EnerSys (NYSE:ENS) Short Interest Update

EnerSys (NYSE:ENS - Get Free Report) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totalling 790,800 shares, a growth of 18.2% from the March 15th total of 668,800 shares. Currently, 2.0% of the shares of the stock are short sold. Based on an average trading volume of 352,300 shares, the days-to-cover ratio is presently 2.2 days.

Analyst Upgrades and Downgrades

Separately, Oppenheimer upgraded shares of EnerSys from a "market perform" rating to an "outperform" rating and set a $115.00 target price on the stock in a research report on Friday, January 17th. One investment analyst has rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $117.50.

EnerSys Trading Up 0.5 %

Shares of ENS stock traded up $0.42 during trading hours on Friday, reaching $86.36. The company had a trading volume of 218,927 shares, compared to its average volume of 285,370. 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 1-year low of $76.57 and a 1-year high of $112.53. The company has a 50 day moving average of $92.20 and a 200 day moving average of $95.24. The firm has a market cap of $3.41 billion, a price-to-earnings ratio of 10.69, a P/E/G ratio of 0.57 and a beta of 1.15.

EnerSys (NYSE:ENS - Get Free Report) last issued its earnings results on Wednesday, February 5th. The industrial products company reported $3.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.27 by $0.85. EnerSys had a return on equity of 20.78% and a net margin of 9.23%. On average, equities research analysts anticipate that EnerSys will post 9.99 EPS for the current year.

EnerSys Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were issued a dividend of $0.24 per share. The ex-dividend date was Friday, March 14th. This represents a $0.96 annualized dividend and a yield of 1.11%. EnerSys's dividend payout ratio is presently 11.88%.

Institutional Trading of EnerSys

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in shares of EnerSys by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 4,667,056 shares of the industrial products company's stock worth $431,376,000 after buying an additional 90,670 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of EnerSys by 0.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,477,667 shares of the industrial products company's stock valued at $136,583,000 after acquiring an additional 13,104 shares during the period. Janus Henderson Group PLC increased its stake in shares of EnerSys by 1.1% during the 4th quarter. Janus Henderson Group PLC now owns 1,322,767 shares of the industrial products company's stock worth $122,262,000 after purchasing an additional 13,786 shares during the last quarter. Deprince Race & Zollo Inc. raised its holdings in shares of EnerSys by 13.4% in the 4th quarter. Deprince Race & Zollo Inc. now owns 1,028,027 shares of the industrial products company's stock valued at $95,021,000 after purchasing an additional 121,758 shares during the period. Finally, Boston Partners lifted its stake in EnerSys by 47.1% in the 4th quarter. Boston Partners now owns 845,496 shares of the industrial products company's stock valued at $78,801,000 after purchasing an additional 270,726 shares during the last quarter. 94.93% of the stock is owned by institutional investors.

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.