EnerSys (NYSE:ENS) Stock Position Lessened by Lingohr Asset Management GmbH

Lingohr Asset Management GmbH decreased its position in EnerSys (NYSE:ENS) by 42.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,146 shares of the industrial products company’s stock after selling 3,075 shares during the quarter. Lingohr Asset Management GmbH’s holdings in EnerSys were worth $385,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Global Alpha Capital Management Ltd. lifted its holdings in shares of EnerSys by 32.8% in the third quarter. Global Alpha Capital Management Ltd. now owns 27,361 shares of the industrial products company’s stock valued at $2,792,000 after buying an additional 6,764 shares during the period. Foundry Partners LLC acquired a new stake in shares of EnerSys in the third quarter valued at $4,740,000. Citigroup Inc. lifted its holdings in shares of EnerSys by 99.2% in the third quarter. Citigroup Inc. now owns 48,429 shares of the industrial products company’s stock valued at $4,942,000 after buying an additional 24,123 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of EnerSys by 2.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 609,520 shares of the industrial products company’s stock valued at $56,338,000 after buying an additional 15,133 shares during the period. Finally, BNP Paribas Financial Markets lifted its holdings in shares of EnerSys by 38.7% in the third quarter. BNP Paribas Financial Markets now owns 43,519 shares of the industrial products company’s stock valued at $4,441,000 after buying an additional 12,145 shares during the period. Institutional investors and hedge funds own 94.93% of the company’s stock.

EnerSys Stock Down 0.7 %

NYSE:ENS opened at $96.91 on Thursday. The firm has a market capitalization of $3.82 billion, a price-to-earnings ratio of 11.99, 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 company has a current ratio of 3.06, a quick ratio of 2.00 and a debt-to-equity ratio of 0.69. The business’s fifty day moving average price is $98.20 and its 200 day moving average price is $97.74.

EnerSys (NYSE:ENS) last posted its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $3.12 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.85. EnerSys had a return on equity of 20.78% and a net margin of 9.23%. On average, sell-side analysts forecast that EnerSys will post 9.99 earnings per share for the current fiscal year.

EnerSys Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be given a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 0.99%. The ex-dividend date is Friday, March 14th. EnerSys’s payout ratio is 11.88%.

Wall Street Analysts Forecast Growth

ENS has been the subject of several analyst reports. StockNews.com raised EnerSys from a “buy” rating to a “strong-buy” rating in a report on Friday, December 6th. Oppenheimer raised EnerSys from a “market perform” rating to an “outperform” rating and set a $115.00 target price for the company in a report on Friday, January 17th. One investment analyst has rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, EnerSys currently has an average rating of “Buy” and a consensus target price of $117.50.

EnerSys 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.