Global Alpha Capital Management Ltd. Has $3.10 Million Stock Holdings in EnerSys (NYSE:ENS)

Global Alpha Capital Management Ltd. boosted its stake in EnerSys (NYSE:ENS) by 22.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 33,548 shares of the industrial products company’s stock after buying an additional 6,187 shares during the period. Global Alpha Capital Management Ltd. owned approximately 0.08% of EnerSys worth $3,101,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. R Squared Ltd acquired a new position in shares of EnerSys in the fourth quarter valued at approximately $47,000. Millburn Ridgefield Corp bought a new stake in EnerSys in the 3rd quarter valued at $88,000. Proficio Capital Partners LLC acquired a new position in EnerSys in the 4th quarter valued at $105,000. Parkside Financial Bank & Trust increased its position in 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 buying an additional 678 shares during the period. Finally, Point72 Asset Management L.P. acquired a new stake in shares of EnerSys during the third quarter worth $125,000. 94.93% of the stock is owned by institutional investors.

EnerSys Stock Performance

ENS opened at $101.27 on Friday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 2.00 and a current ratio of 3.06. EnerSys has a 52-week low of $88.50 and a 52-week high of $112.53. The firm has a market cap of $3.99 billion, a P/E ratio of 12.53, a price-to-earnings-growth ratio of 0.57 and a beta of 1.18. The business’s fifty day moving average is $97.40 and its 200-day moving average is $97.80.

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, 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%. Sell-side analysts expect that EnerSys will post 9.99 EPS for the current fiscal year.

EnerSys Dividend Announcement

The company also recently disclosed 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. The ex-dividend date is Friday, March 14th. This represents a $0.96 dividend on an annualized basis and a yield of 0.95%. EnerSys’s dividend payout ratio (DPR) is 11.88%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. StockNews.com upgraded shares of EnerSys from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 6th. Oppenheimer upgraded shares of EnerSys from a “market perform” rating to an “outperform” rating and set a $115.00 target price on the stock in a research report on Friday, January 17th. One 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 stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus 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.