Virtu Financial LLC Purchases New Position in EnerSys (NYSE:ENS)

Virtu Financial LLC purchased a new stake in shares of EnerSys (NYSE:ENS) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 5,643 shares of the industrial products company’s stock, valued at approximately $570,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of EnerSys by 1.5% in the 3rd quarter. Vanguard Group Inc. now owns 4,345,466 shares of the industrial products company’s stock worth $411,385,000 after buying an additional 62,146 shares during the last quarter. Invesco Ltd. grew its holdings in shares of EnerSys by 36.2% during the 3rd quarter. Invesco Ltd. now owns 852,077 shares of the industrial products company’s stock valued at $80,666,000 after purchasing an additional 226,630 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of EnerSys by 3.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 750,960 shares of the industrial products company’s stock valued at $75,817,000 after purchasing an additional 22,202 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of EnerSys by 128.4% during the 3rd quarter. AQR Capital Management LLC now owns 603,169 shares of the industrial products company’s stock valued at $57,102,000 after purchasing an additional 339,141 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in EnerSys by 1.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 560,347 shares of the industrial products company’s stock valued at $56,573,000 after buying an additional 6,758 shares during the period. Institutional investors own 94.93% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on ENS shares. BTIG Research cut shares of EnerSys from a “buy” rating to a “neutral” rating in a research report on Friday, May 24th. StockNews.com cut shares of EnerSys from a “strong-buy” rating to a “buy” rating in a research report on Monday, June 10th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, EnerSys presently has a consensus rating of “Hold” and a consensus price target of $126.50.

EnerSys Stock Up 0.1 %

Shares of EnerSys stock opened at $103.24 on Tuesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.46 and a quick ratio of 1.50. The company has a 50-day moving average of $97.89 and a 200 day moving average of $95.75. The firm has a market cap of $4.15 billion, a price-to-earnings ratio of 15.88, a PEG ratio of 0.66 and a beta of 1.33. EnerSys has a 1 year low of $83.27 and a 1 year high of $113.34.

EnerSys (NYSE:ENS) last issued its quarterly earnings results on Wednesday, May 22nd. The industrial products company reported $2.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.02 by $0.06. The company had revenue of $910.70 million during the quarter, compared to analyst estimates of $893.64 million. EnerSys had a net margin of 7.51% and a return on equity of 20.21%. EnerSys’s quarterly revenue was down 8.0% compared to the same quarter last year. During the same period last year, the business earned $1.82 EPS. As a group, sell-side analysts anticipate that EnerSys will post 8.74 earnings per share for the current fiscal year.

EnerSys Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid a dividend of $0.225 per share. The ex-dividend date is Friday, June 14th. This represents a $0.90 dividend on an annualized basis and a yield of 0.87%. EnerSys’s dividend payout ratio is currently 13.85%.

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.