EnerSys (NYSE:ENS) Position Lessened by Vulcan Value Partners LLC

Vulcan Value Partners LLC decreased its position in shares of EnerSys (NYSE:ENS - Free Report) by 9.2% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 109,472 shares of the industrial products company's stock after selling 11,061 shares during the period. Vulcan Value Partners LLC owned 0.28% of EnerSys worth $10,119,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of EnerSys by 2.0% during the 4th quarter. Vanguard Group Inc. now owns 4,667,056 shares of the industrial products company's stock worth $431,376,000 after acquiring an additional 90,670 shares during the period. Dimensional Fund Advisors LP increased its position in EnerSys by 0.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,477,667 shares of the industrial products company's stock worth $136,583,000 after purchasing an additional 13,104 shares during the last quarter. Boston Partners raised its stake in EnerSys by 47.1% during the fourth quarter. Boston Partners now owns 845,496 shares of the industrial products company's stock worth $78,801,000 after purchasing an additional 270,726 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of EnerSys by 2.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 609,520 shares of the industrial products company's stock valued at $56,338,000 after purchasing an additional 15,133 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of EnerSys during the 4th quarter valued at $49,222,000. Institutional investors and hedge funds own 94.93% of the company's stock.

Wall Street Analyst Weigh In

Separately, Oppenheimer raised EnerSys from a "market perform" rating to an "outperform" rating and set a $115.00 price target for the company in a research report on Friday, January 17th. One 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's stock. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of $117.50.

EnerSys Stock Up 1.3 %

EnerSys stock traded up $1.09 during midday trading on Thursday, hitting $87.69. 68,494 shares of the company were exchanged, compared to its average volume of 324,537. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.06 and a quick ratio of 2.00. EnerSys has a fifty-two week low of $76.57 and a fifty-two week high of $112.53. The company's fifty day moving average price is $91.27 and its 200-day moving average price is $94.91. The company has a market cap of $3.46 billion, a PE ratio of 10.85, a price-to-earnings-growth ratio of 0.57 and a beta of 1.15.

EnerSys (NYSE:ENS - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The industrial products company reported $3.12 EPS for the quarter, topping 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, research analysts predict that EnerSys will post 9.99 EPS for the current fiscal year.

EnerSys Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 1.09%. The ex-dividend date was Friday, March 14th. EnerSys's dividend payout ratio (DPR) is presently 11.88%.

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.