Stanley Laman Group Ltd. Raises Stock Position in EnerSys (NYSE:ENS)

Stanley Laman Group Ltd. lifted its position in EnerSys (NYSE:ENS) by 14.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 35,440 shares of the industrial products company’s stock after purchasing an additional 4,550 shares during the period. Stanley Laman Group Ltd. owned 0.09% of EnerSys worth $3,578,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of ENS. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of EnerSys by 5.1% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 2,604 shares of the industrial products company’s stock worth $247,000 after buying an additional 127 shares during the period. UMB Bank n.a. lifted its stake in EnerSys by 36.0% in the third quarter. UMB Bank n.a. now owns 620 shares of the industrial products company’s stock worth $59,000 after acquiring an additional 164 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in EnerSys by 1.8% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,431 shares of the industrial products company’s stock worth $952,000 after acquiring an additional 167 shares in the last quarter. Arizona State Retirement System increased its position in EnerSys by 1.6% during the 3rd quarter. Arizona State Retirement System now owns 11,662 shares of the industrial products company’s stock valued at $1,104,000 after purchasing an additional 188 shares during the period. Finally, Huntington National Bank increased its position in EnerSys by 189.6% during the 3rd quarter. Huntington National Bank now owns 362 shares of the industrial products company’s stock valued at $34,000 after purchasing an additional 237 shares during the period. Institutional investors own 94.93% of the company’s stock.

EnerSys Price Performance

ENS stock traded up $0.62 during trading on Thursday, hitting $91.00. The stock had a trading volume of 252,387 shares, compared to its average volume of 223,595. EnerSys has a twelve month low of $79.90 and a twelve month high of $113.34. The company’s 50-day moving average price is $91.45 and its two-hundred day moving average price is $92.80. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.67 and a quick ratio of 1.53. The stock has a market capitalization of $3.68 billion, a P/E ratio of 13.77, a PEG ratio of 0.77 and a beta of 1.36.

EnerSys (NYSE:ENS) last announced its quarterly earnings data on Wednesday, February 7th. The industrial products company reported $2.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.55 by $0.01. EnerSys had a net margin of 7.49% and a return on equity of 20.09%. The company had revenue of $861.50 million during the quarter, compared to analysts’ expectations of $898.79 million. During the same quarter in the prior year, the company earned $1.27 EPS. EnerSys’s revenue was down 6.4% compared to the same quarter last year. As a group, research analysts predict that EnerSys will post 8.3 EPS for the current fiscal year.

EnerSys Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were issued a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date was Thursday, March 14th. EnerSys’s dividend payout ratio is currently 13.62%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. StockNews.com upgraded shares of EnerSys from a “buy” rating to a “strong-buy” rating in a report on Wednesday, March 6th. Oppenheimer lowered EnerSys from an “outperform” rating to a “market perform” rating in a research report on Friday, February 9th.

EnerSys Profile

EnerSys provides various stored energy solutions for industrial applications worldwide. It operates in three segments: Energy Systems, Motive Power, and Specialty. The company offers uninterruptible power systems 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, renewable, and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.