Natixis Advisors LLC Buys Shares of 11,715 EnerSys (NYSE:ENS)

Natixis Advisors LLC purchased a new position in EnerSys (NYSE:ENS) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,715 shares of the industrial products company’s stock, valued at approximately $1,083,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Aurora Investment Counsel raised its position in EnerSys by 0.9% in the 4th quarter. Aurora Investment Counsel now owns 20,289 shares of the industrial products company’s stock worth $1,875,000 after buying an additional 173 shares during the last quarter. Skandinaviska Enskilda Banken AB publ raised its holdings in shares of EnerSys by 257,133.3% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 15,434 shares of the industrial products company’s stock valued at $1,433,000 after purchasing an additional 15,428 shares during the last quarter. Swiss National Bank lifted its position in EnerSys by 0.8% during the fourth quarter. Swiss National Bank now owns 79,100 shares of the industrial products company’s stock valued at $7,311,000 after purchasing an additional 600 shares during the period. Wealthfront Advisers LLC purchased a new stake in EnerSys in the fourth quarter worth approximately $11,713,000. Finally, Johnson Investment Counsel Inc. bought a new stake in EnerSys in the 4th quarter worth approximately $243,000. 94.93% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

ENS has been the topic of a number of research reports. StockNews.com upgraded EnerSys from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 6th. Oppenheimer upgraded EnerSys from a “market perform” rating to an “outperform” rating and set a $115.00 price target for the company in a research note on Friday, January 17th. One analyst has rated the stock with a hold rating, two have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $117.50.

EnerSys Trading Down 0.7 %

Shares of ENS stock opened at $97.61 on Wednesday. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.06 and a quick ratio of 2.00. The company has a market cap of $3.85 billion, a price-to-earnings ratio of 12.08, a PEG ratio of 0.57 and a beta of 1.18. EnerSys has a 1 year low of $88.50 and a 1 year high of $112.53. The firm has a fifty day moving average price of $98.68 and a 200-day moving average price of $97.70.

EnerSys (NYSE:ENS) last issued its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $3.12 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.85. EnerSys had a return on equity of 20.78% and a net margin of 9.23%. As a group, equities analysts predict that EnerSys will post 9.99 earnings per share for the current year.

EnerSys Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be given a $0.24 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.98%. EnerSys’s payout ratio is currently 11.88%.

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.