EnerSys (NYSE:ENS) Shares Purchased by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC raised its position in EnerSys (NYSE:ENS) by 25.0% during the fourth quarter, Holdings Channel reports. The firm owned 412,369 shares of the industrial products company’s stock after buying an additional 82,363 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in EnerSys were worth $38,115,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. R Squared Ltd purchased a new stake in shares of EnerSys in the 4th quarter valued at $47,000. Millburn Ridgefield Corp acquired a new stake in shares of EnerSys during the third quarter worth about $88,000. Proficio Capital Partners LLC purchased a new position in shares of EnerSys in the fourth quarter valued at approximately $105,000. Parkside Financial Bank & Trust grew its holdings in shares of EnerSys by 110.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 1,293 shares of the industrial products company’s stock valued at $120,000 after purchasing an additional 678 shares in the last quarter. Finally, Point72 Asset Management L.P. purchased a new stake in EnerSys during the 3rd quarter worth approximately $125,000. 94.93% of the stock is currently owned by institutional investors and hedge funds.

EnerSys Trading Up 2.1 %

NYSE ENS opened at $98.29 on Tuesday. EnerSys has a 52 week low of $88.50 and a 52 week high of $112.53. The firm has a 50 day moving average of $98.58 and a two-hundred day moving average of $97.69. The company has a quick ratio of 2.00, a current ratio of 3.06 and a debt-to-equity ratio of 0.69. The stock has a market capitalization of $3.88 billion, a PE ratio of 12.16, a price-to-earnings-growth ratio of 0.57 and a beta of 1.18.

EnerSys (NYSE:ENS) last posted its earnings results on Wednesday, February 5th. The industrial products company reported $3.12 EPS 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%. As a group, research analysts expect that EnerSys will post 9.99 EPS for the current fiscal year.

EnerSys Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date is Friday, March 14th. EnerSys’s dividend payout ratio (DPR) is 11.88%.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Oppenheimer raised shares of EnerSys from a “market perform” rating to an “outperform” rating and set a $115.00 price target for the company in a research report on Friday, January 17th. StockNews.com raised EnerSys from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 6th. 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 has an average 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.