Schroder Investment Management Group Sells 41,691 Shares of EnerSys (NYSE:ENS)

Schroder Investment Management Group decreased its holdings in shares of EnerSys (NYSE:ENS) by 17.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 200,026 shares of the industrial products company’s stock after selling 41,691 shares during the quarter. Schroder Investment Management Group owned 0.51% of EnerSys worth $18,570,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of ENS. Vanguard Group Inc. boosted its holdings in shares of EnerSys by 2.0% in the fourth quarter. Vanguard Group Inc. now owns 4,667,056 shares of the industrial products company’s stock valued at $431,376,000 after purchasing an additional 90,670 shares during the period. State Street Corp lifted its holdings in shares of EnerSys by 0.9% in the 3rd quarter. State Street Corp now owns 1,474,789 shares of the industrial products company’s stock worth $150,502,000 after buying an additional 13,524 shares during the period. Geode Capital Management LLC lifted its holdings in shares of EnerSys by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 946,260 shares of the industrial products company’s stock worth $96,584,000 after buying an additional 11,384 shares during the period. Boston Partners grew its position in shares of EnerSys by 47.1% during the 4th quarter. Boston Partners now owns 845,496 shares of the industrial products company’s stock worth $78,801,000 after buying an additional 270,726 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of EnerSys by 2.5% during 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. 94.93% of the stock is currently owned by hedge funds and other institutional investors.

EnerSys Stock Up 0.6 %

NYSE:ENS opened at $93.01 on Thursday. The company has a current ratio of 3.06, a quick ratio of 2.00 and a debt-to-equity ratio of 0.69. EnerSys has a twelve month low of $88.50 and a twelve month high of $112.53. The company has a market cap of $3.67 billion, a PE ratio of 11.51, a P/E/G ratio of 0.57 and a beta of 1.18. The company’s 50 day moving average is $98.21 and its two-hundred day moving average is $97.56.

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

EnerSys Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.03%. The ex-dividend date of this dividend was Friday, March 14th. EnerSys’s dividend payout ratio (DPR) is 11.88%.

Analysts Set New Price Targets

ENS has been the subject of a number of analyst reports. Oppenheimer upgraded 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. StockNews.com raised 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 assigned a strong buy rating to the company’s stock. According to data from MarketBeat, EnerSys presently has a consensus rating of “Buy” and a consensus price target 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.