EnerSys (NYSE:ENS) Shares Sold by Dana Investment Advisors Inc.

Dana Investment Advisors Inc. lessened its holdings in EnerSys (NYSE:ENS) by 5.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 56,716 shares of the industrial products company’s stock after selling 3,266 shares during the quarter. Dana Investment Advisors Inc. owned 0.14% of EnerSys worth $5,242,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. R Squared Ltd purchased a new stake in shares of EnerSys in the fourth quarter valued at approximately $47,000. Millburn Ridgefield Corp acquired a new stake in EnerSys in the third quarter valued at $88,000. Proficio Capital Partners LLC purchased a new stake in shares of EnerSys during the 4th quarter worth $105,000. Parkside Financial Bank & Trust grew its stake in shares of EnerSys by 110.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,293 shares of the industrial products company’s stock worth $120,000 after purchasing an additional 678 shares during the period. Finally, Point72 Asset Management L.P. purchased a new position in shares of EnerSys in the 3rd quarter valued at about $125,000. Institutional investors and hedge funds own 94.93% of the company’s stock.

EnerSys Trading Up 0.2 %

NYSE:ENS opened at $100.45 on Friday. EnerSys has a 52-week low of $88.50 and a 52-week high of $112.53. The company has a quick ratio of 2.00, a current ratio of 3.06 and a debt-to-equity ratio of 0.69. The stock has a fifty day simple moving average of $97.26 and a 200-day simple moving average of $97.78. The company has a market capitalization of $3.96 billion, a PE ratio of 12.43, a price-to-earnings-growth ratio of 0.57 and a beta of 1.22.

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

EnerSys Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors 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 yield of 0.96%. The ex-dividend date of this dividend is Friday, March 14th. EnerSys’s payout ratio is currently 11.88%.

Analyst Ratings Changes

A number of analysts recently commented on ENS shares. Oppenheimer raised shares of EnerSys from a “market perform” rating to an “outperform” rating and set a $115.00 price objective on the stock in a report on Friday, January 17th. StockNews.com upgraded 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 issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $117.50.

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.