ProShare Advisors LLC Boosts Stock Position in EnerSys (NYSE:ENS)

ProShare Advisors LLC raised its position in shares of EnerSys (NYSE:ENS - Free Report) by 41.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,133 shares of the industrial products company's stock after acquiring an additional 3,816 shares during the period. ProShare Advisors LLC's holdings in EnerSys were worth $1,214,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Quantinno Capital Management LP increased its position in EnerSys by 8.3% during the fourth quarter. Quantinno Capital Management LP now owns 3,261 shares of the industrial products company's stock valued at $301,000 after acquiring an additional 251 shares during the last quarter. Nomura Holdings Inc. increased its position in EnerSys by 9.9% during the fourth quarter. Nomura Holdings Inc. now owns 17,303 shares of the industrial products company's stock valued at $1,599,000 after acquiring an additional 1,557 shares during the last quarter. Nuveen Asset Management LLC increased its position in EnerSys by 3.8% during the fourth quarter. Nuveen Asset Management LLC now owns 232,094 shares of the industrial products company's stock valued at $21,452,000 after acquiring an additional 8,587 shares during the last quarter. Millennium Management LLC increased its position in EnerSys by 3,833.5% during the fourth quarter. Millennium Management LLC now owns 414,748 shares of the industrial products company's stock valued at $38,335,000 after acquiring an additional 404,204 shares during the last quarter. Finally, Janus Henderson Group PLC grew its holdings in shares of EnerSys by 1.1% in the fourth 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. Institutional investors own 94.93% of the company's stock.

Analyst Upgrades and Downgrades

ENS has been the topic of a number of research analyst reports. Roth Mkm restated a "buy" rating and issued a $120.00 price target on shares of EnerSys in a report on Wednesday, May 14th. Roth Capital restated a "buy" rating on shares of EnerSys in a report on Thursday.

EnerSys Trading Up 4.6%

Shares of NYSE ENS traded up $3.69 during mid-day trading on Tuesday, reaching $83.93. The company had a trading volume of 432,928 shares, compared to its average volume of 294,225. The business's 50-day moving average is $88.93 and its 200-day moving average is $93.95. The company has a current ratio of 3.06, a quick ratio of 2.00 and a debt-to-equity ratio of 0.69. The stock has a market cap of $3.29 billion, a price-to-earnings ratio of 10.38, a price-to-earnings-growth ratio of 0.57 and a beta of 1.13. EnerSys has a 52 week low of $76.57 and a 52 week high of $112.53.

EnerSys (NYSE:ENS - Get Free Report) last issued its earnings results on Wednesday, May 21st. The industrial products company reported $2.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.19. The company had revenue of $974.80 million for the quarter, compared to analysts' expectations of $973.45 million. EnerSys had a net margin of 9.23% and a return on equity of 20.78%. The firm's quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the business earned $2.08 EPS. Equities analysts expect that EnerSys will post 9.99 earnings per share for the current year.

EnerSys Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be issued a dividend of $0.24 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.96 dividend on an annualized basis and a yield of 1.14%. EnerSys's dividend payout ratio is currently 10.65%.

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.