Tower Research Capital LLC TRC Has $591,000 Holdings in EnerSys (NYSE:ENS)

Tower Research Capital LLC TRC grew its stake in shares of EnerSys (NYSE:ENS - Free Report) by 606.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,398 shares of the industrial products company's stock after acquiring an additional 5,492 shares during the period. Tower Research Capital LLC TRC's holdings in EnerSys were worth $591,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Headlands Technologies LLC grew its holdings in EnerSys by 937.2% in the 4th quarter. Headlands Technologies LLC now owns 446 shares of the industrial products company's stock valued at $41,000 after buying an additional 403 shares during the last quarter. Canada Pension Plan Investment Board increased its holdings in EnerSys by 25.0% in 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 acquired a new position in shares of EnerSys in the 4th quarter valued at $47,000. Covestor Ltd lifted its holdings in shares of EnerSys by 32.4% during the 4th quarter. Covestor Ltd now owns 773 shares of the industrial products company's stock worth $71,000 after acquiring an additional 189 shares during the period. Finally, Proficio Capital Partners LLC acquired a new stake in shares of EnerSys during the 4th quarter valued at about $105,000. 94.93% of the stock is owned by hedge funds and other institutional investors.

EnerSys Trading Up 3.6 %

Shares of NYSE ENS traded up $3.11 during midday trading on Friday, hitting $90.65. The stock had a trading volume of 306,459 shares, compared to its average volume of 285,773. The firm has a market cap of $3.57 billion, a P/E ratio of 11.22, a price-to-earnings-growth ratio of 0.57 and a beta of 1.15. EnerSys has a fifty-two week low of $76.57 and a fifty-two week high of $112.53. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.06 and a quick ratio of 2.00. The company's 50-day simple moving average is $90.78 and its 200 day simple moving average is $94.66.

EnerSys (NYSE:ENS - Get Free Report) last posted 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 return on equity of 20.78% and a net margin of 9.23%. Research analysts anticipate that EnerSys will post 9.99 EPS for the current year.

EnerSys Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend was Friday, March 14th. EnerSys's dividend payout ratio (DPR) is presently 11.88%.

Analysts Set New Price Targets

Separately, Oppenheimer raised EnerSys from a "market perform" rating to an "outperform" rating and set a $115.00 price objective on the stock in a report 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 assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, EnerSys presently has a consensus rating of "Buy" and an average price target of $117.50.

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.