Louisiana State Employees Retirement System Invests $1.14 Million in EnerSys (NYSE:ENS)

Louisiana State Employees Retirement System acquired a new position in EnerSys (NYSE:ENS - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 11,300 shares of the industrial products company's stock, valued at approximately $1,141,000.

A number of other large investors have also recently made changes to their positions in ENS. NBC Securities Inc. bought a new stake in EnerSys in the third quarter worth $25,000. Huntington National Bank raised its position in EnerSys by 189.6% in the 3rd quarter. Huntington National Bank now owns 362 shares of the industrial products company's stock worth $34,000 after purchasing an additional 237 shares during the period. Parkside Financial Bank & Trust boosted its position in shares of EnerSys by 1,386.7% during the third quarter. Parkside Financial Bank & Trust now owns 446 shares of the industrial products company's stock valued at $42,000 after buying an additional 416 shares during the period. Exchange Traded Concepts LLC bought a new position in shares of EnerSys during the third quarter valued at approximately $49,000. Finally, UMB Bank n.a. raised its holdings in shares of EnerSys by 36.0% in the third quarter. UMB Bank n.a. now owns 620 shares of the industrial products company's stock worth $59,000 after buying an additional 164 shares during the period. 94.93% of the stock is currently owned by institutional investors.

EnerSys Stock Down 0.8 %

Shares of ENS traded down $0.76 during midday trading on Wednesday, reaching $90.34. 248,063 shares of the stock were exchanged, compared to its average volume of 223,231. The company has a current ratio of 2.67, a quick ratio of 1.53 and a debt-to-equity ratio of 0.51. The company's 50 day moving average is $91.46 and its two-hundred day moving average is $92.81. The company has a market capitalization of $3.65 billion, a P/E ratio of 13.67, a PEG ratio of 0.77 and a beta of 1.36. EnerSys has a 52 week low of $79.90 and a 52 week high of $113.34.

EnerSys (NYSE:ENS - Get Free Report) last posted its earnings results on Wednesday, February 7th. The industrial products company reported $2.56 EPS for the quarter, beating analysts' consensus estimates of $2.55 by $0.01. EnerSys had a net margin of 7.49% and a return on equity of 20.09%. The business had revenue of $861.50 million for the quarter, compared to the consensus estimate of $898.79 million. During the same quarter last year, the firm posted $1.27 EPS. The company's revenue for the quarter was down 6.4% on a year-over-year basis. On average, sell-side analysts anticipate that EnerSys will post 8.3 earnings per share for the current year.

EnerSys Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were given a dividend of $0.225 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $0.90 annualized dividend and a yield of 1.00%. EnerSys's dividend payout ratio (DPR) is presently 13.62%.

Wall Street Analysts Forecast Growth

ENS has been the topic of a number of recent analyst reports. Oppenheimer lowered EnerSys from an "outperform" rating to a "market perform" rating in a research note on Friday, February 9th. StockNews.com raised shares of EnerSys from a "buy" rating to a "strong-buy" rating in a research report on Wednesday, March 6th.

About EnerSys

EnerSys provides various stored energy solutions for industrial applications worldwide. It operates in three segments: Energy Systems, Motive Power, and Specialty. The company offers uninterruptible power systems 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, renewable, and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.