EnerSys (NYSE:ENS) Shares Acquired by Franklin Resources Inc.

Franklin Resources Inc. lifted its holdings in shares of EnerSys (NYSE:ENS - Free Report) by 35.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 51,764 shares of the industrial products company's stock after acquiring an additional 13,647 shares during the period. Franklin Resources Inc. owned 0.13% of EnerSys worth $4,785,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hillsdale Investment Management Inc. lifted its position in shares of EnerSys by 0.3% during the 4th quarter. Hillsdale Investment Management Inc. now owns 38,150 shares of the industrial products company's stock worth $3,526,000 after buying an additional 100 shares during the last quarter. Uncommon Cents Investing LLC grew its holdings in shares of EnerSys by 4.6% during the fourth quarter. Uncommon Cents Investing LLC now owns 3,400 shares of the industrial products company's stock worth $314,000 after purchasing an additional 150 shares during the last quarter. Carolina Wealth Advisors LLC lifted its holdings in shares of EnerSys by 2.6% in the 4th quarter. Carolina Wealth Advisors LLC now owns 6,648 shares of the industrial products company's stock valued at $614,000 after purchasing an additional 169 shares during the last quarter. Aurora Investment Counsel lifted its stake in EnerSys by 0.9% in the fourth quarter. Aurora Investment Counsel now owns 20,289 shares of the industrial products company's stock valued at $1,875,000 after buying an additional 173 shares during the last quarter. Finally, Quantinno Capital Management LP grew its position in shares of EnerSys by 6.5% during the third quarter. Quantinno Capital Management LP now owns 3,010 shares of the industrial products company's stock worth $307,000 after acquiring an additional 183 shares during the last quarter. 94.93% of the stock is owned by institutional investors and hedge funds.

EnerSys Price Performance

Shares of ENS traded down $1.30 during mid-day trading on Wednesday, hitting $82.27. The company's stock had a trading volume of 18,206 shares, compared to its average volume of 284,518. The firm has a 50-day simple moving average of $94.97 and a 200 day simple moving average of $96.15. The firm has a market capitalization of $3.24 billion, a P/E ratio of 10.17, a P/E/G ratio of 0.57 and a beta of 1.15. 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 1-year low of $76.57 and a 1-year high of $112.53.

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

EnerSys Dividend Announcement

The business 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 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date of this dividend was Friday, March 14th. EnerSys's payout ratio is currently 11.88%.

Analyst Upgrades and Downgrades

Separately, Oppenheimer upgraded shares of EnerSys from a "market perform" rating to an "outperform" rating and set a $115.00 price objective on the stock in a research note on Friday, January 17th. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price 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.