 8.3 EPS for the current fiscal year.

EnerSys Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 15th will be given a dividend of $0.225 per share. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $0.90 annualized dividend and a dividend yield of 0.96%. EnerSys’s dividend payout ratio is currently 13.62%.

EnerSys Company Profile

EnerSys provides various stored energy solutions for industrial applications worldwide. It operates in three segments: Energy Systems, Motive Power, and Specialty. The company offers uninterruptible power systems 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, renewable, and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.