Mirova Invests $2.37 Million in EnerSys (NYSE:ENS)

Mirova purchased a new position in EnerSys (NYSE:ENS - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 25,626 shares of the industrial products company's stock, valued at approximately $2,369,000. Mirova owned about 0.06% of EnerSys at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hillsdale Investment Management Inc. boosted its stake in shares of EnerSys by 0.3% in the fourth quarter. Hillsdale Investment Management Inc. now owns 38,150 shares of the industrial products company's stock valued at $3,526,000 after purchasing an additional 100 shares during the period. Canada Pension Plan Investment Board increased its holdings in EnerSys by 25.0% in the fourth quarter. Canada Pension Plan Investment Board now owns 500 shares of the industrial products company's stock valued at $46,000 after buying an additional 100 shares during the last quarter. Mariner LLC raised its position in shares of EnerSys by 3.4% during the 4th quarter. Mariner LLC now owns 4,460 shares of the industrial products company's stock valued at $412,000 after acquiring an additional 147 shares in the last quarter. Uncommon Cents Investing LLC lifted its position in shares of EnerSys by 4.6% in the 4th quarter. Uncommon Cents Investing LLC now owns 3,400 shares of the industrial products company's stock worth $314,000 after buying an additional 150 shares during the last quarter. Finally, Carolina Wealth Advisors LLC lifted its holdings in EnerSys by 2.6% in the fourth quarter. Carolina Wealth Advisors LLC now owns 6,648 shares of the industrial products company's stock worth $614,000 after acquiring an additional 169 shares during the last quarter. Institutional investors and hedge funds own 94.93% of the company's stock.

Wall Street Analysts Forecast Growth

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

EnerSys Stock Performance

Shares of NYSE:ENS traded up $0.30 on Friday, hitting $86.24. The company's stock had a trading volume of 95,130 shares, compared to its average volume of 284,761. The company has a market capitalization of $3.40 billion, a price-to-earnings ratio of 10.67, a price-to-earnings-growth ratio of 0.57 and a beta of 1.15. The company has a debt-to-equity ratio of 0.69, a quick ratio of 2.00 and a current ratio of 3.06. EnerSys has a 12 month low of $76.57 and a 12 month high of $112.53. The stock's 50-day moving average is $92.49 and its two-hundred day moving average is $95.34.

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

EnerSys Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were issued a $0.24 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.96 annualized dividend and a dividend yield of 1.11%. EnerSys's dividend payout ratio (DPR) is 11.88%.

About EnerSys

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.