Northern Trust Corp Boosts Stock Holdings in EnerSys (NYSE:ENS)

Northern Trust Corp raised its holdings in shares of EnerSys (NYSE:ENS - Free Report) by 6.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 607,105 shares of the industrial products company's stock after purchasing an additional 35,667 shares during the quarter. Northern Trust Corp owned 1.54% of EnerSys worth $56,115,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Quarry LP increased its stake in EnerSys by 153.4% during the fourth quarter. Quarry LP now owns 337 shares of the industrial products company's stock worth $31,000 after acquiring an additional 204 shares during the last quarter. Headlands Technologies LLC increased its position in shares of EnerSys by 937.2% during the 4th quarter. Headlands Technologies LLC now owns 446 shares of the industrial products company's stock valued at $41,000 after purchasing an additional 403 shares during the last quarter. Canada Pension Plan Investment Board raised its holdings in EnerSys by 25.0% during the 4th 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 period. R Squared Ltd bought a new stake in EnerSys in the fourth quarter worth $47,000. Finally, Covestor Ltd boosted its stake in EnerSys by 32.4% during the fourth quarter. Covestor Ltd now owns 773 shares of the industrial products company's stock worth $71,000 after buying an additional 189 shares during the period. 94.93% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Oppenheimer upgraded shares of EnerSys from a "market perform" rating to an "outperform" rating and set a $115.00 price target on the stock in a report on Friday, January 17th. One 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 company. According to MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $117.50.

EnerSys Trading Up 0.4 %

ENS stock traded up $0.34 during trading on Friday, hitting $93.10. The company had a trading volume of 140,768 shares, compared to its average volume of 284,807. The firm has a market capitalization of $3.67 billion, a P/E ratio of 11.52, a PEG ratio of 0.57 and a beta of 1.13. The company has a quick ratio of 2.00, a current ratio of 3.06 and a debt-to-equity ratio of 0.69. EnerSys has a 52-week low of $76.57 and a 52-week high of $112.53. The company has a 50 day simple moving average of $89.83 and a 200-day simple moving average of $94.37.

EnerSys (NYSE:ENS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The industrial products company reported $3.12 earnings per share (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%. As a group, research analysts forecast that EnerSys will post 9.99 earnings per share for the current fiscal year.

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.