EnerSys (NYSE:ENS) Holdings Raised by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ increased its stake in EnerSys (NYSE:ENS) by 257,133.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,434 shares of the industrial products company’s stock after purchasing an additional 15,428 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in EnerSys were worth $1,433,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of ENS. Uncommon Cents Investing LLC boosted its holdings in shares of EnerSys by 4.6% in the fourth quarter. Uncommon Cents Investing LLC now owns 3,400 shares of the industrial products company’s stock worth $314,000 after buying an additional 150 shares during the period. Carolina Wealth Advisors LLC lifted its position in shares of EnerSys by 2.6% in the 4th quarter. Carolina Wealth Advisors LLC now owns 6,648 shares of the industrial products company’s stock valued at $614,000 after acquiring an additional 169 shares in the last quarter. Aurora Investment Counsel boosted its stake in EnerSys by 0.9% in the 3rd quarter. Aurora Investment Counsel now owns 20,116 shares of the industrial products company’s stock worth $2,053,000 after purchasing an additional 180 shares during the period. Quantinno Capital Management LP grew its position in EnerSys by 6.5% during the 3rd quarter. Quantinno Capital Management LP now owns 3,010 shares of the industrial products company’s stock worth $307,000 after purchasing an additional 183 shares in the last quarter. Finally, Victory Capital Management Inc. raised its stake in EnerSys by 1.5% during the 3rd quarter. Victory Capital Management Inc. now owns 12,932 shares of the industrial products company’s stock valued at $1,320,000 after purchasing an additional 185 shares during the period. Institutional investors and hedge funds own 94.93% of the company’s stock.

Wall Street Analysts Forecast Growth

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

EnerSys Stock Performance

Shares of NYSE ENS opened at $96.92 on Tuesday. EnerSys has a one year low of $88.50 and a one year high of $112.53. The business’s 50-day moving average price is $98.03 and its two-hundred day moving average price is $97.78. 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 capitalization of $3.82 billion, a P/E ratio of 12.00, a price-to-earnings-growth ratio of 0.57 and a beta of 1.18.

EnerSys (NYSE:ENS) last posted its earnings results on Wednesday, February 5th. The industrial products company reported $3.12 earnings per share (EPS) for the quarter, beating 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%. Analysts anticipate that EnerSys will post 9.99 earnings per share for the current fiscal year.

EnerSys Dividend Announcement

The business 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. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date of this dividend is Friday, March 14th. EnerSys’s payout ratio is 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.